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Understanding the Importance of Social Media Marketing

InMoment XI

According to research: 47% of consumers reach out to brands on social because they have a product or service question. a database), unstructured data lacks a consistent format and is not easily searchable or analyzable with traditional data processing techniques. Why is Social Media Important?

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Feedback Loops and Their Impact on the Customer Experience

InMoment XI

A feedback loop, specifically the customer feedback loop, is defined as the process companies use to gather customer feedback and then respond to it by improving some aspect of the business or product. The credit union will make note of this and make sure that future products meet the benchmark set by the successful chat function.

Feedback 260
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Predictive Analytics Examples that Demonstrate Its Impact on Customer Experience

InMoment XI

Put simply: it involves analyzing current and historical data to make predictions about future events or trends. Machine learning algorithms can analyze large datasets quickly and efficiently, enabling businesses to derive insights in real time. Enhance cross-selling and up-selling opportunities. Accelerate operational improvement.

Analytics 260
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Unstructured Data is the Key to Improving the Customer Experience: Here’s Why

InMoment XI

Unlike structured data, which fits neatly into rows and columns, unstructured data lacks a clear format, making it more challenging to analyze using traditional data processing techniques. Analyzing unstructured data requires more advanced techniques than standard data analysis. What Are the Characteristics of Unstructured Data?

Data 260
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How to Improve Customer Experience: A Step by Step Guide

Lumoa

Customer experience management brings discipline to this somewhat vague and soft area: by establishing a systematic process for collecting, analyzing, and acting on customer feedback, you’ll be able to improve customer experience altogether. That makes the results difficult to compare and analyze. Voice of the customer: where to start?

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5 Creative Ways to Use AI for Sentiment Analysis

Lumoa

Have you ever thought about how some businesses manage to analyze thousands of customer reviews and feedback quickly? Firstly, it is time-consuming and labor-intensive, making analyzing large volumes of data impractical. Developers and UX professionals can also tap into its potential to enhance products and services.

Analysis 208
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How AI Customer Experience Can Advance Your Business Strategy

InMoment XI

It empowers businesses to make informed decisions that drive positive change, all while significantly reducing the time and effort spent on analyzing vast amounts of unstructured data, such as customer feedback. With AI, brands spend less time analyzing text-heavy analytics and more time making smarter decisions to drive change.