InMoment XI

NOVEMBER 2, 2022

If you’re like the majority of CX practitioners (CX Network’s “Global State of CX” report shows that it is the second highest concern for CX practitioners), you likely have quite a few ROI questions. Your Top 3 ROI Questions. How are you supposed to link improving experiences back to financial gain? Let’s dive in!

ROI 370

ROI Return on Investment Airlines Call Center 370

InMoment XI

DECEMBER 18, 2024

Businesses looking to increase their contact center ROI should invest in automation. It uses metrics from AI-enabled text analysis to evaluate how well agents respond and handle conversations. As a result, automated responses have greater ROI than manual ones. What Are the Benefits of Contact Center Automation?

Contact Center 195

Contact Center Customer Satisfaction ROI Call Center 195

InMoment XI

AUGUST 19, 2024

What is the ROI of Customer Experience? Customer Experience ROI is a critical metric that measures the financial impact of enhancing customer experiences. These benefits, when translated into financial metrics, help justify investments in these customer experience initiatives.

ROI 195

ROI Customer Experience Net Promoter Score Telecommunications 195

Experience Investigators by 360Connext

APRIL 23, 2024

Often, CRM systems are the tools used to track important customer data and feedback metrics.) CEM is no different, but tracking metrics alone is not a strategy. The bottom line here is that if you ONLY focus on customer metrics, you’ll miss an opportunity to make a real business impact. Strategy First. Define Success Always!

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

InMoment XI

OCTOBER 25, 2024

How Reputation Management Impacts A Restaurant Reputation management impacts a restaurant in terms of public opinion and business metrics. Curious about the ROI you could achieve with InMoment’s reputation management software? Try the ROI calculator below and see the impact for yourself!

Feedback 195

Feedback Management Social Media 2024 195

InMoment XI

OCTOBER 29, 2024

To see how you could maximize your business revenue and ROI with InMoment’s voice of the customer (VoC) tools, fill out the ROI calculator below! Calculate your business’ ROI using InMoment’s VoC tools. This is an important metric to track if you want to gauge long-term loyalty.

Loyalty 195

Loyalty Net Promoter Score Social Media Loyalty Programs 195

eglobalis

JANUARY 20, 2025

In this context , loyalty becomes more than just a metric; it is an indicator of long-term partnership strength. The stakes in B2B are high, often involving multi-year contracts, renewals, intricate supply chains if not technology or cloud-based solutions, and significant recurring financial investment.

B2B 427

B2B Loyalty Workshop Loyalty Programs 427

InMoment XI

JULY 4, 2022

And due to these conditions, businesses need to justify the return on investment (ROI) for every initiative—including their customer experience (CX) program. The key to facing these challenges is to build an ROI-focused customer experience from the ground up (and not as an afterthought). 4 Keys to an ROI-Focused CX Program.

ROI 370

ROI Return on Investment Social Media Measurement 370

InMoment XI

DECEMBER 10, 2024

Its an important metric to track because it highlights the number of customers leaving you. Fill out the calculator below to reveal how much ROI you can get from utilizing InMoments platform: Calculate your business’s ROI using InMoment’s VoC tools. What Is Customer Churn?

2024 195

2024 ROI Net Promoter Score Multi-Channel 195

eglobalis

JUNE 27, 2024

This can be achieved through training programs focused on empathy and customer service, performance metrics prioritizing customer satisfaction, and leadership modeling these priorities. Standardized performance metrics, tailored to account for regional differences, ensure accountability.

Customer Experience 460

Customer Experience Customer Centricity Net Promoter Score Government 460

InMoment XI

APRIL 13, 2022

Customer experience (CX) metrics are a CX program’s bread and butter. But it’s not easy—a CX metric score alone can’t create transformation. CX metrics aren’t one-size-fits-all. CX metrics aren’t one-size-fits-all. How are the metrics of field services, retail, call-center, first-contact resolution, etc.

Metrics 195

Metrics NPS ROI Call Center 195

eglobalis

OCTOBER 9, 2024

Gauge the ROI of the Feature Next, determine the potential return on investment (ROI) for the requested feature. If the ROI doesn’t justify the time, cost, and resources required to develop the feature, it might be better to focus on other initiatives. Feature development requires time, manpower, and financial investment.

