PeopleMetrics

APRIL 28, 2015

This was the terrifyingly binary challenge Joe Sullivan , CEO of Market Insights delivered to a group of banking execs last Friday at the N.J. Joe shared some statistics that would make less-intrepid bank executives contemplate a career change. In 2014, the most likely reason a customer is in the branch is to resolve an issue.

Banking 48

Banking Customer Experience How To Financial 48

Forcivity Salesforce

APRIL 1, 2022

Customer experience management in financial services is becoming more and more critical to success for the industry. Changing customer expectations and evolving government regulations have triggered a period of transformation for financial service providers. How do you create customer loyalty in financial services?

Financial 52

Financial Self Service Customer Experience Multi-Channel 52

BirdEye

AUGUST 29, 2023

You can grow, scale, and develop your business if you understand your customers’ feelings about you. Great products, the best marketing campaigns, and the costliest ads are all playing second fiddle to the power of customer satisfaction. Build processes that factor in the needs and preferences of customers.

Customer Satisfaction 98

Customer Satisfaction Chatbots Social Media Omni-Channel 98

ClearAction

JANUARY 12, 2022

As your roadmap and indices for customer-centered management capability, let’s review the alternative angles on Ease-of-Doing-Business and Ease-of-Work provided by this article series: Ease of Doing Business. This is a spin-off of the World Bank’s Ease-of-Doing-Business Index 3. 16X reduction in customers’ time for service.

Government 62

Government Net Promoter Score Customer Centricity Analysis 62

Beyond Philosophy

NOVEMBER 10, 2014

So instead of writing philosophically about the importance of optimizing your Customer Experience to creating an emotional engagement that creates loyalty between your Customers and your organization like I usually do, I will limit this post to facts and figures.

Net Promoter Score 164

Net Promoter Score ROI Customer Experience Insurance 164

Beyond Philosophy

OCTOBER 29, 2014

When they removed that benefit to replace it with another one, their customers were enraged and still talk with pain about that years later. The loss aversion was in effect as well when several major US banks (e.g. Bank of America, Morgan Chase, etc.) This led to a large public revolt and forced the banks to axe their plans.

Net Promoter Score 140

Net Promoter Score Customer Experience CEM Banking 140

CSM Magazine

JUNE 7, 2021

Digital Customer experience is considerably simpler to quantify than the experiences in non-digital ecosystems because of the amount of data produced in the digital environment, including cookies, fillable banking, online forms, user databases, and other data analysis techniques.

Customer Experience 52

Customer Experience Advertising Social Media Touchpoint 52

ReviewTrackers

MAY 8, 2017

CX is also a great competitive differentiator, helping companies respond to and exceed customer expectations, improve satisfaction, drive loyalty, reduce churn, and increase revenue. For more on CX: “ Customer Experience Definition — and How CX Differs from Customer Service”. Customer Experience World.

Conference 50

Conference Omni-Channel Customer Journeys Customer Experience 50

COPC

JUNE 6, 2019

A quick visit to the supermarket will now become an intermediate one, especially if you have no brand loyalty or you are looking for a niche product. You used to simply walk into your bank and speak to your bank manager. One of first lessons every new manager learns is that they must use the KISS principle.

Customer Experience 46

Customer Experience Self Service Effort Score Banking 46

Responsetek

MAY 8, 2018

Customer Experience Management (CEM) is a methodology of measuring business performance based on the voice of the customer at all touch points in order to drive continuous customer-focused improvements. Focusing on the customer often results in conflicting emotions and discomfort for midlevel management teams.

CEM 40

CEM Strategy Insurance Abandon Rate 40

Lumoa

MAY 21, 2018

Organizational roles in customer experience management. Marketing Marketing, which often substitutes or fulfils the role of Customer Experience management, must tailor the customer communications to align with customer segments. Let's go deeper in each of the roles.

Customer Experience 326

Customer Experience Customer Centricity Net Promoter Score Feedback 326

SurveySensum

MARCH 4, 2021

She is a CX entrepreneur that designs products, services, and solutions that helps businesses attract, satisfy, and retain customers while improving the customer experience management capabilities of teams. Conduct a customer experience maturity assessment. If they are satisfied, is it leading to loyalty?

Metrics 52

Metrics ROI Measurement Voice of Customer 52

PeopleMetrics

DECEMBER 18, 2015

In this post, we examine how customer experience leaders need to ask important questions and focus on delivering on the promises they make to customers. This post takes a look at why customer experience management is important, and just how much it can help customers in their day-to-day lives.

Customer Experience 48

Customer Experience Banking Metrics Customer Experience Management 48

SurveySensum

JULY 14, 2020

With over 20 years’ of extensive work experience across the Big 4 Assurance & Consulting Companies, plus Two Major Telecom companies in Indonesia, Rudy Dalimunthe is currently working with Indonesia’s #1 E-Commerce company, Tokopedia. She has an accumulative experience of 16 years in the Audit and Banking industry.

Customer Experience 132

Customer Experience Consulting Multi-Channel Leadership 132

Lumoa

MAY 21, 2018

Organizational roles in customer experience management. Marketing Marketing, which often substitutes or fulfils the role of Customer Experience management, must tailor the customer communications to align with customer segments. Let's go deeper in each of the roles.

Customer Experience 160

Customer Experience Customer Centricity Net Promoter Score Feedback 160

Pointillist

APRIL 26, 2018

Barriers to Creating a Single Customer View. As per a Harvard Business Review Analytic Services study of more than 400 customer experience executives, one of the top challenges of customer experience management is achieving a single customer view. Why do most companies struggle in this endeavor?

