Tailoring Retail Customer Experience Programs

Centriam Customer Experience Lab

When it comes to improving customer experience, not all retailers are the same. In their recent article titled “The Great Retail Bifurcation: Why the retail “apocalypse” is really a renaissance” , Deloitte divided retailers into three groups—price-based, balanced offering, and premier—to help explain differences in retail business performance post-recession. Retail Customer Experience

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Earn Millennial Dollars with these CX Tips for Retailers

Centriam Customer Experience Lab

The shopping habits of millennial's are a perpetual source of anxiety for retailers. The crux of the matter is that many retailers are finding it difficult to connect with mi llennial shoppers. Customer Experience Analytics Retail Customer Experience

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How business leaders in retail plan to improve CX

Vision Critical

Retail is far from dead. That’s the key message I heard at the CX Exchange Retail 2018 , an intimate, invite-only conference for business executives in retail. Embracing technology is key to survival in retail, according to many speakers, including Sunglasshut’s Zaccheo.

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Why the retail apocalypse is really a renaissance, and what your company can do about it

Vision Critical

The retail apocalypse may just have to wait. But despite predictions that more than 3,800 stores are expected to close in 2018, the death of retail, much like Mark Twain, may have been reported prematurely. That doesn’t mean it’s suddenly smooth sailing for retailers.

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6 Killer Applications for Artificial Intelligence in the Customer Engagement Contact Center

associates in 550 retail stores with eGain AI reasoning for a 37%. service, kiosks, branch offices, and retail stores. retail stores, to guide customers to problem resolution and. agents and 550 retail stores.

How Cannabis Retailers Can Responsibly Sell Marijuana

IntouchInsight

Here's how cannabis retailers can responsibly sell marijuana There are many nuances with the laws and regulations of the recreational use and sale of cannabis.

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Tailor Your Retail Strategy to Your Customer Experience Goals

Centriam Customer Experience Lab

Using conclusions drawn from Centriam’s 2017 Retail Study, we have proposed areas of focus to enhance customer experience for two common NPS objectives. Retail Customer Experience

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Overcoming Challenges in Retail with Mystery Shopping

MaritzCX

As a retail brand, there are certain elements your company deems important in order to uphold your brand image to your customers. RetailIt’s imperative that each frontline employee represents the brand according to the standards set for service delivery.

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Retail Armageddon, Chupacabra, and Other Myths

Michelli Experience

A simple Google search for the phrase “retail Armageddon” produces 413,000 results. Here are just a few of the search findings from this year: May 5 th, Retail Armageddon: More bankruptcies in four months than all of 2016. In fact, online retail increased 18.1%

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{Infographic} Retail Armageddon, Chupacabra, and Other Myths

Michelli Experience

The post {Infographic} Retail Armageddon, Chupacabra, and Other Myths appeared first on Joseph Michelli. Save Save.

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3 Ways Convenience Store Retailers Can Collect More Customer Feedback

IntouchInsight

Here are three strategies convenience store retailers should use to collect more customer feedback Gathering customer feedback can be a challenge even from your most loyal customers.

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[Infographic] 4 Key Priorities for Customer-centric Retailers in 2019

Vision Critical

The retail industry is only set to become more competitive. According to Accenture , this is because there is a growing disconnect between what customers need and what retailers are providing. Retailers are still focusing too much attention on their products, pricing and margins.

How Robots Are Changing Retail

Smarter CX

In my brief time speaking with her, I was able to see how industries with a high volume of customer interactions, like retail, could greatly benefit from this collaboration between SoftBank and Oracle. The post How Robots Are Changing Retail appeared first on SmarterCX.

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6 retailer twists on bitcoin

QuestionPro Audience

Most retailers still don't want to accept bitcoin, but that doesn't mean they want to be left out of the cryptocurrency craze. Bitcoin Mobile payments Online payments Loyalty and rewards Retailers Cryptocurrencies

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Can Retailers Survive in the Age of Amazon? - Frank Reactions

Tema Frank

Retail Survival = Seamless Experiences. One of my favorite omnichannel retail stories is from Tesco in Korea. So when I spoke about changes in the retail world at the Seamless Africa conference a few weeks ago, I put up this picture and talked about it.

