Tue.Nov 01, 2022

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Improving Customer Experience in Banking: 7 Promising Trends

PeopleMetrics

Customers evaluate the businesses they interact with everyday on a variety of factors, including price, quality, and the overall customer experience. Creating a positive customer experience (CX) is for all types of businesses, including essential services like banking. Picture this: a customer who just bought a new high-end phone might get annoyed navigating a website they feel has a poor online shopping experience.

Banking 62
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Employee engagement surveys: How employees see surveys

Alida

Your people are the heart and soul of your company. When employee engagement is high, the whole team benefits—and so do your customers.

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Amazing Business Radio: Tim Hughes

ShepHyken

Serve and Sell Your Customers with An Amazing Digital CX. Creating the Digital Experience That Builds Trust with Your Customers. Shep Hyken interviews Tim Hughes, co-Founder and CEO of DLA Ignite , and co-author of Social Selling: Techniques to Influence Buyers and Changemakers. He shares how organizations can establish a strong digital brand identity, share knowledge, and create lasting relationships with their customers through social media platforms.

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Ways to Measure Customer Service Performance

Zonka Feedback

There has been a massive shift in the way Customer Service functions in this day and age. For organizations, it’s not just about providing support to the customers and serving them in general but it is about retaining them for a long period of time and ensuring that they remain loyal. Why? Well, it’s no hidden fact that it is 5 times more expensive to get new customers than to retain existing ones.

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The Ultimate Guide to Monetizing Customer Learning

Every decision that goes into your learning monetization strategy matters for your organization’s bottom line. Our research has shown a clear correlation between high program maturity (and ROI!) and choosing the right monetization strategy. This eBook contains clear, actionable ways to approach packaging and pricing models that will help your association grow revenue, improve profitability, and drive expansion into new markets.

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Website Content Examples

DemandJump

Is your website driving your business outcomes—or is it just along for the ride? When done well, website content can be one of the most essential parts of achieving your marketing objectives, improving conversions, and communicating with new or potential customers. Of course, not all sites are created equally. With roughly 1.88 billion websites online, your business likely has some steep competition.

More Trending

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Move Amazon SageMaker Autopilot ML models from experimentation to production using Amazon SageMaker Pipelines

AWS Machine Learning

Amazon SageMaker Autopilot automatically builds, trains, and tunes the best custom machine learning (ML) models based on your data. It’s an automated machine learning (AutoML) solution that eliminates the heavy lifting of handwritten ML models that requires ML expertise. Data scientists need to only provide a tabular dataset and select the target column to predict, and Autopilot automatically infers the problem type, performs data preprocessing and feature engineering, selects the algorithms and

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Why Your Contact Center Needs A Remote Work Policy?

Playvox

If your contact center is like most, you probably have a robust set of guidelines that document your procedures, detail your standards, and outline how employees should handle various situations. But one thing many contact centers are missing is a remote work company policy. In our 2022 remote work study , we found that nearly all the respondents were offering hybrid or remote work arrangements, but only 34% had a policy in place to govern it.

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Customer Journey Map: Tips for Using This Tool for Your Advantage

Helpware

Customers are the greatest, most indispensable aspect of any company. It doesn’t matter how big you are or how promising your product is—without them, you cease to exist. So, you must understand your customers, their needs and desires, as well as their decision-making processes to optimally cater to them. All of this begins with crafting a customer journey map.

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Secrets Behind Discover’s Award-Winning Digital Experience

Blake Morgan

? ? ? ? ? ? ? ? ? ? ? ? ?. In the competitive financial services industry, delivering convenient, customer-centric solutions can be a significant competitive advantage. And that’s exactly the case for Discover, which ranked highest in customer satisfaction for a credit card mobile app and website by J.D. Power. Shaida Lynch, SVP, eBusiness, says one driver of Discover’s high customer satisfaction was pivoting the app from being product-centric to customer-centric.

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Reimagine Your Communications With A Unified Platform

Cut complexity and boost efficiency while empowering your customers with Nextiva's unified communications platform. Nextiva streamlines workflows and centralizes customer interactions, all while simplifying business collaboration, increasing productivity, and reducing employee burnout.

