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Create memories that tell your brand story

CX University

Customer experience is most commonly misunderstood as customer service which refers to the types of assistance, advice, and levels of engagement customers endure before, during, and after a sales transaction. Customer experience synchronises and steers these cross-functional efforts towards a common goal – the customer.

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A Diehard Fanbase of Customers Help Create Sales Champions

Think Customers

It typically costs five times as much to acquire a new customer than it does to retain an existing one, he said, and developing diehard fans can help brands score well into the future. No one becomes a diehard fan overnight – or, in the sales world, after just one touchpoint. Cultivate relationships strategically.

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Loyalty programs: should you issue your own points or miles?

Currency Alliance

Many people assume that operating a loyalty program necessarily implies issuing your own loyalty points or miles. The optimal points to offer mostly depends on the frequency of engagement your brand has with target customers. This actually is not true. Points and miles are a dominant and popular form of loyalty value.

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ROI of Customer Experience can be measured: Build your case for ROX

delighted

Essentially, ROX begins with mapping consumers’ purchase journeys, identifying touchpoints and factors that impact customers most, and improving those experiences for a positive business outcome. Engaging with the right stakeholders. How easy it is to launch a CX program. Group customers based on their CX score.

ROI 40
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Leveraging Customer Service Survey Questions to Boost Your Support Strategy

Retently

Moreover, engaging customers directly for their feedback confirms that their input is valued, which can lead to improved loyalty and higher customer retention rates. High CSAT scores can help businesses identify best practices and strengths to build upon. What is the primary reason for your score?”

Survey 141
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Innovators break the mould, at the 2020 Loyalty Magazine Awards

Currency Alliance

Loyalty had evolved into a fairly segregated marketing function, but many of this years’ entries were more comprehensive, loyalty-enabled marketing programs. As more holistic marketing initiatives, loyalty mechanics were harnessed to drive and measure engagement across channels, and across many more customer touchpoints.

Loyalty 52
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Consumer banking: money can’t buy loyalty

Currency Alliance

Banks have been in and out of rewards programs for decades – but their focus ebbs and flows depending on the economic cycle as well as the regulatory framework. Compounded in Europe by the slashing of interchange fees, banks have been left with reduced margins from which to carve out rewards value[v]. CX enhancements at scale.

Banking 40