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Retail Armageddon, Chupacabra, and Other Myths

Michelli Experience

A simple Google search for the phrase “retail Armageddon” produces 413,000 results. Here are just a few of the search findings from this year: May 5 th, Retail Armageddon: More bankruptcies in four months than all of 2016. In fact, online retail increased 18.1%

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Retail trends shaping the consumer experience

Vision Critical

Retail is changing so fast that retail futurist Doug Stephens recently made this bold prediction : “Within five short years, the current user experience of online marketplaces like Amazon, eBay and Alibaba will begin to look as archaic as a Sears & Roebuck catalog.”

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Retail Response Woes

MaritzCX

RetailLast Saturday, I went to Macy’s to get a watch repaired. The watch was purchased from Macy’s as an anniversary present. It was one of the few times my husband guessed right. Don’t even get me started on the drugstore earrings debacle; we no longer speak of this incident.)

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Tesla: The Future of Automotive Retailing?

MaritzCX

Tesla’s unorthodox retailing approach of having about 83 factory direct outlets (‘galleries’) in shopping malls and other unconventional locations scattered across the US with.

Reshaping retail: 3 innovation strategies for the e-commerce era

Vision Critical

Brick-and-mortar is making a comeback , but many retailers struggle to drive sales. In these precarious times, both established and new retail players need to focus on customer needs. That stunning stat demonstrates why brick-and-mortar retailers need to pursue an omnichannel strategy.

The Other Way to Deliver Great Service: Tailoring Customer Experience Programs by Retail Segment

Centriam Customer Experience Lab

When it comes to improving customer experience, not all retailers are the same. In their recent article titled “The Great Retail Bifurcation: Why the retail “apocalypse” is really a renaissance” , Deloitte divided retailers into three groups—price-based, balanced offering, and premier—to help explain differences in retail business performance post-recession. Retail Customer Experience

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How Retailers Can Max Consumer Spending This Holiday Season

QuestionPro Audience

We may be only halfway through October, but it’s not too early to think about the upcoming holidays, and more importantly to many consumers and retailers—holiday shopping. And according to eMarketer, all retail sales, whether online or in-store, will grow by 3.8%

The current state of Customer Experience in Retail: The ForeSee Experience Index (FXI)

ijgolding

When it comes to the world of retail, the advance of technology has changed the landscape more in the last ten years than it had in the previous 4,000! The retail industry is the ‘poster boy/girl’ Industry disruption, from a customer perspective, is a very good thing.

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Retail Auto: Carmaker Mega-Bonus Incentive Programs Prompt Dealership Behavioral Changes

MaritzCX

There’s a “cultural,” or if you will, “behavioral” change going on at car dealerships being driven by a source that might surprise many.

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PetSmart and Amazon Lead Retailers in Customer Experience

Experience Matters

Six other retailers earned Temkin Experience Ratings below 70%: Sears , Gap , Best Buy , GameStop , Kmart , and Foot Locker. Here are some additional findings: Retail was one of only five industries to improve its ratings between the 2014 and 2015.

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Experiential retailing is the next big thing in activewear

Vision Critical

Aware of the increasing competition and decreasing margins, some activewear retailers are looking for new ways to stand out. These retailers are embracing more immersive strategies, bringing unconventional experiences into physical retail. The rise of experiential retailing.

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7 Ways Retail Brands Can Enhance CX

MaritzCX

RetailSavvy brands with strong e-commerce strategies, like REI, Toro, and Lowe’s, understand that delivering a better customer experience (CX) results in greater profitability. If you’re gearing up to take your business to the next level, you’ll need to enhance your CX from the ground up.

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The Retail Customer Experience: What’s In Store?

GetFeedback

A few years ago, trade publications were plastered with phrases like “the retail apocalypse” and “the end is near for retail.” The reality is, retailers aren’t going anywhere. It’s not enough to sell products; retailers must sell experiences too. Online retailers and brick-and-mortars that embrace developing technology have been able to create customer experiences that keep consumers coming back for more. The State of CX in Retail.

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Key Retail Influencers Talk Mobile

Storyminers

Integration of Mobile into Retailers Business Model Roundtable. Apadmi have recently produced a whitepaper exploring the integration of mobile into a retailer’s business model and the benefits it can bring. The importance of integrating mobile into a retailer’s business model.

