Horizon CX

MARCH 1, 2021

As the Senior Manager of Customer Experience, I found myself amidst an executive leadership conflict that had been playing out for a few years and way above my pay grade. Compelling Arguments for Justifying CX Programs – the Dreaded ROI Question. Customer Satisfaction & Loyalty vs. Quarterly Numbers—The Conflict.

ROI 130

ROI Return on Investment Financial Customer Satisfaction 130

Lumoa

SEPTEMBER 8, 2021

The most successful companies require next-generation customer experience management tools and strategies to analyze all data points in real-time and provide up-to-date, actionable insights faster across all teams in your organization. But surveys do have a place in your Customer Experience Management program.

Customer Experience Management 208

Customer Experience Management CEM Customer Experience Management 208

Playvox

JULY 31, 2023

When thinking about workforce management (WFM), often people think of forecasting and scheduling. However, some of the quickest ROI can come from the employee self-service (ESS) aspects of a WFM solution. Ensuring that employees can be a part of managing their schedule has big benefits.

Self Service 85

Self Service Management Contact Center ROI 85

CX Journey

MARCH 13, 2019

According to CX Network’s latest Annual Global State of CX Report , showing return on investment (ROI) from CX projects is one of the top challenges troubling CX practitioners. Evidencing ROI was highlighted by almost half of the respondents as the biggest block to gaining approval for future CX investments.

Customer Experience 151

Customer Experience ROI NPS Return on Investment 151

InMoment XI

OCTOBER 24, 2023

Contact Center Analytics Best Practices for Maximum ROI Strategic Focus over Isolated Improvements While it’s tempting to dive into the granular details and make quick fixes based on isolated data points, true transformation comes from a strategic focus. It’s the actions driven by this data that unlock its true value.

Contact Center 260

Contact Center Analytics Multi-Channel Effort Score 260

Comm100

DECEMBER 14, 2017

Here are our steps you can use to build a management process which closes the loop and acts on customer feedback, all the while improving experiences for your customers. Ensure you provide enough of a feedback loop flowing from agents to management to capture and act upon this feedback. Do the change. Act to improve the change further.

Strategy 230

Strategy Customer Experience How To Effort Score 230

delighted

DECEMBER 10, 2019

ROX is the new customer experience ROI. Many brands are investing heavily in customer experience (CX) and, as we explore below, the numbers don’t lie — those allocated resources can yield some serious returns. But what exactly is the return? Building your own CX ROI model. This couldn’t be more inaccurate.

ROI 40

ROI Measurement Customer Experience Effort Score 40

Beyond Philosophy

NOVEMBER 10, 2014

For many years, there has been a debate whether you could assign a dollar amount to determine the return on investment for any Customer Experience improvements. A Global Shipping company increased its Net Promoter Score (NPS) by 40% points over 30 months.

Net Promoter Score 164

Net Promoter Score ROI Customer Experience Insurance 164

Horizon CX

JUNE 10, 2022

For example, I worked with an organization that developed a voice-of-the-customer (VoC) program with the primary objective of achieving a high Net Promoter Score (NPS). Forrester at the Sloan School of Management at MIT. Systems thinking is a mindset that everything is interrelated and interdependent.

Customer Journeys 130

Customer Journeys System Net Promoter Score NPS 130

Wootric CX Blog

APRIL 22, 2021

Wootric by InMoment, the CX management platform for maximizing customer lifetime value (CLV), has been recognized as a Leader in the G2 Crowd Grid Report for Feedback Analytics for Spring 2021. In addition to being a leader in the Feedback Analytics grid, Wootric was the top-ranked High Performer in Experience Management Software.

Report 52

Report Analytics Feedback Return on Investment 52

Gainsight

JUNE 21, 2022

Improving user NPS with success plans. Although those costs tend to plummet in the long run, the return on investment (ROI) usually comes about a year and a half after the deal is closed. Additionally, some of the responsibility for renewals and expansions is divided between Account Management (31%) and Sales (24%).

Trends 52

Trends Net Promoter Score NPS Return on Investment 52

CX Journey

MARCH 13, 2019

According to CX Network’s latest Annual Global State of CX Report , showing return on investment (ROI) from CX projects is one of the top challenges troubling CX practitioners. Evidencing ROI was highlighted by almost half of the respondents as the biggest block to gaining approval for future CX investments.

Customer Experience 81

Customer Experience ROI NPS Return on Investment 81

Beyond Philosophy

JANUARY 19, 2019

Focus on the ROI of CX improvement. Having a record of your return on investment (ROI) for Customer Experience programs is vital. But not all ROI is sales-based. You can have an increase in your NPS (Net Promoter Score, which indicates your customers will recommend you to family and friends). –more?.

