Experience Investigators by 360Connext

APRIL 23, 2024

Let’s explore customer experience management (CEM), its pivotal role in shaping customer lifetime value , and strategies for measuring the return on investment of CX initiatives. Using before and after data, A/B tests, and pilot programs can clearly show return on investment. It’s time to make your case.

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

Lumoa

NOVEMBER 29, 2021

The people driving customer experience improvements are not always able to quantify the improvements in monetary terms (determining the ROI of customer experience). Our customer satisfaction increases – so what? If you improve the availability of customer support agents, you certainly know how much it is going to cost.

ROI 243

ROI Customer Experience NPS Financial 243

TechSee

SEPTEMBER 26, 2024

In today’s competitive business landscape, enterprises constantly seek new ways to boost efficiency, improve customer satisfaction, and reduce operational costs. For enterprise leaders looking to optimize their customer service operations, the return on investment (ROI) of Agentic AI is undeniable.

ROI 109

ROI Strategy Average Handle Time Net Promoter Score 109

InMoment XI

NOVEMBER 15, 2023

It involves the use of various metrics and methods to gain valuable insights into how customers perceive and interact with a business. By delving into these insights, companies can make data-driven decisions to enhance customer satisfaction and customer loyalty. What Are the Benefits of Customer Experience Analytics?

Analytics 243

Analytics Customer Experience e-support Net Promoter Score 243

Lumoa

SEPTEMBER 11, 2023

Before developing a customer experience strategy, you need to identify the metrics against which you will measure your performance. Criteria like your company’s Net Promoter Score (NPS) or Customer Satisfaction Score (CSAT) will give you a fair idea of what customers’ opinions are like.

Strategy 195

Strategy Customer Experience Net Promoter Score Effort Score 195

Lumoa

SEPTEMBER 11, 2023

Before developing a customer experience strategy, you need to identify the metrics against which you will measure your performance. Criteria like your company’s Net Promoter Score (NPS) or Customer Satisfaction Score (CSAT) will give you a fair idea of what customers’ opinions are like.

Strategy 195

Strategy Customer Experience Net Promoter Score Effort Score 195

Alida

MARCH 21, 2018

Similarly, customer experience (CX) and market researchers must look beyond just fixing individual transactions and in-the-moment interactions with consumers to effectively demonstrate the return-on-investment (ROI) of their research efforts to the executive suite. What they need is a full picture—the “why” of customer behavior.

ROI 252

ROI Net Promoter Score NPS Effort Score 252

Lumoa

JULY 10, 2018

The people driving customer experience improvements are not always able to quantify the improvements in monetary terms. Our customer satisfaction increases – so what? If you improve the availability of customer support agents, you certainly know how much it is going to cost. Does it increase our revenue or profit?

ROI 284

ROI Customer Experience NPS Financial 284

NobelBiz

NOVEMBER 13, 2023

As businesses prioritize customer satisfaction, understanding the nuances of measuring Customer Experience Return on Investment (CX ROI) has emerged as a strategic imperative. The capacity to measure and quantify the return on investment (ROI) of CX initiatives is critical for businesses to thrive.

ROI 111

ROI Net Promoter Score Measurement Customer Experience 111

Lumoa

APRIL 28, 2024

Companies use surveys, NPS, CSat, and reviews to gauge customer sentiment but often base improvements on intuition. Implementation When we talk about return on investment, one additional factor is the implementation time or “time to money”. How fast can you use the tool that you just bought? Read the full story.

Self Service 195

Self Service Customer Journeys Feedback Multi-Channel 195

Gainsight

JUNE 21, 2022

From the Index, three primary trends that companies are pointing their customer success teams and organizations towards emerged, and they deserve further highlighting: Integrating customer success into expansion and renewals. Improving user NPS with success plans. Simple strategies for newly formed Customer Success teams.

Net Promoter Score 52

Net Promoter Score Trends NPS Return on Investment 52

Think Customers

JULY 25, 2024

Introduction The Net Promoter Score (NPS) has long been a widely used metric for assessing customer loyalty, satisfaction, and the potential for customer churn as a relationship and transactional metric. The Inadequacies of NPS NPS is centered on a single question: “How likely are you to recommend us?”

