Experience Investigators by 360Connext

JANUARY 7, 2025

An intentional, proactive customer experience (CX) has unmatched power for attracting new customers and earning their lifelong loyalty. And once you have their attention, every step in their journey can deepen their loyalty or cause them to look elsewhere. But this is easy to say and harder to do.

Customer Experience 143

Customer Experience Customer Journey Mapping Touchpoint Metrics 143

SurveySensum

DECEMBER 4, 2024

Custom er loyalty and satisfaction are crucial when it comes to banks. More than often, customers are attracted to banks that value them and offer good service. But when every bank strives to achieve the same, how can you get a competitive edge? What is NPS in Banking and Other Financial Institutions?

Banking 52

Banking NPS Financial Net Promoter Score 52

Experience Investigators by 360Connext

JANUARY 8, 2018

These often point back to the annoying, outdated, or altogether defunct touchpoints that don’t just disappear when you start a larger initiative. They are silently chipping away at your customers’ loyalty RIGHT NOW while you chase after that elusive “WOW” experience. Ask your front-line folks.

Customer Journey Mapping 273

Customer Journey Mapping Airlines Social Media Banking 273

GetFeedback

SEPTEMBER 13, 2018

Measure customer loyalty. on a scale of 1-10 to determine customer loyalty. For instance, you can also watch overall NPS over time to measure aggregate customer loyalty as you improve the customer experience. after a support chat, a call, or after they accessed your online resource bank.

Net Promoter Score 247

Net Promoter Score Customer Journey Mapping NPS Customer Journey 247

Experience Investigators by 360Connext

NOVEMBER 30, 2021

Is there a specific journey or group of touchpoints you want to address? Maybe there are key outcomes you’re looking to achieve, like reduced cart abandonment, increased customer loyalty, or fewer support requests. Now that your goals have been defined and communicated, you can dive into specific touchpoints along the way.

Customer Experience 367

Customer Experience Customer Journey Mapping Customer Journey Touchpoint 367

InMoment XI

OCTOBER 10, 2024

These benefits, ranked in order of agreement are: Increased brand awareness Increased traffic Lead generation Customer loyalty Revenue growth These benefits represent the importance of social media marketing and the need for dedicated social media management. This is important to create a seamless experience across all touchpoints.

Social Media 195

Social Media Management 2024 Multi-Channel 195

Experience Investigators by 360Connext

APRIL 23, 2024

Leading customer experience efforts within a larger business strategy can offer a blueprint for fostering customer loyalty, enhancing customer (and employee) retention, and ultimately, driving brand loyalty. CX leaders need to present strong business cases for every step of their journey. And the results that go with them!)

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

Joe Rawlinson

NOVEMBER 3, 2024

Card scanning solutions not only make these processes more efficient but also significantly boost client satisfaction and loyalty. This further boosts customer loyalty and encourages repeat purchases. Quick Response Times Implementing bank card scanning substantially decreases wait times.

Innovation 78

Innovation Customer Service Multi-Channel Loyalty Programs 78

CloudCherry

MARCH 19, 2019

NPS was always meant to be a proxy for true customer loyalty, because we didn’t have the means to measure it before. million customer hours and 327,000 employee hours, living up to its mantra of “Live More, Bank Less.” This enables the bank to compare the CIR, share of profit, and ROE contribution of both customer groups.

Financial 218

Financial Metrics Customer Journey Mapping NPS 218

ReviewTrackers

MARCH 14, 2019

The Importance of Customer Journey in Banking. There is so much disruption going on in the world of banking and financial services. After a decade of having to deal with serious trust issues and thin margins, banks today continue to face a mix of challenges. Fickle consumer loyalty and ever-changing preferences.

Banking 94

Banking Customer Journey Touchpoint Rewards Programs 94

Experience Investigators by 360Connext

NOVEMBER 20, 2014

According to a Deutsche Bank report , during the last decade the SaaS category grew 11X in market cap value, and its share of the total software market capitalization grew from 2% to 14%. B2B Blog Customer Experience customer service Featured customer relationship management leadership linkedin loyalty management'

Customer Experience 302

Customer Experience Chief Customer Officer Events 2003 302

Experience Investigators by 360Connext

MAY 20, 2015

Keep banking on metrics like the lukewarm customer satisfaction rating your customers provide when they are literally walking out the door. They are the ones who are willing to invest in long-term loyalty for even longer-term business success. Touchpoint Inventory. They will seek out your competitors just to spite you.

