Tue.Jul 23, 2024

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Unveiling Key Online Shopping Trends for 2024

IntouchInsight

The future of online shopping looks incredibly promising, with e-commerce spending projected to reach $1.2 trillion in 2024. To understand how shopping habits are evolving, we surveyed over 1,500 customers across North America. Our Retail Technology Consumer Perception Survey explores differences in shopping habits by age, the rise of chatbots, the impact of personalized advertising, and advancements in retail AI technology.

Trends 156
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Unlocking the Huge Untapped Potential for SMEs through the Superior Use of Data

C3Centricity

All CEOs face many challenges, perhaps those of small and mid-sized companies more so than others. However, the current data-rich environment offers an enormous untapped potential for SMEs. Let me explain. Today’s technically advanced and data-rich environment makes the strategic use of data a crucial element for success. While many companies recognise the importance of its leverage for marketing purposes, an often overlooked aspect holds immense potential: the comprehensive and superior u

Data 157
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Ecommerce Customer Experience: How to Improve and Measure It

InMoment XI

As digital transactions become more prevalent, the ecommerce customer experience is critical for its success. Brands that prioritize this aspect of business often find themselves leading the market, while those that neglect it struggle to compete in a crowded landscape. This post is all about exploring what ecommerce customer experience is, why it is important, and how you can enhance it to boost your business.

Ecommerce 195
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[Experience Action Podcast] Customer Service or Customer Experience

Experience Investigators by 360Connext

Can understanding the difference between customer experience and customer service revolutionize your business strategy? Join me, Jeannie Walters, as we unpack this game-changing distinction and explore why it’s so important to have both represented in your organizations in powerful ways. Every single business leader should absolutely care about customer service, but you’ll hear why they should care about customer experience as well.

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2024 State of Customer Education Report

Customer education has become a key driver for growth, retention, and product adoption. Our latest 2024 State of Customer Education Report uncovers critical data and insights from a survey of over 200 industry leaders, offering a look at the evolving role of education in driving business success. Inside, you'll find data on key trends and strategies, including: Strategies for Scaling & Customization: Find out which investments in learning technology deliver the biggest ROI and scalability.

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The Heartbeat of a Customer-Centric Organization – Part 1

ECXO

The Heartbeat of a Customer-Centric Organization – Part 1 I’ve split this article on leadership into two parts because, you know, attention spans these days are pretty short! It is clear that the customer is king, right? Companies are realizing the importance of leadership styles that focus on the customer. One style that’s gaining popularity is the servant leader.

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Maybe you don’t need CX

Zeisler Consulting

Customer Experience is a very important part of advancing your brand. In fact, as I like to say, CX is the delivery of your brand. When you think about your Brand Promise, your Marketing team spends a lot of time and energy developing and designing it. It turns to the CX function in your organization to deliver on that promise. That takes an awful lot of investigation into your Customers’ insights, identifying the gaps between what you’re telling the world you’re all about and what your Custom

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Voice of the Patient: The Key to Elevating Healthcare Quality and Satisfaction

Zonka Feedback

The Voice of the Patient (VoP) is rapidly becoming a cornerstone of quality care in the healthcare industry. At its core, VoP encompasses the diverse opinions, preferences, and experiences of patients, providing valuable insights that can drive improvements in healthcare services. A recent study by the Journal of Patient Experience revealed that healthcare facilities implementing structured VoP programs experienced a 20% increase in patient satisfaction scores.

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DCX #110 | Empowering Your CX Team: A Leader's Guide to Excellence

DCX

Weekly inspiration, education, and coaching for customer-obsessed leaders. The DCX Newsletter is a reader-supported publication. Please consider joining the community as a paid subscriber to support the continued creation of posts like this. Get 30 day free trial I’m excited to share a new FREE course designed just for you. How often do you feel like your hard work isn't making the impact it should?

Culture 52
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The Importance of Personalization in iGaming

Optimove

Re-engage your churned customers with this guide Download Now Why it Matters: Personalization is critical in the iGaming industry as it empowers operators to boost retention, drive loyalty, and maximize revenue. Opti-X allows brands to create personalized, impactful customer journeys, ensuring lasting relationships and increased engagement. Key takeaways: Market Growth : The iGaming market is booming and is projected to grow at a 10.44% compound annual growth rate (CAGR).

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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How to Improve Customer Service & Build Brand Loyalty

CSM Magazine

A business is nothing without customers and/or clients who not only hand over their hard-earned money in return for goods or services once but continue to trust and stay loyal to your own company over your industry rivals. Customer service remains the most important area of a company’s core processes, which needs constant attention, improvements and modifications, and with this in mind, here is how to improve the customer service levels of your own business to improve brand loyalty.

Loyalty 52
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How Omnichannel Call Center Software can help Insurance Agencies

NobelBiz

Implementing omnichannel call center software can change the way insurance providers interact with clients. It helps streamline internal processes, and ultimately improve customer experience. In this article, we’ll talk about how How Omnichannel Call Center Software can help Insurance Agencies How Insurance Providers Can Benefit From Call Center Software 1.

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Why Great Customer Service Isn’t Just Important, It's a Necessity

Help Scout

Learn five compelling reasons great customer service is important and why it’s something your business can’t do without.

