Mon.Jul 29, 2019

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Excellent CX Eludes Most Brands

Think Customers

New research from Forrester finds that the quality of customer experiences is largely at a standstill. Forrester’s 5th annual U.S. Customer Experience Index report found that the overall quality of the U.S. customer experience grew only by an anemic 0.4 points, to 70.2 from 2018 to 2019. According to the report, 81 percent of customer experience stayed the same, while only 14 percent of customer experiences improved, and 5 percent declined.

Brands 40
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Top Reasons Your Customers Might Leave Your Business

Ecrion

The average business loses between 10-25% of their customers every year. While thriving and evolving companies are able to attract new leads to replace normal losses, few focus on understanding why customers leave in the first place. Plus, as it’s roughly five times more expensive to get a new customer than to keep an existing one, this constant cycle can seriously eat into your company’s profits.

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How to Take Survey Feedback and Build an Actionable Plan

GetFeedback

Collecting survey feedback from your customers is easier now than it has ever been before. Survey tools can help you to aggregate valuable information through email, chat, social media, and more. But while collecting survey feedback is simple, the real value is in actioning that feedback. Having a consistent process to assess and assign action owners is not always a simple task. .

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5 Top Customer Service Articles for the Week of July 29, 2019

ShepHyken

Each week I read a number of customer service and customer experience articles from various resources. Here are my top five picks from last week. I have added my comment about each article and would like to hear what you think too. Your company has a vision: Why can’t everyone see it? by Knowledge@Wharton. (RetailWire) Presented here for discussion is a summary of a current article published with permission from Knowledge@Wharton, the online research and business analysis journal of the Wharton

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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How to Take Survey Feedback and Build an Actionable Plan

GetFeedback

How integrating a survey feedback action plan into your processes will help improve your products and services, and show your customers you genuinely care.

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More Trending

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Hashtags and More for Successful Back-To-School Campaigns

NetBase

Updated July 2019. It’s back-to-school time and brands are doing all they can to capture consumers’ attention. Sales during this period can act as an early indicator of upcoming holiday potential, so doing well here is essential. We used our Next Generation AI-powered analytics to learn what retailers should steer clear of, and what they can use to their advantage.

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3 Things I Know For Sure Motivate Customer Service Employees

Myra Golden

We all go through times when we’re not feeling the whole work thing. The mere thought of work brings on dread, we mop ourselves into the office later and later, and our eyes are rolled to the back of our head more often than not. These are all signs that we’re burned out or morale is very low. If you’re a supervisor or manager and you see signs of work exhaustion in your people, you need to act fast, or you might lose your people to burnout, or another job.

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CSM from the Trenches: Mentors – Ashley Correll, Chief Operating Officer, Beyond Insurance

ClientSuccess

Welcome to our blog series CSM from the Trenches, a community for frontline Customer Success Managers (CSMs) that discusses trends, best practices, and advice for the frontline. Being on the CSM frontline allows us to directly influence the success of our clients. I love that; as our clients are successful, we’re successful. Each day we learn from the trenches what it takes to make clients happy and successful.

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The Times They Are a-Changing: Talent in the Contact Center Part 1: Setting the Stage

SaleMove

This is the first installment of a blog series that examines the trends driving the transformation, reviews how people work in today’s contact center, and explores what you should do now to staff the contact center of tomorrow. Start Swimming “You better start swimmin’ or you’ll sink like a stone.” If customer service is part […]. The post The Times They Are a-Changing: Talent in the Contact Center Part 1: Setting the Stage appeared first on Glia Blog | Digital Customer Service

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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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How We Use a Paywall to Increase Free Trial Conversions

Gainsight

So your free trial period is up… what happens next? Earlier this quarter we introduced the option to evaluate our Gainsight PX offering by starting a 15-day free trial. A huge driver for our free trial was feedback from our prospects and customers. They preferred to evaluate software by trying it themselves before buying it. This is on point with industry trends—free trial experiences are the second most effective way to gain customer trust —so we set out to deliver the best experience possible.

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LiveChat for Managers: Features You Simply Can’t Miss

LiveChat

Many awesome products we use have plenty of features which sometimes we don’t realize. Just recently I found out that if we mistype a digit in an iPhone calculator, there’s no need to cancel with “C” or “AC” and start all over again. Swiping left or right at the top of the screen removes the last number we entered. I’m sure you also have those Eureka moments with different products you use.

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Does Your Field Service Business Need an Overhaul? Answer These 7 Questions.

Oracle

Is your field service organization living up to its full potential? According to a WBR Digital survey , industry leaders rank capabilities from process automation to technician interpersonal skills as critical to their businesses. From the customer’s point of view, as previously observed , the amount of time that a customer will wait for a field service technician before the relationship goes sour depends on a few factors, including the value they place on the appointment, transparency and

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Are Outdated Core Applications Holding You Back?

Forrester's Customer Insights

You’ve been building flashy mobile apps, creating wonderful systems of engagement to improve customer experience, but your digital program still has not delivered. Why? Because you’ve neglected the modernization of your core systems. Customer journeys rely on hundreds of processes supported by back-end core systems such as customer relationship management, enterprise resource planning, revenue management, […].

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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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How can BPOs Use Coaching for Consistency

Playvox

Back-office processes (accounting, IT, quality assurance, customer support etc.) are all vital elements of running a successful operation, yet workforces may struggle to handle them in-house.

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Amazon Has “Destroyed the Retail Industry”: True or False?

