This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Insights: Feasibility isn’t just about engineering effort—it’s about whether implementation will introduce inefficiencies or misalignments with your technology stack. ROI Analysis: Calculating Value Beyond Costs A feature’s return on investment is not limited to direct financial gains. Can it create cross-sell or upsell opportunities?
My name is Ton Luijten, Customer Success Director + Data Science Lead in APAC—and in this post I’ll help you unlock a new take on ROI —through failure demand. When we manage client programs at InMoment, return on investment (ROI) is always top of mind. Let’s take a look at how considering failure demand can help you prove ROI.
As your company begins to scale customer experience operations, it is possible for silos that cause different departments to use separate technologies and focus on different metrics, which fragments your understanding of the customer experience. Otherwise, your information silos stay intact and your customer journey remains fragmented.
Cultural and ROI Challenges: Shifting a traditionally product- or sales-centric B2B culture to a customer-centric one takes strong change management. Employees may resist new CX processes, and leadership might hesitate without a clear ROI. Demonstrating the value of CX (e.g.,
Speaker: Elissa Riddell, Justin Knowles, Melissa Maki, Ami Iceman-Haueter
The technology they’re implementing is often siloed creating inconsistent experiences as customers and members move from one channel to the next. Focus will be centered on the benefits of investing in omnichannel technology to help create customized, consistent, and branded experiences across your institution’s buyer journey.
The stakes in B2B are high, often involving multi-year contracts, renewals, intricate supply chains if not technology or cloud-based solutions, and significant recurring financial investment. By combining technology and human-centric approaches, companies can transform CX into a loyalty anchor.
With advances in and the rapid adoption of technology, we’re able to interact with customers in different ways and places all along the customer journey. There is greater ROI when the holistic customer journey is the focus. Improving customer experience is what leads to ROI. How your CX vision impacts ROI. That’s the key.
Visual Assistance is an increasingly popular technology that enables enterprises to provide remote support to end users. The greater the adoption of new technology, the more use cases can be applied and the greater the likelihood that the enterprise will see double digit improvements in their KPIs. But first, it must be adopted.
Do you believe that using technology to understand customers is the only way today? In today’s data-rich environment I’m not really suggesting that you actually ignore data nor technology! If so, then just follow the steps I detail below and you will soon be doubling, quadrupling, if not getting 10x the ROI from your data.
Speaker: Sofia Burton & Tiffany O'Malley from SmartAction
But even though automation isn’t a new technology in the contact center, many fail to understand how it helps reduce cost and agent attrition. Arming you with insights on how to sell the technology and services to stakeholders, including executives. Determining which calls are best for automation. Demonstrating those best use cases.
It leverages technology like automatic call distribution (ACD) and real-time transcription to reduce the manual workload for agents. Businesses looking to increase their contact center ROI should invest in automation. As a result, automated responses have greater ROI than manual ones. What Is Contact Center Automation?
What is the ROI of Customer Experience? Customer Experience ROI is a critical metric that measures the financial impact of enhancing customer experiences. Why is CX ROI Difficult to Prove? Data and Measurement Challenges: Accurately measuring the ROI of CX requires comprehensive data collection and advanced analytics.
Measuring the ROI of Customer Experience Initiatives As long as you first define success and understand your CX strategy, you can find several ways to measure the success of specific initiatives. Key Metrics and Steps to Consider for Measuring ROI 1. But don’t just measure to measure!
Insightful analytics is possible with the modern technologies such as machine-learning-based text analytics. A research conducted by Avanade and Sitecore showed that there is a $3 return on investment (ROI) expected for every $1 invested in the customer experience. It is not too difficult to listen to the customer.
However, investing in new technology isn’t always easy, and commonly, it’s difficult to show the ROI of data quality efforts. Download this eBook and gain an understanding of the impact of data management on your company’s ROI. You'll learn about: The true cost of bad (and good) data.
Is it possible to determine the ROI of customer experience, if so, how do you do that? In addition, we share tools that will help you calculate the ROI of your own customer experience projects. Insightful analytics is possible with modern technologies such as Lumoa that have machine-learning-based text analytics.
Creating tangible value for your business—and that means proving that sometimes elusive CX ROI. Four Ways to Prove CX ROI (and Assets That Show You How). For example, America’s largest cable and home internet provider leverages VoC technology in their regional customer care centers (and are able to prove millions in CX ROI).
Does your technology stack support the requested feature? Gauge the ROI of the Feature Next, determine the potential return on investment (ROI) for the requested feature. If the ROI doesn’t justify the time, cost, and resources required to develop the feature, it might be better to focus on other initiatives.
It is a comprehensive effort that goes beyond isolated fixes, requiring alignment of leadership, strategy, culture, technology, and processes around the goal of delighting the customer. Transforming customer experience in a B2B organization is as much about changing mindsets and behaviours as it is about new processes or technologies.
Speaker: Laura Sikorski, Contact Center Consultant
Technology must provide reliable options for customers to reach you when they want and obtain the same great service regardless of the channel they choose. ROI from technology improvements. Your Contact Center is the most customer focused area in your organization. November 5, 2019 9:00 AM PST, 12:00 PM EST, 5:00 PM GMT
Bespoke Technology Solutions : Providing unique tools and technology created to achieve your company’s CX goals. This is where expert CX services teams come into play, offering more than just technology; they provide the deep insights and strategic guidance necessary to truly elevate your customer experience program.