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RAG Is All The Rage — Retrieval-Augmented Generation, Demystified

Forrester's Customer Insights

Enterprises experimenting with generative AI (genAI) are prioritizing use cases that enable internal and external users to better retrieve information they need, be it data, how-to pages, corporate policies, or return policies. Retrieval-augmented generation (RAG) is now the most common underlying approach for building this type of large language model (LLM)-based enterprise knowledge-retrieval application.

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Frost Radar: Voice of Customer Analytics, 2024

Understanding and improving your customer experience (CX) can have a massive impact on your bottom line. Choosing the right voice of customers (VoC) solution is a critical step to elevating CX. Frost & Sullivan researched more than 50 leading VoC vendors, analyzing both their “innovation index” and “growth index” to independently select the top 10 performers in each of these categories.

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Understanding the Impact of Member Experience on Credit Union Growth

Keatext

The challenge that credit unions face today is not the organizational buy-in, but the technology needed to launch a member-focused strategy.

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GitLab Customers Hope To Stay Out Of The Doghouse If Acquired By Datadog

Forrester's Customer Insights

GitLab is a leading platform for version control, continuous integration and delivery (CI/CD), and collaboration. With its robust features and security focus, GitLab has gained a loyal user base and has become a go-to solution for enterprise developers worldwide.

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The Great Re-Bundling: How to Embed Customer Centricity into your Bundling Strategy

Strativity

The post The Great Re-Bundling: How to Embed Customer Centricity into your Bundling Strategy appeared first on Material.

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Even GenAI-Trained Execs Are Confused About It (Our Survey Shows) — So Give Them Better Training

Forrester's Customer Insights

Do executives understand generative AI (genAI) better than consumers do? Nope — apparently not. Our research shows that among consumers, generative AI is poorly understood or not at all (see The State Of Consumer Usage Of Generative AI, 2024).

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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, and Terrence Sheflin

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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Llama 3.1 models are now available in Amazon SageMaker JumpStart

AWS Machine Learning

Today, we are excited to announce that the state-of-the-art Llama 3.1 collection of multilingual large language models (LLMs), which includes pre-trained and instruction tuned generative AI models in 8B, 70B, and 405B sizes, is available through Amazon SageMaker JumpStart to deploy for inference. Llama is a publicly accessible LLM designed for developers, researchers, and businesses to build, experiment, and responsibly scale their generative artificial intelligence (AI) ideas.

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RAG Is All The Rage — And The Machine Is Getting More Complex

Forrester's Customer Insights

In our previous blog post on retrieval-augmented generation (RAG), we explained the motivation for implementing a RAG architecture and presented a very basic example architecture for retrieving enterprise knowledge. But the solution doesn’t stop there; in this blog post, we’ll describe advanced RAG architectures for enterprise knowledge applications.

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Don’t Wait For A Crisis To Act

Forrester's Customer Insights

The recent CrowdStrike incident that affected over eight million Microsoft systems, including those in hospitals, banks, emergency response centers, and airports, is likely to be the largest IT outage in history.

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Insights From The 25th Accenture SAP Leadership Council

Forrester's Customer Insights

From June 10th to 12th Accenture hosted clients, consultants, analysts and SAP staff in Cannes for the 25th Accenture SAP Leadership Council. The event was focused on the EMEA region as this represents the largest segment of Accenture’s global SAP practice.

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AI for Business Outcomes: Selecting the Right Tools to Drive Results

Customers expect to be able to interact with your organization whenever and however they want. They also expect your agents to have insights into their journeys so that they don’t have to repeat themselves as they move through various channels. And, if they’re not able to, they just might find one of your competitors who will offer the flexibility they are looking for.

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Introducing AI Alignment: A Technology Point Of View

Forrester's Customer Insights

Before 2022, software development primarily focused on reliability and functionality testing, given the predictable nature of traditional systems and apps. However, with the rise of generative AI models, the concept of model and AI alignment has become increasingly crucial.

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Trusted AI Begins And Ends With Alignment

Forrester's Customer Insights

What do discrimination, harmful content, unexpected outcomes, and catastrophic business failure have in common? They are all potential consequences of misaligned AI. They are also largely avoidable. Misaligned AI erodes trust among employees, customers, government and other stakeholders, and trusted AI will hold the key to enterprise AI success.

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Das Zeitalter der Agents bricht an

Forrester's Customer Insights

Kommen die personal genAI-Agenten also wirklich und wie werden sie sich auf das Verbraucherverhalten auswirken? In diesem Beitrag erhalten Sie Updates und Einblicke in das „Zeitalter der Agents“.

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Entfesselung der B2B-Revolution: Das große Potenzial des E-Commerce

Forrester's Customer Insights

Dank meiner persönlichen Erfahrungen und meiner Leidenschaft für E-Commerce habe ich einige Erkenntnisse gewonnen, von denen ich Ihnen erzählen möchte. Ich werde Ihnen überzeugende Gründe und effektive Strategien aufzeigen, die B2B-Organisationen beherzigen sollten. So können sie diesen Vermarktungsweg zum Vorantreiben ihres Unternehmenswachstums nutzen.

B2B 34
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HR Meets AI: The New Way of Keeping Large Workforces Connected and Engaged

Speaker: Miriam Connaughton and Donald Knight

As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.

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The Global Digital Economy Will Reach $16.5 Trillion And Capture 17% Of Global GDP By 2028

Forrester's Customer Insights

Digital transformation is a cornerstone of innovation and sustainable growth. The World Economic Forum estimates more than two-thirds of new value creation over the next decade could come from digitally enabled platforms.