InMoment XI

NOVEMBER 13, 2024

Lowering the churn rate contributes to a stronger, more loyal customer base. With insights into customer behavior, you can act faster and smarter than competitors. With effective customer experience management , you can re-engage customers who might otherwise be lost to your competition.

Customer Retention 195

Customer Retention 2024 ROI Competitive Advantage 195

InMoment XI

OCTOBER 24, 2024

What is the Difference Between a Customer Engagement Platform and Customer Relationship Management (CRM)? Debating the differences between customer engagement platforms and CRM systems is natural. CRMs are typically used by teams managing the current relationships of clients or accounts. out of 5 stars.

Customer Engagement 195

Customer Engagement Engagement E Commerce Omnichannel 195

InMoment XI

NOVEMBER 7, 2024

Did you know that 92% of customer relationship management (CRM) leaders say AI and automation have improved customer service response times? Of the 81% of organizations automating workflow processes, 98% report that reducing errors is a major or minor benefit of customer experience automation. References Salesforce.

Customer Experience 195

Customer Experience 2024 E-support Touchpoint 195

InMoment XI

JULY 16, 2024

Platforms like X, Meta/Insta, YouTube, and Google shape brand perceptions and impact purchasing decisions, directly affecting your ROI. Customers expect not only to be heard but also understood and swiftly responded to. They provide social proof, reassuring potential customers about the quality and reliability of a product or service.

Management 195

Management Social Media Hotels Airlines 195

InMoment XI

JULY 16, 2024

Platforms like X, Meta/Insta, YouTube, and Google shape brand perceptions and impact purchasing decisions, directly affecting your ROI. Customers expect not only to be heard but also understood and swiftly responded to. They provide social proof, reassuring potential customers about the quality and reliability of a product or service.

Management 195

Management Social Media Hotels Airlines 195

Customer Bliss

FEBRUARY 25, 2016

Honoring “Customers as Assets” connects volume and value to customer experience ROI and growth. Your goal as CCO is to unite the leadership team in delivering one-company customer experiences and connecting the delivery to business growth. Here are four elements to grow customer experience ROI: 1.

ROI 135

ROI Customer Experience Leadership Metrics 135

TechSee

SEPTEMBER 26, 2024

In this post we will explore the best practices and strategic considerations when determining your core objective: projecting the ROI of Agentic AI. For enterprise leaders looking to optimize their customer service operations, the return on investment (ROI) of Agentic AI is undeniable. Below are a few examples.

ROI 124

ROI Average Handle Time Net Promoter Score NPS 124

ClearAction

AUGUST 29, 2015

3 Types of Customer Experience Action Essential to ROI. If your recipe for customer experience ROI does not call for 3 types of action, it will probably flop. Addressing one at a time can help you save one customer at a time from defecting to your competition.

ROI 117

ROI Customer Experience Culture Customer Experience Management 117

Beyond Philosophy

NOVEMBER 10, 2014

Here are some of the most comprehensive facts and figures that I’ve come across: A recent study of the Value of Customer Experience amongst two $1 billion+ businesses published in Harvard Business Review (HBR) managed to quantify the effects of good customer experience.

Net Promoter Score 164

Net Promoter Score ROI Customer Experience 2014 164

InMoment XI

NOVEMBER 26, 2024

Increased Resource Allocation Customer journey maps can help you identify problems and present a strong business case for customer experience improvement. 71% of organizations say customer journey mapping has successfully persuaded management to invest in CX efforts and fix existing customer problems.

Customer Journey Mapping 195

Customer Journey Mapping Customer Experience 2024 Customer Journey 195

Customer Bliss

OCTOBER 3, 2017

Enrique Gómez Alonso is since February 2015 Chief Customer Officer in Zurich Insurance Spain. In his current position he is responsible of defining and implementing Zurich Spain customer strategy, from customer experience to customer base management or customer data analytics. Understanding Quick ROI.

Chief Customer Officer 125

Chief Customer Officer ROI 2004 2015 125

eglobalis

JULY 2, 2024

Sony and LG in South Korea illustrate the challenges of applying NPS effectively in environments where sustained service excellence and relationship management are paramount. Revenue Growth: Tracks growth directly attributed to customer experience initiatives.

