CloudCherry

FEBRUARY 26, 2019

Key Takeaways from Forrester Report on the State of Customer Analytics. The findings of the 2018 Forrester Report on the State of Customer Analytics are based on an online survey in which 144 North American analytics and measurement pros , from a broad set of industries, took part.

Analytics 256

Analytics Report Analysis Study 256

Totango

AUGUST 16, 2022

Customer Retention Software Cuts Down Client Churn. Customer retention software has become essential for effective SaaS customer success strategies. A winning SaaS business model must prioritize retaining customers, which is far more cost-efficient than acquiring new clients to offset churn.

Customer Retention 100

Customer Retention Software Customer Success CRM 100

NobelBiz

MAY 14, 2024

Contact centers have always been at the forefront of adopting technologies that can enhance the interaction between agents and customers. One of the most transformative technologies in recent years is conversational analytics. But what exactly is conversational analytics, and why is it becoming an indispensable tool in call centers?

Call Center 59

Call Center Analytics Contact Center Effort Score 59

SurveySparrow

FEBRUARY 22, 2024

Customer retention is one of the crucial aspects of business. Since it’s plain as sky that it’s harder to acquire a new customer than to retain one, most companies go retention. Now, the next hurdle is finding the apt tool or software to help with retention. And that’s probably why you are here, right?

Customer Retention 52

Customer Retention Software Gamification e-support 52

Thematic

SEPTEMBER 12, 2021

Through comments in customer feedback surveys, social media conversations, call center dialogue, etc., your customers are often telling you how they feel about specific features, customer service quality, user experience, and more. In this article, we’ll dive into how companies leverage customer feedback analytics.

Metrics 117

Metrics Analytics Feedback Effort Score 117

Help Scout

MAY 12, 2021

In this article, we discuss the role of support teams in retaining customers and show how to combine high-quality, empathetic customer service with a deliberate focus on business growth. What is customer retention and how is it measured? Review “lost customer” feedback. Know the numbers.

Customer Retention 115

Customer Retention Effort Score Self Service Measurement 115

BirdEye

JULY 24, 2023

All these prove why businesses need to focus more on customer feedback analysis to unlock more opportunities. In this guide, you’ll learn everything you need to know about customer feedback analysis to grow your business. Table of contents What is customer feedback analysis?

Analysis 98

Analysis Feedback Social Media Net Promoter Score 98

Totango

JANUARY 26, 2021

Utilizing technology makes it one of the easiest ways to keep more customers. Read on to learn what churn is, how an attrition analysis can help you pinpoint why you’re losing customers, and what steps you can take to prevent customer churn. What Is Churn Rate and How Does It Relate to Customer Retention?

Customer Retention 89

Customer Retention e-support Analysis Customers 89

SurveySensum

NOVEMBER 24, 2023

Your NPS score helps you gauge your customer loyalty and satisfaction with your product, service, and overall business success. A higher NPS score is associated with increased customer retention and long-term profitability, whereas a low score requires immediate action. But how to achieve this? Let’s find out. So what to do?

NPS 52

NPS Analytics Case Study Analysis 52

SurveySensum

JANUARY 4, 2024

You see the quantitative feedback will only give you a score, but only with proper analysis of qualitative feedback can you identify areas of improvement. With the help of Text Analytics Feature, you can properly analyze your NPS program. So, they used the Text Analytics feature of SurveySensum to tag and analyze thousands of feedback.

Analytics 52

Analytics NPS Banking Analysis 52

Thematic

MAY 22, 2023

Predictive Operational Data Analytics combined with the high-value signals that come from NLP provide amazing insights on all three. So what is Predictive Operational Data Analytics about? The data is available for 100% of customers, on a continuous basis. Here is one way to think about text analytics. That’s it.

Analytics 62

Analytics Data Contact Center Analysis 62

InMoment XI

FEBRUARY 23, 2024

Complexity and Cost: Market segmentation can be complex and resource-intensive, requiring extensive data collection, analysis, and segmentation strategy development. Businesses must invest time and resources in thorough market research and analysis to identify viable segmentation opportunities.

Marketing 260

Marketing Customer Experience Return on Investment Analysis 260

CloudCherry

AUGUST 21, 2018

Making yourself more available via chat and other modes of service, when the customer needs it. In this article we want to help you go deeper and use path analysis to create a truly remarkable, next-level proactive customer experience. It decreases customer contact rates. It increases customer retention.

