InMoment XI

JULY 14, 2022

A global grocery retailer was facing the uncertainties of COVID-19 and through their struggle, they found a perspective that helped them focus on forwarding progression throughout the pandemic. The data showed that 64% of customers left a positive in-store survey response, which correlated to an average of 11% higher spending.

Feedback 397

Feedback Effort Score Retail Metrics 397

InMoment XI

MAY 3, 2024

At the heart of their success lies a robust customer experience (CX) programme, meticulously designed to elevate every touchpoint of the customer journey. In this blog, we dive into the details of how Foot Locker is revolutionising retail through its CX initiatives.

Retail 195

Retail Return on Investment ROI Analysis 195

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

Lumoa

FEBRUARY 2, 2023

Before the digital age, customer experience in retail was a completely different world. This guide will dig into everything you need to know about customer experience. We’ll cover its importance, provide strategies for improving it, and look at what the future holds for customer experience in retail.

Retail 221

Retail Net Promoter Score Strategy Customer Experience 221

Alida

APRIL 19, 2017

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. How retailers are bucking the trend.

Retail 173

Retail Company Sports Fashion 173

Lumoa

OCTOBER 20, 2022

Companies that rank the highest in customer experience surveys also have the highest scores for customer retention. This is because happy customers are less likely to churn and more likely to continue doing business with you. Another benefit of excellent customer experiences is improved customer retention.

Customer Experience 286

Customer Experience Banking Customer Retention Customer Satisfaction 286

Alida

JUNE 23, 2017

Now it’s clear that Amazon aims to sell customers everything, and therefore no retail spaces are safe,” writes Darrell K. What grocery players and other retailers can do to fight back. To survive retail’s next transformation, companies need to examine what makes Amazon a great company to begin with.

Retail 153

Retail Competitive Advantage Customer Centricity Innovation 153

Optimove

FEBRUARY 12, 2025

Discover the latest email strategies to grab the attention of your customers Download Now Why It Matters: The holiday season is critical for retailers as it often brings a surge in sales driven by new and one-time shoppers. Learn more about automated customer retention here. #6.

Customer Retention 52

Customer Retention Strategy Loyalty Programs eBook 52

ijgolding

OCTOBER 24, 2014

October 2014 was not the best day to be a shareholder of two of the world’s retail giants. Whilst the plight of Tesco was very visibly reported in the UK, the performance of an even bigger retail juggernaut was less so. All is not rosy in the supersize retail world it seems.

Retail 290

Retail Financial Report Customer Retention 290

InMoment XI

DECEMBER 10, 2024

How to Use NPS to Reduce Customer Churn Net promoter score (NPS) is a valuable metric for understanding customer loyalty and reducing churn. It categorizes customers as promoters, passives, and detractors to highlight the likelihood of customer retention. Customer Retention Versus Customer Acquisition ( [link] ).

Customer Journeys 195

Customer Journeys ROI Net Promoter Score Multi-Channel 195

ijgolding

SEPTEMBER 8, 2014

Disney will continue to deliver magic to children and adults all over the world for many years to come – but that magic is not just through the delivery of films and fun – it is also through the magic of amazing customer experiences. Thanks again Brian and Lorna for sharing the story.

Customer Experience 329

Customer Experience Customer Expectations Customer Retention Retail 329

InMoment XI

OCTOBER 23, 2024

Improving the customer experience in banking relies on a complete understanding of customer behaviors and expectations. Discover how to improve services in branch, commercial, digital, retail, and credit unions. Customer experience in retail banking Retail banking focuses on the individual customer’s needs.

Banking 195

Banking Customer Experience Effort Score Financial 195

Optimove

MARCH 12, 2025

Discover the latest email strategies to grab the attention of your customers Download Now Why It Matters: Retailers must implement strategic marketing efforts to drive early sales and maintain long-term success. Refine E-Commerce Websites for Conversions A seamless shopping experience can set up a retailer to drive early online sales.

Retail 52

Retail Sales Strategy Marketing 52

InMoment XI

OCTOBER 29, 2024

To see how you could maximize your business revenue and ROI with InMoment’s voice of the customer (VoC) tools, fill out the ROI calculator below! These actions add a personal touch, which creates stronger customer relationships. How Do You Measure Customer Loyalty Analytics?

