Remove Customer Retention Remove Handbook Remove ROI
article thumbnail

Is it Time to Do Away with Market Research Departments?

C3Centricity

A more recent study by BCG and GRBN resulted in an Invest in Insights Handbook to help organisations report on the ROI of the insights function. They found that those who measure their ROI have found a seat at the decision table, increased budgets, and more control. Pricing, value perceptions and CLV (Customer Lifetime Value).

Handbook 275
article thumbnail

Unlocking Customer Experience Insights: Strategies for Better Satisfaction

Thematic

In fact, customer-obsessed organizations report 51% better customer retention than those that are not. Those that fail to adapt risk falling behind, while those that embrace customer experience insights and AI-powered tools gain a competitive edge. How do businesses measure the ROI of customer experience improvements?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

An Easy Guide on How to Use Data-Driven Customer Insights for Smarter Business Decisions

Thematic

For customer experience teams, KPIs like customer satisfaction score (CSAT) , net promoter score (NPS) , and customer effort score (CES) help quantify how well you’re meeting customer needs. Companies that use AI-driven customer insights don’t simply react faster—they stay ahead of the curve.

article thumbnail

7 Ways to Prioritize CX Investment Using Thematic and Critical Feedback Points

Thematic

Organizations that act on feedback—not just collect it—see better retention, higher CSAT, and more ROI. Download VoC Handbook Our free guide to shopping for a feedback analytics solution Cut through marketing noise and be sure you are asking the right questions in sales calls and demos. Let their voices lead.

article thumbnail

The Best Customer Insights Platforms for Smarter Decision-Making

Thematic

Zendesk backs this with numbers, with trendsetters at the SMB level vs traditionalists realizing 22% higher customer retention rates, 31% higher customer acquisition rates, and 61% higher cross-sell revenue Early AI adopters are found to be 128% more likely to report high ROI from their AI tools in customer experience.

article thumbnail

Why Customer Service is Important to Businesses: Top 5 Reasons

ProProfs Chat

To make customer service worse, British Airways replied something straight out of things that you should never say on “Twitter handbook” . This reply from the airline operator raises the question – “why its customer service was available on Twitter only for limited hours, while the airline operated 24/7?”.

article thumbnail

Creating a Voice of Customer Strategy: 8 Clear Steps

Thematic

Understanding the true voice of your customers can be the difference between standing out or getting lost in the crowd. Research by the Aberdeen Group found that companies with a high-quality VoC strategy saw almost 10 times annual revenue growth due to higher customer retention.