Metrics 40

Metrics Analysis Feedback NPS 40

Horizon CX

MARCH 1, 2021

Customer Satisfaction & Loyalty vs. Quarterly Numbers—The Conflict. As the Senior Manager of Customer Experience, I found myself amidst an executive leadership conflict that had been playing out for a few years and way above my pay grade. Or better asked, which comes first, the monthly numbers or customer satisfaction?

ROI 130

ROI Return on Investment Financial Customer Satisfaction 130

ChurnZero

JANUARY 5, 2022

Several factors drive CS, including onboarding and training, customer fit, product usage, and return on investment. Customer Success teams use the data gained from customers’ interactions with the product, both positive and negative, to suggest product changes that can further improve outcomes.

Customer Success 98

Customer Success Customer Experience Net Promoter Score Return on Investment 98

InMoment XI

OCTOBER 24, 2023

This alignment ensures that every insight, every decision, and every action contributes to a cohesive strategy, maximizing the return on investment. As highlighted by Gartner, the power of contact center analytics is undeniable, with companies witnessing a significant uptick in customer satisfaction rates.

Contact Center 195

Contact Center Analytics Multi-Channel Effort Score 195

Inbenta

FEBRUARY 20, 2020

Determining the return on investment of self-service in general is a tricky exercise and it can often be easier to do the maths on a specific tool such as conversational chatbots or Knowledge Management. Chatbots return on investment calculation. KM Return on Investment Calculation. Assess costs.

Self Service 116

Self Service Chatbots ROI Return on Investment 116

GetFeedback

MAY 9, 2019

Customer experience management (CXM) is the process of designing and optimizing customer interactions to meet or exceed customer expectations. What this actually looks like will vary by company, but the goal of CXM is always to increase customer satisfaction, loyalty, and brand advocacy while cutting costs.

Customer Experience 337

Customer Experience Customer Journeys Effort Score Metrics 337

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 238

Customer Experience Strategy How To Effort Score 238

Beyond Philosophy

NOVEMBER 10, 2014

For many years, there has been a debate whether you could assign a dollar amount to determine the return on investment for any Customer Experience improvements. Customer Satisfaction results in a higher share price. Keeping Customers results in a high increase in value. So, there you have it.

Net Promoter Score 164

Net Promoter Score ROI Customer Experience Insurance 164

NobelBiz

FEBRUARY 14, 2023

Customer Relationship Management (CRM) is a strategy businesses use to manage interactions with existing and potential customers. CRM aims to improve customer satisfaction and loyalty and, ultimately, increase revenue. This can lead to increased customer loyalty and repeat business.

Contact Center 52

Contact Center CRM Measurement Strategy 52

ChurnZero

JUNE 21, 2022

Customer Success enablement professionals should understand how to maximize return on investment (ROI) as well as have a strong technical understanding of the products your company develops. This way, they can aid Customer Success teams in their initiatives to achieve customer satisfaction and build loyalty. .

Customer Success 94

Customer Success Net Promoter Score Return on Investment Metrics 94

SurveySensum

JULY 2, 2024

The tools also help analyze the feedback surveys and provide insights that help businesses make better customer-centric decisions. Also, if your customer feedback tool connects with your existing apps and technology, the workflow will be smooth, enriching your experience with the software.

Comparison 52

Comparison Tools Feedback Multi-Channel 52

CSM Magazine

DECEMBER 8, 2022

A customer experience strategy is a plan of action to improve the overall customer experience at every touch point in the customer journey, pre and post-sales. A solid CX strategy outlines defined goals and actionable steps to help analyze and optimize CX efforts to increase customer satisfaction overall.

Self Service 52

Self Service Net Promoter Score Strategy Customer Experience 52

Retently

MARCH 26, 2024

Some may require advanced analytics capabilities to dive deeper into open-ended responses, while others prioritize survey customization options or the availability of industry-specific survey templates. Moreover, different industries might have unique requirements that demand specialized survey tools.

Survey 78

Survey Multi-Channel Effort Score Analysis 78

Kayako

JUNE 1, 2017

But they also found customer satisfaction was severely impacted by replies from colleagues who simply didn’t have the required customer service skills. All Hands Support assumes that customer support is such an easy job that anyone in the company can do it well. 5 Costly Mistakes in Voice of the Customer Programs.

