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How businesses in Australia are losing $11bn a year due to poor customer service – a 38% increase from 2014 (INFOGRAPHIC)

Vonage

Research unveiled this week from NewVoiceMedia reveals that $11 billion is lost by businesses in Australia each year following a bad customer experience – an increase of 38 percent and $3 billion from 2014. How to future-proof your contact center technology and find your competitive advantage. It’s not the product.

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CMO’s Investment Priorities 2014 – I’m shocked

Doug Leather

As somebody who evangelises a customer-centric business model as one of the only ways of building meaningful competitive advantage for most organisations today, my assessment is that these priorities are a ‘step backwards.’ My comments on a couple of these 2014 investment priorities.

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Deep demand forecasting with Amazon SageMaker

AWS Machine Learning

Every business needs the ability to predict the future accurately in order to make better decisions and give the company a competitive advantage. The input data is a multi-variate time series that includes hourly electricity consumption of 321 users from 2012–2014. The following table compares model performance.

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A Mash of Monthly Mashes

Customers That Stick

__. Volume 37: November 2014 – The Sympathetic Holiday Shopper: To be open or not to be open on national holidays. Volume 36: October 2014 – The Omnipresent Customer: Customers want to talk with us where they want to talk with us, and they want the experience to be seamless across channels.

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What Every C-Suite Leader Needs to Know about Customer Experience

Experience Investigators by 360Connext

Customer Experience Creates a Competitive Advantage. Deloitte & Touche, Customer Centricity 2014 ). It’s worth noting that happier customers typically mean happier employees, who are less likely to leave and more likely to refer others to work for the brand. It’s a total win/win.

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Top 10 Customer Experience Podcasts You Should Listen To

Kustomer

The podcast is focused on helping businesses gain a competitive advantage and build a more successful organization in the digital era through insights from top experts. Gartner ThinkCast is Gartner’s business-centric podcast that “puts you at the intersection of business and technology.” Crack the Customer Code.

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CMO Perspectives (10th Oct, 2014)

Customer Interactions

Every CEO worth their salt must be familiar with the market and know their competitive advantage. In today’s “age of the customer,” that advantage is knowing your customer and delivering the best possible customer experience. They say it’s never a good idea to compare yourself to others. Except in business, that is.