Loyalty 195

Loyalty Customer Experience Net Promoter Score Social Media 195

Happy or Not

DECEMBER 9, 2024

Retaining customers is essential for business growth. At HappyOrNot, we understand that the key to boosting customer retention is effectively using feedback analytics. Feedback insights help craft a customer retention strategy that keeps loyal customers happy as well as attracts new ones.

Customer Retention 36

Customer Retention Analytics Feedback Analysis 36

ijgolding

AUGUST 3, 2018

Business transformation is no longer optional’ In the article, I specifically cited the example of the retail industry and the sad demise of Toys R Us, – as an industry that is perhaps being disrupted more than any other. I and my family have been ‘customers’ of FatFace for several years.

Case Study 191

Case Study Retail Study Policies 191

eglobalis

MARCH 30, 2025

In B2C retail, brands analyze product review text to discern sentiment about product features, informing quick tweaks. Real-world outcomes from comprehensive VoC programs include higher customer retention and satisfaction, precisely because issues are caught and addressed faster.

Survey 312

Survey Banking NPS Effort Score 312

InMoment XI

MARCH 4, 2022

Are you focused on increasing customer retention by identifying customers who had a poor experience? Do you want to “grade” your outlets or employees on their ability to serve customers? Do you want to assess which specific customer-handling processes are and are not working?

Survey 417

Survey Customer Experience Touchpoint Exercises 417

CSM Magazine

MARCH 24, 2022

In retail, the customer is king. It is common knowledge that the retail industry thrives on positive customer interactions and feedback, so when reviewing the ways in which organizations can grow and remain competitive in their field, it is vital to craft plans that revolve around optimizing the customer experience.

Retail 119

Retail Self Service Customer Experience How To 119

ijgolding

DECEMBER 9, 2014

A few years ago (I think it was 2010), I purchased a pair of Converse trainers from online retailer JD Williams. Communication Channels Customer retention and loyalty Retail birthday emails customer experience customer loyalty Customer Retention email marketing JD Williams NH Hotels online marketing'

Hotels 212

Hotels Customer Retention Retail Communication 212

InMoment XI

JUNE 7, 2018

Car dealers have been stuck in a “transactional model” for far too long, giving less equal priority to the customer experience. And in many cases, customer retention is automatically assumed in far too many transactions.

Retail 150

Retail Customer Retention Customer Experience Automotive 150

InMoment XI

JUNE 7, 2018

Car dealers have been stuck in a “transactional model” for far too long, giving less equal priority to the customer experience. And in many cases, customer retention is automatically assumed in far too many transactions.

Retail 150

Retail Customer Retention Customer Experience Automotive 150

ShepHyken

JANUARY 12, 2025

Beyond the First Purchase: How AI Is Transforming Customer Retention Strategies by Erik Huberman (Grit Daily News) Diving deeper into the transformational role of AI in customer retention, were not just witnessing a shift. Were at the forefront of a revolution that redefines the very essence of customer relationships.

Customer Service 73

Customer Service Customer Retention Call Center Sales 73

InMoment XI

NOVEMBER 2, 2021

Customer Acquisition Customer Retention Cross-sell & Upsell Cost Reduction. #1: 1: Customer Acquisition. A well-built voice of customer (VoC) program enables organizations to anticipate what new customers are seeking in a brand and thus be ahead of the curve. 2: Customer Retention.

ROI 195

ROI Customer Retention Infographics eBook 195

InMoment XI

NOVEMBER 20, 2023

Customer retention rates and customer service can be improved by using AI to actively listen for qualitative feedback and elicit more valuable responses. This personalization not only enhances customer satisfaction but also drives sales and fosters brand loyalty.

Customer Experience 243

Customer Experience Strategy Chatbots e-support 243

Experience Investigators by 360Connext

FEBRUARY 1, 2022

Retailers often ask executives to spend a day working alongside frontline workers a few times a year. And others sit in with customer service representatives to listen directly to the feedback they are receiving. . Doordash made news announcing their WeDash program, where everyone (CEO included!) It’s literally a win/win.

