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A to Z Guide to Customer Experience Definitions and Terms (Updated)

Lumoa

Our A to Z Guide to Customer Experience Definitions and Terms covers everything you need to know, from clear definitions of key terms to a comprehensive overview of the topic. Customer churn is a critical metric because it is much less expensive to retain existing customers than it is to acquire new customers.

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The Definitive Guide to Creating a Standout Customer Experience Strategy

Lumoa

Before developing a customer experience strategy, you need to identify the metrics against which you will measure your performance. Key Metrics There are many metrics that can be used to measure the level of customer service and the quality of the customer experience.

Strategy 195
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Is the Net Promoter Score Metric Outdated?

Retently

That makes the Net Promoter Score, as of 2023, 20 years old — an eternity for a customer success metric in the fast-paced world of technology. After all, you’re in the “customer satisfaction bubble” — an awareness of customer satisfaction metrics and tools you’ve gained from using them frequently. The key takeaway?

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The Definitive Guide to Creating a Standout Customer Experience Strategy Template

Lumoa

Before developing a customer experience strategy, you need to identify the metrics against which you will measure your performance. Key Metrics There are many metrics that can be used to measure the level of customer service and the quality of the customer experience.

Strategy 195
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A Primer on the 3 Most Important CX Metrics: NPS, CSAT and CES

InMoment XI

But “it” is a multi-layered concept, and to truly understand customer experience at scale, you may need to track three very important metrics. Of course, no single metric is going to give you a complete picture, and you will have to discover how to adapt the big three to your business case. A Quick Definition to Get Us Started.

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What Is Sentiment Analysis? Definition, Types, Importance, and More

InMoment XI

If sentiment analysis is a concern for your business, then we have the solution. InMoment, the leader in people-oriented text analytics, brings advanced sentiment analysis to businesses in industries around the globe.

Analysis 370
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The Definition of Predictive Analytics in 2019

CloudCherry

The definition of predictive analytics is made of up of few different pieces: correlation analysis, which includes customer sentiment and impact analysis; and causal analysis, which includes path analysis. These metrics are important to understanding, but they can’t really inform ongoing business decisions. No more crystal balls.

Analytics 221