ECXO

MARCH 6, 2025

Meeting these elevated expectations is not just about customer satisfactionit directly impacts the bottom line. Research shows that B2B companies with superior customer experience achieve higher revenue growth, better customer retention, and lower service costs than their peers.

B2B 339

B2B Customer Journeys How To Effort Score 339

InMoment XI

OCTOBER 24, 2024

Improved Customer Loyalty Customer engagement platforms increase customer loyalty by making the customer experience engaging and consistent throughout the whole customer journey. Research shows that loyal customers are 64% more likely to make more frequent purchases from your business than regular customers.

Customer Engagement 195

Customer Engagement Engagement Omni-Channel e-support 195

Kayako

AUGUST 21, 2018

What is customer retention? Simply put, customer retention refers to the strategies and tactics businesses use to encourage repeat purchases and ongoing loyalty from their existing customer base. That’s why customer retention is so vital for businesses of every stripe. Stand Behind a Social Mission.

Customer Retention 123

Customer Retention Loyalty Strategy Loyalty Programs 123

Uniphore

JANUARY 4, 2022

Case Studies. How are you planning to leverage conversations to drive revenue and customer retention? Join us as we explore the technology and strategies needed to accelerate key initiatives, improve customer retention and drive revenue growth in today’s enterprise. Conversational AI Platform. U-Self Serve.

Contact Center 317

Contact Center Multi-Channel Innovation Customer Retention 317

Comm100

MAY 19, 2020

Improve customer service and loyalty. Discover customer pain points. Customer convenience. Competitive advantages. The world’s most powerful live chat with text, audio, video, file sharing, full customization, mobile apps and more. Discover Customer Pain Points. Competitive Advantages.

Competitive Advantage 279

Competitive Advantage eBook Report Loyalty 279

ECXO

MARCH 5, 2024

By focusing on the customer, encouraging innovation, reducing risk, promoting collaboration, and providing a competitive advantage, Design Thinking can significantly enhance the outcome of digital transformation initiatives, leading to improved customer experience and business success.

Customer Centricity 294

Customer Centricity Competitive Advantage Innovation Customer Journeys 294

Kayako

SEPTEMBER 14, 2018

If you take a look at Kayako’s website and blog, it’s obvious that we know live chat customer support is a big difference-maker for businesses large and small. Our study of 500 consumers and businesses proves it. Customers Buy from Companies That Offer Live Chat. Loyal customers are worth their weight in gold.

Loyalty 180

Loyalty Sales Competitive Advantage Ecommerce 180

Thematic

DECEMBER 5, 2018

Today, it’s more about offering customers something as personalized as possible, so that they feel truly special. So, let’s look at ways to reduce churn with customer retention analytics and why it’s important in the first place. What is customer retention? Why is customer retention important?

Customer Retention 96

Customer Retention Analytics Data Strategy 96

InMoment XI

SEPTEMBER 12, 2023

The Importance of CRM Databases in Competitive Analysis Customer Relationship Management (CRM) databases are essential tools for storing and tracking customer information, interactions, and sales history. These are areas where you have the opportunity to differentiate your business and gain a competitive advantage.

Analysis 195

Analysis Marketing Competitive Advantage Analytics 195

TeamSupport

APRIL 26, 2019

Gartner’s 2018 Customer Experience Survey found that two-thirds of a company’s competitive edge was predicated on the experience they delivered to their customers. The constantly evolving landscape means that business-to-business (B2B) customers have all the power. Understand the customer. Don’t wait to automate.

Competitive Advantage 55

Competitive Advantage Customer Service Self Service How To 55

Retently

MARCH 11, 2025

But CX isnt just about making things easier its a major competitive advantage. That means a CX Manager isnt just responsible for handling customer concerns; theyre shaping how customers feel about the brand, turning one-time buyers into lifelong fans. And most importantly how do we turn customers into lifelong fans?

Ecommerce 115

Ecommerce Self Service Customer Experience Management 115

InMoment XI

FEBRUARY 2, 2024

Studies have shown that companies that engage with customer feedback can see up to a 5-10% increase in customer retention rates. It lets customers know that there’s a human behind your brand, and you’re open and receptive to changing your processes if inefficiencies are continually being called to attention.

