InMoment XI

AUGUST 3, 2023

Addressing the challenge of unstructured data necessitates investing in cutting-edge technologies and data management strategies to unlock its true potential and gain a competitive advantage in the era of data-driven decision-making.

Customer Insights 366

Customer Insights Insights White Paper Social Media 366

InMoment XI

MAY 31, 2022

You have to get inside the minds and hearts of the customers at every juncture to find out what they’re thinking, feeling, and needing to do. Of these three, understanding customers’ emotions shouldn’t be given short shrift: 69% of consumers say that emotions count for over half their experiences. Good luck on your journey!

Customer Journey Mapping 396

Customer Journey Mapping Customer Journey Net Promoter Score Touchpoint 396

Experience Investigators by 360Connext

APRIL 23, 2024

The landscape of consumer expectations is constantly evolving, and understanding the value of customer experience has emerged as a cornerstone for businesses aiming to sustain growth and maintain a competitive advantage. And they will be rewarded for that focus on the customer! And the results that go with them!)

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

InMoment XI

APRIL 25, 2024

Did you know that over half of financial services consumers say they have low trust in their provider? And, of those consumers, only 34% of them would recommend their brand to friends and family. Since finances are such a personal part of our lives, consumers in the industry are the most withholding of their trust.

Financial 195

Financial Management Banking Insurance 195

InMoment XI

FEBRUARY 23, 2024

Market segmentation is a research strategy that separates different consumers in order to study their preferences, needs, and perspectives in order to optimize business practices, products, and experiences. Hopefully, your business has more than one customer. What Is Market Segmentation?

Marketing 195

Marketing Customer Experience Return on Investment Consumers 195

BlueOcean

JULY 12, 2018

This is especially the case in the contact center, where your outsourcer handles critical interactions with your customer base. While this has been our viewpoint for years, it’s a realization that is finally taking the B2B world by storm, as more companies realize the competitive advantage a strategic partnership affords them.

Customer Care 185

Customer Care Contact Center Competitive Advantage B2B 185

Second to None

JULY 5, 2024

In the current economic landscape, consumer spending patterns have undergone a significant transformation. These have led to a softening of consumer spending. This means inflation is rising faster than spending, indicating pressures on consumers. Consumers are now more careful and selective with their spending.

Consumers 71

Consumers Social Media Omnichannel Customer Centricity 71

Retently

MARCH 11, 2025

But CX isnt just about making things easier its a major competitive advantage. In a market where consumers have endless choices, 73% say a great experience influences their brand loyalty more than price or product. This allows for tailored messaging that feels personal without being overwhelming.

Management 115

Management Customer Experience Roadmap NPS 115

CSM Magazine

OCTOBER 30, 2024

Before we jump into funding options, let’s briefly discuss why investing in customer service is essential: Customer Retention : Great customer service leads to increased customer retention, reducing churn rates and increasing lifetime value. Cons: Competitive application process. No need to repay backers.

Customer Service 52

Customer Service Government Competitive Advantage Financial 52

InMoment XI

SEPTEMBER 5, 2024

Did you know that over 70% of consumers expect personalized communications and tailored products/services from companies they buy from? Of those customers, 76% get frustrated when they do not receive any level of personalization. What is Voice of the Customer? VoC data is also a valuable source of insights for innovation.

Net Promoter Score 195

Net Promoter Score Metrics Voice of Customer Touchpoint 195

TechSee

DECEMBER 17, 2019

Customer churn is a fact of life for every business in every industry, including the utilities sector. No longer dominated by monopolies, utilities have largely become commoditized, with very few competitive advantages to differentiate themselves in the marketplace. Utilities must reduce customer effort.

Customer Experience 136

Customer Experience Competitive Advantage Social Media 2019 136

Second to None

JULY 5, 2024

In the current economic landscape, consumer spending patterns have undergone a significant transformation. These have led to a softening of consumer spending. This means inflation is rising faster than spending, indicating pressures on consumers. Consumers are now more careful and selective with their spending.

Consumers 62

Consumers Social Media Customer Centricity Touchpoint 62

Second to None

JULY 5, 2024

In the current economic landscape, consumer spending patterns have undergone a significant transformation. These have led to a softening of consumer spending. This means inflation is rising faster than spending, indicating pressures on consumers. Consumers are now more careful and selective with their spending.

