InMoment XI

FEBRUARY 2, 2024

The event brought in senior leadership from analytics, CX, insights, and VoC programs from 44 different brands, all with the common goal: sharing how integrated CX is making groundbreaking changes to their companies, customer experiences, and the market as a whole. Responding to both positive and negative feedback can’t be overstated enough.

Hospitality 260

Hospitality Call Center Retail NPS 260

AskNicely

MARCH 30, 2017

In fact, wouldn’t it be even better if you had a way to figure out why customers are unhappy and therefore likely to leave? That’s where Net Promoter Score (NPS) surveys can come to the rescue. Using NPS surveys – you can achieve all of the above and more. How do you know if your customers are satisfied?

NPS 150

NPS Net Promoter Score Customer Satisfaction Survey 150

SurveySensum

MAY 11, 2023

— By listening to your customers, of course! One way to do this is by using Net Promoter Score (NPS), a simple and widely used metric that helps businesses measure customer satisfaction, benchmark their performance against competitors, and identify areas for improvement. What is NPS? What’s a good NPS score in retail?

NPS 52

NPS Retail Net Promoter Score Effort Score 52

Lumoa

MARCH 12, 2023

A customer experience platform is a set of tools designed to help a business manage and improve—you guessed it—the customer experience they provide. These tools typically include features such as customer data management, analytics and reporting, automation, and personalization. Increased lifetime value.

Customer Experience 208

Customer Experience Customer Journeys NPS Analytics 208

Gainsight

OCTOBER 19, 2023

Companies are also recognizing the value of CS Operations to drive efficiency and further ROI from the CS organization. The Responsibilities of CS Hold Steady As in previous reports, CS continues to have the same primary responsibilities: customer retention, customer outcomes, product adoption, and expansion.

Customer Success 52

Customer Success Net Promoter Score NPS Customer Retention 52

Pointillist

MARCH 20, 2019

By Swati Sahai The importance of calculating your customer experience ROI cannot be overstated—how will you build, measure and regularly optimize your customer experience efforts if you don’t know the return on your CX investments? But the revenue impact of customer satisfaction can and must be measured.

ROI 59

ROI Customer Experience Self Service How To 59

Beyond Philosophy

NOVEMBER 10, 2014

In addition, higher levels of customer satisfaction are tied to high levels of positive cash flows with low volatility, and positive earnings surprises. Keeping Customers results in a high increase in value. Focusing on customer retention with a better Customer Experience will benefit your bottom-line expenses.

Net Promoter Score 164

Net Promoter Score ROI Customer Experience Insurance 164

Pointillist

JUNE 5, 2019

Customer experience is a top priority for organizations in 2019 Customer experience is universally recognized as a top priority by most organizations, regardless of industry or size. It is also about changing customer and employee behavior to drive financial impact.

Customer Journeys 89

Customer Journeys Measurement Report Omni-Channel 89

ClearAction

OCTOBER 16, 2019

Acquisition Addiction’s Impact on Customer Experience ROI Lynn Hunsaker. Addiction to acquisition of customers is taking a toll on customer experience ROI. trillion dollars lost through customers switching suppliers every year in the USA is equivalent to the GDP of Canada or Italy? Did you know that 1.8

ROI 59

ROI Customer Experience Customer Centricity Net Promoter Score 59

SurveySparrow

SEPTEMBER 21, 2020

And in this blog, we’ll discuss how online surveys increase ROI. And, what’s more rewarding is the fact that online surveys can increase your business ROI like never before. By the end of the article you’ll learn how to gain lifetime leads with high ROI, that too without investing huge sums of money or time.

ROI 45

ROI Survey Return on Investment Social Media 45

Gainsight

AUGUST 31, 2020

Recently, our Chief Customer Officer, Ashvin Vaidyanathan , met with Mike Rivisto , Senior Vice President, Customer Success, and Services at ServiceChannel along with their Senior Director of Customer Success, Jessica Countess. While their recent NPS score of 73.8 How they reached this level of customer engagement .

NPS 52

NPS Effort Score Survey Roadmap 52

delighted

DECEMBER 10, 2019

ROX is the new customer experience ROI. Let’s get right into it — how customers perceive your brand can influence the success of your business more than ever before. Expected Customer Experience (CX) impact on loyalty. But what exactly is the return? This couldn’t be more inaccurate.

ROI 40

ROI Measurement Customer Experience Effort Score 40

Gainsight

OCTOBER 2, 2023

This inflection point couldn’t have come at a more opportune time, as a challenging economy has forced SaaS companies to focus on maintaining and growing revenue from existing customers through retention and expansion. That’s the high-level story, but there’s a lot of nuance and depth in the final report. Want More Findings?

