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A to Z Guide to Customer Experience Definitions and Terms (Updated)

Lumoa

Our A to Z Guide to Customer Experience Definitions and Terms covers everything you need to know, from clear definitions of key terms to a comprehensive overview of the topic. Customer churn is a critical metric because it is much less expensive to retain existing customers than it is to acquire new customers.

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What Is Sentiment Analysis? Definition, Types, Importance, and More

InMoment XI

This approach to sentiment analysis breaks down silos and connects data from various sources, applying an AI-based adaptive sentiment engine capable of closely analyzing customer messages to identify trends and themes over time. Smart Text Analytics. Smart text analytics can help you gain vital insights from unstructured feedback.

Analysis 493
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The Definitive Guide to Creating a Standout Customer Experience Strategy

Lumoa

Before developing a customer experience strategy, you need to identify the metrics against which you will measure your performance. Key Metrics There are many metrics that can be used to measure the level of customer service and the quality of the customer experience. You also need to engage with real customers in the market.

Strategy 208
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Is the Net Promoter Score Metric Outdated?

Retently

That makes the Net Promoter Score, as of 2023, 20 years old — an eternity for a customer success metric in the fast-paced world of technology. After all, you’re in the “customer satisfaction bubble” — an awareness of customer satisfaction metrics and tools you’ve gained from using them frequently.

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The Definitive Guide to Creating a Standout Customer Experience Strategy Template

Lumoa

Before developing a customer experience strategy, you need to identify the metrics against which you will measure your performance. Key Metrics There are many metrics that can be used to measure the level of customer service and the quality of the customer experience. You also need to engage with real customers in the market.

Strategy 208
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The Definition of Predictive Analytics in 2019

CloudCherry

The definition of predictive analytics is made of up of few different pieces: correlation analysis, which includes customer sentiment and impact analysis; and causal analysis, which includes path analysis. We used path analysis and a structural equation model, which are causal models, to untangle the connections between experience drivers.

Analytics 221
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Not Just Another Blog Post on How to Improve Customer Experience

InMoment XI

Before we dive in, I feel that a quick definition of integrated CX—from our perspective—is a good place to start. Now that we have done a bit of definition, how can you take this integrated CX approach and put it into action at your company? What is Integrated CX? Human insight, analysis, and creativity remain indispensable.