Vonage

APRIL 25, 2019

And although they should love engaging with customers, if the social customer care team sits within a customer service or operations group, it is likely going to be held to certain cost standards that will limit the extent to which increasing service inquiries is possible.

Social Media 321

Social Media Rewards Programs Feedback Call Center 321

BlueOcean

JANUARY 8, 2019

This is a knowledge gap that prevents companies from comprehensively understanding the impact of a single customer on their revenue, and, in turn, how their customer experience impacts the company’s success. The Cost of Customer Retention vs Acquisition. And read this next: Secrets to Incredible Customer Service with Paul R.

Lifetime Customer 299

Lifetime Customer Contact Center Poor Customer Service eBook 299

BlueOcean

MARCH 3, 2025

Will your customer experience be strengthened or hit a slump because of the programs in that budget? Not to add another thing to your plate (sorry), but theres another question to ask that can impact all those answers: Is this the year customer care outsourcing takes a more central role in your go-forward plan?

Contact Center 156

Contact Center Customer Journeys Culture Return on Investment 156

Opinionator

JANUARY 8, 2021

The power of ROI (return on investment) is undeniable when measuring customer experience. Even a small increase in positive customer experience (CX) can propel your revenue to new heights, increasing company profits considerably. A high ROI ratio is what companies look for. What is Customer Experience? Advertising.

ROI 98

ROI Customer Experience How To Effort Score 98

BlueOcean

FEBRUARY 27, 2018

If you answered “no, our social customer care is most definitely not kicking ass” – don’t worry, you’ve come to the right place. We’ve curated five thought-provoking blogs that will help you get on the path to best-in-class social customer care. Social Customer Care Cannot Be Ignored.

Omni-Channel 199

Omni-Channel Social Media Customer Service Contact Center 199

eglobalis

SEPTEMBER 28, 2024

Failure to Close the Loop on Customer Feedback: Instead of using customer feedback to improve services, some dealers in Europe—such as those in Ingolstadt and Pfaffenhofen, Bavaria—ignore or dismiss complaints. However, to grow further, it’s critical that dealers understand Toyota’s global strengths in customer experience.

Automotive 461

Automotive Loyalty System Return on Investment 461

C3Centricity

AUGUST 17, 2020

Contact us today for more information on adopting a customer-first strategy. With so much information available today, marketing is being challenged to demonstrate its ROI. This might explain why they are still putting their efforts into brand building, sometimes to the detriment of their customers, consumers and clients.

Strategy 296

Strategy Customer Centricity Social Media Analysis 296

InMoment XI

FEBRUARY 8, 2023

Most businesses are organized into silos: marketing, sales, operations, customer care, HR, IT, finance, etc. But customer experience is a ribbon that cuts across these silos, and an effective CX program ensures that hand-offs between silos are clean and that no facet of the customer experience falls into the cracks.

Sports 221

Sports Financial ROI Leadership 221

Blake Morgan

JUNE 21, 2022

In the early days of CampusLogic, President and COO Chris Chumley used ROI as a tool to gain new customers and establish credibility. Chumley says illustrating ROI starts by identifying the pain point. Where do customers face friction? Where is the frustration for customers and employees? Numbers don’t lie.

ROI 59

ROI How To Metrics Financial 59

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? But the revenue impact of customer satisfaction can and must be measured.

ROI 59

ROI Customer Experience Self Service How To 59

Interactions

JUNE 13, 2019

However, with the right technology, ROI and cost efficiencies can be just as transformational as an IVAs impact on customer care. Together, increasing revenue, decreasing costs, increasing operational efficiency, and maximizing customer loyalty can drive tremendous financial benefits to a business.

ROI 63

ROI Contact Center Survey Banking 63

BlueOcean

MARCH 14, 2024

Are you well positioned to integrate AI into your customer care? What does it really look like to source a strategic partnership with an outsourced customer care provider? But outsourcing your customer care partner isn’t a common procurement event. Do you have to scale for rapid growth or seasonal volume?

Contact Center 177

Contact Center Resources Hospitality Customer Care 177

C3Centricity

SEPTEMBER 3, 2018

My regular searches online include customer service, customer satisfaction, customer care and similar topic areas. Adding value to a company also increases the ROI of its marketing investments. Luckily, what’s good for the customer is good for business. By your customer care, that’s how.