Customer Success 52

Customer Success Net Promoter Score NPS Case Study 52

Gainsight

OCTOBER 2, 2023

This inflection point couldn’t have come at a more opportune time, as a challenging economy has forced SaaS companies to focus on maintaining and growing revenue from existing customers through retention and expansion. That’s the high-level story, but there’s a lot of nuance and depth in the final report. Want More Findings?

Customer Success 52

Customer Success Net Promoter Score NPS Case Study 52

Retently

AUGUST 3, 2023

Unlike traditional marketing channels like advertising, referral marketing has a much better impact and ROI. In another customer survey , Nielsen found that over 60% of customers relied heavily on user reviews before purchasing. In other words, a customer is 50x more likely to buy, if they hear a good word about it.

Customer Experience 148

Customer Experience Net Promoter Score Effort Score Social Media 148

InMoment XI

APRIL 3, 2024

In fact, Forbes reports that a staggering 96% of people are distrustful of ads. Each of these advantages leads to and reinforces the same outcome: Increased revenue and improved ROI on customer-facing initiatives. Follow up on every piece of customer feedback. Are You Undervaluing Your Customers? ( [link] ).

Customer Expectations 260

Customer Expectations Meeting Customer Experience Touchpoint 260

GetFeedback

MAY 9, 2019

If you Google customer experience you’ll get about 2,340,000,000 results—articles, videos, reports—with in-depth information about the space. Basically, it gives you real-time insight into your customers’ experiences. It’s the big picture metric of customer experience. . Reduced costs. .

Customer Experience 337

Customer Experience Customer Journeys Metrics Effort Score 337

CloudCherry

OCTOBER 25, 2018

On September 27th, I had the great pleasure of moderating a panel at CEM Asia attempting to answer the question: How do business leaders quantify the ROI of CX? Even the CEO was held accountable to adoption metrics when reporting to the board.

CEM 170

CEM ROI Metrics Call Center 170

Playvox

JULY 31, 2023

However, some of the quickest ROI can come from the employee self-service (ESS) aspects of a WFM solution. Improved Efficiency Getting your staffing levels right and creating a balanced workload across all of your customer service channels is crucial. Overstaffing means excessive costs, loss of efficiency, and low productivity.

Self Service 85

Self Service Management Contact Center ROI 85

Thematic

APRIL 3, 2024

By systematically collecting and analyzing this rich data, you gain insights that drive meaningful improvements across the customer journey. Reduced Churn: Identifying the root causes of customer dissatisfaction enables you to proactively address issues, prevent customer loss, and preserve revenue. ” 3. ” 5.

Ecommerce 62

Ecommerce Analysis Social Media Effort Score 62

CloudCherry

DECEMBER 1, 2018

On September 27th, I had the great pleasure of moderating a panel at CEM Asia attempting to answer the question: How do business leaders quantify the ROI of CX? Even the CEO was held accountable to adoption metrics when reporting to the board.

CEM 150

CEM ROI Metrics Call Center 150

Lithium

DECEMBER 28, 2020

With Thanksgiving upon us, all of us at Khoros are grateful for our amazing customers and we find ourselves reflecting on the many valuable insights they shared at Khoros Engage events this year. We’re highlighting three of those insights below; if you missed Engage and want to know what it was all about, take a look at the IDC report.

Engagement 52

Engagement Net Promoter Score ROI Chatbots 52

SurveySparrow

MARCH 9, 2024

Gartner has found out that listening to the voice of customers can increase upselling and cross-selling by 15-20%. At the same time, the report also discusses how the customer retention expenditure can be reduced by 25% as well. It is widely known that catering to customer needs makes a business.

Tools 52

Tools Voice of Customer Touchpoint Social Media 52

SurveySensum

JULY 11, 2023

Whether your customers are interacting with you online, in-store, or over the phone, they want a consistent experience. A PWC retailing report found that the number of companies investing in the omnichannel customer experience has jumped from 20% to more than 80% to deliver the same customer experience at all touchpoints.

Brands 83

Brands Customer Experience Effort Score Rewards Programs 83

ChurnZero

OCTOBER 12, 2021

Your Customer Success program is a telling datapoint when comparing great companies apart from their peers. The effects of CS run deeper than just customer retention – this instrumental function can have a profound impact on your long-term corporate success. Announcing the Winners of ChurnZero’s 2021 ChurnHero Awards.