Customer Experience 72

Customer Experience How To Effort Score Touchpoint 72

Qualtrics

FEBRUARY 21, 2020

In the decade since the financial crisis brought widespread attention to how the banking industry treated its customers, many banks have made customer experience (CX) transformation a strategic priority. consumers to rate their interactions with 294 organizations across 20 industries, including banking.

Banking 36

Banking Industry Customer Experience Customer Journeys 36

Storyminers

JULY 6, 2020

As part of Qualtrics’ XM Institute, she focuses her efforts on helping organizations optimize their experience management (XM) programs. She leads the XM Institute’s research into CX and EX best practices and the broader organizational capabilities required for building loyalty by improving customer and employee experiences.

Customer Experience 147

Customer Experience Customer Service Social Media Consulting 147

Storyminers

JULY 6, 2020

As part of Qualtrics’ XM Institute, she focuses her efforts on helping organizations optimize their experience management (XM) programs. She leads the XM Institute’s research into CX and EX best practices and the broader organizational capabilities required for building loyalty by improving customer and employee experiences.

Customer Experience 130

Customer Experience Customer Service Social Media Consulting 130

Qualtrics

FEBRUARY 14, 2019

Richard Waring and his team lead on insights and market research in Bank of Ireland. Along with the bank’s Customer Experience team, they form part of a newly-formed Chief Marketing Office. On getting started in CX at Bank of Ireland. Basically, we don’t deliver customer data and then run away.

Banking 42

Banking Data Retail Financial 42

Strativity

JULY 16, 2014

Strativity Group’s next Customer Experience Management (CEM) Certification program will be held in Orlando, FL., Developing customer experiences in an era where the power in the company/customer relationship has shifted to the customer. Mapping and prioritizing the customer journey.

Customer Experience Management 40

Customer Experience Management Groups CEM Customer Experience 40

Lumoa

APRIL 24, 2018

Sue Duris Customer Experience and Digital Marketing Consultant. For organizations just starting out with CX, NPS is a good gauge of loyalty. You want to see a complete view of your customers, what's going on, trends, etc. Janne Ohtonen Director of Customer Experience Management at Openet.

System 338

System Effort Score NPS Net Promoter Score 338

Forrester's Customer Insights

OCTOBER 26, 2022

Are you responsible for building, improving, or evolving your company’s digital business strategy? If you answered yes (or even “mostly yes”), then the Develop The Digital Strategy priority within the Forrester Decisions for Digital Business & Strategy service is for you!

Strategy 26

Strategy Healthcare Travel Financial 26

ClearAction

MAY 28, 2015

Perhaps it’s because of stats like: 90% of executives say that customer experience is central to their strategies , but a whopping 86% don’t expect to see a significant uplift in business results from it. Too much company-centered thinking and not enough customer-centric business management. A: Absolutely.

Company 48

Company Customer Experience Social Media Customer Journeys 48

ClearAction

AUGUST 21, 2016

Perhaps it’s because of stats like: 90% of executives say that customer experience is central to their strategies , but a whopping 86% don’t expect to see a significant uplift in business results from it. Too much brand-centered thinking and not enough customer-centric business management. A: Absolutely.

Brands 54

Brands Customer Experience Social Media Customer Journeys 54

GetFeedback

JANUARY 6, 2020

After Voice of the Customer (VoC) , nothing is more closely associated with Customer Experience Management (CXM) than a customer journey map (CJM). . In B2C, yes, in many cases there is exactly one customer as the buyer and user. Customers are not worth the same, nor should they be treated the same.

Customer Journeys 195

Customer Journeys B2C B2B Social Media 195

Experience Matters

APRIL 7, 2015

1) Company Overview: Clarabridge’s customer experience management platform helps hundreds of the world’s leading brands understand and improve the customer journey. The result: happy, loyal customers. 2) Make the case : Winning brands win the hearts of their customers. Clarabridge.

Groups 120

Groups Multi-Channel Omni-Channel CEM 120

Customer Alignment

DECEMBER 18, 2017

Ease and efficiency won’t make customers stick around; emotion will and they will pay for a good one. Without confidence in text analytics, this vast and expanding unstructured data has remained ‘dark data’ as some call it – the untapped bank of customer insight. This is set to change in 2018 – so watch out for that.

Omni-Channel 45

Omni-Channel Customer Journeys Chief Customer Officer NPS 45

Michel Falcon Experience

JULY 17, 2015

When you go to the grocery store and pay for your bananas and milk, the person at the till is giving you customer service. When you file your insurance papers for your car, you are receiving customer service. When you visit the bank, and the teller helps you pay your bills… customer service.

Industry 60

Industry eBook Employee Experience System 60

Michel Falcon Experience

FEBRUARY 11, 2019

I’m going to share what customer personality types are cause I do not believe you can deliver the same experience to every single customer the exact same way. That’s the furthest thing away from delivering a personalized experience, which gets away from earning true loyalty. The reward is profit.

Customer Experience 60

Customer Experience Customer Service Customers Hospitality 60

Wootric CX Blog

SEPTEMBER 18, 2019

Wootric’s mission is to help every business in the world make customer experience their competitive advantage with relevant and actionable insights from customers, prospects and employees. Wootric empowers the CX champion to evangelize a customer-centric mindset.

Customer Experience 40

Customer Experience Net Promoter Score Competitive Advantage Self Service 40