Customer Journey Mapping 306

Customer Journey Mapping Customer Experience Workshop Customer Journey 306

CloudCherry

DECEMBER 1, 2018

Credit Unions are generally well-liked by their members – but did you know that some credit unions have stronger member loyalty than Apple?! This loyalty translates to an insanely high Net Promoter Score (NPS). Using CloudCherry, Nymeo collects member feedback from five touchpoints: New Account Creation, Branch or Website.

NPS 225

NPS Net Promoter Score Banking Touchpoint 225

InMoment XI

SEPTEMBER 19, 2024

The customer journey maps out the path a customer takes and focuses on individual touchpoints. The end-to-end customer experience, however, is how the customer feels about each of those touchpoints. A positive end-to-end customer experience will help you improve customer loyalty.

Customer Experience 195

Customer Experience Customer Journey Mapping Social Media 2024 195

CloudCherry

JANUARY 18, 2018

It is no rocket science that a great member experience leads to higher member loyalty scores and better member retention. –> Identify different touchpoints, be available across all these touchpoints, and start listening to members. How else do you ensure that your members do not switch to a nearby bank?

Touchpoint 225

Touchpoint Financial Banking Feedback 225

Talkdesk

OCTOBER 12, 2020

During this pandemic, clients are struggling to reach their banks when they need them the most, driving an almost 75% increase in call center volume. Many banks responded to urgent needs at the peak of the pandemic and are now in recovery mode. So how can these institutions avoid leaving customers on hold?

Banking 83

Banking Contact Center Call Center Financial 83

InMoment XI

NOVEMBER 15, 2023

By delving into these insights, companies can make data-driven decisions to enhance customer satisfaction and customer loyalty. There are four common customer experience analytics metrics: Net Promoter Score (NPS) Net Promoter Score , or NPS, is a widely used metric to measure customer loyalty.

Insights 243

Insights E Commerce Customer Experience E-support 243

Alida

JULY 11, 2017

Forrester’s 2017 Global Customer Experience Trends report found the vast majority of firms in digital and traditional retail, banking and insurance around the world only earned the research firm’s Customer Experience Index (CX Index) score in the “OK” range. Customer experience is middling at best, and that’s troubling for brands.

Customer Experience 183

Customer Experience Omnichannel 2015 Retail 183

Experience Investigators by 360Connext

FEBRUARY 9, 2021

In one research study , a bank in Germany found that In a study of almost 10,000 accounts, referred customers were 25 % more profitable than customers acquired in other ways. You can also start estimating what a bump in retention or an increase in loyalty might mean for your organization’s bottom line.

Customer Experience 261

Customer Experience Net Promoter Score Culture ROI 261

Thematic

MARCH 20, 2025

A study found that “Even modest improvements in customer loyalty—just 5%—can result in profit increases ranging from 25% to 95%.” Just look at Atom Bank. Remember Atom Bank? Focus on high-impact issues that directly affect customer satisfaction and loyalty. Why Does it Matter?

Customer Insights 62

Customer Insights Insights Net Promoter Score NPS 62

InMoment XI

OCTOBER 8, 2024

Customer experience improvement refers to enhancing the interactions and overall satisfaction a customer has with your business across all touchpoints. Some of the benefits of improving customer experience include: Increased Customer Loyalty When you have a consistently positive customer experience, you will create loyal customers.

Customer Experience 195

Customer Experience 2024 Net Promoter Score Financial 195

InMoment XI

NOVEMBER 20, 2023

This personalization not only enhances customer satisfaction but also drives sales and fosters brand loyalty. This post-transaction interaction not only fosters customer loyalty but also contributes to additional revenue through upselling and cross-selling opportunities.

Customer Experience 243

Customer Experience E Commerce E-support Social Media 243

CloudCherry

NOVEMBER 9, 2018

Credit Unions are generally well-liked by their members – but did you know that some credit unions have stronger member loyalty than Apple?! This loyalty translates to an insanely high Net Promoter Score (NPS). Using CloudCherry, Nymeo collects member feedback from five touchpoints: New Account Creation, Branch or Website.

NPS 150

NPS Net Promoter Score Banking Touchpoint 150

CloudCherry

DECEMBER 1, 2018

Credit unions need information at-a-glance to help understand how their member base feels and acts across multiple branches and touchpoint. Within the CloudCherry platform, our CrossTabs reporting feature provides snapshot data from multiple touchpoints. Each set of touchpoints and channels are assigned to different stages.

CEM 150

CEM Net Promoter Score Touchpoint NPS 150

CloudCherry

OCTOBER 19, 2018

Credit unions need information at-a-glance to help understand how their member base feels and acts across multiple branches and touchpoint. Within the CloudCherry platform, our CrossTabs reporting feature provides snapshot data from multiple touchpoints. Each set of touchpoints and channels are assigned to different stages.