NPS 461

NPS Feedback Net Promoter Score B2C 461

InMoment XI

AUGUST 25, 2023

InMoment’s Principal CX Strategist Jim Katzman and guest speaker from Forrester, Senior Analyst Colleen Fazio discuss decision-making in regards to CX program initiatives, finding the right program size, proving ROI in your CX program, and more. Let’s dive into what we covered on our webinar.

ROI 195

ROI Net Promoter Score Webinar Financial 195

InMoment XI

NOVEMBER 15, 2023

What is the ROI of Customer Experience Analytics? Understanding the Return on Investment (ROI) of customer experience analytics is crucial for businesses aiming to justify their investments in this strategic initiative. Most organizations struggle proving ROI with their CX programs.

Insights 243

Insights E Commerce Customer Experience E-support 243

BirdEye

SEPTEMBER 18, 2020

Consumers expect personalized experiences at every point of the buying journey, so businesses looking to accelerate their growth and long-term success must provide outstanding personalized customer experiences at every touchpoint. Why are personalized customer experiences so meaningful? What’s missing?

Customer Experience 112

Customer Experience Management Touchpoint ROI 112

BirdEye

SEPTEMBER 18, 2020

Consumers expect personalized experiences at every point of the buying journey, so businesses looking to accelerate their growth and long-term success must provide outstanding personalized customer experiences at every touchpoint. Why are personalized customer experiences so meaningful? What’s missing?

Customer Experience 97

Customer Experience Management Touchpoint ROI 97

BirdEye

FEBRUARY 21, 2023

It’s especially important for local businesses looking to connect with their communities and grow their customer base. In this comprehensive guide, we’ll walk you through everything you need to know about social media management for local businesses. This helps build relationships between the company and its customers.

Social Media 98

Social Media Management Multi-Channel ROI 98

Beyond Philosophy

DECEMBER 8, 2014

One of the most important things they learned, however, was that improving Customer Experience starts with improving your Employee Experience and managing the pain of change for them. The way we did business years ago with a small base of customers was one-on-one, face-to-face, and we knew them intimately. You Will Now.

Engagement 142

Engagement 2014 Employee Experience Customer Experience Management 142

Thematic

JUNE 17, 2024

Measuring the ROI of your Voice of the Customer (VOC) program can be a challenge for many businesses. While VOC data holds valuable insights, it’s often difficult to quantify the impact of these insights on business outcomes like revenue growth, customer retention, and overall business growth.

ROI 62

ROI Net Promoter Score Return on Investment Multi-Channel 62

Thematic

MARCH 30, 2025

Companies that use AI-driven customer insights don’t simply react faster—they stay ahead of the curve. In fact, high-performing businesses are 128% more likely to report strong ROI from their investments in predictive analytics. That said, not all feedback analytics solutions are created equal.

Customer Insights 62

Customer Insights Insights Feedback E-support 62

InMoment XI

FEBRUARY 12, 2024

On the other hand, customer experience integrations focus on the collaborative efforts of different software applications to amplify the capabilities of customer experience management. How Does Integrated Customer Experience Work?

NPS 195

NPS Net Promoter Score Effort Score ROI 195

BirdEye

DECEMBER 28, 2024

Managing a unified presence across all these platforms requires systematic approaches and consistent attention. Staying current with these changes while managing daily restaurant operations is challenging. The more potential customers hear about your business, the more likely they are to click on your site/profile on Google.

Social Media 97

Social Media Books Demo Events 97

SurveySensum

OCTOBER 31, 2024

Boosts Business Growth and Profit A 5% increase in customer retention can result in a 25% increase in profit and the Pareto Principle states that 80% of your profit comes from 20% of your customer base. So, from an ROI perspective, it’s the best channel to invest in, right?

Customer Engagement 52

Customer Engagement Engagement 2024 Social Media 52

CloudCherry

DECEMBER 1, 2018

It’s even more difficult to measure the impact introducing proactive service has on the customer experience. Integrating your ticketing data with your CX data can help prove the ROI of proactive initiatives. Integrating your customer experience data with marketing automation software allows for hyper-personalized marketing campaigns.

CEM 186

CEM ROI 2018 Metrics 186

Experience Investigators by 360Connext

FEBRUARY 6, 2024

We know CX teams can deliver significant business advantages: Satisfied customers are much more likely to purchase more Revenue grows 40% faster by providing personalized experiences Businesses achieve a 2.3x CX teams use a variety of metrics to guide their efforts, drive improvements, and measure ROI.