Effort Score 98

Effort Score NPS Healthcare Training 98

SurveySensum

SEPTEMBER 11, 2023

How well is your SaaS product performing, especially in terms of SaaS customer retention ? This is why SaaS businesses must focus heavily on retaining customers and ensuring that they keep using their products and services. NPS helps you gauge customer satisfaction and loyalty. “ But why measure it?

Metrics 52

Metrics Effort Score Net Promoter Score Measurement 52

GetFeedback

AUGUST 14, 2019

Great customer experiences are created by designing and understanding the end-to-end journey of your customer, from before they are aware of your brand all the way through to when they leave you or become your greatest advocate. . Customers and their experiences are complex and nuanced, so there’s no perfect metric.

Customer Journeys 273

Customer Journeys Metrics How To Customer Satisfaction 273

SmartKarrot

DECEMBER 4, 2020

Before customer success was introduced, companies used to spend massive funds in acquiring the customers only to see them finally go. But as customer retention became a major goal for these companies, customer success ROI started paying off. Importance of measuring customer success ROI.

ROI 10

ROI Measurement Customer Success Return on Investment 10

ProProfs Chat

APRIL 17, 2020

And if you successfully increase customer retention rates by 5%, then you can boost profits by 25% to 95%. That’s one of the reasons why y ou formulate strategies to retain your customers. 4: Net Promoter Score (NPS). #5: 5: Customer Satisfaction Score. #6: 6: Customer Lifetime Value (LTV). #7:

Metrics 95

Metrics Measurement Customer Success Net Promoter Score 95

Lithium

NOVEMBER 27, 2019

With Thanksgiving upon us, all of us at Khoros are grateful for our amazing customers and we find ourselves reflecting on the many valuable insights they shared at Khoros Engage events this year. We’re highlighting three of those insights below; if you missed Engage and want to know what it was all about, take a look at the IDC report.

Engagement 40

Engagement Net Promoter Score ROI Chatbots 40

TechSee

APRIL 16, 2019

Employers around the globe are facing the most severe recruitment crisis in 12 years, according to the latest Talent Shortage Survey , with 40% of companies surveyed reporting difficulties filling roles. Proactive assistance is the practice of identifying and resolving customer issues before they become problems.

Call Center 126

Call Center Culture Contact Center Net Promoter Score 126

Customer Bliss

AUGUST 3, 2018

“A very small increase in customer retention can yield a huge impact on profitability.” How Net Promoter Companies Thrive in a Customer-Driven World. Rob Markey is a partner at Bain & Company and leads the customer strategy and marketing practice. What Do You Know Now That You Wish You Knew Then?

Leadership 120

Leadership Chief Customer Officer Social Media Loyalty 120

CustomerSuccessBox

MARCH 15, 2022

Influencing loyalty and customer retention. Amplifying the customer lifetime value. The major conversation among the customer success departments is its various subdivisions and what each of them contributes to doing. Client success manager Customer success manager Clients are their prospects Customers are the prospects.

Customer Success 52

Customer Success Management Comparison Metrics 52

Customer Guru

DECEMBER 13, 2017

The natural question to ask as you look at these stats is: Has anything changed in the last 4 years since this report was published? . According to a Gartner research , 50% of product investment projects will be redirected to customer experience innovations in 2017. The value of customer experience. Source: CX Networks.

Customer Experience 119

Customer Experience Chief Customer Officer Customer Centricity Infographics 119

Comm100

DECEMBER 12, 2017

For maximum capacity for positive change and to send a strong message about the importance of CX in the executive suite, this person should report directly to the CEO. Quality management requires measurable and clear objectives that will be used to calculate ROI. Customer retention. Acquiring new customers.

Training 106

Training Customer Experience Customer Journeys How To 106

Thematic

NOVEMBER 13, 2018

In addition, with a well-implemented VOC program, you can better retain your customers – think higher customer loyalty scores, less churn, and a higher customer lifetime value, thanks to repeat purchases. Make sure you choose the right metric , such as NPS, but don’t focus on it too much.

Voice of Customer 101

Voice of Customer Net Promoter Score Effort Score ROI 101

ChurnZero

MARCH 5, 2021

This doesn’t mean you should toss your customer satisfaction surveys (CSAT, NPS, CES) out the door, but you should review your question phrasing, both informal and formal, for hidden bias. Summary report followed by a live 30-minute action planning session. Summary report only with electronic response to any questions.

Customer Success 98

Customer Success Effort Score Customers Survey 98