InMoment XI

DECEMBER 10, 2024

Losing customers never feels good, especially in a hyper-competitive market. In fact, it costs five times more to acquire new customers than it does to keep an existing one. But, what if you could predict and reduce customer churn to retain customers at risk of leaving you?

2024 195

2024 ROI Net Promoter Score Multi-Channel 195

InMoment XI

MAY 25, 2023

It’s simple: every company needs customers, but what happens when there are so many brands to choose from? The customer experience (CX) is crucial for any business that wants to succeed in today’s highly competitive market. Plus loyal customers are what makes running a business so rewarding.

Customer Experience Design 363

Customer Experience Design Customer Experience Competitive Advantage User Experience 363

InMoment XI

OCTOBER 24, 2024

They integrate with apps, websites, and social media to provide a consistent customer experience across all channels. These platforms focus on improving customer experience metrics such as customer satisfaction, loyalty, and retention. An omnichannel strategy plays a crucial role in this success.

Customer Engagement 195

Customer Engagement Engagement E Commerce Omnichannel 195

eglobalis

OCTOBER 9, 2024

Consider the Broader Market Demand It’s essential to determine whether the feature is a unique request or if it represents a larger trend across multiple customers. On the other hand, if several clients or different market segments are asking for similar features, this could indicate a significant market need that warrants attention.

Feedback 516

Feedback ROI Innovation B2B 516

InMoment XI

OCTOBER 23, 2024

Here are a few reasons why customer experience in banking is an even bigger competitive advantage than ever before: It helps build trust during uncertain times. In a period of financial anxiety, customers are looking for institutions they can trust. They can also quickly access customer support if need be.

Banking 195

Banking Customer Experience Financial Touchpoint 195

Alida

NOVEMBER 25, 2016

In our e-book The 10 Smartest Brands: How They Use the Competitive Advantage of Customer Intelligence , we reveal how companies like D E WALT, LinkedIn and Salomon engage with customers to make better marketing, customer experience and product innovation decisions.

ROI 269

ROI Measurement Brands Net Promoter Score 269

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

SaaS companies optimize the customer journey with this 4-touchpoint approach from InMoment. Customer Cartography: Where to Begin. “We We found that a company’s performance on journeys is 35 percent more predictive of customer satisfaction and 32 percent more predictive of customer churn than performance on individual touchpoints.

Customer Journey Mapping 396

Customer Journey Mapping Customer Journey Net Promoter Score Touchpoint 396

Experience Investigators by 360Connext

FEBRUARY 18, 2025

CX and Profitability: The Connection You Can’t Ignore A strong customer experience strategy ties the right measurements, efforts, and outcomes with business success. One key step in bridging the gap between CX and business revenue is to identify the most critical moments in the customer journey and eliminate friction.

Customer Experience 143

Customer Experience Competitive Advantage Metrics Customer Journey 143

InMoment XI

FEBRUARY 23, 2024

It’s crucial that brands understand the experiences they provide and whether or not they satisfy the needs of customers, employees, and beyond. Effective market segmentation is critical to that goal. Every business should know the ins and outs of how their marketing, advertising, and sales team measure up.

Marketing 195

Marketing Customer Experience Return on Investment Consumers 195

InMoment XI

FEBRUARY 6, 2024

In today’s digital landscape, the importance of social media marketing cannot be understated. Social media platforms like Facebook, YouTube, X (formerly called Twitter), TikTok, Instagram, and LinkedIn (among others) are essential for businesses looking to attract customers, gather valuable feedback, and foster customer loyalty.

Social Media 195

Social Media Marketing 2023 Advertising 195

InMoment XI

NOVEMBER 30, 2023

Doing this allows you to cultivate a strong and recognizable presence in the market. Respond to customer feedback, both positive and negative, to show transparency and dedication to customer satisfaction. Doing this will help you foster a community around your brand, where customers feel heard, valued, and connected.

Brands 284

Brands Management Multi-Channel Social Media 284

Retently

MARCH 11, 2025

Whether its analyzing product reviews, refining post-purchase experiences, or working with marketing and support teams to resolve issues, their job is to make shopping effortless and enjoyable. But CX isnt just about making things easier its a major competitive advantage.