Consumers 62

Consumers Social Media Omnichannel Customer Centricity 62

Thematic

MARCH 2, 2025

Imagine losing 73% of your customers simply because they had a bad experience with your brand. That’s the reality today—over half of consumers will switch to a competitor after just one negative interaction. Consumer analytics organizes that data into trends, like how many visitors leave a page without making a purchase.

Customer Insights 62

Customer Insights Insights Social Media Feedback 62

InMoment XI

NOVEMBER 15, 2023

With 87% of consumers actively avoiding buying from brands they don’t trust, understanding and improving the customer experience has never been more critical. Customer experience analytics is the practice that empowers businesses to do just that. Who Needs Customer Experience Analytics?

Insights 243

Insights E Commerce Customer Experience E-support 243

CSM Magazine

MARCH 24, 2022

According to Gartner, by the end of this year 85% of customer service interactions will start with self-service. The best field service solutions will include consumer portals that can make scheduling service visits easy for customers by offering control over their experience. Adhere to changing expectations.

Retail 119

Retail Customer Experience 2004 Competitive Advantage 119

BirdEye

DECEMBER 26, 2023

Brand salience is a marketing metric that describes the degree of importance or prominence a brand holds in the consumers’ minds during their buying decisions. Strong brands with high brand salience become the preferred choice for consumers when presented with alternatives. What did you picture immediately when you saw the brand name?

Brands 105

Brands Social Media Competitive Advantage Measurement 105

Magellan Solutions

APRIL 19, 2023

Customer experience is a key aspect for companies trying to increase sales, satisfaction, and referrals. In 2022, the State of the Connected Customer surveyed almost 17,000 consumers globally and reported that 88% of them consider the experience a business offers to be as vital as its products and services.

Insurance 98

Insurance Customer Service Competitive Advantage Exceptional Customer Service 98

BirdEye

DECEMBER 28, 2024

Restaurants must continuously update their digital strategies to maintain a competitive advantage in local search results. However, a multi-location restaurant chain focusing on providing a great customer experience on the ground may not have the bandwidth to analyze, track, and develop cutting-edge SEO strategies.

Social Media 97

Social Media Books Demo Events 97

SurveySensum

NOVEMBER 1, 2024

Over time, loyal customers keep coming back; you don’t have to spend a fortune to find new customers. Competitive Advantage Customers who stick with your brand support your position in the market and reduce price sensitivity. If these customers see a better offer somewhere else, they may switch.

Loyalty 52

Loyalty Customer Relationships Brands Sales 52

TechSee

FEBRUARY 21, 2022

Practically every business process can be impacted by artificial intelligence, especially repetitive, high-volume, or mainly rule-based processes. There are many ways AI is helping businesses across industries gain a competitive advantage. Enhance Customer Service. 10 Ways AI Can Transform Your Business.

Innovation 109

Innovation Insurance Telecommunications Automotive 109

CloudCherry

AUGUST 30, 2018

Use your knowledge to move forward with choices in regards to how to use your money, delivering better proactive experiences for your customers, and pivoting quickly from decisions that may be draining or detrimental to your customer base. Predict needed changes to better serve your clients.

NPS 150

NPS E Commerce Financial Contact Center 150

TechSee

JANUARY 24, 2019

Drives competitive advantage. On the most basic level, the solution must efficiently connect the customer service agent and the customer with minimal friction. Due your due diligence when checking for a relevant customer base, proven capabilities, and recent success stories. Reduces operating costs.

Contact Center 141

Contact Center Financial Document 2025 141

Thematic

MARCH 26, 2025

Insights from consumers inform the development of new products and features, leading to tangible changes in how companies approach product development." " And that’s not in product development; customer feedback is important even in other departments—marketing, customer support, and more.

Feedback 62

Feedback Social Media Customers E-support 62

ShepHyken

SEPTEMBER 25, 2020

With Gladly, every communication from a customer—regardless of the channel—is assigned to the same agent. That way, there’s no duplicate work done, and a customer gets all their questions answered in one go, instead of piecemeal. 4) Make Processing Payments Easy.