CEM 150

CEM Net Promoter Score Touchpoint NPS 150

TechSee

SEPTEMBER 24, 2019

Delivering a consistent customer experience is imperative for companies that want to drive loyalty. Customers trust banks that are in the top quartile of delivering consistent customer journeys 30% more than banks in the bottom quartile. Was this evidence of a successful customer experience strategy? Will Sam be back?

Customer Experience 150

Customer Experience Hotels Social Media Omnichannel 150

CSM Magazine

SEPTEMBER 22, 2023

In today’s competitive banking industry, providing a top-notch customer experience (CX) is essential for attracting and retaining customers. With so many options available, it’s important for banks to upgrade their services and stand out from the crowd.

Banking 59

Banking Omnichannel Customer Centricity Loyalty 59

Thematic

OCTOBER 30, 2024

It doesn’t matter what industry you’re in – customer experience (CX) is a critical component of customer acquisition, retention, and loyalty. This leads to increased customer satisfaction, loyalty, and retention.

Voice of Customer 62

Voice of Customer Insights E Commerce E-support 62

PeopleMetrics

JANUARY 15, 2020

2020 is here, and this year, many of our banking clients have made measuring and improving customer experience a strategic priority. No matter where you fall on that spectrum, here are 3 things to consider as you're thinking about your bank’s 2020 CX program: 1. Which customer touchpoints should be measured? Conclusion.

Banking 54

Banking 2020 Measurement Touchpoint 54

Thematic

APRIL 3, 2025

With real-time feedback analysis, e-commerce brands can adjust pricing strategies, optimize recommendations, and boost customer loyalty. Finance & Banking Banks and fintech companies use text analytics to monitor compliance, detect fraud, improve customer experience, and drive strategic decisions.

Marketing 62

Marketing 2030 E Commerce Social Media 62

Talkdesk

DECEMBER 17, 2020

As revealed in a new report by Talkdesk Research, customer loyalty is on the line at every touchpoint. Financial services and insurance institutions are left to balance delivery against customer expectations with the challenge of multiple legacy applications and new digital touchpoints.

Insurance 106

Insurance Financial Contact Center Touchpoint 106

Currency Alliance

JUNE 11, 2019

A 2018 Collinson study reported that 66% of financial services professionals say their bank “does not understand why customers are loyal or have a strategy to strengthen customer relationships”[i]. People are more likely to leave their spouse than their bank[ii], so it might seem that banks have no case to answer. Extra what?

Banking 40

Banking Loyalty Consumers Loyalty Programs 40

Currency Alliance

OCTOBER 12, 2021

Loyalty partnerships with complementary brands are the best way to create additional value, for customers and for your business. Depending on the maturity of your loyalty program, you may already have some program partners, or be a partner in somebody else’s program. How loyalty partners co-create value.

Loyalty 59

Loyalty Loyalty Programs Airlines Travel 59

Think Customers

OCTOBER 14, 2024

For CX leaders, AI is an advisor Higher-level strategists and CX leaders are all about building the optimal customer experience and recognize the impact CX has on the company’s bottom line and brand loyalty. Their decisions can only be as good as the data they’re given, so access to actionable insights is crucial to their success.

Contact Center 52

Contact Center ROI Banking Brands 52

Currency Alliance

DECEMBER 17, 2019

This is the blog version of our Loyalty Strategy Guide 2020. For a more engaging read, click here to Currency Alliance Loyalty Strategy Guide 2020. There was a mix of good and bad, for loyalty in 2019. The widespread devaluation of loyalty currencies during the past few years brings this into sharp focus.

Loyalty 64

Loyalty 2020 Loyalty Programs Travel 64

Thematic

JANUARY 29, 2025

This approach helped Atom Bank identify customer frustrations around their app’s user interface and make targeted improvements. A significant boost in Touchpoint Net Promoter Score (tNPS). Enhancing Customer Loyalty and NPS Scores Keeping customers happy is one thing, but turning them into loyal advocates for your business?

Feedback 62

Feedback Net Promoter Score Social Media 2028 62

Currency Alliance

MARCH 21, 2019

Loyalty systems were some of the first marketing technology, dating back 35 years. Making the same progress in loyalty has been much more difficult. The typical incumbent loyalty technology platform comprises five core modules: CRM/Analytics Platform. Points Bank. Loyalty Rules Engine. Campaign Management.

Loyalty 58

Loyalty Banking Loyalty Programs Hotels 58