Customer Experience 376

Customer Experience Net Promoter Score Customer Experience Management Feedback 376

C3Centricity

AUGUST 17, 2020

And many companies are already failing fast, although it is said that for many retailers, the pandemic only sped up their likely appearance in bankruptcy courts. For more on this I suggest you read “As pandemic stretches on, retail bankruptcies approach highest number in a decade.” Customers 2020 Report.

Strategy 296

Strategy Customer Centricity Social Media Analysis 296

CloudCherry

FEBRUARY 26, 2019

More firms choose to adopt analytics to increase customer acquisition: ‘Increasing customer acquisition and targeting’ is the top driver that encourages organizations to adopt measurement and analytics, with 57% of respondents opting for it. Customer Analytics and its diverse applications.

Analytics 256

Analytics Report Analysis Study 256

ShepHyken

MAY 24, 2021

Too many times we focus on being competitive with our competition, versus being competitive for the customer. Best Customer Retention Techniques for Startup in 2021 by Luke Fitzpatrick. My Comment: Want to keep your customers coming back? My Comment: For those in the retail business, this is an article for you.

Customer Service 159

Customer Service Customer Retention Loyalty Retail 159

CSM Magazine

FEBRUARY 6, 2025

Heres why a customer service roadmap is a necessity: Improved Team Alignment: A roadmap ensures your team understands shared objectives and works toward common goals. Customer Retention: Clear strategies lead to improved experiences, encouraging repeat customers.

Roadmap 83

Roadmap Self Service Customer Service Customer Journeys 83

InMoment XI

AUGUST 19, 2024

Why is Customer Experience ROI So Important? Investing in customer experience isn’t just about making customers happy—it’s about driving substantial business growth. As a result, ROI becomes a crucial metric in customer experience metrics for any business focused on achieving lasting success.

ROI 195

ROI Customer Experience Net Promoter Score Effort Score 195

eglobalis

OCTOBER 1, 2024

Each team is aligned to improve customer satisfaction, and no department is left behind. To facilitate collaboration between CX (Customer Experience) and Finance, the company can set a shared KPI related to customer retention rates and link it to financial performance metrics.

Customer Journeys 440

Customer Journeys Culture Leadership Effort Score 440

ijgolding

NOVEMBER 25, 2014

What to do about Wi-Fi is a similar conundrum to the subject of ‘free delivery’ faced by retailers four to five years ago. Reluctant to give up a ‘revenue stream’, would failure to offer a free delivery option ultimately lead to losing customers altogether?

Social Media 212

Social Media Hotels Entertainment Retail 212

ijgolding

DECEMBER 22, 2014

These pieces of plastic are all to do with loyalty schemes – coffee shops; retailers; hotels – and this is not all of them!!! The picture at the head of this post is a ‘collage’ of plastic I removed today from my wallet – you will also notice additional pieces of plastic that are also attached to my keys.

Loyalty 268

Loyalty Hotels Customer Retention Consumers 268

ShepHyken

SEPTEMBER 13, 2021

What Is Customer Loyalty and Retention (And 3 Tips for Improvement) by Scott Clark. CMSWire) Although the terms “customer loyalty” and “customer retention” are often used interchangeably, they actually refer to two different things.

Customer Service 156

Customer Service B2C B2B Customer Retention 156

Experience Investigators by 360Connext

JANUARY 7, 2025

Your CX strategy should reflect where your organization currently stands with its customer experience and define a clear vision for where you can go next. A well-defined CX strategy can help you drive tangible business outcomes: Greater customer retention, a stronger brand reputation, and faster revenue generation.

Customer Journeys 143

Customer Journeys Strategy Customer Experience Touchpoint 143

ShepHyken

AUGUST 28, 2020

He writes about the advantages of contactless transactions for both employees and retailers during the pandemic and beyond. But one pandemic-driven technological shift that is gaining more attention in the retail sector than any other measures and will remain even after the pandemic is over, is – contactless payment. FOR RETAILERS.

Retail 94

Retail Customer Experience Technology Consumers 94