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CX job of the week: British Heart Foundation

My Customer

Looking for your next step in the world of customer experience? Every week, MyCustomer scours the internet to find the latest CX job. 2nd Nov 2022. By Rhys Fisher Staff Writer.

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Ways to Measure Customer Service Performance

Zonka Feedback

There has been a massive shift in the way Customer Service functions in this day and age. For organizations, it’s not just about providing support to the customers and serving them in general but it is about retaining them for a long period of time and ensuring that they remain loyal. Why? Well, it’s no hidden fact that it is 5 times more expensive to get new customers than to retain existing ones.

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Use essentialism to define your priorities in a downturn

West Monroe

When you look at it in the simplest way possible, humans need three essentials (in some combination) to survive: food, water, and air. You can survive a few weeks without food and a few days without water. But you’ll only last a few minutes without air. Our survival instincts, honed through tens of thousands of years of evolution, will always prioritize these three essentials above anything else.

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A Step-by-Step Guide for a Successful Qualitative Interview

2020 Research

Key Takeaways: . Qualitative interviews provide in-depth insights from individual respondents, and are useful when follow-up or clarification is needed. Clarity of objectives and audience is essential to gathering actionable insights from your qualitative research project. Build a strong researcher-respondent relationship to elicit honest and engaged responses.

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11 Tips to Drive Learning Content Consumption

Unlock the full potential of your educational initiatives with the 11 Tips to Drive Learning Content Consumption eBook. You’ll uncover: Why measure content consumption rather than (or in addition to) completion rates and member satisfaction? What are some proven tactics to create quality learner content and raise your content consumption rates? Discover the secrets from leading experts in the field, distilled into practical tips that promise to elevate the quality of your educational offerings,

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Segmentation in banking: Identify your most valuable customers to maintain growth

West Monroe

Even the most optimistic outlook on today’s economic environment is uncertain at best. Interest rates are climbing, loan demand has slowed, and talks of a recession mount. What’s more, the tidal wave of change in customer demographics and the long-awaited generational wealth transfer has arrived. Banks, in response, have been working diligently to map out a new customer experience, balance digital and traditional methods, and meet and service customers where they need it.

Banking 52
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Zenarate Releases 2022 CX Leaders Trends & Insights, Consumer Edition Report with Execs In The Know

CSM Magazine

Zenarate , the leading Simulation Training solution, today announced the release of the Consumer Edition of the 2022 CX Leaders Trends & Insights report. Zenarate partnered with Execs In The Know to gather current consumer preferences and perceptions related to customer service and customer experience channels. CX leaders can use the report to better understand what consumers value most, where to focus their agent training efforts, and how to win over customers and prospects.

Trends 52
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Will the economic downturn spark a new and better era of SaaS?

Gainsight

This article was originally published in Built In. . Previous tough times have improved SaaS. This time, it shouldn’t be any different. If you’re my age (or older), you probably remember exactly where you were and how you felt when the last Great Recession hit in 2008. The fear. The uncertainty. The string of bankruptcies. The relentless checking of your investment accounts.

B2B 52
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4 Tricks for Cutting Your Business Expenses

CSM Magazine

We all know that running a business can be quite taxing on your company’s budget. From office supplies and rent to employee salaries and benefits, there are a lot of costs that can quickly add up. One of the most important aspects of running a business is knowing how to cut expenses. After all, the more money you can save, the more money you can invest in other useful business aspects.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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November Atlas Highlights 2022

Lithium

Here’s the Atlas content you do not want to miss! Some blog areas are limited to Khoros customers only. If you are a customer and unable to access anything, click the chat bubble (bottom right) and type Customer Access. Khoros + SearchUnify Partnership Combining the power of Khoros’s enterprise-grade communities software and SearchUnify’s AI-driven enterprise search solution to increase community engagement, improve customer satisfaction, and further reduce support costs.

Roadmap 52
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CX 101: What Is a Cluster Analysis? 

