Lumoa

NOVEMBER 29, 2021

Is it possible to determine the ROI of customer experience, if so, how do you do that? In addition, we share tools that will help you calculate the ROI of your own customer experience projects. Later I will go through how you can understand step-by-step what the value and ROI of customer experience are for your company.

ROI 243

ROI Customer Experience NPS Financial 243

Uniphore

JANUARY 26, 2022

Conversational AI in Banking – Practical Use-Cases for Achieving ROI. Join Daniel Faggella, Head of Research for Emerj, as he explores the current and future state of conversational AI in banking with Kimberley West, Director of Product Marketing for Uniphore. More people today are banking digitally than ever before.

Banking 130

Banking ROI Policies Financial 130

InMoment XI

JANUARY 22, 2025

Rich ROI-focused data insights, keyword tracking, and powerful connections to other InMoment tools round out this powerful platform that drives results. Robust ROI-centric analytics: Learn from your Google listings and Google Maps performance with metrics that stay focused on what matters most: ROI.

Software 195

Software Management Social Media Multi-Channel 195

Experience Investigators by 360Connext

APRIL 23, 2024

For instance, referred customers at a German bank were found to be 25% more profitable than those acquired through other channels. Measuring the ROI of Customer Experience Initiatives As long as you first define success and understand your CX strategy, you can find several ways to measure the success of specific initiatives.

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

Customer Bliss

JANUARY 17, 2020

For example, Commerce Bank—now TD Bank —asked their employees: “What’s getting in your way? It’s not the ROI that drives people, it’s the integrity, the growth and how they grow. ” For more on effectively capturing the power of customer experience ROI, read this blog post. . What stupid rules can we kill ?”.

Chief Customer Officer 327

Chief Customer Officer Banking ROI Financial 327

SurveySensum

DECEMBER 4, 2024

Custom er loyalty and satisfaction are crucial when it comes to banks. More than often, customers are attracted to banks that value them and offer good service. But when every bank strives to achieve the same, how can you get a competitive edge? What is NPS in Banking and Other Financial Institutions?

Banking 52

Banking NPS Financial Net Promoter Score 52

DCX

DECEMBER 31, 2024

Show Me the Money: Proving ROI from Your CX Initiatives You know the drill. Someone in leadership leans in, raises an eyebrow, and hits you with the classic: “What’s the ROI of this?” Let’s talk about why proving ROI feels so painful—and, more importantly, how you can make it easier.

ROI 52

ROI Self Service Leadership Metrics 52

InMoment XI

DECEMBER 1, 2022

approaches aren’t enough for today’s businesses; they cause program stagnation and make meaningful return on investment (ROI) impossible. The Forrester Wave says, “InMoment is a good fit for organizations looking for a ROI-focused technology and services partner.” The truth is that monitoring services and D.I.Y. And one more thing.

Self Service 370

Self Service Analytics ROI Automotive 370

West Monroe

JULY 15, 2024

Email LinkedIn Facebook printer copy Print this page Listen to "How Silicon Valley Bank Balances Innovation & Value" on Spreaker. About the episode We tackle the innovative world of Silicon Valley Bank. Milton Santiago helps us answer the question: How do you bridge the gap between cutting-edge technology and traditional banking?

Banking 105

Banking Innovation ROI Financial 105

ReviewTrackers

APRIL 20, 2021

Customer Acquisition: Banking Strategies. The ways that customers shop for banks and financial services providers have changed. So, therefore, have the methods and strategies for customer acquisition in banking. What does it take to acquire and keep new banking customers? 6 Banking Customer Acquisition Strategies.

Banking 123

Banking Social Media Infographics Rewards Programs 123

GetFeedback

NOVEMBER 25, 2019

Banks: 81%. Learn how to use the CSAT metric, boost loyalty, and prove the ROI of your efforts. A new list of benchmarks is published each year by ACSI, with minor quarterly updates. . Below is the complete list of the newest CSAT benchmarks. Airlines: 73%. Ambulatory Care: 77%. Apparel: 79%. Athletic Shoes: 79%. Breweries: 85%.

Customer Satisfaction 293

Customer Satisfaction Industry Effort Score Apparel 293

Experience Matters

JANUARY 21, 2020

In a previous post, I mentioned two reports from late last year that show the business value of CX, The ROI of CX and What Consumers Do After a Bad Experience. The XM Institute is kicking off the year with a research bang. Since then, we’ve actually published a number of new research reports with an emphasis on industry-specific data.