Customer Centricity 240

Customer Centricity How To Customer Satisfaction Social Media 240

Natalie Petouhof

FEBRUARY 9, 2016

This new report looks at the importance of agile customer care. What exactly does agile customer care and agile customer experience mean? Traditional Customer Care Solutions Require Resources from IT and Result in Low Agent Productivity and ROI. that timeline could be weeks or months.

Customer Care 40

Customer Care ROI Training Report 40

ClearAction

SEPTEMBER 3, 2018

Are Your Customer Care Metrics Customer-Centric? Customer care metrics are a barometer of performance across a variety of customer interactions such as chat, text messages, email, social media and communities. Both of these orientations tend to be company-serving rather than customer-focused.

Customer Care 54

Customer Care Customer Centricity Metrics Social Media 54

Calabrio

AUGUST 7, 2019

Anyone working in the contact center industry knows Customer Contact Week (CCW) to be the end-all, be-all event for customer experience, contact center and customer care professionals. To further ensure a positive customer experience, quality scores represent 50 percent of each agent’s individual performance scorecard.

Contact Center 189

Contact Center Net Promoter Score Effort Score Gamification 189

GetFeedback

JANUARY 27, 2020

ROI: If VoC results aren’t tied to clear financial metrics or business goals, you can’t validate the impact of your program. This is of vital importance when customer feedback highlights recent or on-going situations that require immediate intervention to salvage a relationship.

How To 221

How To Customer Journeys Feedback Survey 221

BlueOcean

MARCH 14, 2024

Are you well positioned to integrate AI into your customer care? What does it really look like to source a strategic partnership with an outsourced customer care provider? But outsourcing your customer care partner isn’t a common procurement event. Do you have to scale for rapid growth or seasonal volume?

Contact Center 156

Contact Center Resources Hospitality Customer Care 156

Think Customers

DECEMBER 18, 2019

In the era of the customer, companies are adopting digital initiatives and making changes to established business models, processes, and systems to become customer-centric organizations. Since businesses are coordinating functions from sales and marketing to customer care, identifying the critical touch points is difficult.

ROI 52

ROI Leadership Financial Report 52

Kayako

OCTOBER 25, 2017

Our study shows that live chat is the preferred method of support for customers but the user experience is often handled incorrectly. Businesses still focus on quick response times, even though customers care more about their issues being resolved, even if it means waiting a little longer. High-quality support, quickly.

User Experience 211

User Experience Consumers Study Wait Times 211

ShepHyken

JULY 21, 2024

Measuring the Roi of Customer Experience by Annette Franz (CX Journey) Measuring return on investment, though it seems as simple as benefit divided by cost, is more detailed than that. Understanding the benefits, understanding the costs, and understanding all that impacts both components is critical to getting a true assessment of ROI.

Customer Service 87

Customer Service ROI Return on Investment Customer Journeys 87

Natalie Petouhof

SEPTEMBER 1, 2016

The report goes into a lot of detail so it’s clear how to calculate the ROI of social customer service: Many brands have experienced incidents where not taking care of an issue turned into a social media nightmare. Customer care extends far beyond the traditional call center. Costs of Investment.

ROI 45

ROI Social Media Airlines Customer Service 45

ClearAction

MAY 18, 2017

5 Radical Changes to VoC of the Future for ROI Maturity optimizecx. What’s the greatest challenge Voice of the Customer (VoC) managers face? Here are the radical changes I believe will be VoC of the future: (1) Let customers and employees give you feedback anytime , anywhere, any way. Value Chain Solution to VoC ROI.

ROI 54

ROI Feedback Survey Financial 54

ClearAction

JANUARY 28, 2015

Exploring the Elusive ROI of Customer Experience Management. Investments that entice CXM ROI include CRM, loyalty programs, references, engagement programs, content/digital marketing, alliances, advertising, campaigns, deals, and closing the loop on negative voice-of-the-customer one-by-one. The Focus on Profit Growth.

ROI 48

ROI Customer Experience Management Customer Experience Management 48

BlueOcean

OCTOBER 21, 2024

If youre ready to do the math, this formula can help you start to explore the cost of losing a customer. The LTV calculation can play an important role in determining the ROI of your customer care team and specifically, the customer save team.

