2020 Research

OCTOBER 6, 2022

How do you maintain or even grow your customer base when consumers restrict spending? It’s a complex problem to navigate, but a consumer insights strategy helps simplify it. How a consumer insights strategy improves products, services, and more. How to design a consumer insights strategy that delivers results.

Consumers 52

Consumers Strategy Groups Customer Base 52

2020 Research

AUGUST 26, 2022

The Looming Economic Storm: How Consumer Banks Will Survive This Recession. Schlesinger Group surveyed more than 3,000 customers of the 20 leading financial institutions in the U.S. Should Consumer Banks Shift Their Perspective When Addressing Internal Challenges? Is Consumer Loyalty the Key to Survival for Consumer Banks? .

Banking 52

Banking Consumers Loyalty Groups 52

Second to None

MARCH 2, 2021

Your brand experience is a multi-layered avenue that draws a connection between you and consumers — positively or negatively. You can, and should, use the brand experience as a frontline tool to turning consumers into customers — and loyal ones. How Do Consumers “Experience” a Brand? Customer effort. Social media

Consumers 109

Consumers Brands Customer Experience Social Media 109

Alida

APRIL 5, 2017

Combine the ubiquity of mobile devices and the power of gamification , and it’s no wonder consumers have fueled the explosion of mobile apps. From web traffic to social media, retail brands regularly squeeze out every bit of customer data possible. Encourage engagement and positive behaviors with tech-enabled rewards programs.

Retail 154

Retail Customer Base Strategy Rewards Programs 154

2020 Research

SEPTEMBER 8, 2022

This is where consumer insights strategies can be helpful in obtaining the necessary data to fuel reporting and business intelligence (BI). Continue reading as we explore consumer insights strategies for finance managers. What Is a Consumer Insights Strategy? . Market research and consumer insights are closely related.

Consumers 52

Consumers Strategy Self Service Management 52

Second to None

SEPTEMBER 25, 2018

Any brand that hopes to connect with consumers is must reckon with the powerful nature of public scrutiny in the digital age. Consumer trust is a lucrative yet brittle aspect of any brand’s customer experience platform and the viral potential of negative public relations can instantly tarnish the public’s perception of your organization.

Consumers 109

Consumers Brands Social Media Voice of Customer 109

InMoment XI

JANUARY 4, 2024

It can be argued that the customer experience is more important in retail than any other industry. Why is the Retail Customer Experience Important The retail customer experience has become increasingly significant in the success and sustainability of any business operating in the modern marketplace.

Retail 260

Retail Customer Experience Effort Score Social Media 260

InMoment XI

APRIL 25, 2024

Did you know that over half of financial services consumers say they have low trust in their provider? And, of those consumers, only 34% of them would recommend their brand to friends and family. Since finances are such a personal part of our lives, consumers in the industry are the most withholding of their trust.

Financial 260

Financial Management Banking Insurance 260

InMoment XI

NOVEMBER 28, 2022

The other reality is that consumers want to interact with a live person. According to CDP.com, 64% of consumers say access to live people would significantly improve customer experience. But how many customer-support experiences take only a few minutes? Factor #2: Time to Completion.

Customer Experience 493

Customer Experience Call Center First Call Resolution Chatbots 493

CSM Magazine

JANUARY 27, 2023

Automation of repetitive chores Automating repetitive work is one of technology’s most potential advantages for managing consumer businesses. Businesses may automate tedious processes like data entry, customer service, and inventory management using software and technology.

Consumers 52

Consumers Technology Management Self Service 52

InMoment XI

FEBRUARY 9, 2024

At the same time, we’re seeing a massive shift in the way consumers want to browse and buy vehicles. Automotive brands need to understand customers’ needs and preferences, and then adapt accordingly, to deliver outstanding experiences that win and retain customers. Instead, many consumers do both. A survey from J.D.

Automotive 260

Automotive Customer Journeys Chatbots Ecommerce 260

SurveySparrow

APRIL 28, 2023

As a business owner or marketer, it’s essential to understand the psychology behind consumer buying behavior. Understanding consumer behavior is crucial for businesses to create effective marketing strategies that appeal to potential customers and lead to increased sales.

Consumers 52

Consumers Advertising Social Media Culture 52

InMoment XI

SEPTEMBER 20, 2023

By Simon Fraser, InMoment + Kirstin Simons, NPSx by Bain & Company NPSx by Bain & Company and InMoment recently released the State of CX: UK Consumer Trends Report , an in-depth analysis of customer perceptions on brand experiences across multiple industries.