Management 115

Management Customer Experience Roadmap NPS 115

InMoment XI

APRIL 9, 2025

Traditional forecasting processes often miss the mark as they dont account for the latest market changes or shifts in consumer preferences. Therefore, businesses must look beyond historical sales data and integrate customer experience insights with their forecasting models for accurate results. It provides a competitive advantage.

Sales 195

Sales Competitive Advantage Omnichannel Social Media 195

InMoment XI

MAY 14, 2022

Becoming a Part of Your Customers’ Lives. and others have moved beyond simple, transactional customer satisfaction (which has low self-referentiality), and have found ways to integrate how customers see themselves within the brand’s offering. Brands like Nike, Tiffany & Co., Wrapping Things Up.

Brands 370

Brands Loyalty Retail Competitive Advantage 370

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! But, leaders, take a deep breath!

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

CSM Magazine

DECEMBER 17, 2024

It does not matter if you deal with retail, technology or even online gaming; providing support at any time of the day will increase customer satisfaction and loyalty. Around-the-Clock Accessibility Increases Convenience One advantage that is hard to miss with the 24/7 customer support is that it can be accessed easily.

Competitive Advantage 52

Competitive Advantage Customer Retention Customer Satisfaction Loyalty 52

BirdEye

MARCH 6, 2025

For marketers and CMOs, this spells opportunity. Businesses that employ AI chatbots arent only keeping customers happy but also setting themselves up for long-term growth. They are on the leading edge of a change that combines cutting-edge technology like AI with strategic customer engagement to scale efficiently and sustainably.

Customer Engagement 52

Customer Engagement Engagement Marketing Banking 52

BlueOcean

OCTOBER 4, 2023

Data from ICMI also reveals that 76% of call center professionals believe bilingual support improves the customer experience, brand loyalty, and customer satisfaction. Likewise, we know that offering live agent support for Spanish consumers is a competitive advantage in many markets in the U.S.

Contact Center 310

Contact Center Customer Care Average Handle Time Consumers 310

Win the Customer

NOVEMBER 29, 2024

In today’s competitive market, understanding your customers’ experiences is paramount. Customer Journey Mapping (CJM) is a powerful tool that helps businesses visualize and analyze the interactions customers have with a brand throughout their lifecycle.

Customer Journey Mapping 59

Customer Journey Mapping Customer Journey Touchpoint Social Media 59

InMoment XI

JULY 23, 2024

As digital transactions become more prevalent, the ecommerce customer experience is critical for its success. Brands that prioritize this aspect of business often find themselves leading the market, while those that neglect it struggle to compete in a crowded landscape. What Are the Benefits of A Good Ecommerce Customer Experience?

E Commerce 195

E Commerce Measurement Customer Experience E-support 195

Retently

MARCH 29, 2023

To show you the bigger picture, this is more than 70 percent of annual sales for the leader in this market segment – Mercedes Benz C-Class. At the same time, the Model S received the highest-ever satisfaction score of 98% , while Model Y and 3 remain at the top of the best-selling electric car chart to date. Battery charging.

Net Promoter Score 195

Net Promoter Score NPS Automotive Customer Satisfaction 195

InMoment XI

NOVEMBER 15, 2023

It involves the use of various metrics and methods to gain valuable insights into how customers perceive and interact with a business. By delving into these insights, companies can make data-driven decisions to enhance customer satisfaction and customer loyalty. What Are the Benefits of Customer Experience Analytics?

Insights 243

Insights E Commerce Customer Experience E-support 243

TechSee

JULY 10, 2018

When a claim is made, the insurance company has a small window of opportunity to provide service that will satisfy a customer – or not. If a claim is handled well, customer satisfaction and retention rates will rise. The Competition Advantage. The Infrastructure Advantage.

Insurance 153

Insurance Competitive Advantage Innovation Customer Satisfaction 153

CSM Magazine

MARCH 19, 2025

In fact, industry experts predict that 90% of global businesses will use AI in their customer support by 2030. The Growing Need for AI in Customer Support 1. The Rise of Global Commerce E-commerce, SaaS companies, and global enterprises now cater to international markets more than ever before.

