Thu.Jun 20, 2024

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Effective Bank Customer Retention Strategies

Genroe

Discover effective bank customer retention strategies tailored to each stage of the customer life-cycle. Learn how to leverage customer feedback and personalization to keep your banking customers engaged, loyal, and satisfied. Explore the secrets of successful customer retention in the competitive world of banking. The post Effective Bank Customer Retention Strategies appeared first on Genroe | Customer Experience | Net Promoter Score.

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Decoding Surge Pricing: Will Customers Embrace or Reject It?

Beyond Philosophy

Learn more about Colin Shaw : Join over 80,000 people on our LinkedIn Newsletter list or visit our website for more great podcast episodes. Listen to the podcast: Surge pricing is a form of dynamic pricing. However, sometimes customers don’t see it this way. Depending on your perspective, surge pricing can feel like price discrimination. Surge Pricing takes advantage of peak demand.

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Connect to Amazon services using AWS PrivateLink in Amazon SageMaker

AWS Machine Learning

AWS customers that implement secure development environments often have to restrict outbound and inbound internet traffic. This becomes increasingly important with artificial intelligence (AI) development because of the data assets that need to be protected. Transmitting data across the internet is not secure enough for highly sensitive data. Therefore, accessing AWS services without leaving the AWS network can be a secure workflow.

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Going above and beyond is voluntary

Customer Enthusiast

For many years, I’ve gone on record saying that the reason you and I, as customers, consistently receive predictably poor customer service is because exceptional customer service is voluntary; employees don’t have to deliver it, and most don’t. It’s true.

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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, and Terrence Sheflin

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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Integrating NPS and EVI for Holistic Feedback

Feedbackly

Net Promoter Score (NPS) is one of the most popular CX metrics used for gathering feedback and gauging customer loyalty. But, understanding customers, especially the empowered customers we deal with at present, requires a comprehensive feedback collection strategy that taps into all the factors that affect a consumer’s purchasing decision. While NPS is an effective KPI and can help businesses improve their customer retention rates, it only measures the advocacy aspect of customer loyalty.

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Cultivating Emotional Intelligence in Your Workplace | AmplifAI

Amplifai Coaching Category

(EQ) is the key to better workplace relationships, enhanced problem-solving, and improved customer interactions. Learn how to cultivate EQ within your organization, measure its impact, and leverage the insights from our "EQ in Your HQ" webinar to create a more emotionally aware and successful workplace.

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RG&E Introduces ‘Ava’ the AI Energy Customer Service Assistant

CSM Magazine

In a bid to enhance customer service efficiency and address longstanding issues, Rochester Gas and Electric (RG&E) has recently taken significant steps towards improving its customer communication strategies. Facing challenges with billing systems and customer service, RG&E has made headlines by hiring hundreds of new customer service agents and launching an artificial intelligence pilot program named Ava.

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Digital Health Council: Optimizing digital tools to empower healthcare providers

West Monroe

West Monroe’s Digital Health Council (DHC) is comprised of healthcare industry leaders from across the country that meet quarterly to share perspectives on industry issues. They recently gathered for a roundtable discussion on digital transformation, sharing insights on critical focus areas that could help reshape leaders' strategies when navigating and integrating digital technologies.

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Diving Deep into How an SMSF Financial Advisor Can Work with You

CSM Magazine

Self-Managed Superannuation Funds (SMSFs) have become increasingly popular among Australians seeking greater control over their retirement savings. The allure of SMSFs lies in their flexibility, investment options, and potential for cost savings. However, managing an SMSF is not a task to be taken lightly. It requires a deep understanding of regulatory requirements, investment strategies, and administrative responsibilities.

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HR Meets AI: The New Way of Keeping Large Workforces Connected and Engaged

Speaker: Miriam Connaughton and Donald Knight

As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.

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It’s Time For A Revenue Process Transformation

Forrester's Customer Insights

Buyers are in control of the revenue process — and B2B marketing, sales, and customer success teams need to align their approaches with that reality. Discover the Forrester Opportunity Lifecycle and how it can drive durable, long-term revenue growth.

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The Future of Live Betting in the Age of Big Data

CSM Magazine

Live betting has become one of the most popular types of online wagering worldwide. This is unsurprising, as millions of people follow sports globally, and with the ability to enhance the enjoyment that can be obtained by potentially earning a little money alongside it, it’s an activity that many have looked toward. Technology has made the activity more accessible than ever, as players can access their favorite sports and wager on them using portable devices.

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Automation Builders, Beware! Don’t Repeat The RPA Mistakes With Agentic Automation

Forrester's Customer Insights

Generative AI (GenAI) is an enabler for more automation — and is now getting embedded in many software vendors’ platforms with different names and labels such as AI agents, AI-led micro-automations, and autonomous workplace assistants (AWAs).