So, when you do integrate digital customer service technology , you’ll want to be thinking about the future of the technology, its agility and flexibility, and the development of your business. With the right CRM technology, all customer data and interactions are stored, enabling at-a-glance personalization of responses.
To show you can further improve the performance of your contact center, fill out the calculator below to discover your business’s ROI using InMoment’s conversational intelligence tools: Calculate your business’s ROI using InMoment’s conversational intelligence tools. How to Improve Call Center Metrics?
These activities help realize significant customer experience ROI , motivating organizations to continue evolving. Organizations advance to the final stage by leveraging the entire workforce and advanced technology. It identifies customer pain points across various touchpoints and works to improve them.
Speaker: Sarah Tarraf, Director of Customer Experience, Gongos & David Robbins, Account Strategist, Gongos
Despite increasing investment in tools and technologies, executives still struggle to demonstrate the impact to the bottom line – and perhaps more importantly, the value these bring to customers. But tools and technologies aren’t enough. Customer experience is at a tipping point.
True Scalability: AI handles complex tasks at scale, maximizing your ROI while freeing human agents to focus on those interactions that require a “human touch.” The technology “sees” them, understands the device or issue at hand, and responds with the right mix of clarity and compassion. The result?
This three-part analytical series aims to dissect and explain the most critical dimensions of value creation in technology, telecom, contact centers, and high-tech manufacturing. Use tools like ROI calculators and performance-based contracts to support the case. Key takeaways: Frame value in customer outcomes, not features.
According to Forrester, conversational AI especially with new generative AI has emerged as one of the top technologies delivering relative fast ROI, with the biggest impacts in e-commerce, sales, and customer service and experience. In practice, the most effective customer experiences blend cutting-edge AI with timely human support.
For many CX leaders, AI sounds promising, but proving its ROI is the real challenge. The post Proving AIs ROI: How SAP Concur Transformed Customer Support & Reduced Costs appeared first on Blake Morgan. ” To learn more visit www.8CXLaws.com.
This eBook from IVR Technology Group walks you through the basics of collecting fresh and accurate customer feedback in the most frictionless way possible. Get the masterclass for CX professionals on automated voice surveys by phone. Get the eBook to learn more.
Our goal is to empower you with the data, technology, and human expertise necessary to identify the moments that matter, understand what’s working (and what might need improvement), take informed action to solve business problems, and ultimately provide a truly differentiated experience for your business. What Is Experience Improvement (XI)?
Conversation intelligence is a technology that collects, interprets, and analyzes conversational interactions, typically between customers and businesses. CI technology enables real-time insights into customers not just as a whole but also divided into locations. So what does this have to do with location-based marketing?
The Client A Multinational IT & Networking Technology Corporation This company has been our client for more than 10 years. We’re working hard to leverage their investments and ROI across the entire enterprise. Going forward, we are united with our client in the quest for innovation.
Our goal is to empower you with the data, technology, and human expertise necessary to identify the moments that matter, understand what’s working (and what might need improvement), take informed action to solve business problems, and ultimately provide a truly differentiated experience for your business.
It seems like every provider claims to feature very similar technologies, often at wildly different price points. Whereas basic agentic AI solutions may seem like a quick and easy win, these solutions struggle to deliver scalable automation and sustainable ROI impact. This was where they expected to see the BIG ROI.
Marketing technology (MarTech) is at the heart of this evolution, integrating data, automating processes, and enabling personalized, real-time customer interactions. Budget Constraints: In an environment of reduced marketing budgets, MarTech tools that demonstrate clear ROI, such as AI-driven analytics, are essential.
Implementing Technology Solutions Investing in technology that enhances the customer experience is essential. However, merely implementing these technologies without practical actions and listening to your customers and following the company mission and goals will not turn your company into a winner.
Conversational AI in Banking – Practical Use-Cases for Achieving ROI. Current technologies and CX cost factors. Unique recommendations for achieving AI ROI in banking. The post Conversational AI in Banking – Practical Use-Cases for Achieving ROI appeared first on Uniphore. Three real-world use cases of AI in finance.
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. AI & Automation in Learning: Learn how AI is enabling personalized, adaptive learning paths and content generation at scale.
In our previous blog, we explored how visual service and AI technologies are redefining customer experience (CX) across various industries. Today, we delve deeper into the tangible benefits that these technologies bring, focusing on hard Return on Investment (ROI) and sustainability impact.
Marketing technology (MarTech) is pivotal in enhancing CX by integrating data, automating processes, and enabling personalized interactions sometimes in real-time. Virtual and Augmented Reality (VR/AR) VR and AR technologies, used by platforms like Unity and ARKit, create immersive and interactive experiences for customers.
Enter Agentic AI , a game-changing technology that not only automates repetitive tasks but also has the cognitive intelligence to handle complex, context-driven interactions independently. In this post we will explore the best practices and strategic considerations when determining your core objective: projecting the ROI of Agentic AI.
It’s not the technology that’s failing it’s how we’re using it. According to Adobe’s 2024 Digital Trends Report, this approach captures only 25% of potential ROI. However, most organisations are seeing disappointing returns on their AI investments. Source ) The disconnect?
This white paper covers specific areas in this domain that offer potential for transformational ROI, and a fast, zero-risk way to innovate with AI. If Artificial Intelligence for businesses is a red-hot topic in C-suites, AI for customer engagement and contact center customer service is white hot.
We organize all of the trending information in your field so you don't have to. Join 97,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content