E Commerce 59

E Commerce E-support 2030 Competitive Advantage 59

InMoment XI

JANUARY 2, 2023

Increased competition in nearly every market is leading businesses of all types to search for ways to attract and retain their ideal customers. Customers have unprecedented access to information about products and services. What Is Customer Satisfaction Score (CSAT)? More purchases and renewals.

Net Promoter Score 221

Net Promoter Score NPS Metrics Effort Score 221

Interactions

NOVEMBER 11, 2024

In a recent conversation with Emerj Research , I had the opportunity to dive deep into the evolving challenges of customer experience (CX) alongside Chloe Rice, the Director of Global Customer Experience at Shutterstock. To stand out in a crowded market, businesses must prioritize these elements.

Retail 62

Retail Competitive Advantage Contact Center Innovation 62

Beyond Philosophy

MARCH 16, 2023

I’ve followed the American Customer Satisfaction Institute (ACSI) results since I started Beyond Philosophy in 2002. When you consider all the resources organizations and individuals have put into customer experience and the voice of the customer, I wonder… was it worth it? Guess what?

2010 88

2010 Customer Satisfaction Competitive Advantage 2002 88

InMoment XI

FEBRUARY 14, 2024

By analyzing this data, businesses can gain a deeper understanding of their customers and make informed decisions to improve their marketing, sales, and customer service efforts. When customers feel valued and understood, they are more likely to return for future purchases and recommend the brand to others.

Omnichannel 195

Omnichannel Customer Experience Social Media E Commerce 195

ProProfs Chat

APRIL 21, 2020

So you may know that unsatisfactory customer experiences are behind customer churn, but does getting your customers to answer lengthy feedback forms do any magic? The trick lies in asking the right customer satisfaction survey questions. The collected data can be of use to enhance the customer’s experience.

Customer Satisfaction 80

Customer Satisfaction Measurement Competitive Advantage Customers 80

BirdEye

MARCH 28, 2025

Market mapping is no longer just a tool for corporate boardrooms or big consulting firmsits a critical step for any business that wants to thrive in todays competitive landscape. Dynamic, AI-powered insights replace traditional market maps based on spreadsheets and static research. Table of contents What is market mapping?

Marketing 52

Marketing 2025 Sales Demo 52

CSM Magazine

DECEMBER 24, 2024

Much like the concept of futures rollover in financial markets, where contracts are extended to maintain positions without interruption, retaining customers ensures a seamless continuation of revenue contributions over time, reducing the need for constant reinvention or acquisition efforts.

Customer Retention 52

Customer Retention Financial Competitive Advantage Loyalty 52

InMoment XI

FEBRUARY 8, 2024

This will improve your business by enhancing operational efficiency, elevating customer satisfaction, and fostering a more agile and responsive customer service environment. This can contribute to a competitive advantage and increased customer loyalty. What is Contact Center Optimization?

Contact Center 195

Contact Center Multi-Channel Social Media Competitive Advantage 195

CSM Magazine

NOVEMBER 12, 2024

This understanding has pushed customer retention to the forefront in many businesses today. Yet, while companies have embraced new marketing strategies, retention strategies often lag, with many relying on outdated methods. This helps ensure your offerings are always priced competitively while protecting your margins.

Customer Retention 59

Customer Retention E Commerce Competitive Advantage Travel 59

Magellan Solutions

AUGUST 23, 2023

The marketing landscape is changing due to the evolution of Artificial Intelligence (AI). AI has transformed marketing strategies and is a powerful tool. AI marketing tools are shaping the future of marketing. Initially, AI simplified tasks such as email marketing and social media scheduling.

Marketing 98

Marketing Social Media Advertising ROI 98

CSM Magazine

FEBRUARY 19, 2025

Your customers arent restricted by borders, and your customer support shouldnt be either. But how can you effectively cater to customers who speak different languages without compromising efficiency or customer satisfaction? The answer lies in multilingual customer service software.

Customer Service 52

Customer Service Connections E Commerce E-support 52

GetFeedback

JANUARY 19, 2020

They can range just a single yes/no question to elaborate market research tools. The main weakness of surveys is they tend to get input from very happy or unhappy customers. Response rates of 10% or less are common for general customer satisfaction surveys , leaving CX leaders to wonder: What do all those other customers think?

Touchpoint 365

Touchpoint Customer Journey Measurement Social Media 365