Metrics 270

Metrics Net Promoter Score NPS Effort Score 270

Customer Bliss

MAY 5, 2015

To make sure your customer experience work stays on track, you need to constantly manage these seven inhibitors of customer experience success: Inhibitor 1: Starting with a Mantra, Not an Action Plan . Aligns database management (since the stages of the experience interrelate to one another).

Customer Experience 189

Customer Experience Net Promoter Score Roadmap Metrics 189

InMoment XI

SEPTEMBER 5, 2024

When companies do offer personalized experiences, 78% of those customers who receive that level of personalization are likely to make repeat purchases. With these statistics in mind, it is clear that delivering consistent, memorable experiences is a must for any organization looking to build and sustain a loyal customer base.

Net Promoter Score 195

Net Promoter Score Metrics Voice of Customer Touchpoint 195

West Monroe

APRIL 23, 2023

When it comes to change management, there is some widely accepted conventional wisdom. 15%+ of an initiative’s internal and external budget should be devoted to change management (based on complexity of change) 70% of projects fail in implementation It’s no surprise, therefore, that change management has a reputation problem.

ROI 52

ROI Management Banking Return on Investment 52

West Monroe

APRIL 23, 2023

When it comes to change management, there is some widely accepted conventional wisdom. 15%+ of an initiative’s internal and external budget should be devoted to change management (based on complexity of change) 70% of projects fail in implementation It’s no surprise, therefore, that change management has a reputation problem.

ROI 52

ROI Management Banking Return on Investment 52

ShepHyken

OCTOBER 4, 2019

Smart businesses are now turning their heads to customer engagement platforms. An effective customer engagement platform allows you to reward your brand loyals. Such rewards drive better revenues, ROI, and profits. What is customer engagement? Well, there is nothing fancy about customer engagement.

Blog 124

Blog Brands Engagement ROI 124

Customer Bliss

DECEMBER 22, 2016

Although many executives and business leaders are likely to agree with this notion, very few have successfully harnessed this belief and elevated the strategic importance of the customer’s needs to great effect. I believe very fervently that the people managing data and IT must link arms at the very beginning of this work with the CCO.

Chief Customer Officer 0

Chief Customer Officer 2017 Social Media Leadership 0

Totango

FEBRUARY 12, 2025

For enterprise organizations, managing customer relationships is far from simple. The scale of operations, diversity of customer needs, and complexity of organizational structures create unique challenges. Yet, one constant remains critical understanding customer health. Optimize outcomes for diverse customer bases.

Metrics 62

Metrics ROI Customer Relationships Customers 62

CSM Magazine

SEPTEMBER 21, 2022

However, live chat support is limited by labour since one representative can only attend to one customer at a time. This necessitates hiring more agents to keep up with the demands of a growing customer base. How to calculate ROI of ChatBot? ROI can be calculated as follows: current value – cost of investment.

ROI 52

ROI Return on Investment 2023 2022 52

CloudCherry

NOVEMBER 13, 2018

It’s even more difficult to measure the impact introducing proactive service has on the customer experience. Integrating your ticketing data with your CX data can help prove the ROI of proactive initiatives. Integrating your customer experience data with marketing automation software allows for hyper-personalized marketing campaigns.

CEM 170

CEM ROI 2018 Metrics 170

InMoment XI

MARCH 25, 2024

Organizations should take a closer look at predictive analytics examples to discover the myriad of ways that data and artificial intelligence (AI) can power more personalized customer experiences and enhance brand loyalty and customer retention. Identify Ideal Customer Profiles (ICPs). Prioritize sales efforts.

Customer Experience 195

Customer Experience Social Media E Commerce Retail 195

Gainsight

OCTOBER 22, 2020

To effectively improve retention, companies need to have a defined process in place to manage renewals. Additionally, it will also allow them to deliver a more consistent and positive customer experience for your customers. Customer sentiment (e.g. Return on Investment (ROI). The number of support tickets opened.

Customer Base 59

Customer Base Return on Investment NPS Metrics 59

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. Product Managers can preview the impact of a new customization feature on churn.

NPS 150

NPS E Commerce Financial Contact Center 150