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How to Improve Customer Centricity in Hospitality

C3Centricity

After all, the hospitality industry should be highly customer centric, as it relies on satisfying its guests. However, it can learn a lot from consumer packaged goods (FMCG/CPG), as I shared with industry experts at a Faculty Day of one of the leading hospitality schools in Switzerland. The title of this week’s post might surprise you.

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Maximize Return on Experience (ROE)

Customer Enthusiast

I learned the difference between return on investment (ROI) and return on experience (ROE). ROI measures … Continue reading "Maximize Return on Experience (ROE)" Source

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Fundamentals of a Customer First Strategy For Every Industry

C3Centricity

Hospitality is perhaps one of the most visible industries where customer satisfaction, or lack of, is quickly shared with the world. It is true that without satisfaction, customers will not return to a hotel or restaurant. There is no hiding from their clients for hospitality! While I empathise, it’s not all bad news.

Industry 218
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Meeting Customers Unmet Needs, The New Imperative for 2020

Beyond Philosophy

However, business is also all about return on investment (ROI). When a company invests $1, they want to make at least $2 back for their trouble. Therefore, if you dedicated a resource to fostering growth, you expect that you will get the results you invested in it to get it. .

Meeting 172
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What You Need to Know About Contact Center AI

InMoment XI

Hospitality Virtual Concierge Services : Hotels and travel agencies employ virtual concierge services powered by AI to provide guests with information about amenities, local attractions, and hotel services. Understanding the training duration helps plan resources effectively and ensures a quicker return on investment.

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Award-Winning Platform Boosts Staff Satisfaction, Productivity and Galvanises Sales

CSM Magazine

However, because it’s more accessible, large-scale and smaller businesses will enjoy an excellent return on investment.” Of the customers engaged in Help for Hospitality, 10% of the spend was recorded in new Brakes categories – where customers have not previously traded.

Sales 52
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Can Your Restaurant Thrive? Uncovering the Secret Sauce Behind Successful Eateries

CSM Magazine

Let’s peel back the layers of the restaurant business and explore what’s not often discussed, ensuring your venture isn’t just another statistic in the high failure rate of the hospitality industry. It’s in the details that a business will thrive, survive, or die.