Think Customers

JUNE 13, 2024

This article was written as part of a partnership between 1to1 Media and the European Customer Experience Organization. Talk to someone like Lynn Hunsaker and she’ll tell you there’s some 24 metrics to convey the value of the customer experience. She’s dissected and painstakingly diagrammed each one. Hunsaker gets it.

ROI 64

ROI Chief Customer Officer Metrics Return on Investment 64

InMoment XI

OCTOBER 4, 2024

Managing this experience through a customer-centric approach can help businesses strengthen their customer relationships for long-term success. What is Customer Experience Management? To grasp customer experience management, it’s essential to first understand customer experience itself.

Customer Experience Management 195

Customer Experience Management Customer Experience Management ROI 195

TechSee

MARCH 4, 2024

Enterprise leaders are constantly seeking innovative ways to improve their customer experience (CX), ideally while improving their bottom line. What is the ROI of Generative AI in CX? Over-automating can lead to a depersonalized customer experience and potential customer dissatisfaction.

ROI 109

ROI Financial Net Promoter Score Effort Score 109

TechSee

MARCH 4, 2024

Enterprise leaders are constantly seeking innovative ways to improve their customer experience (CX), ideally while improving their bottom line. What is the ROI of Generative AI in CX? Over-automating can lead to a depersonalized customer experience and potential customer dissatisfaction.

ROI 109

ROI Financial Net Promoter Score Effort Score 109

ClearAction

JULY 8, 2024

CX ROI Metrics Roadmap Lynn Hunsaker Your CX ROI metrics roadmap is a cause-and-effect sequence that multiplies growth. All customer experience metrics used today are lagging indicators of growth. You’re measuring what already happened with customers. A leading indicator shows what customers will soon experience.

Roadmap 48

Roadmap ROI Metrics Chief Customer Officer 48

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

Customer Bliss

MAY 9, 2018

I’ve been asked, “How do you persuade top management that customer centricity is not a cost?” ” In order to do so, you must affect change in four areas that shift the mindset of the leadership team and elevate the customer within the consideration set. Pivotal Leadership Shift: Elevate Customers as Assets.

ROI 245

ROI Customer Experience How To Leadership 245

ClearAction

NOVEMBER 3, 2023

How to Quantify CX ROI Lynn Hunsaker Quantifying CX ROI has been a top challenge, but it’s amazingly simple when you take the right approach. This CX issue costs 20 hours weekly for Customer Service reps 4 hours weekly are spent on escalations and paperwork associated with returns, refunds, etc. What will the ROI be?

ROI 62

ROI How To Groups Course 62

Totango

OCTOBER 14, 2024

Key takeaways : Sales leaders should ask potential customers about the outcome they need to achieve to be successful. Starting with an outcome focus makes it easier for sales leads to kick off an entire customer lifecycle, rather than just a quick handoff. This blog shares a few key takeaways.

Sales 62

Sales Customer Success ROI Tips 62

ECXO

JULY 29, 2024

Designing and Rolling Out a Global Customer Experience Strategy Introduction Delivering exceptional customer experience (CX) is essential for any successful business. This strategy should include a thorough understanding of customer behaviors and preferences, aligning internal processes and culture with these insights.

Strategy 375

Strategy Customer Experience Net Promoter Score Effort Score 375

Zeisler Consulting

AUGUST 17, 2021

Articulating the return on investment (ROI) of Customer Experience efforts is a recurring theme among CX professionals. As I moderate panels on webinars and sit as a guest on podcasts, listen to my peers talk, and read articles, I hear the questions all the time: How do you define the ROI? How do you sell CX to leadership?

ROI 93

ROI Chief Customer Officer Leadership Return on Investment 93

InMoment XI

AUGUST 3, 2022

One family decided to perfect freshly sliced sandwiches, custom menu items, and a never before seen “light” menu that features low calorie salads and sandwiches. Despite their global and loyal fanbase, the quick service restaurant chain experienced a period of stalled sales and mixed reception to marketing messages.

Customer Experience 397

Customer Experience Guest Experience Return on Investment ROI 397

Comm100

MAY 5, 2022

Digital technology has transformed customer expectations in recent years, and the banking industry is now playing catch-up. Live chat is being introduced across the banking industry to offer customers a more flexible way to connect, but there’s still room for improvement. Top 5 benefits of banking AI chatbots. Decreased wait times.