Hospitality 195

Hospitality Call Center Retail NPS 195

Horizon CX

APRIL 1, 2024

The Business Case for Customer Experience Maturity The benefits of achieving higher levels of customer experience maturity are clear. Back in 2015, MaritzCX conducted a revealing study that shed light on the state of CX maturity across industries. However, despite these compelling statistics, the reality remains stark.

Customer Journeys 130

Customer Journeys Touchpoint Customer Centricity Competitive Advantage 130

CSM Magazine

FEBRUARY 19, 2025

Here, we’ll walk you through the features to prioritize, the benefits for businesses and customers alike, and how it fuels growth in a competitive global market. Imagine a customer contacting your business for support and being met with communication barriers.

Software 52

Software Customer Service Connections e-support 52

InMoment XI

NOVEMBER 15, 2023

Customer Churn Rate : Customer churn rate quantifies the percentage of customers who stop using a company’s product or service over a specific period, helping businesses gauge customer retention and identify potential issues.

Analytics 243

Analytics Customer Experience e-support Net Promoter Score 243

GetFeedback

OCTOBER 4, 2019

And no matter how well you think you know your customers, being inside the organization makes you susceptible to the echo chamber effect, where everyone (including your competitors) only see things from the same perspective and very soon you and your customers are on completely different plains.

Survey 150

Survey Data Competitive Advantage Touchpoint 150

InMoment XI

FEBRUARY 23, 2024

Market segmentation is a research strategy that separates different consumers in order to study their preferences, needs, and perspectives in order to optimize business practices, products, and experiences. Hopefully, your business has more than one customer. What Is Market Segmentation?

Marketing 195

Marketing Customer Experience Return on Investment Analysis 195

Alida

FEBRUARY 1, 2017

A new study from the digital agency Wunderman provides some answers. The study, called Wantedness, reveals eye-opening insight on what it takes to attract and retain customers. Business leaders who are serious about becoming more customer-led can learn a lot from this fascinating study. Here’s why.

Study 100

Study e-support Competitive Advantage Touchpoint 100

Michel Falcon Experience

OCTOBER 23, 2014

The Experience Academy is a six module online course that will give you EVERYTHING you need to become more focused on your customers and employees. I’ve condensed 7 years and 1000′s of hours of studying to create a comprehensive digital course that will show you how to create a successful customer experience.

Course 154

Course Training Competitive Advantage Employee Experience 154

Blake Morgan

JANUARY 20, 2022

She uses her experience in advertising to help companies create customer-centric brands. On her blog, Denise shares insights and case studies from big brands. . Donna is an author, speaker and customer onboarding strategist. She uses her vast experience to help brands understand customers and personalize the experience.

Case Study 96

Case Study Customer Journeys Competitive Advantage Customer Centricity 96

BirdEye

MARCH 6, 2025

From cutting costs to streamlining operations and improving customer retention , there are multiple reasons why they matter to businesses of all sizes. Heres how they can help: Reducing costs while boosting efficiency AI chatbots can cut customer service costs by up to 30%. The result?

Chatbots 52

Chatbots Customer Engagement Engagement Marketing 52

Calabrio

NOVEMBER 18, 2015

Reality: In the Aberdeen study, 80 percent of the companies surveyed said they’re collecting enough data to measure performance, yet only six percent said they were “extremely satisfied” with their ability to use the data. Myth #2: You’ll have too much data. Myth #6: You have to struggle with a complicated, confusing interface.

Contact Center 124

Contact Center Net Promoter Score Data Effort Score 124

SurveySensum

JULY 26, 2023

It’s like a game of “now you see them, now you don’t” with customers jumping ship to competitors in the blink of an eye if they don’t feel valued and satisfied. It is far more expensive to acquire new customers than to retain existing ones and brands understand that. But why is that a big issue?

Customer Retention 52

Customer Retention Retail Strategy Social Media 52

Thematic

FEBRUARY 24, 2025

That’s the power of customer experience insights—real-time feedback and data-driven analysis that help businesses understand what customers want, what frustrates them, and how to improve their journey. Companies that actively apply customer insights boost retention, loyalty, and competitive advantage.

Strategy 62

Strategy Customer Experience Social Media Handbook 62

CCO Council

JUNE 24, 2014

Recommendation : The CCO should, with the support of the CEO, examine the policies, actions, and restrictions to ensure that customer needs are met on balance with business needs. This study clearly shows one thing: CCO''s are adding value to the bottom line.