Net Promoter Score 84

Net Promoter Score Marketing ROI Return on Investment 84

Experience Investigators by 360Connext

FEBRUARY 9, 2021

Two thoughts come to mind: Customer experience can be tied to three areas of specific, tangible returns on investment. The Three Areas of ROI. What is the return on the investment of customer experience? Let’s break down the ways customer experience not only is worth the investment, but absolutely necessary!

Customer Experience 261

Customer Experience Effort Score Net Promoter Score Culture 261

Beyond Philosophy

JANUARY 19, 2019

Focus on the ROI of CX improvement. Having a record of your return on investment (ROI) for Customer Experience programs is vital. But not all ROI is sales-based. You can have an increase in your NPS (Net Promoter Score, which indicates your customers will recommend you to family and friends). –more?.

Net Promoter Score 80

Net Promoter Score Marketing ROI Return on Investment 80

ChurnZero

JUNE 21, 2022

Customer Success managers are always looking out for the best interests of their customers. Customer Success enablement professionals should understand how to maximize return on investment (ROI) as well as have a strong technical understanding of the products your company develops.

Customer Success 94

Customer Success Net Promoter Score Return on Investment Metrics 94

CSM Practice

FEBRUARY 24, 2020

The job of the customer success team entails myriads of responsibilities, including proper onboarding, increasing product usage, proactively managing accounts, customer engagements, and training , expanding and renewing accounts, and so on. 6. Net Promoter Score (NPS). Customer Financial Metrics. 4. Engagement Activity.

Metrics 59

Metrics Net Promoter Score Effort Score NPS 59

GetFeedback

MAY 9, 2019

What is customer experience management (CXM)? . Customer experience management (CXM) is the process of designing and optimizing customer interactions to meet or exceed customer expectations. You do this through the hiring process, performance management, and incentives. Yes, it’s cheesy but very true).

Customer Experience 337

Customer Experience Customer Journeys Metrics Effort Score 337

ClientSuccess

SEPTEMBER 27, 2018

Instead of simply passing new customers off to a Customer Success Manager (CSM) to deal with after a sale is completed, organizations are realizing the benefits of having a strong customer-focused strategy in every department , from sales and marketing to finance and product. An Intense Focus on Outcomes and ROI.

Trends 74

Trends Customer Success Effort Score ROI 74

Centercode

APRIL 16, 2019

These are the types of questions that suddenly pop into the minds of product and program managers when an executive team comes looking for Key Performance Indicators (KPIs). I recently had an opportunity to work with Alex Larsen , the manager of the technical operations beta team at Trimble Transportation, on just that. Efficiency.

Metrics 65

Metrics Net Promoter Score ROI Effort Score 65

Kayako

JUNE 1, 2017

Provide statistics on satisfaction, NPS, loyalty/retention rates, and exactly how your team generates a positive return on investment. For product management teams, that might mean dialing up the importance of receiving feedback direct from the source. This can soon negate potential ROI from better collaboration.

Customer Service 205

Customer Service Return on Investment Customer Satisfaction Fashion 205

Centercode

OCTOBER 23, 2020

Centercode’s platform and methodologies make it easy to collect net promoter scores (NPS), pre-release reviews, and these other forms of useful qualitative data that enable you to improve the user experience before your product hits the market. Read the Centercode ROI Report. Exceeding Customer Expectations.

Net Promoter Score 80

Net Promoter Score Return on Investment User Experience ROI 80

Gainsight

MAY 6, 2020

Gainsight’s Risk Management package will allow you access to the most critical aspects of the platform including 360 View , Health scores , Dashboards , and Playbooks to get your team up and running with these essentials in as little as two weeks. . Return on Investment. Verified Outcomes. Fast Time to Value.

Technology 52

Technology Customer Success Effort Score Return on Investment 52

ChurnZero

JUNE 21, 2022

Customer Success managers are always looking out for the best interests of their customers. Customer Success enablement professionals should understand how to maximize return on investment (ROI) as well as have a strong technical understanding of the products your company develops.

Customer Success 52

Customer Success Net Promoter Score Return on Investment Metrics 52

CustomerSuccessBox

JUNE 13, 2022

CSMs may use a comprehensive CI management platform to analyze all data in a meaningful way to identify trends that are repeatable, allowing them to improve their customer success strategies by concentrating on KPIs that affect customer churn. Thus, Customer Success Managers achieve faster ROI and become completely data-driven.

