Remove 2008 Remove Company Remove Culture Remove Customer Insights
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Is the Chief Experience Officer a Worthwhile Addition to the C-Suite?

Retently

How do you approach customer happiness in your company? Do you simply rely on the generic “the customer is always right” speech, or do you have a customer-centric culture in place that’s overseen by a professional who understands how customers think and feel, and who knows how to get that point of view across to other employees too?

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Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

Moreover, at least two-thirds of Fortune 1000 companies pore over their NPS results religiously, using the metric as a barometer of customer satisfaction and loyalty. Clearly, NPS occupies a special place in customer experience stardom, sitting atop the throne with its crown of glory firmly affixed. What do they have in common?

NPS 208
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Why banks should shift to offense and invest amid market uncertainty

West Monroe

As we’ve learned from previous recessions, the companies that combine defensive tactics with strategic offensive investments in customer experience, technology, and risk management can emerge from a downturn victorious. Venture-capital funding for fintechs is down 32% YOY and many companies in the sector have laid off employees.

Banking 52
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Is the Chief Customer Officer a Worthwhile Addition to the C-Suite?

Retently

How do you approach customer happiness in your company? But taking customer satisfaction lightly can be dangerous too. Some studies from 2016 suggest that poor customer service costs businesses up to $62 million per year. Others are less “optimistic,” saying that companies stand to lose up to $1.6

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How a Better Brand Tracking Program Can Forge Deeper Connections with Customers

Strativity

On the TV closest to our table, the news anchor announced that it felt like 2008 all over again and that corporations didn’t know how to react. Looking around at the table at my four kids and husband, I realized how much has changed since 2008. Consumers had a different relationship with, and metabolism for, content consumption.

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Loyalty partners: co-creating customer value

Currency Alliance

But partnerships don’t have to be between huge companies; a local pharmacy can partner with convenience stores or fashion retailers. The majority of existing partnerships at big loyalty programs are brokered with one goal in mind: creating more value for the most frequent customers. I’m a case in point.

Loyalty 59
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2022 Banking Outlook

West Monroe

The decision to build, buy, or partner to compete with fintechs and large digital technology companies. At the heart of the industry, though, financial services has always been about close, personal relationships between experienced bankers and decades-loyal customers. Build a mutually understood data culture. on average.

Banking 52