Chatbots 130

Chatbots Banking ROI Omni-Channel 130

Integrity Solutions

MAY 14, 2024

For many in sales, negotiation is one of the most challenging aspects of the job. “Winning” means convincing the customer to accept your point of view—even if the outcome isn’t necessarily in the customer’s best interest. . But sales negotiation shouldn’t be an adversarial experience.

Sales 97

Sales Exercises Communication ROI 97

BlueOcean

OCTOBER 21, 2024

Listen to the audio via our podcast here: One negative customer experience may seem like a drop in the ocean of all your shopper interactions, but it’s never that simple. TL;DR: With every customer loss, you’re missing out on prospects and falling short of your lifetime customer value potential. Too tired to read?

Lifetime Customer 156

Lifetime Customer Poor Customer Service Social Media Customer Retention 156

Integrity Solutions

NOVEMBER 29, 2022

While investing in sales training can produce a range of benefits, all of us in sales know it all boils down to the bottom line. Here are the sales training metrics you should be using to measure your success. How to Determine Sales Training Metrics. How to Determine Sales Training Metrics.

Training 88

Training Metrics Sales ROI 88

eglobalis

JUNE 27, 2024

Introduction Delivering superior customer experience (CX) is paramount for business success. A well-crafted CX strategy transcends the superficial touchpoints of customer interaction, delving into the cohesive integration of all company divisions to deliver consistent, high-quality customer interactions.

Strategy 369

Strategy Customer Experience Net Promoter Score Customer Centricity 369

Lumoa

JULY 10, 2018

Most business leaders believe that customer experience will be the key driver for their company’s competitiveness going forward. However, when it comes to the actual customer experience management, things get difficult. It is not too difficult to listen to the customer. And yet still, acting on the customer feedback is hard.

ROI 284

ROI Customer Experience NPS Financial 284

C3Centricity

APRIL 9, 2024

It involves understanding the needs, desires, and behaviours of your customers/consumers/clients (C³ – now you know where our company name comes from!) B2B decisions are driven by logic and ROI. B2C Marketing At the heart of all effective marketing strategies lies the principle of satisfaction and connection.

B2C 287

B2C B2B Strategy Marketing 287

InMoment XI

NOVEMBER 7, 2024

Did you know that 92% of customer relationship management (CRM) leaders say AI and automation have improved customer service response times? What is Customer Experience Automation? Customer experience automation refers to automating interactions or touchpoints throughout the customer journey.

Customer Experience 195

Customer Experience Customer Journeys CRM e-support 195

C3Centricity

SEPTEMBER 17, 2024

A customer-first strategy has emerged as a pivotal approach to business success in every industry, prioritizing customers’ needs, preferences, satisfaction and delight across all facets of an organisation. This highlights a significant gap that customer-first strategies aim to fill by fostering transparency and building trust.

Loyalty 156

Loyalty Strategy Social Media Analytics 156

Integrity Solutions

APRIL 19, 2024

Mastering the human side of selling is key to sales success, but what does phrase that mean exactly? At its essence, humanizing the sales experience is really about personalization. The desire for a personalization in the sales experience has only grown in recent years. The same holds true across the sales-service continuum.

Sales 105

Sales Loyalty Contact Center Communication 105

Circular Edge

JUNE 22, 2023

Quantifying that value — the return on investment (ROI) of your ERP — is crucial to building a business case that justifies an ERP investment in the first place. But because ERP systems have the potential to touch so many different aspects of a business, quantifying their impact — and, therefore, their ROI — can be complex.

ROI 52

ROI System Return on Investment Resources 52

eglobalis

JULY 31, 2024

Ahead of the Curve: MarTech-Driven Customer Experience Evolution Introduction In today’s hyper-competitive market, delivering a superior customer experience (CX) is paramount for businesses striving to differentiate themselves. This data aggregation enables businesses to deliver highly targeted and relevant marketing messages.

Customer Experience 328

Customer Experience Social Media Analytics Chatbots 328

Integrity Solutions

MAY 23, 2023

Sales prospecting is vital to the success of any sales organization. Simply learning how to find, approach and engage new customers is at the heart of being able to meet and exceed your sales goals. Why Is Sales Prospecting More Important Than Ever? What is Sales Prospecting?