Customer Journeys 150

Customer Journeys Analytics Analysis Self Service 150

InMoment XI

AUGUST 18, 2022

Centralize data streams and leverage advanced analytics and behavioral science experts to identify where and how to act—and the anticipated impa ct. In our experience, the four areas most programs prove the ROI of customer experiences in are: Customer Acquisition Customer Retention Increase Customer Lifetime Value (CLV) Cost Reduction.

ROI 557

ROI Customer Experience Effort Score Financial 557

Gainsight

JUNE 21, 2022

The good news is that there’s a simple fix: with product analytics powering the operation, creating impactful product roadmaps is a breeze. This, in turn, improves product experiences, increases customer retention, and enables you to supercharge your product-led growth efforts. This is where product analytics can be beneficial.

Roadmap 52

Roadmap Analytics Analysis User Experience 52

Magellan Solutions

AUGUST 4, 2021

Here’s how BPO Philippines Leverage Predictive Analysis to enhance their service delivery. BPO Philippines is making use of innovative technologies like AI, machine learning, speech analytics and especially predictive analytics. What is Predictive Analysis. Predictive analysis is used for tracking purposes.

Analysis 52

Analysis Call Center Customer Retention Analytics 52

CustomerSuccessBox

JUNE 17, 2022

That can be done through product analytics. What is Product Analytics? Product analytics is the process of evaluating how your customers or users engage with your product. It, ultimately, helps customer success managers to drive product adoption among the users. How does product analytics work?

Analytics 52

Analytics Customer Journeys Analysis Metrics 52

InMoment XI

FEBRUARY 2, 2024

The event brought in senior leadership from analytics, CX, insights, and VoC programs from 44 different brands, all with the common goal: sharing how integrated CX is making groundbreaking changes to their companies, customer experiences, and the market as a whole.

Hospitality 260

Hospitality Call Center Retail NPS 260

NobelBiz

FEBRUARY 22, 2023

This article focuses on the crucial role of customer data analytics in contact center performance and customer experience. Table of Contents show What is Customer data analytics? Here are some more advantages of employing call center analytics: 1.

Contact Center 52

Contact Center Analytics Data Call Center 52

GlowTouch

JANUARY 6, 2023

The Stevie Awards for Achievement in the Use of Data and Analytics in Customer Service Entry from GlowTouch. Customer Service and Contact Center Achievement Categories Category 76. Every interaction between a customer and a contact center agent includes a narrative. Impacting Customer Retention.

Analytics 52

Analytics Data Customer Service Contact Center 52

Magellan Solutions

JUNE 12, 2021

Offshore Call Center Services Uses Speech Analytics to Improve Customer Journey. For an outsourced call center services, this could mean use of technologies such as AI or in this case speech analytics. For an outsourced call center services, this could mean use of technologies such as AI or in this case speech analytics.

Call Center 52

Call Center Analytics Self Service Multi-Channel 52

Calabrio

SEPTEMBER 21, 2016

That’s 200B+ minutes of your customers telling you who they are and what they want. Yet, the average organization analyzes a whopping 2% of these interactions—and most of this analysis has a reactive, remedial goal. Just as bad: 52% of contact centers don’t share customer intelligence with the rest of the enterprise.

Contact Center 100

Contact Center Analytics Technology Customer Voice 100

Experience Investigators by 360Connext

APRIL 23, 2024

Often, CRM systems are the tools used to track important customer data and feedback metrics.) Speaking of data…any type of business strategy requires incorporating key data and analysis to get to the insights, improvements, and priorities in a plan. CEM is no different, but tracking metrics alone is not a strategy.

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

NetBase

MAY 25, 2020

As the world recuperates and consumers everywhere are feeling hesitant to resume life as usual, recovery mode must be focused on supplying what customers need – and those needs have changed drastically in the past few months. Retaining customers in the long run depends on how well your brand adapts. Here’s how.

Customer Retention 60

Customer Retention Healthcare Trends Consumers 60

Adrian Swinscoe

JANUARY 15, 2024

Today’s interview is with Tue Martin Berg, the CEO and part of the founding team at Capturi, Scandinavia’s leading software provider for conversation analysis. Tue joins […] The post The challenge with conversational analysis in the Nordics – Interview with Tue Martin Berg of Capturi first appeared on Adrian Swinscoe.