Net Promoter Score 260

Net Promoter Score NPS Retail Trends 260

Qualtrics

NOVEMBER 16, 2021

Consumers want better experiences in 2022, and businesses are failing to respond – risking on average 9.5% Read on for top-level insights from our Global Consumer Trends 2022 report. We asked over 23,000 consumers across 23 countries about their experiences with brands in 2021, and what they’re looking for from businesses in 2022.

Trends 49

Trends Consumers Report Feedback 49

C3Centricity

MAY 12, 2024

Deliver Exceptional Customer Service Exceptional customer service is the first essential step to plan. A study by American Express found that 70% of consumers are willing to spend more with companies they believe provide excellent customer service. It is the second most important way to delight your customers.

Loyalty 156

Loyalty Exceptional Customer Service Loyalty Programs Customer Service Representative 156

Alida

OCTOBER 18, 2021

The pandemic has sparked immense change in consumer behaviour trends and so it should come as no surprise that consumer needs and desires have also shifted. But have brands adapted alongside their customer base? According to over 5,000 global consumers, clearly not enough.

Trends 246

Trends Consumers Customers Customer Base 246

CSM Magazine

OCTOBER 4, 2022

The need to keep customers feeling supported and happy while ensuring they remain loyal remains a constant and critical goal for the banking sector. And nearly half of consumers over age 41 don’t receive fraud alerts because they don’t know they are available. Despite fraud and security being high on the agenda for U.S.

Banking 52

Banking Consumers Customer Experience Net Promoter Score 52

Comm100

NOVEMBER 15, 2022

There’s no doubt that telephone remains a stalwart customer service channel. Many consumers still prefer to call companies for support, particularly when the issue is complex or urgent. Firstly, the majority of consumers now want to connect with brands digitally. Grow customer base. Increase deal size. Next steps.

Omni-Channel 216

Omni-Channel Chatbots Social Media Software 216

Gainsight

OCTOBER 22, 2020

A focus on retaining customers comes with its own challenges. That person has likely been a user of convenient consumer products and translates their experience with those products into heightened expectations for your organization. That’s why our customers love our Journey Orchestrator feature. The Purpose Behind The Process .

Customer Base 59

Customer Base Return on Investment NPS Customer Retention 59

NetBase

JULY 17, 2020

Differentiating your brand requires next level consumer understanding. Capturing consumer verbatims to see precisely what they love and hate. And we can identify where that consumer sentiment doesn’t necessarily overlap, and put strategies in place to get them to.” Personal Narrative Theme for Consumer Understanding.

Consumers 52

Consumers Analytics Social Media Analysis 52

NetBase

MARCH 20, 2020

Hotwire Global understands that consumers’ values should direct any high stakes crisis response, as do other online leaders with their ears to the ground. Crisis Management – Consumer Values Matter. Making Mistakes & Making It Right with Consumers. Nike Captures Consumer Values. Mind blown?

Consumers 56

Consumers Social Media Exercises Brands 56

Eptica

FEBRUARY 28, 2020

Date: Friday, February 28, 2020 Author: Pauline Ashenden - Marketing Manager Why you need to give consumers channel choice to drive engagement. Author: Pauline Ashenden - Marketing Manager The number of channels available to consumers has skyrocketed. Whichever the channel, consumers demand fast answers and a seamless experience.

Consumers 72

Consumers Self Service Engagement Social Media 72

OpinionLab

AUGUST 29, 2017

For this, you need to know the specifics of how customers behave and what they actually want. This is exactly why we recently surveyed 24,000 consumers and 1,000 businesses globally. This group will inevitably make up an increasingly greater proportion of your customer base as time moves on so this is an extremely important point.

Omni-Channel 166

Omni-Channel Consumers How To Touchpoint 166

InMoment XI

MAY 14, 2022

While the intelligence derived from this feedback is critical for an organization to create optimal, personalized customer experiences that drive business value, there is another salient factor that drives consumer behavior: customer-brand identity. Step #3: Engineer a Clearly-Defined—and Customer-Aligned—Brand Identity.

Brands 493

Brands Loyalty Retail Competitive Advantage 493

NetBase

DECEMBER 13, 2019

Most potential consumers are scrolling through online content for a good portion of their day. Brands reaching these media-connected consumers have advanced social analytics informing strategic outreach decisions. Media-connected consumers are online overall an average of 6.5 Customer Experience is Everything.

