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How to Prove the ROI of Customer Satisfaction (CSAT)

GetFeedback

And understanding, leveraging and acting on CSAT scores can absolutely help you get there. It costs five times more to sell to a new customer than to sell to a happy one. Start with measuring your CSAT score as outlined by GetFeedback. Start with measuring your CSAT score as outlined by GetFeedback. First things first.

ROI 195
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Loyalty programs: should you issue your own points or miles?

Currency Alliance

Plus, many types of points are widely appreciated by customers, and are useful to the brand for scoring different customer actions while influencing behavior. This upsets customers, and is likely to make your brand the ‘bad guy’ in the press and on social media if the restrictions ultimately devalue the points/miles.

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Next-Generation Loyalty Marketing (for experts)

Currency Alliance

Loyalty programs must evolve to keep customers engaged. Points are just an excuse to start a dialog with customers, keep score, and enable an economy based on an incentives currency. It doesn’t matter what type of business you have, you won’t survive without a significant portion of your customers remaining loyal.

Loyalty 98
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Make Your Voice of Customer Program Actionable

Pointillist

But after an initial burst of excitement from obtaining real customer feedback, your CEO wants to know what’s driving the low scores and negative responses. And before even considering your request for increased resources, your CFO wants you to show the ROI of your customer experience initiatives.

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Loyalty for CEOs: how to add enterprise value to your loyalty program

Currency Alliance

In my opinion, if someone believes they have reached ‘best practice’, then they typically stop thinking about how to create more value for all stakeholders, and simply allow inertia to drive their customer engagement efforts. If you get either of these dimensions wrong, no amount of points will make customers loyal.

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8 Insightful Customer Journey Analytics Examples and Use Cases

Pointillist

Customer Journey Analytics Example #2: Measure and Improve CX Customer experience, analytics and marketing professionals across industries report that measuring CX is one of the top five biggest challenges encountered today. The team estimates that rolling out the new automated system to all customers could save $14.1M

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Free your mind: Voice of Customer

OpinionLab

But if your approach is to merely review what people are saying on your site, you’ll most likely fall into one of the following mindsets: We don’t get enough feedback on the site to be representative of our customer base. I don’t know what a satisfaction score means or how I can affect that positively.