Forrester's Customer Insights

Last week, the DOJ announced an antitrust investigation of Big Tech. US Treasury Secretary Steve Mnuchin followed up in a CNBC interview loudly endorsing the antitrust scrutiny: he said that Amazon has not only “destroyed the retail industry in the US” but that it has also hurt competition. (Mnuchin was on the board of Sears, […].

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Building Internal Service Relationships and Employee Engagement: Challenge #3 of 5

Up Your Service

Jeff Eilertsen offers service performance insights to address five essential service challenges every organization must successfully address. In this interview with Ron Kaufman, Jeff discusses the third challenge, Building Internal Service Relationships and Employee Engagement. These are the links to watch Challenges 1, and 2: Challenge 1: Setting Effective Service Standards Challenge 2: Shifting from Service Process to Customer Experience.

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Incumbent Meets Disruptor: Staving off Disruption for Your Business

Prophet

Newer brands captured 31% of revenue share growth within the last four years, and this percentage is increasing. The brands that once defined an industry are seeing the experience demanded shift dramatically. So what’s an incumbent to do? Incumbent Corp: Why hello Disruptor & Co., it’s great to see you here at this year’s annual […]. The post Incumbent Meets Disruptor: Staving off Disruption for Your Business appeared first on Brand and Marketing Consultancy | Prophet.

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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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The Times They Are a-Changing: Talent in the Contact Center Part 1: Setting the Stage

SaleMove

This is the first installment of a blog series that examines the trends driving the transformation, reviews how people work in today’s contact center, and explores what you should do now to staff the contact center of tomorrow. Start Swimming. “ You better start swimmin’ or you’ll sink like a stone.” If customer service is part of your job responsibilities, you best heed the warning of folk prophet Bob Dylan in his 1960s anthem about change.

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Event of the Month: Sturgis Motorcycle Rally

Gravy Analytics

Motorcycle Rally in Sturgis. Sturgis, SD | August 2nd – 11th, 2019. Each summer, Sturgis, South Dakota hosts the largest motorcycle rally in the world. The 10-day event in the beginning of August boasts an average of over 500,000 attendees each year, and generates more than $800 million in revenue for the town of Sturgis, SD. The Rally has become a mecca for motorcycle enthusiasts all over the world.

Travel 40
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The complaining habits of public figures – Octopus CEO Greg Jackson

Helen Dewdney

A series of interviews by The Complaining Cow. In my series of interviews with people in the consumer world regarding their complaining habits, today is the turn of Octopus Energy CEO Greg Jackson. 1) Generally, do you complain to a company regarding a faulty item? Only where I think they’ll be relatively straightforward in dealing with it. 2) How much does the likely redress have to be before you will complain and why?

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Gear Up Pragmatically For 5G

Forrester's Customer Insights

5G Presents Immense Innovation Potential 5G promises to usher in not just new use cases in every industry but also new business models. Some of the most relevant use cases across industries, such as those enabled by AR/VR and massive IoT, fit right into improving customer experience and digital transformation. As a change agent, […].

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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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Omega World Travel Finds Innovative Solutions with Unified Cloud Platform

NICE inContact

With $1.5 billion in annual sales, Omega World Travel is one of the largest travel management companies in the U.S. Approximately 200 onsite and virtual agents handle corporate, government and leisure travel, making or modifying reservations, generating quotes and exchanging tickets. Together they support three different channels—voice (inbound and outbound), email and chat (both inbound) in 19 different languages, making a unified cloud platform imperative in the contact center.

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The Forrester New Wave™: Cloud Content Platforms — Multitenant SaaS, Q3 2019

Forrester's Customer Insights

In the wake of two traditional markets colliding, a new segment has emerged: cloud content platforms. Forrester’s recently published report, “The Forrester New Wave™: Cloud Content Platforms — Multitenant SaaS, Q3 2019,” assesses this emerging technology based on a 10-criterion survey and a two-hour briefing with each vendor. Watch the video below to learn how […].

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How To Get Law Firm Reviews To Boost Leads and Client Retention

Grade.us

Sometimes, law firm reviews are the only way potential clients can tell you apart, especially when they aren't being referred by a friend, family member, or trusted person. Your prospective clients use online reviews to gauge your firm's expertise, performance and values. Most of your clients aren't attorneys themselves so there's no way for them to evaluate your work properly.

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FORRward: A Weekly Read For Tech And Marketing Execs

Forrester's Customer Insights

Are Maps For Self-Driving Cars A Public Good? A public/private organization in the UK thinks so. Zenzic, a UK government and industry self-driving vehicle organization, believes that the country needs a standard map for all self-driving cars, not a different map encoded in each car manufacturer’s machine. The battle for “HD Maps,” which purport to […].

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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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Allianz Appoints MaritzCX as Partner for Their New Global Customer Experience Program

MyCustomer

23rd Jul 2019 London, 23rd July 2019.

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Forrester 2019 Enterprise BI Platform Waves ™ Research Update

Forrester's Customer Insights

Forrester has just published 2019 refresh of out Enterprise Business Intelligence (BI) Platforms Waves ™. As the BI market and the technology continue to evolve, so does our research. This year we emphasized New market segmentation by Vendor-Managed vs. Client-Managed platforms, which roughly equated to on-premise vs. cloud based platforms, but not quite.

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Totango Product Updates| July 29,2019

Totango

We are happy to share that we have established a more concrete seasonal release cycle (winter, spring, summer, fall), continuing to deliver updates and feature releases every two weeks under a focused quarterly theme. This quarter our focus is on CSM productivity and one-click engagements with your accounts. We’ve decided to name our releases based on desirable summer destinations today we are excited to announce our Ibiza Summer ’19 release. .

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