Feedback 516

Feedback ROI Innovation B2B 516

InMoment XI

OCTOBER 24, 2024

These platforms focus on improving customer experience metrics such as customer satisfaction, loyalty, and retention. InMoment has also been recognized for having the fastest ROI time, the best support, and the easiest to use. G2 ranks InMoment the highest of the available platforms, with a rating of 4.7 out of 5 stars.

Customer Engagement 195

Customer Engagement Engagement E Commerce Omnichannel 195

InMoment XI

NOVEMBER 7, 2024

You can track this by monitoring pre-selected customer experience metrics to identify trends, understand customer preferences, and detect any drop-offs in the automated journey. Financial Services: Proactive notifications alert customers to unusual account activity or personalized tips to improve financial wellness.

Customer Experience 195

Customer Experience 2024 E-support Touchpoint 195

InMoment XI

OCTOBER 4, 2023

And, even more importantly, how can you do it so that you get financial proof points, such as proving the ROI of customer experience , from the efforts? Don’t get me wrong, metrics matter, but solely focusing on score management can lead to program stagnation. I like to be like the newspaper reporter who continually asks ‘why.”

Blog 418

Blog Customer Experience Net Promoter Score Financial 418

ClearAction

JANUARY 11, 2015

Metrics for Customer Experience Management. Metrics selection may be your most important decision for customer experience success. Metrics drive thinking and doing, because they communicate to executives and employees what matters most to the company, what will be visible to peers and the chain of command, and what will be rewarded.

Customer Experience Management 119

Customer Experience Management Metrics Customer Experience Management 119

InMoment XI

DECEMBER 13, 2024

The dashboard visualizes these metrics on a unified platform to provide insight into agent and call center performance. It monitors metrics like average talk time, call availability, and cost per call. Tracking Call Center Metrics Businesses can track call center metrics to ensure teams are meeting their objectives.

Call Center 195

Call Center Contact Center Social Media Metrics 195

GetFeedback

MAY 9, 2019

Stage 4 —O perationalize: You begin to re-design your company’s operational processes based on customer insight and other customer experience metrics. First, you need to create a CX metrics program. Set realistic goals of your key CX metric based on how it relates to business results. .

Article 337

Article Customer Experience Metrics Customer Journey Mapping 337

CloudCherry

MARCH 19, 2018

But often they fail to quantify the financial impacts of these initiatives. First and foremost, brands need to have a clear understanding of their CX investments and the ROI they’re looking to extract from it. • Link metrics such as CSAT, NPS and CES directly to business outcomes. Have a futuristic approach towards CX.

Customer Experience 247

Customer Experience Lifetime Customer Financial Culture 247

GetFeedback

NOVEMBER 25, 2019

Financial Advisors: 80%. Learn how to use the CSAT metric, boost loyalty, and prove the ROI of your efforts. Breweries: 85%. Cellular Telephones: 79%. Computer Software: 79%. Consumer Shipping: 78%. Cooperative Energy Utilities: 75%. Credit Unions: 81%. Department and Discount Stores: 76%. Fixed-Line Telephone Service: 70%.

Customer Satisfaction 293

Customer Satisfaction Apparel Wireless Insurance 293

GetFeedback

MAY 2, 2019

It’s really hard to justify a CX budget or initiatives to the Executive team or Board when you can’t demonstrate the huge ROI awaiting the organization…. How to Justify the Case for CX in Your Organization (and Prove the ROI!).” Proving the ROI of your CX initiatives. Why your leadership should care about CX.

Net Promoter Score 261

Net Promoter Score ROI 2018 NPS 261

SurveySensum

DECEMBER 4, 2024

This CX metric has the ability to gauge customer loyalty and predict business growth. What is NPS in Banking and Other Financial Institutions? NPS metric is used to gauge a business’s customer satisfaction and loyalty. Maintaining a strong reputation is key to managing risk in the financial sector.

Banking 52

Banking NPS Financial Net Promoter Score 52

Lumoa

JULY 10, 2018

And deciding to spend money on improving the customer experience is not easy, if the financial benefits are not well understood. As a business leader you are extremely familiar with numeric metrics – most likely your targets are around revenue growth and profitability. Let’s face it: customer experience improvements require money.

ROI 113

ROI Customer Experience Financial NPS 113

InMoment XI

NOVEMBER 26, 2024

Step 5: Understand Customer Sentiment While customer sentiment is usually a metric reserved for consumers who have already become customers, it can be useful in creating a customer journey map. These metrics can help you drive transformative action within your organization. References ​​Khoros.