Customer Success 52

Customer Success Net Promoter Score Customer Centricity ROI 52

SmartKarrot

DECEMBER 4, 2020

But as customer retention became a major goal for these companies, customer success ROI started paying off. So, how can we quantify those returns generated by customer success? Importance of measuring customer success ROI. Yet, companies are ready to invest in all these because the end results they produce are more valuable.

ROI 10

ROI Measurement Customer Success Return on Investment 10

Eptica

JUNE 13, 2018

Managing up and down Ideally you want to select a range of relevant metrics to evaluate the customer experience – relying on one alone doesn’t work. Demonstrating the ROI of CX initiatives There is no doubt that improving the customer experience can have a direct or indirect financial impact on the business.

Measurement 49

Measurement Net Promoter Score Customer Experience Average Handle Time 49

SurveySparrow

JANUARY 5, 2021

What is Return on Employee experience? We are quite familiar with the term, ROI or returns on investment. When it comes to measuring the benefits of a particular cost-related investment, there’s no effective metric available then return on investment (ROI). Employee NPS or eNPS.

Employee Experience 52

Employee Experience Measurement Net Promoter Score Effort Score 52

CSM Practice

AUGUST 26, 2019

Paul] I will answer this question by first stating my mission statement: to measure and deliver a return of investment (ROI) to my internal and external business partners. A CS representative has to be able to change management on a frequent basis. Changing management is hard but critical to the success of a CS team.

System 49

System Customer Success Net Promoter Score ROI 49

CustomerSuccessBox

JUNE 20, 2022

In general, this tool offloads the heavy work of tracking and managing all the customer success metrics. Thus a Customer Success tool comes in handy for managing all these tasks efficiently. Some of the subscription management tools you could look at are Chargebee , Chargify , Invoiced , Recurly , Stripe , and Zuora.

Software 52

Software Customer Success Effort Score Net Promoter Score 52

SmartKarrot

NOVEMBER 21, 2022

Manage a team of customer success managers. Develop material such as value propositions, business case development, analysis of data and return on investment projections, project plans, and customer road maps to assist the client through their transformation. Apply here: [link]. Apply here: [link].

Customer Success 19

Customer Success Return on Investment NPS ROI 19

Eptica

JULY 25, 2018

Date: Wednesday, July 25, 2018 Author: Taoufik Massoussi - Product Manager & Head of AI Why traditional VoC metrics don’t deliver the insight you need to succeed. Essentially, you can see what is happening, but not why metrics are changing – reducing your ability to improve CX and show a return on investment from your programs.

Net Promoter Score 50

Net Promoter Score Metrics Average Handle Time Return on Investment 50

Kayako

OCTOBER 23, 2017

That’s because so many departments are involved in the feedback process: Support receive it, marketers ask for it , and product managers solicit it, but few departments are held accountable for making use of feedback. Marketing should look at using NPS (Net Promoter Score) surveys and be sending those out at regular intervals (e.g.

Feedback 136

Feedback Net Promoter Score e-support Metrics 136

InMoment XI

NOVEMBER 15, 2023

There are four common customer experience analytics metrics: Net Promoter Score (NPS) Net Promoter Score , or NPS, is a widely used metric to measure customer loyalty. What is the ROI of Customer Experience Analytics? Most organizations struggle proving ROI with their CX programs.

Analytics 324

Analytics Customer Experience e-support Net Promoter Score 324

Stella Connect

MAY 11, 2017

There’s input (investment) and output (ROI + waste). Your job is to create a sustainable power source with near 100% efficiency (high ROI, minimal waste). This group of unhappy customers had given their service agents’ performance an average star rating of 1.06, and the brand an average NPS score of -85.

Voice of Customer 40

Voice of Customer Data Contact Center Return on Investment 40

CX Journey

FEBRUARY 12, 2015

Call it what you will (customer satisfaction research, customer experience management, customer experience transformation, change management), the answer was always right there in front of us, hiding in plain sight - yet somehow, we''ve struggled to really see the truth of it. Despite your best efforts, sometimes customers spend less.

NPS 80

NPS Return on Investment Customer Centricity Customer Retention 80

ChurnZero

NOVEMBER 5, 2021

For busy Customer Success teams, it can be difficult to pause and reflect on the systems you use to manage your days. To make your software audit more manageable, prioritize what data/features to audit first. New problems surface. Strategies shift. Solutions evolve. Processes change.

Software 52

Software Customer Success Net Promoter Score Exercises 52