Industry 201

Industry Consumers Feedback Insurance 201

Beyond Philosophy

NOVEMBER 10, 2014

In an article about the moments of truth in customer service, McKinsey & Company revealed that 70% of customers at a bank reduced their commitment when they had a bad Customer Experience. That article also revealed that 85% of customers that had a good relationship with the bank increased their commitment.

Net Promoter Score 164

Net Promoter Score ROI Customer Experience Insurance 164

ECXO

MARCH 6, 2025

While customer delight is the ultimate goal, framing it in terms of ROI and competitive advantage speaks the language of executives and ensures CX strategy gets the necessary support. Instead, frame CX initiatives in terms of ROI as well as Lynn Hunsaker often writes about. Another key aspect of strategy is prioritization.

B2B 339

B2B Customer Journeys How To Effort Score 339

ECXO

JUNE 11, 2023

Which metrics should you use to track to measure performance and demonstrate ROI? BBVA – Spanish multinational banking group BBVA has implemented a mobile app that provides personalised financial advice, easy account management, and digital payment options. How do customers experience your brand – across touchpoints?

B2B 390

B2B B2C Touchpoint Customer Journeys 390

Experience Investigators by 360Connext

JANUARY 7, 2025

Related resource : Customer Experience ROI: Tying CX Investments to Business Success Customer Experience ROI: Tying CX Investments to Business Success Prove customer experience ROI with strategies to tie CX investments to measurable CX metrics and outcomes.

Customer Journeys 143

Customer Journeys Strategy Customer Experience Touchpoint 143

eglobalis

JUNE 27, 2024

HSBC uses advanced analytics to track and understand customer interactions across digital and physical channels, enabling them to refine each touchpoint for a seamless banking experience. Return on Investment (ROI): Calculates the ROI of your CX initiatives by comparing the investment costs against the financial gains achieved.

Strategy 450

Strategy Customer Experience Net Promoter Score Customer Centricity 450

InMoment XI

OCTOBER 24, 2024

InMoment has also been recognized for having the fastest ROI time, the best support, and the easiest to use. Financial Services: Banks and financial institutions use customer engagement platforms to manage customer support, offer individualized financial advice, and ensure that customer inquiries are handled securely on different channels.

Customer Engagement 195

Customer Engagement Engagement Omni-Channel e-support 195

ECXO

JULY 29, 2024

Barclays uses advanced analytics to track and understand customer interactions across digital and physical channels, enabling them to refine each touchpoint for a seamless banking experience. Return on Investment (ROI) : Calculates the ROI of your CX initiatives by comparing the investment costs against the financial gains achieved.

Strategy 380

Strategy Customer Experience Net Promoter Score Effort Score 380

Experience Investigators by 360Connext

MARCH 26, 2024

Prepare to have your perspective radically shifted as we examine a bank’s strategy to merge in-person banking with digital tool education. Will this approach truly empower customers or is it merely a stepping stone to a fully digital future?

Banking 178

Banking Advertising ROI B2B 178

InMoment XI

NOVEMBER 15, 2023

Consider a mobile banking app that recently updated its user interface. If the CES scores are consistently high, it confirms that the app changes were well-received, simplifying the banking experience for users. What is the ROI of Customer Experience Analytics? Most organizations struggle proving ROI with their CX programs.

Analytics 243

Analytics Customer Experience e-support Net Promoter Score 243

ReviewTrackers

APRIL 12, 2019

Customer Acquisition: Banking Strategies. The ways that customers shop for banks and financial services providers have changed. So, therefore, have the methods and strategies for customer acquisition in banking. What does it take to acquire and keep new banking customers? 6 Banking Customer Acquisition Strategies.

Banking 92

Banking Social Media Infographics Rewards Programs 92

Comm100

MAY 4, 2022

In 2021, US banking customers that identified as ‘phygital’ grew by 17%. Research from BAI found that 62% of Millennials and 61% of Gen Z said they would switch their primary bank account for a better digital experience. Chatbot ROI Calculator: Find out how much ROI you could make with AI Chatbots.