Customer Service 205

Customer Service Return on Investment Customer Satisfaction Fashion 205

Totango

JUNE 28, 2022

Let’s look at three things CMOs should do during tumultuous economic times to support their current customer base and promote retention and expansion. . Maximize Your Return on Investments. During an economic downturn, your greatest investment should be in your current customer base.

Return on Investment 76

Return on Investment Competitive Advantage ROI Effort Score 76

customer sure

MARCH 18, 2024

Getting Voice of the Customer right isn’t a ‘nice to have’, it’s a competitive advantage. A VoC programme which not only prioritises insights for service improvement, but – critically — enables real-time service recovery will: Enhance customer satisfaction , leading to greater spend, cross-sell, and upsell.

Touchpoint 62

Touchpoint How To Return on Investment Competitive Advantage 62

Totango

JULY 1, 2022

In a B2B SaaS context, SaaS customer loyalty is expressed primarily through actions like subscription renewals, upsell purchases, referrals and product engagement. B2B SaaS customer loyalty can be quantified through key performance indicators. Why is Customer Loyalty Important for B2B SaaS Businesses?

B2B 111

B2B Loyalty Net Promoter Score B2C 111

Talkdesk

SEPTEMBER 18, 2020

There are various ways of addressing this question and we will be discussing a few below; but in a nutshell, link everything with return on investment (ROI) — both qualitative and quantitative. A common question that arises is, “How do I set up a knowledge management strategy when most of my team is remote, and measure its efficacy?”

Self Service 116

Self Service Management Net Promoter Score Average Handle Time 116

Eptica

MARCH 28, 2018

Author: Olivier Njamfa Businesses have been running Voice of the Customer (VoC) programs for some time , but in many cases overall customer satisfaction has actually deteriorated. One reason for this is a focus on using customer feedback from surveys to drive VoC programs, which gives an incomplete picture of consumer needs.

ROI 65

ROI Net Promoter Score Return on Investment Effort Score 65

Totango

JUNE 24, 2022

SaaS companies face an array of distinctive challenges in defining, delivering, and measuring customer success. You’re not only obliged to deliver high value with superior service, but you also need to deliver a smooth, no-hassle digital experience to keep customers happy. Customer satisfaction metrics, such as Net Promoter Score.

Customer Journeys 106

Customer Journeys Customer Success Net Promoter Score B2C 106

Beyond Philosophy

JANUARY 19, 2019

Having a record of your return on investment (ROI) for Customer Experience programs is vital. You can have an increase in your NPS (Net Promoter Score, which indicates your customers will recommend you to family and friends). An increase in sales is excellent. But not all ROI is sales-based.

Net Promoter Score 84

Net Promoter Score Marketing ROI Return on Investment 84

Beyond Philosophy

JANUARY 19, 2019

Having a record of your return on investment (ROI) for Customer Experience programs is vital. You can have an increase in your NPS (Net Promoter Score, which indicates your customers will recommend you to family and friends). An increase in sales is excellent. But not all ROI is sales-based.

Net Promoter Score 79

Net Promoter Score Marketing ROI Return on Investment 79

NobelBiz

MAY 21, 2024

Here are a few essential processes, tools and integrations that are needed in an inbound contact center: Call Routing Efficient call routing ensures that customer calls are directed to the appropriate agent or department based on the nature of their inquiry, improving response times and customer satisfaction.

Call Center 52

Call Center Contact Center Effort Score Average Handle Time 52

SurveySensum

SEPTEMBER 11, 2023

Customer Experience This category is all about understanding your customers’ feelings and experiences with your product. Key metrics include: Net Promoter Score: NPS gauges customer loyalty by asking how likely customers are to recommend your product to others. But why measure it? But why measure it?

Metrics 52

Metrics Effort Score Net Promoter Score Measurement 52

ChurnZero

JUNE 21, 2022

Customer Success enablement professionals should understand how to maximize return on investment (ROI) as well as have a strong technical understanding of the products your company develops. This way, they can aid Customer Success teams in their initiatives to achieve customer satisfaction and build loyalty. .

Customer Success 52

Customer Success Net Promoter Score Return on Investment Metrics 52

Confirmit

SEPTEMBER 27, 2017

The case studies featured in our 2017 ACE Award Winners' Showcase demonstrate how the Voice of the Customer has the power to drive an organization forward, delivering positive customer experiences, changing business culture, and generating significant Return on Investment.

Case Study 40

Case Study Return on Investment Hospitality Insurance 40