Customer Journey Mapping 195

Customer Journey Mapping Customer Experience 2024 Customer Journey 195

Second to None

MARCH 29, 2019

Indeed, understanding this correlation between the two is very important, yet it leads to a new question: How does one actually calculate the ROI of CX? While the ROI of CX can seem abstract, and in-turn, difficult to consolidate into a straightforward proposal, the process is not nearly as daunting as one would imagine.

ROI 86

ROI Measurement Net Promoter Score Effort Score 86

InMoment XI

NOVEMBER 15, 2023

We’ll explore what customer experience analytics is, where it comes from, important metrics to consider, its benefits, real-world examples, and how to drive value from this practice. It involves the use of various metrics and methods to gain valuable insights into how customers perceive and interact with a business.

Insights 243

Insights E Commerce Customer Experience E-support 243

Lumoa

NOVEMBER 29, 2021

Is it possible to determine the ROI of customer experience, if so, how do you do that? In addition, we share tools that will help you calculate the ROI of your own customer experience projects. And deciding to spend money on improving the customer experience is not easy if the financial benefits are not well understood.

ROI 97

ROI Customer Experience NPS Financial 97

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

OCTOBER 8, 2024

Did you know that when you improve customer experience , you can realize financial benefits that directly affect the growth of your organization? Or a financial services institution might notice a customer opening a new savings account and suggest they meet with an in-house financial advisor.

Customer Experience 195

Customer Experience 2024 Net Promoter Score Financial 195

InMoment XI

OCTOBER 18, 2023

These systems should drive tangible short- and long-term return on investment (ROI) that build an ROI-focused experience programme. Prove Your CX ROI Go Beyond Improvements: Demonstrating Impact Proving your CX ROI is essential for securing buy-in from stakeholders and ensuring ongoing investment in enhancing customer experiences.

Customer Experience 195

Customer Experience 2023 ROI Return on Investment 195

InMoment XI

OCTOBER 4, 2024

Furthermore, organizations that choose InMoment for the customer experience management solution realize ROI in half the time compared to competitors. While quantitative metrics are valuable in their own right, combining them with qualitative insights provides a more comprehensive overview of the customer experience.

Customer Experience Management 195

Customer Experience Management Customer Experience Management 2024 195

InMoment XI

FEBRUARY 15, 2023

Stage #5: Realize Evaluate and demonstrate results of experience initiatives including (but not limited to) organizational change, improved metrics, and financial impact. Driving ROI from your customer experience efforts continues to be the biggest conversation in the CX community and the greatest challenge for most companies.

Sports 221

Sports Leadership Lifetime Customer ROI 221

Solvvy

JULY 8, 2022

Quantitative metrics allow you to assign a number to the current state, compare it to the past, and track your company’s progress toward your goals. Managers can use those metrics to guide strategy improvements and employee training. When and how to use those metrics. However, not everything is easy to measure.

NPS 106

NPS Metrics Customer Success Net Promoter Score 106

CloudCherry

MARCH 28, 2019

Connecting CX to ROI. Are you being sold vague intangible ROI metrics or are you given a direct connection between CX and the money? In the past, CX professionals have had to rely on proxy metrics like NPS and CSAT to show their impact on the business. Think about the business insights you’re getting from your CEM today.

Insights 231

Insights CEM NPS ROI 231

CloudCherry

OCTOBER 25, 2018

On September 27th, I had the great pleasure of moderating a panel at CEM Asia attempting to answer the question: How do business leaders quantify the ROI of CX? The North Star Metrics for CX Buy-in. Everyone on the panel was committed to the idea of keeping metrics simple and at the forefront of everyone’s minds.

CEM 170

CEM 2018 ROI Metrics 170

GetFeedback

JANUARY 27, 2020

ROI: If VoC results aren’t tied to clear financial metrics or business goals, you can’t validate the impact of your program. Step 2: Set clear goals and success metrics. Once you’ve gathered insights from your customer journey mapping, the next step is to set clear business goals and success metrics for your VoC program.

Feedback 221

Feedback Metrics Customer Journey Mapping ROI 221

CX Accelerator

APRIL 1, 2020

The Bad News: Whilst nobody is questioning the need to listen and respond to customers, they are now questioning the financial benefits of doing so. Whenever focus shifts to financial metrics, CX professionals at every level can fall into heightened levels of expectation. Or is it not as simple as that?

Metrics 228

Metrics Competitive Advantage Financial Leadership 228