Chatbots 242

Chatbots How To Omni-Channel e-support 242

CloudCherry

OCTOBER 25, 2018

On September 27th, I had the great pleasure of moderating a panel at CEM Asia attempting to answer the question: How do business leaders quantify the ROI of CX? Raju Nair – MD & Regional Head Customer Journey Experience – DBS Bank. Here’s what we learned. A world-class CX program can take many shapes.

CEM 170

CEM ROI Metrics Call Center 170

GetFeedback

AUGUST 14, 2019

While people expect more from their bank, barista, and bariatric surgeon, what they expect is not congruent. . Measure your Customer Satisfaction Score (CSAT) and its ROI with our interactive calculator. Over the last decade, our customers have grown to expect more from the companies they do business with. Industry matters.

Customer Satisfaction 268

Customer Satisfaction Survey eBook Industry 268

InMoment XI

AUGUST 31, 2023

Integrated Insights : Delivering both leading innovative technology and strategic expertise to deliver ROI. Joining us on stage, we have CX Leaders from a variety of brands including, Metro Bank, Foot Locker, Quilter, Vue Cinema and MediaMarktSaturn to name a few!

Conference 195

Conference Banking ROI Customer Voice 195

Thematic

MARCH 20, 2025

And take note: companies that use AI-driven text analytics are already seeing the benefits—early adopters of AI in CX are 128% more likely to report high ROI from their AI tools. Atom Bank , as the UK’s first app-only bank, used customer review analysis to stand out in the market. So let’s break it down.

Analytics 62

Analytics Social Media Banking Analysis 62

Pointillist

MARCH 20, 2019

By Swati Sahai The importance of calculating your customer experience ROI cannot be overstated—how will you build, measure and regularly optimize your customer experience efforts if you don’t know the return on your CX investments? You need the quantitative ROI to make a strong business case and obtain approval for continued investment.

ROI 59

ROI Customer Experience Self Service How To 59

InMoment XI

SEPTEMBER 19, 2024

As you work to improve your end-to-end customer experience, measuring the performance of your chosen metrics will help you know the success and ROI of your efforts. Metro Bank Metro Bank worked to improve the end-to-end customer experience by restructuring its customer insights program.

Customer Journeys 195

Customer Journeys Customer Experience Social Media Banking 195

Experience Matters

OCTOBER 1, 2018

Here are the highlights from this benchmark: With an NPS of 65, USAA’s banking business earned the highest score in the study, followed closely by its insurance business Read More. To compare scores across organizations and industries, Temkin Group measured the NPS of 342 companies across 20 industries based on a survey of 10,000 U.S.

Net Promoter Score 215

Net Promoter Score Study Report NPS 215

Qualtrics

JANUARY 3, 2020

The XM Institute recently published a new report, The ROI of Customer Experience, 2019. There’s a lot more detail in the research, including industry-specific data, so make sure to download the free report, ROI of Customer Experience, 2019. Download the full report: ROI of Customer Experience, 2019. Instant Download.

ROI 68

ROI Customer Experience Net Promoter Score Effort Score 68

inQuba

MARCH 27, 2025

This ensures continuous improvement in conversion rates, retention, and overall CX ROI. For instance, a leading South African retail bank partnered with us to optimize its card application journey. From journey discovery to real-time interventions, we help you align your organization with customer goals while driving measurable ROI.

Net Promoter Score 52

Net Promoter Score ROI Customer Journeys Analytics 52

CloudCherry

DECEMBER 1, 2018

On September 27th, I had the great pleasure of moderating a panel at CEM Asia attempting to answer the question: How do business leaders quantify the ROI of CX? Raju Nair – MD & Regional Head Customer Journey Experience – DBS Bank. Here’s what we learned. A world-class CX program can take many shapes.

CEM 150

CEM ROI Metrics Call Center 150

Experience Investigators by 360Connext

FEBRUARY 9, 2021

The Three Areas of ROI. In one research study , a bank in Germany found that In a study of almost 10,000 accounts, referred customers were 25 % more profitable than customers acquired in other ways. More Types of Customer Experience ROI. That sounds like a tremendous ROI to me. Why do some companies ignore this?

Customer Experience 261

Customer Experience Net Promoter Score Effort Score Culture 261

Interactions

JUNE 13, 2019

Not only does it become the face of every interaction with your customers, but it can break the bank if you’re not careful. However, with the right technology, ROI and cost efficiencies can be just as transformational as an IVAs impact on customer care. Increased revenue and decreased costs.

ROI 63

ROI Contact Center Survey Banking 63