Analytics 52

Analytics Consumers Connections Advertising 52

InMoment XI

MARCH 6, 2024

As hosts of this “party,” the company is responsible for ensuring that every aspect of the customer experience is enjoyable and satisfactory. It highlights the importance of online reputation management and the type of impact it has on customer experience. A brand is no longer what we tell the consumer it is.

Customer Experience 260

Customer Experience Social Media Customer Centricity Feedback 260

CSM Magazine

OCTOBER 6, 2020

Adopting Artificial Intelligence is just the first step, the second is unlocking the true potential of AI to boost customer confidence with a focus on data. reveals his 3-step formula for winning hearts and minds in the quest for consumer trust in the age of AI. AI and consumer trust – a delicate balance. Henry Jinman of EBI.AI

Consumers 52

Consumers Insurance Self Service Customer Confidence 52

Kayako

AUGUST 12, 2022

Customers still want personalized service even if they aren’t coming into the store. What consumers really want is personalization in the customer service experience. Customers expect brands to understand their individual journey with the brand. 66% of consumers expect brands to understand their individual needs.

Customer Service 292

Customer Service Ecommerce Effort Score e-support 292

Lumoa

NOVEMBER 17, 2022

In This Article: Customer Experience in E-commerce Trend Predictions for 2023 Offering a Personalized Experience Improving Customer Relationships with AI Chatbot Customer Support Data Collection Customer Satisfaction Analysis Training Employees to Improve CX Providing Quality CX During Consumer Inflation Key Takeaways.

e-support 208

e-support Customer Experience Social Media Chatbots 208

ShepHyken

OCTOBER 5, 2018

New Direct-to-Consumer companies are flourishing by focusing on building strong relationships with their customers that they own directly, bolstered by better experiences. On the other hand, DTC brands can deliver a great experience by offering a tailored selection that suits the needs of their customer base without overwhelming them.

Consumers 85

Consumers Brands Retail Culture 85

Second to None

SEPTEMBER 21, 2018

As consumer purchasing options widen, it becomes increasingly challenging for retail organizations to foster a brand identity that connects with evolving consumer expectations. Once you have collected enough information about the market-at-large, your brand can begin to adjust its experience to meet these evolving consumer desires.

Retail 54

Retail Consumers Brands Trends 54

Lumoa

DECEMBER 19, 2023

Customer feedback is a precious resource for understanding what’s effective and what needs improvement. However, manually sifting through and evaluating this feedback can be incredibly time-consuming. Firstly, it is time-consuming and labor-intensive, making analyzing large volumes of data impractical.

Analysis 208

Analysis Social Media Trends Feedback 208

Second to None

JUNE 21, 2018

The idea behind this type of marketing is if the potential customer is consistently and continually provided with content that is both interesting and useful, the end result will be the consumer will purchase the service or product. This will help retain and grow the brand’s customer base through loyalty.

Loyalty 61

Loyalty Consumers Marketing How To 61

CX University

APRIL 16, 2024

The Rise of the Conscious Consumer In today’s competitive business landscape, customer loyalty has become a critical factor for success. As consumers become increasingly discerning, the alignment between a company’s values and the personal values of its customers has emerged as a significant driver of loyalty.

Loyalty 52

Loyalty Brands Social Media Consumers 52

Lumoa

SEPTEMBER 11, 2023

It involves creating a plan to elevate every customer’s experience across every touchpoint they have with your company. Customer experience is a wide-ranging phenomenon that comes to life the moment a potential consumer becomes aware of a brand. Customer experience wasn’t always given this much importance.

Strategy 208

Strategy Customer Experience Effort Score Net Promoter Score 208

Lumoa

SEPTEMBER 11, 2023

It involves creating a plan to elevate every customer’s experience across every touchpoint they have with your company. Customer experience is a wide-ranging phenomenon that comes to life the moment a potential consumer becomes aware of a brand. Customer experience wasn’t always given this much importance.

Strategy 208

Strategy Customer Experience Effort Score Net Promoter Score 208

GetFeedback

DECEMBER 21, 2018

Customer retention statistics: More than 6 in 10 U.S. consumers say that their go-to channel for simple inquiries is a digital self-serve tool such as a website, mobile app, voice response system or online chat. billion per year due to avoidable consumer switching. American Express ). companies lose $136.8 CallMiner ).

Customer Retention 390

Customer Retention Net Promoter Score Poor Customer Service B2B 390