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Sabre Hospitality Launches SynXis Concierge.AI

CSM Magazine

Sabre Hospitality, a division of global software and technology firm Sabre Corporation, is primed to unveil an AI powered ‘concierge’ at HITEC Charlotte in the USA. The company says SynXis’ Concierge.AI uses advanced Generative AI to help hotels provide exceptional customer service. This introduction to Generative AI is a first for Sabre Hospitality, with an aim to extend the reach of customer service beyond conventional support agent abilities.

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

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How Brands Can Use Value to Build Deeper Customer Connections and Drive Lasting Loyalty

Strativity

The post How Brands Can Use Value to Build Deeper Customer Connections and Drive Lasting Loyalty appeared first on Material.

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The AI Revolution: Microsoft’s Impact on Customer Service Call Centers

CSM Magazine

Get ready for a game-changer in customer service call centers: Microsoft is about to launch a suite of AI-powered tools that leverages its expertise in AI. Copilot, already capable of summarizing emails and creating PowerPoint slides, will now assist in call centers, competing with industry players like Salesforce.com and Zoom. Microsoft’s AI tools aim to respond to customer queries with pinpoint accuracy by digging deep into company help manuals and serving up expert answers that save tim

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The 11 Best Help Desk Ticketing Systems for 2024

Help Scout

Discover the top 11 help desk ticketing systems for 2024. Find the perfect solution to streamline your workflow, enhance collaboration, and boost customer satisfaction.

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Customer Service in the Face of the Cost of Living Crisis

CSM Magazine

With the cost of living increasing, companies are facing a double whammy: not only are they struggling to keep up with rising expenses, but they’re also expected to maintain exceptional customer service. As prices surge, consumers feel the pinch, and companies are no exception – they’re fighting to maintain quality while juggling skyrocketing operational costs.

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The State of Digital Customer Experience Report 2024

This comprehensive report explores the evolving landscape of customer and business expectations, with five key trends that will help you understand your customers and stay ahead of the competition. Discover how your peers are implementing AI to improve customer experience with granular insights into their CX investments and specific AI use cases. For the first time, customers prefer digital channels when interacting with a business.

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How to Become a Social Media Manager: A Quick Guide to Success

Brandwatch CX

Learn essential skills, tools, and strategies to become a successful social media manager.

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Evolving Player Journeys: Mastering VIP Management and Consultative Support

5CA

The post Evolving Player Journeys: Mastering VIP Management and Consultative Support appeared first on 5CA.

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Social Media Management Tools for Agencies: Top Picks and Essential Features

Brandwatch CX

Discover the best social media management tools for agencies in 2024.

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That’s A Wrap For CX Summit North America. Now, The Hard Work Begins.

Forrester's Customer Insights

CX Summit North America left us with much to think about — and much to put into motion in our organizations. Here are a few parting thoughts from Nashville.

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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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Evaluate the reliability of Retrieval Augmented Generation applications using Amazon Bedrock

AWS Machine Learning

Retrieval Augmented Generation (RAG) is a technique that enhances large language models (LLMs) by incorporating external knowledge sources. It allows LLMs to reference authoritative knowledge bases or internal repositories before generating responses, producing output tailored to specific domains or contexts while providing relevance, accuracy, and efficiency.

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Best 10 Anonymous Feedback Tools For Secure Data Collection

SurveySparrow

Anonymous surveys have a whopping 90% response rate compared to transparent ones. This number speaks volumes about privacy preferences when it comes to feedback. Come to think of it, wouldn’t you hesitate, at least for a moment, when you know your name will get recorded? This is why you should use anonymous feedback tools for everyone’s better interest.

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Create natural conversations with Amazon Lex QnAIntent and Knowledge Bases for Amazon Bedrock

AWS Machine Learning

Customer service organizations today face an immense opportunity. As customer expectations grow, brands have a chance to creatively apply new innovations to transform the customer experience. Although meeting rising customer demands poses challenges, the latest breakthroughs in conversational artificial intelligence (AI) empowers companies to meet these expectations.

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5 practical ways to embed Google reviews on your WordPress website

BirdEye

Imagine you’re a potential client, hunting for a reliable marketing agency. You land on two websites: one with generic claims and another boasting positive reviews from past clients. Which one inspires more confidence? The latter, right? That’s Online reviews hold immense power, and a recent Birdeye survey of over 150,000 businesses confirms it – online reviews are booming, with a 5% jump in just a year!

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The AI Superhero Approach to Product Management

Speaker: Conrado Morlan

In this engaging and witty talk, industry expert Conrado Morlan will explore how artificial intelligence can transform the daily tasks of product managers into streamlined, efficient processes. Using the lens of a superhero narrative, he’ll uncover how AI can be the ultimate sidekick, aiding in data management and reporting, enhancing productivity, and boosting innovation.

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Imperva optimizes SQL generation from natural language using Amazon Bedrock

AWS Machine Learning

This is a guest post co-written with Ori Nakar from Imperva. Imperva Cloud WAF protects hundreds of thousands of websites against cyber threats and blocks billions of security events every day. Counters and insights based on security events are calculated daily and used by users from multiple departments. Millions of counters are added daily, together with 20 million insights updated daily to spot threat patterns.

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