Analysis 45

Analysis Software Customer Focused Customer Retention 45

Lumoa

FEBRUARY 16, 2023

Using a customer needs analysis and setting up a feedback loop are the key ways to make this happen. One of the best analysis techniques available is the voice of customer (VoC) template. It will help you gather valuable feedback, identify customer pain points, and work towards better solutions.

Voice of Customer 236

Voice of Customer How To Feedback Return on Investment 236

Bob Hayes

MARCH 19, 2018

As users/customers engage with a company (their products, services, surveys), they generate a lot of data about their behaviors and interactions with the brand. Artificial Intelligence and Predictive Analytics. Using Descriptive, Predictive and Prescriptive Analytics to Make Decisions / Take Actions. IBM Watson Commerce.

Analytics 93

Analytics Loyalty Analysis Data 93

InMoment XI

NOVEMBER 15, 2023

With 87% of consumers actively avoiding buying from brands they don’t trust, understanding and improving the customer experience has never been more critical. Customer experience analytics is the practice that empowers businesses to do just that. What is Customer Experience Analytics?

Analytics 324

Analytics Customer Experience e-support Net Promoter Score 324

Thematic

AUGUST 21, 2023

Examples of positive feedback loops A positive feedback loop is when a company takes customer feedback and makes improvements. Once the improvements are in place, the process starts again, with analysis of user feedback to ensure the fix has hit the mark. Why are feedback loops important? If so, great - on to the next issue.

Feedback 62

Feedback Analysis Customer Satisfaction Customer Retention 62

Lumoa

JANUARY 19, 2023

Your team must be skilled in market research and analysis, be the voice of your consumers, and be the driving force behind change and the elimination of pain points. Pro tip : If your customer journey is mostly digital (e.g., For example: website optimization, content marketing, and digital analytics. website, apps, etc.),

Customer Experience 236

Customer Experience Net Promoter Score How To Customer Journeys 236

Pointillist

MARCH 20, 2020

Over the past few years, CX leaders have adopted customer journey analytics to connect the dots between customer behavior and the KPIs by which businesses are measured. Leveraging these solutions enables you to aggregate, analyze and act on customer journey data to improve customer experiences and achieve business outcomes.

Customer Journeys 70

Customer Journeys Analytics Examples Self Service 70

Team HGS

JANUARY 30, 2018

Advantages of Using Analytics in Customer Experience. By Subramanya C, HGS Chief Technology Officer Analytics goes hand in hand with today’s optimized customer experience strategy. As predicted by Gartner, this year 50% of agent interactions will be influenced by real-time analytics.

Analytics 69

Analytics Customer Experience e-support Insurance 69

CustomerSuccessBox

APRIL 19, 2022

Businesses are realizing the power of customer journey mapping to monitor customer experience performance and identify opportunities for improvement. Customer journey analytics is enabling access to tap into the customer behavior across touchpoints and over time to measure the impact of customer behavior on business outcomes.

Customer Journeys 52

Customer Journeys Metrics Analytics Touchpoint 52

Bob Hayes

MARCH 19, 2018

As users/customers engage with a company (their products, services, surveys), they generate a lot of data about their behaviors and interactions with the brand. Artificial Intelligence and Predictive Analytics. Using Descriptive, Predictive and Prescriptive Analytics to Make Decisions / Take Actions. IBM Watson Commerce.

Analytics 74

Analytics Loyalty Analysis Data 74

CustomerSuccessBox

AUGUST 29, 2021

What is Product Analytics? Your customers are using your product but it is important for you to analyze how users utilize your product features, predict areas of product friction, and how you can improve the product experience. Here comes product analytics. Where is Product Analytics used? Let us see what they are.

Tools 52

Tools Analytics Customer Success Data 52

NobelBiz

APRIL 30, 2024

The development of AI in customer service began with simple automated systems and has evolved into sophisticated AI solutions capable of handling complex queries with a human-like understanding. This evolution has been driven by advancements in machine learning, natural language processing, and big data analytics.

Call Center 105

Call Center Contact Center Chatbots Virtual Agent 105

NobelBiz

APRIL 30, 2024

The development of AI in customer service began with simple automated systems and has evolved into sophisticated AI solutions capable of handling complex queries with a human-like understanding. This evolution has been driven by advancements in machine learning, natural language processing, and big data analytics.

Call Center 104

Call Center Contact Center Chatbots Virtual Agent 104