Remove 2008 Remove Connections Remove Customer Insights Remove Sales
article thumbnail

Why listening to customers matters in a recession

Thematic

You need insights you can act on to reduce customer churn, improve products and services, and get an edge over competitors. How to use customer insights to your advantage: 1. Do they match your ideal customer profile? Which customers are churning? During the 2008 recession, Starbucks came under threat.

2008 71
article thumbnail

How a Better Brand Tracking Program Can Forge Deeper Connections with Customers

Strativity

On the TV closest to our table, the news anchor announced that it felt like 2008 all over again and that corporations didn’t know how to react. Looking around at the table at my four kids and husband, I realized how much has changed since 2008. In our connected world, building a brand or selling a quality product is not enough.

2008 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

A Decline in Revenue It goes without saying that a drop in customer loyalty will result in a direct fall in revenue. A bad NPS score means you’ll have fewer loyal customers, which translates to fewer sales. Sales surged , and their stock prices skyrocketed.

NPS 83
article thumbnail

CX Experts We Love

Wootric

Her She is a customer journey expert whose analysis of customer feedback at key touchpoints has led to product and service enhancements that have delighted customers. Why we love Angus: He’s the Customer Experience Manager at Sendoso and prides himself in “helping people connect the old fashion way.” Angus Yang.

article thumbnail

Loyalty partners: co-creating customer value

Currency Alliance

If you succeed at this, you will also harness recurring benefits in the form of insightful customer data, which will allow you to market to the mid-long tail more effectively and affordably, and maximize the lifetime value of every customer. We also make it easier for any customer touchpoint to become loyalty-enabled.

Loyalty 59
article thumbnail

2022 Banking Outlook

West Monroe

From basic customer service to advanced conversations about wealth management or business banking, customers need face-to-face connection with your professionals. But providing the most frictionless digital experiences for customers is only half the battle for banks. Planning for rising salaries. on average.

Banking 52
article thumbnail

Top 50 Customer Service Leaders – Best Customer Experience Influencers

Storyminers

Annette was named one of “The 100 Most Influential Tech Women on Twitter” by Business Insider and is regularly recognized by companies around the world as a top influencer in Customer Experience. Arie is a Customer Insight, Customer Strategy, Customer Lifecycle Management, and Innovation Independent Consultant.