Chief Customer Officer 85

Chief Customer Officer Customer Centricity Competitive Advantage B2C 85

Retently

MARCH 10, 2022

Great customer success is perhaps the single greatest defense you have against high churn. Some of the areas where the churn rate is affected most significantly are during the Onboarding, Product Adoption, Customer Retention , and Product Expansion stages.

Self Service 147

Self Service Poor Customer Service e-support Customer Success 147

Thematic

MARCH 2, 2025

Driving Smarter Business Decisions and Innovations Companies that embrace data-driven customer insights gain a competitive advantage. Customer-obsessed organizations report 41% faster revenue growth than those that are not. This allowed them to improve features based on real customer needs.

Customer Insights 62

Customer Insights Analysis Social Media Analytics 62

Inbenta

NOVEMBER 9, 2021

Digital transformation has affected almost every industry, as organizations try to gain a competitive advantage and cater to changing customer demands. For years, customers have been demanding more from their financial institutions. According to a study by Juniper , chatbots will save banks up to $7.3

Chatbots 95

Chatbots Banking Customer Care Self Service 95

Kustomer

OCTOBER 14, 2020

We all know that consumer relations are an important area for businesses to gain a competitive advantage, improve employee and customer engagement and, perhaps most importantly, retain loyal customers. HubSpot recently found that only a 5% increase in customer retention has the potential to increase revenue by 25-95%.

Customer Service Strategies 94

Customer Service Strategies Self Service Strategy Customer Service 94

SurveySensum

DECEMBER 18, 2024

It helps businesses understand how they stack up against others in the market and identify areas for improvement or competitive advantage. If your NPS score is equal to or more than the industry average, it indicates that your customers are loyal and are willing to refer to new customers as well.

Net Promoter Score 52

Net Promoter Score NPS Effort Score Survey 52

Kustomer

SEPTEMBER 1, 2022

Here are six ways companies can build and improve the customer experience without a massive reorganization. 6 Ways to Maintain a Strong Customer Service Strategy. HubSpot recently found that only a 5% increase in customer retention has the potential to increase revenue by 25-95%.

Customer Service Strategies 85

Customer Service Strategies Self Service Strategy Customer Service 85

Playvox

JANUARY 24, 2022

Delivering exceptional customer experiences is the new competitive advantage. Measuring the customer experience makes it easier to ensure that both your routine interactions and the moments that matter meet and exceed customer expectations.

Contact Center 88

Contact Center Measurement Customer Experience Net Promoter Score 88

Happy or Not

APRIL 1, 2025

However, without a proper customer feedback strategy, companies risk missing out on valuable feedback that could help them refine their customer engagement techniques and improve customer loyalty strategies. However, many companies focus too much on addressing customer pain points while neglecting what they are doing well.

Feedback 36

Feedback Net Promoter Score Effort Score Customer Retention 36

BirdEye

SEPTEMBER 8, 2023

Here are some key reasons why reputation matters: Trust and credibility A positive reputation helps build trust among customers, investors, and the general public. Customer retention Retaining customers is as important as acquiring new ones.

Financial 105

Financial Tips Management Social Media 105

Doug Leather

MARCH 4, 2014

Research regularly proves the chasm that exists between what senior executives believe customers think of them and their companies versus what customers actually think. NB: Customer Service is not customer management or customer experience – it is only 1 attribute of a customer-centric business).

Customer Centricity 44

Customer Centricity Strategy Competitive Advantage Customer Relationship Management 44

Storyminers

JULY 6, 2020

He held sales and technical leadership positions at IBM, where he advised companies on the strategic use of information technology to solve business problems and gain a competitive advantage. Bruce is widely viewed as a leading expert in how large organizations build differentiation with customer experience. Bruce Temkin.

Customer Experience 147

Customer Experience Customer Service Social Media Consulting 147

ClearAction

NOVEMBER 11, 2022

Embedding gratitude in your business strategies for customer, employee, and partner experience (CX, EX, PX), and beyond, will benefit your organization on every level, every day. When you express an attitude of gratitude, privately or publicly, studies show 5 levels of benefits: Emotional: self-esteem, coping, resilience, cheerfulness.

Strategy 71

Strategy Customer Experience Competitive Advantage Analysis 71