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Creating a better in-store experience: 5 tips from Retail Prophet Founder Doug Stephens

Vision Critical

More than 8,300 retail stores are expected to close all over North America in the next 12 months. And yet, according to Doug Stephens , founder of the consultancy Retail Prophet, brick-and-mortar stores still have an important role in business today. Retail is transforming.

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3 Customer Experience Improvements Retailers Can Use to Cash in on Millennials

Centriam Customer Experience Lab

Many retailers are finding it difficult to connect with mi llennial shoppers. Findings from Centriam’s 2017 Retail Study confirm this: millennials are more price sensitive, less likely to repurchase, and 40% more likely to be detractors. Retail Customer ExperienceEven when able to sell to them, they are often unable to sustain the relationship.

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4 customer-based strategies health care can learn from retail

Vision Critical

Enter: The kings of customer-centric service, interaction and engagement—retail brands. By following examples set by successful retail brands, health care providers can devise new ways to better engage current patient populations and expand their reach to new demographics.

Nike versus Adidas: Who will win the digital transformation race in apparel retail?

Vision Critical

This is especially true in apparel retail, where longtime rivals Nike and Adidas have both recently invested heavily in digital transformation and innovation to stay at the top of their game. Nike: Making apparel retail personal. Great minds think alike—even fierce competitors.

What’s causing the retail apocalypse, and what companies can do about it

Vision Critical

A multinational discount shoe retailer files for bankruptcy protection. A major department store chain, once the biggest name in retail, admits that its future is now in doubt. These examples are just a sampling of the stunning headlines coming out of the retail sector.

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When this retail futurist speaks, Google, Walmart and Intel listen

Vision Critical

Retail has hit a rough patch. It found most firms in digital and traditional retail around the world only earned the research firm’s Customer Experience Index (CX Index) score in the “OK” range. As his analysis of the Whole Foods acquisition shows, Stephens has deep expertise in retail.

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Temkin Experience Ratings Industry Snapshot: Retail

Experience Matters

Congratulations to Ace Hardware and Dollar Tree for earning the best customer experience scores the retail industry. Of the 49 retailers included in this year’s Ratings, Ace Hardware and Dollar Tree tied for the top spot. The post Temkin Experience Ratings Industry Snapshot: Retail appeared first on Customer Experience Matters®.

5 Things You Most Likely Didn’t Know About Listening Effectively In Retail Sales

Myra Golden

When a retail employee merely hears a customer—instead of actively listening to them—they’re less able to determine precisely what that person needs. Take The Importance of Listening in Retails Sales on LinkedIn Learning and Lynda.com .

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Can You Imagine the Outcry if a Retail Business Did This?

Steve DiGioia

The post Can You Imagine the Outcry if a Retail Business Did This? Customer Service Can You Imagine the Outcry if a Retail Business Did This? …talk about a poor customer experience! This original article was written by Steve DiGioia.

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CX Storytime Tale of The Time that Retail Forgot

The Upsell

What happens when that very concept gets in the way between a customer and a retail company? The post CX Storytime Tale of The Time that Retail Forgot appeared first on The Upsell. ? When is 10 minutes not 10 minutes? The concept of time can mean different things to different people.

3 Ways Retailers Can Improve Customer Experience With Their Contact Center

Calabrio

No one ever said working in retail was easy. Succeeding in retail is tough and these days it’s much more difficult. Customer service remains the key difference of brick-and-mortar retail operations. The call center is no longer a cost center for retailers.

Key Retail Influencers Talk Mobile

Storyminers

[Originally published on APADMI Apr 20, 2016 – Advice & Guides, Blog as:] Integration of Mobile into Retailers Business Model Roundtable Apadmi have recently produced a whitepaper exploring the integration of mobile into a retailer’s business model and the benefits it can bring. The post Key Retail Influencers Talk Mobile appeared first on Mike Wittenstein.

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Dealership Digital Retailing is Inevitable, Because The Customer Always Wins!

MaritzCX

Think of any retailer category out there, and the consumer inevitable wins in getting it their way“ The above quote is by Mark O’Neil, COO of Cox Automotive, at the recent JD Power 2017 Automotive Forum. The title of his presentation was Connected Retail: Deals in the Digital.

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Understanding Generational Differences in Retail: The Law of the Hammer

MaritzCX

Retail“When you have a good hammer, everything looks like a nail.¹” ” We tend to see our world through the lens of our favorite tools.

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