Contact Center 118

Contact Center Competitive Advantage Article Customer Service 118

TechSee

NOVEMBER 6, 2018

Customer service organizations : Agents visually guide consumers in solving their technical problems, providing real-time assistance and solutions as if they’re standing right next to the customer. Here’s how Tier-1 telecom Vodafone is harnessing AR remote assistance to better support their customers. If so, which ones?

Call Center 104

Call Center Insurance Customer Satisfaction Document 104

SurveySparrow

APRIL 28, 2023

As a business owner or marketer, it’s essential to understand the psychology behind consumer buying behavior. Understanding consumer behavior is crucial for businesses to create effective marketing strategies that appeal to potential customers and lead to increased sales.

Consumers 52

Consumers E Commerce Advertising Social Media 52

BirdEye

SEPTEMBER 8, 2023

Given that financial services are highly regulated and deal with sensitive personal and financial information, consumer trust is paramount. Ever since they started using Birdeye’s all-in-one platform, it boosted its online presence and increased its customer base.

Financial 105

Financial Management Social Media Banking 105

TechSee

FEBRUARY 1, 2021

Today’s communications service providers (CSPs) face increasing customer demands for higher quality services and better customer experiences (CX). Telecoms are addressing these opportunities by leveraging the vast amounts of data collected over the years from their massive customer base.

2021 107

2021 Telecommunications 2025 Average Handle Time 107

Thematic

DECEMBER 5, 2018

As much as companies talk a good game about big data, they do not seem to leverage it, or customer retention analytics, to its full extent. Interestingly, according to a study by Broadway Business , only 32% of respondents are satisfied with their company’s use of analytics to create a competitive advantage. Keen to know more?

Customer Retention 96

Customer Retention Competitive Advantage 2017 2014 96

BirdEye

NOVEMBER 30, 2023

Here are key reasons why social media reputation is essential for brands: First impressions matter Building trust and credibility Influencing consumer decision-making Word-of-mouth marketing Competitive advantage Customer engagement and loyalty Crisis mitigation Recruitment and partnerships Global reach and impact 1.

Social Media 116

Social Media Management Brands Communication 116

Magellan Solutions

MAY 21, 2023

Improved Communication This kind of answering service can help your business bridge the communication gap with your non-English speaking customers. Hence, you better understand your customers’ needs and enhance problem resolution. Outsourcing bilingual answering services can also help save you money, effort, and time.

Call Center 98

Call Center Average Handle Time Customer Satisfaction Competitive Advantage 98

Pointillist

SEPTEMBER 10, 2020

In short, process mining can optimize aspects of CX, but it’s not the comprehensive approach required to deliver personalized, consistent experiences to each customer based on the context provided by their unique experience with your company. Customer expectations for personalization have evolved immensely.

Customer Journey 128

Customer Journey Touchpoint Customers Interaction 128

Call Experts

OCTOBER 5, 2023

Today, customer support plays a pivotal role in maintaining and growing a loyal customer base, enticing many companies to hire a contact center for their answering services. Ultimately, a well-managed contact center can be the lifeline of your customer service operations.

Contact Center 105

Contact Center Call Center 2027 Customer Satisfaction 105

ijgolding

APRIL 21, 2015

These Days, it’s All About Competitive Advantage. Customers are more demanding, products are often cloned or imitated and markets have become “commoditised.” 70% of consumers are willing to spend an average of 13% more with companies providing excellent customer service. PART 2: What’s Your Competitive Advantage?

B2B 53

B2B Competitive Advantage Customer Relationships Document 53

SurveySensum

DECEMBER 18, 2024

It focuses solely on the raw score derived from the NPS survey responses within a specific timeframe or among a particular customer base. It helps businesses understand how they stack up against others in the market and identify areas for improvement or competitive advantage.

Net Promoter Score 52

Net Promoter Score NPS Insurance Metrics 52

SurveySensum

SEPTEMBER 27, 2023

47% of customers say they will stop buying from the company if they have a subpar experience. Whereas if the company’s customer service is excellent, 78% of consumers will do business with them again after a mistake. What Is a Customer Service Survey? How can Customer Service Survey Help Businesses?

Insurance 52

Insurance Competitive Advantage Automotive Retail 52