Lifetime Customer 156

Lifetime Customer Poor Customer Service Social Media Customer Retention 156

ClearAction

MARCH 24, 2017

Value Chain Solution to VoC ROI Lynn Hunsaker. Voice-of-the-customer (VoC) ROI can be elusive unless you’re adamantly driving customer experience transformation. The key to VoC maturity and ROI is not sophistication or breadth of market research. That is what customers reward. What is a value chain?

ROI 48

ROI Effort Score B2B Customer Journeys 48

C3Centricity

DECEMBER 3, 2018

With so much information available today, marketing is being challenged to demonstrate its ROI. This might explain why they are still putting their efforts into brand building, sometimes to the detriment of their customers, consumers and clients. Even worse, the customer care centre was seen as mere complaint handlers.

Strategy 218

Strategy Poor Customer Service Social Media Analysis 218

Opinionator

JANUARY 8, 2021

The ROI (return on investment) of customer experience for a business is undeniably high. In fact we have previously said that ‘ Customer Experience is Everything ‘ Even a small increase in positive customer experience (CX) can propel revenue to new heights, increasing company profits considerably. Advertising.

ROI 52

ROI Customer Experience How To Customer Journeys 52

BlueOcean

SEPTEMBER 30, 2019

Higher call volumes leading to longer wait times for your customers and higher stress for your agents? Maybe it’s time to consider the benefits of outsourcing some or all of that customer care volume. And it doesn’t take a rocket scientist to figure out that vacant space has a negative impact on ROI.

Contact Center 149

Contact Center How To Self Service Omni-Channel 149

Natalie Petouhof

FEBRUARY 17, 2016

Tweet This report looks at how companies, using the right software, can gain ROI from Customer Service and Customer Experience. Customer Care as a cost center is an unfounded p aradigm. In fact, executives have long thought of customer service or customer care as a cost center.

ROI 40

ROI Report Self Service Customer Service 40

Lithium

SEPTEMBER 21, 2022

Customer care is convoluted at the best of times. While the customer can use your product or service wrong once, your customer care system has to be right every time. A few years ago, a Khoros customer found truly stunning success while using the Care platform, even when the odds were stacked against them.

ROI 52

ROI Social Media Customer Care System 52

Comm100

DECEMBER 14, 2017

The former get a new perspective and insight, while the latter appreciate the work going into the customer experience. Measuring ROI on Customer Experience Projects. Without measuring return on investment, customer experience improvement projects will be too expensive for many companies. Customer Experience Metrics.

Customer Experience 291

Customer Experience Strategy How To Effort Score 291

BlueOcean

AUGUST 7, 2018

You’re putting your brand and your customers in the hands of someone new, whose efforts will have a direct impact on your business, its ROI, and all its related KPIs. Contracting a new contact center outsourcer may be one of the most impactful decisions you make all year (no pressure, right?)

Contact Center 189

Contact Center Effort Score Culture Fashion 189

ClearAction

AUGUST 29, 2015

3 Types of Customer Experience Action Essential to ROI. If your recipe for customer experience ROI does not call for 3 types of action, it will probably flop. Addressing one at a time can help you save one customer at a time from defecting to your competition.

ROI 48

ROI Omni-Channel Customer Experience Employee Engagement 48

Lithium

SEPTEMBER 7, 2022

Digital customer care can meet and exceed your original ROI projects in several ways. However, poorly implementing a digital Care system can cost hundreds of thousands of dollars annually in wasted time and low NPS scores. For additional resources on the Khoros Care Platform, please visit these resources below!

ROI 52

ROI Social Media Effort Score Chatbots 52

NICE inContact

MAY 12, 2017

In 2017, it became increasingly clear that tracking a customer’s journey needs to be part of a broader corporate imperative to coordinate marketing, selling, service and customer care. Contact Centers 2020 : This session was part of a special conference-within-a-conference called Communications & Collaboration 2020.

Contact Center 120

Contact Center Connections Conference Case Study 120

Comm100

SEPTEMBER 6, 2022

But exactly how many live chat agents do you need to hire to provide the happily-ever-after customer service that you dream of? Agents taking care of a high number of chats per month is not a problem, unless it impacts on the quality of customer care.

Guidelines 246

Guidelines Customer Satisfaction Report Average Handle Time 246