2020 Research

AUGUST 26, 2022

The Looming Economic Storm: How Consumer Banks Will Survive This Recession. Schlesinger Group surveyed more than 3,000 customers of the 20 leading financial institutions in the U.S. Should Consumer Banks Shift Their Perspective When Addressing Internal Challenges? Is Consumer Loyalty the Key to Survival for Consumer Banks? .

Banking 52

Banking Consumers Loyalty Innovation 52

Second to None

MARCH 2, 2021

Your brand experience is a multi-layered avenue that draws a connection between you and consumers — positively or negatively. You can, and should, use the brand experience as a frontline tool to turning consumers into customers — and loyal ones. How Do Consumers “Experience” a Brand? Customer effort. Social media

Consumers 109

Consumers Brands Customer Experience Social Media 109

Alida

APRIL 5, 2017

Combine the ubiquity of mobile devices and the power of gamification , and it’s no wonder consumers have fueled the explosion of mobile apps. From web traffic to social media, retail brands regularly squeeze out every bit of customer data possible. Encourage engagement and positive behaviors with tech-enabled rewards programs.

Retail 154

Retail Customer Base Strategy Rewards Programs 154

InMoment XI

JANUARY 4, 2024

It can be argued that the customer experience is more important in retail than any other industry. Why is the Retail Customer Experience Important The retail customer experience has become increasingly significant in the success and sustainability of any business operating in the modern marketplace.

Retail 260

Retail Customer Experience Effort Score Social Media 260

Second to None

SEPTEMBER 25, 2018

Any brand that hopes to connect with consumers is must reckon with the powerful nature of public scrutiny in the digital age. Consumer trust is a lucrative yet brittle aspect of any brand’s customer experience platform and the viral potential of negative public relations can instantly tarnish the public’s perception of your organization.

Consumers 109

Consumers Brands Social Media Voice of Customer 109

InMoment XI

FEBRUARY 9, 2024

At the same time, we’re seeing a massive shift in the way consumers want to browse and buy vehicles. Automotive brands need to understand customers’ needs and preferences, and then adapt accordingly, to deliver outstanding experiences that win and retain customers. Instead, many consumers do both. A survey from J.D.

Automotive 260

Automotive Customer Journeys Chatbots Ecommerce 260

Optimove

OCTOBER 20, 2022

With inflation continuing to run at 40-year high levels, consumers are more careful about getting the most out of their dwindling purchasing power. Any consumers with variable interest rate debt, such as a home equity line, have seen their monthly payments increase in line with the rising interest rates. Less confidence, less spending.

Customer relationships 52

Customer relationships Consumers Marketing Social Media 52

InMoment XI

NOVEMBER 28, 2022

The other reality is that consumers want to interact with a live person. According to CDP.com, 64% of consumers say access to live people would significantly improve customer experience. But how many customer-support experiences take only a few minutes? Factor #2: Time to Completion.

Customer Experience 493

Customer Experience Call Center First Call Resolution Chatbots 493

CSM Magazine

JANUARY 27, 2023

Automation of repetitive chores Automating repetitive work is one of technology’s most potential advantages for managing consumer businesses. Businesses may automate tedious processes like data entry, customer service, and inventory management using software and technology.

Consumers 52

Consumers Technology Management Self Service 52

SurveySparrow

APRIL 28, 2023

As a business owner or marketer, it’s essential to understand the psychology behind consumer buying behavior. Understanding consumer behavior is crucial for businesses to create effective marketing strategies that appeal to potential customers and lead to increased sales.

Consumers 52

Consumers Advertising Social Media Culture 52

InMoment XI

SEPTEMBER 20, 2023

By Simon Fraser, InMoment + Kirstin Simons, NPSx by Bain & Company NPSx by Bain & Company and InMoment recently released the State of CX: UK Consumer Trends Report , an in-depth analysis of customer perceptions on brand experiences across multiple industries.

Net Promoter Score 260

Net Promoter Score NPS Retail Trends 260

Qualtrics

NOVEMBER 16, 2021

Consumers want better experiences in 2022, and businesses are failing to respond – risking on average 9.5% Read on for top-level insights from our Global Consumer Trends 2022 report. We asked over 23,000 consumers across 23 countries about their experiences with brands in 2021, and what they’re looking for from businesses in 2022.

