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How to Prove the ROI of Your Voice of the Customer (VoC) Program

GetFeedback

There is greater ROI when the holistic customer journey is the focus. The airline tracked this back to a lack of amenities for early morning travelers. In this article, I’ve talked about the fact that marketers feel overwhelmed by how much data is available to them, thus making ROI—or the path to ROI—a muddied one.

ROI 309
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Power up Your Productivity to Drive Experience Improvement

InMoment XI

The workshop gathered professionals from diverse sectors such as retail, travel, services, grocery, and healthcare. The importance of utilising multiple lenses for investment decisions, aligning them with ROI goals, was a focal point. Listening to the voice of the customer and recognising their value emerged as a significant strategy.

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Proving AI’s ROI: How SAP Concur Transformed Customer Support & Reduced Costs

Blake Morgan

For many CX leaders, AI sounds promising, but proving its ROI is the real challenge. SAP Concur, a leading B2B provider of expense and travel management solutions, faced growing support demands. ” To learn more visit www.8CXLaws.com.

ROI 59
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The Hard ROI & Sustainability Impact of Visual and AI Service and CX

TechSee

Today, we delve deeper into the tangible benefits that these technologies bring, focusing on hard Return on Investment (ROI) and sustainability impact. Cost Savings and Sustainability Impact Visual intelligence reduces the need for technician dispatches, trimming operational costs while also lowering carbon emissions associated with travel.

ROI 124
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Customer Satisfaction Score (CSAT) Industry Benchmarks

GetFeedback

Internet Travel Services: 78%. Learn how to use the CSAT metric, boost loyalty, and prove the ROI of your efforts. Internet Investment Services: 79%. Internet News and Opinion: 75%. Internet Retail: 80%. Internet Search Engines and Information: 79%. Internet Service Providers: 62%. Internet Social Media: 72%. Life Insurance: 80%.

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Growth vs. Customer Experience: A Dilemma?

ECXO

Example Action: Use analytics tools to link CSAT improvements to revenue growth, demonstrating CXs ROI. By understanding the desires of modern travelers for unique, affordable accommodations, Airbnb disrupted the hospitality industry. Encourage user-generated content and peer-to-peer interactions.

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Measuring ROI of Customer Centricity-Changes in Customer Value

CCO Council

Expected change in customer value is another valuable means of demonstrating ROI. Converting a detractor to a promoter yields an additional $100-140 per customer annually, or the equivalent of another flight traveled each year plus ancillary service purchases. How many credits are being offered to correct billing mistakes?