Remove 2005 Remove Consumers Remove Customer Insights Remove Effort Score
article thumbnail

Expert commentary: Closing the CX Gap between Customer Expectations and Business Reality

Comm100

The value of excellent customer experience (CX) is no secret, nor are the aspects needed to deliver it – and yet many organizations are struggling to deliver on consumer CX expectations. While investing in a CX program that attempts to meet or exceed these expectations seems reasonable, this can be a Sisyphean effort.

article thumbnail

Everything You Need to Know about Text Analytics

Lumoa

If you work in a big company with large number of customers (or users), you most probably receive a lot of feedback: people write about their experiences, complain about the things that do not work and tell about the things they love. Most companies collect feedback in some specific format, such as Net Promoter Score.

Analytics 304
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why invest in the Net Promoter Score?

Thematic

Are you wondering whether to invest in the Net Promoter Score (NPS) to improve your customer experience? In this post, we’re only focusing on Net Promoter Score. For more on the Net Promoter System , we recommend checking out resources like Bain & Company , and Customer Strategy to name only a couple).

article thumbnail

10 Ways to Build Customer Centric Organization

ProProfs Chat

Ways to Build A Customer Centric Organization. In spite of such efforts, why do you see so many businesses struggling to get customer centricity on track? It is quite possible that the volume, velocity and variety of customer data can be overwhelming for many businesses. That’s because numbers don’t lie.

article thumbnail

Redemption ecosystems: beyond the loyalty reward catalog

Currency Alliance

This is really important, because the lifetime value of a customer that reaches a reward soon after joining a loyalty program, or if one sees they are making good progress towards something aspirational, is typically dozens of times higher. but the effort is also high (perhaps 1-0.8 = 0.2). and a modest effort of perhaps 0.25 (i.e.,

Loyalty 52
article thumbnail

Redemption ecosystems: beyond the loyalty redemption catalog

Currency Alliance

This is really important, because the lifetime value of a customer that reaches a reward soon after joining a loyalty program, or if one sees they are making good progress towards something aspirational, is typically dozens of times higher. but the effort is also high (perhaps 1-0.8 = 0.2). and a modest effort of perhaps 0.25 (i.e.,

Loyalty 52