Sales 93

Sales Connections Social Media Effort Score 93

Thematic

FEBRUARY 27, 2024

We all know that happy customers are good for business. Because feelings are hard to measure, and those feelings often live at the heart of the customer experience. Companies focused on delivering a great customer experience (CX) see up to 60% higher margins than the competition! Every abandoned cart, every frustrated customer.

ROI 62

ROI Report Customer Experience How To 62

InMoment XI

AUGUST 9, 2024

The way you feel about that brand is because of the customer experience you have every time you make a purchase. The customer experience you have with a brand will cause you to be a lifelong customer, or never shop there again. What is Customer Experience (CX)? Why is Customer Experience Important?

Customer Experience 221

Customer Experience Customer Journeys Effort Score Net Promoter Score 221

CSM Magazine

JUNE 20, 2023

Every successful business knows that providing quality customer service is essential in getting customers to keep coming back. But when it comes to maximizing ROI, it should be at the top of your list. Moreover, ROI is a metric used to calculate the financial gain or loss from an investment.

ROI 52

ROI Customer Service Marketing Social Media 52

SurveySensum

SEPTEMBER 25, 2023

Businesses of all sizes are using videos to reach their target audience, build relationships with customers, and drive sales. The answer is simple: listen to your customers. Customer feedback is the key to creating video content that resonates with your audience and achieves your marketing goals.

ROI 52

ROI Video Feedback Marketing 52

Gainsight

MARCH 4, 2024

As a training or operations professional, you’ve probably faced plenty of questions regarding ROI (return on investment) from colleagues when evaluating an online learning initiative. When the experience is good, customers are pleased and will give your organization high customer satisfaction scores.

ROI 52

ROI Training How To Course 52

ClearAction

SEPTEMBER 22, 2022

CX Annuities Solve CX ROI & Tenure Dilemmas Lynn Hunsaker. CX annuities is a phrase I coined to represent massive savings and impressive gains available through a different approach to management of customer, partner, and employee experience. Even so, experience managers grapple with demonstrating ROI. is CX Annuities.

ROI 62

ROI Sports Loyalty Programs Touchpoint 62

Thematic

FEBRUARY 27, 2024

We all know that happy customers are good for business. Because feelings are hard to measure, and those feelings often live at the heart of the customer experience. Companies focused on delivering a great customer experience (CX) see up to 60% higher margins than the competition! Every abandoned cart, every frustrated customer.

ROI 62

ROI Report Customer Experience How To 62

ECXO

APRIL 24, 2024

gdcvte Simplifying CX Design: How Leading Enterprise Tech Firms Overcome Complex Challenges Part I The article was originally posted here: [link] Seamless customer experiences and clear interfaces are two key elements leveraged by successful tech enterprise to generate adoption, with design being the key to overcoming solution complexity.

ROI 314

ROI B2B Software System 314

InMoment XI

OCTOBER 25, 2024

Customers love talking about their experiences, especially if they had an exceptionally good or bad time. The average customer sentiment across the online space contributes to the restaurant’s reputation. In fact, 22% of customers will not dine at a restaurant after reading a single negative review!

Feedback 195

Feedback Management Social Media ROI 195

Lithium

SEPTEMBER 20, 2022

Welcome back to Titans of Customer Engagement, A Customer Experience Podcast by Khoros. High level approaches to measurement of ROI. To hear more interviews like this one, subscribe to Titans of Customer Engagement on your favorite podcast platform to hear more interviews like this one. Apple Podcasts.

ROI 52

ROI Sales Consulting Measurement 52

Blake Morgan

JUNE 21, 2022

? ?. Investing in customer experience is just that—an investment. Being able to prove the return and value of that investment is crucial for all companies, especially startups and those looking to get new customers on board. . Chumley says illustrating ROI starts by identifying the pain point. Where do customers face friction?

ROI 59

ROI How To Metrics Financial 59

Gainsight

OCTOBER 14, 2022

“What is ROI? Is it different for every customer?”. These are just a few of the questions that customer success (CS) experts explored in a recent episode of CS Essentials by Gainsight: Talking About ROI , a Success League Radio production. Customer Experience . How do you measure it?

ROI 52

ROI e-support eBook Roadmap 52