InMoment XI

Math and numbers are the ultimate in ‘exact science.’ When we work within the confines of mathematics, we can expect absolute precision in our results. In data analysis terms, this can be a real advantage, giving us clear, definite numbers on which to base future decisions. Unfortunately, sometimes the real world being represented by the data is anything but exact.

Analysis 529
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Managing Customer Expectations: Your Keys to Success

ReviewTrackers

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APAC Predictions 2023: Technology

Forrester's Customer Insights

As economic concerns spread in the APAC region, technology leaders will have to make some bold calls. Read our top technology predictions for APAC to help inform your 2023 planning.

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10 Questions to Ask Before Buying an LMS

Find your perfect LMS. Choosing the right Learning Management System (LMS) is crucial for your business's success. With so many options available in the market, how do you ensure you make the best choice? This guide is your key to finding the ideal enterprise learning platform for your business. Compiled by industry experts, these questions will help to clarify your needs, prioritize your most essential features, and guide you through the evaluation process.

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Automated exploratory data analysis and model operationalization framework with a human in the loop

AWS Machine Learning

Identifying, collecting, and transforming data is the foundation for machine learning (ML). According to a Forbes survey , there is widespread consensus among ML practitioners that data preparation accounts for approximately 80% of the time spent in developing a viable ML model. In addition, many of our customers face several challenges during the model operationalization phase to accelerate the journey from model conceptualization to productionization.

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Leveling Up Enablement Best Practices

Forrester's Customer Insights

Every so often, it’s helpful to test your accepted categories, truisms, and maxims to ensure that they hold up to time, technology advances, and changing buyers. In 2022, I had the good fortune to collaborate with some of Forrester’s best and brightest analysts, and the result in each case was a challenge to my own […].

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Qualtrics Announces Consumer Trends That Will Shape 2023

CSM Magazine

Consumers are increasingly seeking a human connection in their interactions with brands, according to Qualtrics 2023 Global Consumer Trends Report. In fact, talking to a helpful, empathetic service agent matters more to customers than having a short wait time. Qualtrics XM Institute surveyed more than 33,000 consumers across 29 countries to understand what is driving the current consumer mindset as the economy pushes people to make tough decisions on where and how they spend their money.

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CX Commitment Checklist: Help Your Executives Face Reality

Forrester's Customer Insights

Amidst a flurry of C-level leaders declaring that their organizations are currently or are becoming customer centric, customer experience (CX) leaders face their biggest battle yet: Making leaders in their organization aware of the damaging shadow they cast on efforts to become more customer obsessed. My colleague Richard Sheahan and I often talk to CX […].

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Navigating the Future: Unveiling Trends and Bold Predictions in Customer Experience

Ready to explore 2024’s CX landscape? Join experts from SMG and guest Forrester as they discuss prominent trends actively shaping the industry and dive into a stack of bold predictions for the year ahead. Will the average customer experience improve? How can leaders leverage their CX metrics to establish financial linkage? What will global firms achieve using customer-facing generative AI?

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How to Achieve Customer Engagement with Call Center Technologies?

NobelBiz

While there is no single, all-encompassing definition of customer engagement, it can be thought of as the intensity feeling a customer has for a certain brand. For call centers, customer engagement is a proxy for the quality of the relationship between their business and its client. What are the most effective call center technologies for increasing customer engagement?

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APAC Predictions 2023: Cybersecurity And Risk

Forrester's Customer Insights

In 2023, APAC firms that prioritize internal security and risk cultural practices to deal with external forces will fare the best. Learn more in our 2023 predictions for cybersecurity and risk in APAC.

Culture 26
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Final World Cup Tips to Rev Up Your Mobile Marketing Game

Optimove

The World Cup is Kicking off during one of the busiest periods in the year’s marketing calendar where everyone is on the move. With Black Friday, Cyber Monday, and dare we mention another ‘C’-word… yep, Christmas! – this month’s World Cup presents mobile marketers with even more opportunity to reach an audience already highly engaged and ready to enjoy promotions that “savvy” brands are lining up.

Tips 52