Trends 49

Trends Consumers Report Feedback 49

Alida

OCTOBER 18, 2021

The pandemic has sparked immense change in consumer behaviour trends and so it should come as no surprise that consumer needs and desires have also shifted. But have brands adapted alongside their customer base? According to over 5,000 global consumers, clearly not enough.

Trends 246

Trends Consumers Customers Customer Base 246

CSM Magazine

OCTOBER 4, 2022

The need to keep customers feeling supported and happy while ensuring they remain loyal remains a constant and critical goal for the banking sector. And nearly half of consumers over age 41 don’t receive fraud alerts because they don’t know they are available. Despite fraud and security being high on the agenda for U.S.

Banking 52

Banking Consumers Customer Experience Net Promoter Score 52

Comm100

NOVEMBER 15, 2022

There’s no doubt that telephone remains a stalwart customer service channel. Many consumers still prefer to call companies for support, particularly when the issue is complex or urgent. Firstly, the majority of consumers now want to connect with brands digitally. Grow customer base. Increase deal size. Next steps.

Omni-Channel 201

Omni-Channel Chatbots Social Media Software 201

NetBase

JULY 17, 2020

Differentiating your brand requires next level consumer understanding. Capturing consumer verbatims to see precisely what they love and hate. And we can identify where that consumer sentiment doesn’t necessarily overlap, and put strategies in place to get them to.” Personal Narrative Theme for Consumer Understanding.

Consumers 52

Consumers Analytics Social Media Analysis 52

NetBase

MARCH 20, 2020

Hotwire Global understands that consumers’ values should direct any high stakes crisis response, as do other online leaders with their ears to the ground. Crisis Management – Consumer Values Matter. Making Mistakes & Making It Right with Consumers. Nike Captures Consumer Values. Mind blown?

Consumers 56

Consumers Social Media Exercises Brands 56

NetBase

DECEMBER 13, 2019

Most potential consumers are scrolling through online content for a good portion of their day. Brands reaching these media-connected consumers have advanced social analytics informing strategic outreach decisions. Media-connected consumers are online overall an average of 6.5 Customer Experience is Everything.

Analytics 52

Analytics Consumers Connections Advertising 52

InMoment XI

MARCH 6, 2024

As hosts of this “party,” the company is responsible for ensuring that every aspect of the customer experience is enjoyable and satisfactory. It highlights the importance of online reputation management and the type of impact it has on customer experience. A brand is no longer what we tell the consumer it is.

Customer Experience 260

Customer Experience Social Media Customer Centricity Feedback 260

Lumoa

NOVEMBER 17, 2022

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

e-support Customer Experience Social Media Chatbots 208

CX University

APRIL 16, 2024

The Rise of the Conscious Consumer In today’s competitive business landscape, customer loyalty has become a critical factor for success. As consumers become increasingly discerning, the alignment between a company’s values and the personal values of its customers has emerged as a significant driver of loyalty.

Loyalty 52

Loyalty Brands Social Media Consumers 52

Lumoa

DECEMBER 19, 2023

Customer feedback is a precious resource for understanding what’s effective and what needs improvement. However, manually sifting through and evaluating this feedback can be incredibly time-consuming. Firstly, it is time-consuming and labor-intensive, making analyzing large volumes of data impractical.

Analysis 208

Analysis Social Media Trends Feedback 208

Second to None

SEPTEMBER 21, 2018

As consumer purchasing options widen, it becomes increasingly challenging for retail organizations to foster a brand identity that connects with evolving consumer expectations. Once you have collected enough information about the market-at-large, your brand can begin to adjust its experience to meet these evolving consumer desires.

Retail 54

Retail Consumers Brands Trends 54

Experience Investigators by 360Connext

APRIL 23, 2024

The landscape of consumer expectations is constantly evolving, and understanding the value of customer experience has emerged as a cornerstone for businesses aiming to sustain growth and maintain a competitive advantage. And they will be rewarded for that focus on the customer!

