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Customer Feedback Is No Longer Just a Luxury for High End Retailers

Alida

consumers will likely return quickly to paying full price for luxury goods—the same way they did after the 2008 global financial crisis. The global pandemic may have impacted how consumers buy luxury goods, but the market is still growing. According to McKinsey & Co., The firm anticipates growth of 1% to 4% for luxury retail in 2021.

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Top 18 Uservoice Alternatives & Competitors

Zonka Feedback

UserVoice is a fantastic tool for collecting customer feedback that allows you to collect and manage feedback in order to improve your product. However, it was one of its kind that was launched in 2008.

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Why Online Feedback is Vital for Ecommerce Managers

mopinion

of all retail sales in 2008 to nearly 11.9% The post Why Online Feedback is Vital for Ecommerce Managers appeared first on Mopinion. The ecommerce industry has experienced a tremendous amount of growth in the past decade. Having jumped from 3.5%

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From 2008 to Today, and Back to the 80s: C3 2018 Day 2 Highlights

Clarabridge

From 2008 to Today, and Back to the 80s: C3 2018 Day 2 Highlights. . As a daily destination for consumers, they’re constantly receiving feedback and have been able to turn that data into actionable insights and improvements. The post From 2008 to Today, and Back to the 80s: C3 2018 Day 2 Highlights appeared first on Clarabridge.

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Why listening to customers matters in a recession

Thematic

It seems obvious, but according to Hubspot research , 42% of businesses don’t survey their customers or collect feedback. Analyzing this feedback data becomes increasingly important during a recession. During the 2008 recession, Starbucks came under threat. Let's look at Target during the 2008 recession.

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Guest Post: Why Anecdotal Customer Feedback is Dangerous

ShepHyken

He shares insight on gaining and interpreting customer feedback. Customer feedback is a gift. The value of feedback is heightened today, as customer experience sways purchase decisions more than ever. But making customer experience changes based on customer feedback isn’t always wise, as you’ll see in this article.

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Want to Improve CX Significantly? Enhance Your Communication Strategies!

Daniel Group

This analysis covers 600,000 surveys from 2008 in one vertical market. The customer must initiate the feedback. Many of our clients began using this feedback to recognize those mentioned and to share it with others, which was a subtle teaching tool and can improve CX significantly. These workers welcome this kind of feedback.