article thumbnail

The #1 Reason Most Voice-of-Customer (VoC) Data Are Wasted

Stella Connect

Your voice-of-customer (VoC) data collection program is an engine. There’s input (investment) and output (ROI + waste). The most efficient VoC programs grow revenue by way of service improvements and innovations that strengthen customer loyalty. Talk about a return on investment.

article thumbnail

Must-Have Customer Experience Management Skills for CX Professionals

Lumoa

The best type of voice of customer (VOC) feedback is unfiltered, real-time, represented across the customer journey, and measured across all data points and channels. HubSpot found that companies with a customer-centric mentality are 60% more profitable. Connecting metrics such as CSAT and NPS to revenue is complicated.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

An Article On Customer Experience That Actually Makes Sense

GetFeedback

Voice of the Customer (VoC): A Voice of the Customer (VoC) program , also known as customer voice and Voice of Customer , captures, analyzes and reports on all feedback (expectations, likes, and dislikes of your customers) associated with your brand.

article thumbnail

The Most Important Customer Success Metrics to Track and How to Improve Them

Totango

Service utilization: How much of their potential license seats, storage capacity, or other variable is your customer accessing? Adoption metrics: Is the customer using the product efficiently and impactfully? Voice of Customer data: What has your customer had to say about your product? Voice of Customer.

Metrics 62
article thumbnail

Make Your Voice of Customer Program Actionable

Pointillist

How to improve your return on investment in Medallia, Qualtrics, Clarabridge and Concentrix By Steve Offsey Most organizations that have implemented a voice of customer program are happily collecting and analyzing multiple forms of customer feedback. How Mature is Your Voice of Customer Program?

article thumbnail

Top 9 VoC Tools to Look for in 2024

SurveySparrow

Gartner has found out that listening to the voice of customers can increase upselling and cross-selling by 15-20%. At the same time, the report also discusses how the customer retention expenditure can be reduced by 25% as well. It is widely known that catering to customer needs makes a business.

Tools 52
article thumbnail

12 Absolute Top Qualaroo Alternatives For 2023

SurveySparrow

Improve customer relationships with not just surveys but with SurveySparrow’s Feedbot , too. Key features: Actionable insights collection Voice of customer insights from customers The ability to launch & manage social commerce campaigns. You can also start a free trial to use the tool the way you like it!

ROI 52