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

Confirmit

JULY 7, 2017

For business to consumer (B2C) organizations the customer experience can make or break your brand. Success therefore depends upon understanding where you are delighting – or failing – your customers, and making decisions to improve results.

eBook 40

eBook Consumers B2C Return on Investment 40

Win the Customer

AUGUST 9, 2016

This year, the number of people using a third-party, touch-based system to make payments on their smart devices will increase 150 percent, according to Deloitte Global. It seems consumers are quickly adapting to mobile payment systems in droves, but many companies have neglected to keep pace. Always Be Customer-Centric.

Consumers 52

Consumers Loyalty Programs Loyalty Retail 52

Confirmit

JULY 7, 2017

For business to consumer (B2C) organizations the customer experience can make or break your brand. Success therefore depends upon understanding where you are delighting – or failing – your customers, and making decisions to improve results.

eBook 40

eBook Consumers B2C Return on Investment 40

Currency Alliance

JUNE 11, 2019

A 2018 Collinson study reported that 66% of financial services professionals say their bank “does not understand why customers are loyal or have a strategy to strengthen customer relationships”[i]. In 2000, UK consumer bank Halifax launched a fairly successful marketing slogan: the people that give you extra [iv]. Extra what?

Banking 40

Banking Loyalty Consumers Loyalty Programs 40

Comm100

NOVEMBER 15, 2022

The importance of customer service cannot be understated. It is the third highest reason why consumers switch brands , only sitting behind better deals and superior product quality. A positive customer service experience makes 94% of consumers more likely to purchase. Speed to meet customers’ expectations.

Strategy 131

Strategy Omni-Channel Contact Center Chatbots 131

Interactions

APRIL 26, 2024

And with an endless variety of choices and never enough time, consumers will quickly move on if a business doesn’t provide frictionless, memorable, respectful, and — above all — human-centered customer service experiences. 3: Every interaction treats customers like a unique person, not a number. It doesn’t have to be this way.

Interaction 62

Interaction Strategy Self Service Technology 62

Optimove

DECEMBER 19, 2023

Take your customer segmentation to the next level with our advanced guide Download Now Why it Matters: Having a good email segmentation strategy is instrumental in increasing consumer engagement, ultimately leading to higher conversion rates.

Strategy 59

Strategy e-support Lifetime Customer Retail 59

Interactions

JUNE 8, 2023

Customer service has evolved from being a mere supplementary feature offered by businesses to a vital aspect in fostering enduring relationships with consumers in the competitive market landscape. Ensuring a seamless omnichannel experience also plays a role in providing top-notch customer service.

Customer Service 62

Customer Service Exceptional Customer Service Omni-Channel Customer Service Representative 62

BirdEye

NOVEMBER 15, 2023

These reviews are prominently displayed on your Facebook Page, and they provide valuable social proof that potential customers often seek before making purchasing decisions. The platform offers a free version which allows businesses to claim their profile, respond to reviews, and get a basic understanding of customer feedback.

Retail 109

Retail Brands Consumers Case Study 109

Pink Guava

APRIL 18, 2019

15-20% of your consumers are innovators / adopters – This is a very important section that one need to engage with, especially in product engineering, beta and soft launch. These are the consumers who are always ready to try new things once they are convinced on the fact that what need the product serves and why they should be using it.

Customer Journeys 40

Customer Journeys Customer Base Customer Experience How To 40

BirdEye

NOVEMBER 9, 2023

What sets Clearsurance apart is its commitment to transparency and its user-friendly interface that encourages interactions among consumers. It enables consumers to rate their insurers using a five-star scale while also providing them with an opportunity to offer in-depth feedback about their experiences.

Insurance 109

Insurance Financial Feedback Consumers 109

Totango

JULY 29, 2022

In order to ensure renewals and maximize upsell opportunities, it’s important to consistently provide value throughout the entire customer journey. Let’s take a look at how you can more effectively expand your customer base through proactively pursuing renewal and upsell opportunities. Customer Expansion at its Core .

Strategy 112

Strategy Metrics Customers Consumers 112

Horizon CX

DECEMBER 1, 2023

Strategic Milestone: Apple’s success in customer experience contributes to its strategic milestone of brand loyalty. The company has consistently introduced innovative products, such as the iPhone, iPad, and MacBook, that not only meet but often exceed customer expectations.

Customer Centricity 130

Customer Centricity Customer Journeys Automotive Fashion 130