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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

Competitive analysis offers you this lens. This article will walk you through how to conduct an effective competitive analysis, interpret the results, and turn those insights into actionable strategies. Preparing for a Comprehensive Competitive Analysis Before diving in, define clear objectives for your analysis.

Analysis 260
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Feedback Loops and Their Impact on the Customer Experience

InMoment XI

An organization can act on these insights by fixing the existing product or service, and then making sure similar issues don’t appear in the future. As an example, let’s imagine the same financial services firm from earlier experiences a prolonged period of poor customer service due to understaffing or inadequate training.

Feedback 260
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Qualitative Data Analysis: Step-by-Step Guide (Manual vs. Automatic)

Thematic

The majority of qualitative data analysis still happens manually. Both help automate qualitative data analysis. In this post we want to teach you how to conduct a successful qualitative data analysis. We will teach you how to conduct the analysis manually, and also, automatically using software solutions powered by NLP.

Analysis 111
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Evolution of Customer Experience in E-Commerce 2023

Lumoa

In This Article: Customer Experience in E-commerce Trend Predictions for 2023 Offering a Personalized Experience Improving Customer Relationships with AI Chatbot Customer Support Data Collection Customer Satisfaction Analysis Training Employees to Improve CX Providing Quality CX During Consumer Inflation Key Takeaways.

e-support 208
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What a Customer First Strategy Means Post Pandemic

C3Centricity

86% of buyers will pay more for a better customer experience. But only 1% of customers feel that vendors consistently meet their expectations. 89% of consumers have stopped doing business with a company after experiencing poor customer service. RightNow Customer Experience Impact Report. CEI Survey.

Strategy 158
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Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

Before we dive into our remedies, let’s take a look at some of the root causes that could be behind your score going south: Inadequate or Poor Customer Service Many customers tend to be unforgiving if their support experience isn’t up to scratch. And you’re not alone in feeling that way.

NPS 208
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Does a lack of human interaction cost businesses money?

Vonage

Technology has altered customer service expectations forever. Today’s always-connected consumers are more adept at seeking out their own answers than ever. Mobile apps and support portals provide customers with the tools to access round-the-clock service without ever needing to speak to a person. .