Experience Investigators by 360Connext

APRIL 23, 2024

Let’s explore customer experience management (CEM), its pivotal role in shaping customer lifetime value , and strategies for measuring the return on investment of CX initiatives. For instance, referred customers at a German bank were found to be 25% more profitable than those acquired through other channels.

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

Eptica

MARCH 28, 2018

Part of this is due to rising consumer expectations, but it is also due to a failure of VoC programs to deliver a real return on investment by driving significant changes in the business. One reason for this is a focus on using customer feedback from surveys to drive VoC programs, which gives an incomplete picture of consumer needs.

ROI 65

ROI Net Promoter Score Return on Investment Effort Score 65

Experience Investigators by 360Connext

FEBRUARY 9, 2021

Two thoughts come to mind: Customer experience can be tied to three areas of specific, tangible returns on investment. Investing in customer experience means creating ways for customers to STAY customers longer. Customer referrals lead to immediate returns. So… Is customer experience worth it?

Customer Experience 261

Customer Experience Effort Score Net Promoter Score Culture 261

Bizagi

JULY 8, 2020

These contributed to the bank being able to improve its net promoter score by an impressive 15%, demonstrating the power of a borrower-centric approach. Old Mutual saw customer point of contact resolution improved by 30% thanks to the holistic overview they gained of their customers.

Technology 52

Technology Net Promoter Score Financial Banking 52

InMoment XI

NOVEMBER 15, 2023

There are four common customer experience analytics metrics: Net Promoter Score (NPS) Net Promoter Score , or NPS, is a widely used metric to measure customer loyalty. Typically, it involves a survey question asking customers to rate their satisfaction on a scale.

Analytics 324

Analytics Customer Experience e-support Net Promoter Score 324

Pointillist

JULY 5, 2019

How to improve your return on investment in Medallia, Qualtrics, Clarabridge and Concentrix By Steve Offsey Most organizations that have implemented a voice of customer program are happily collecting and analyzing multiple forms of customer feedback. Have You Surveyed Your Customers Today? Here are two reasons why: 1.

Voice of Customer 45

Voice of Customer Net Promoter Score NPS ROI 45

Pointillist

NOVEMBER 18, 2021

A McKinsey survey found that organizations’ digital product experiences accelerated by four years and their digitally-enabled portfolios are now nearly a decade ahead of schedule. Customer journeys take the guesswork out of understanding the impact and return on investment on digital product initiatives. By Stephanie Ventura.

Customer Journeys 45

Customer Journeys Self Service Customer Experience How To 45