Thematic

MAY 15, 2023

To get buy-in from stakeholders, you need to demonstrate how success will be measured, and the estimated return on your investment. And I’ll demonstrate linking your operational data to your customer experience measures, so you can see how to prove ROI to different stakeholders. Why go beyond the financial impact of CX?

NPS 62

NPS Financial Net Promoter Score ROI 62

GetFeedback

JULY 19, 2019

Communicate how you will measure success. To know what to measure, it’s important to understand the actual customer. There is no perfect formula for what to measure in a VoC program. Here are the three key ingredients: Consistency: Measuring anything consistently is better than no measurements at all.

Net Promoter Score 230

Net Promoter Score NPS Customer Journey Mapping Feedback 230

Feedbackly

MAY 2, 2024

However, the present conditions also demand a high level of efficiency and productivity to thrive in the market. Make sure you use KPIs like EVI® and NPS to keep track of customer satisfaction and loyalty. While quantifying the ROI on CX may sound difficult, it’s actually not. Here are some ways that can help.

Financial 52

Financial Customer Experience ROI 2024 52

GetFeedback

AUGUST 14, 2019

In customer experience (CX) terms, we often dismiss Customer Satisfaction Score (CSAT) measurement as too simple. Measuring just a piece of this journey can seem short-sighted or not as powerful as other CX metrics, like Net Promoter Score (NPS). CX shouldn’t ever be measured by one metric alone. Ways to use CSAT .

Metrics 273

Metrics Customer Journey Mapping Customer Satisfaction Net Promoter Score 273

ChurnZero

MAY 11, 2021

Companies who monetize Customer Success, see higher Net Promoter Scores (NPS). – Stephen Fulkerson #customersuccess #tsia #tsiainteract #NPS pic.twitter.com/Aqn1wMh1u7. There’s room for improvement in the industry with measuring and presenting ROI to your customers . Only 27.2%

2021 98

2021 Interaction Net Promoter Score Customer Success 98

Kitewheel

SEPTEMBER 16, 2019

With increasing demands from executives, customers, and even from employees to improve customer experience, your team needs a powerful strategy to prove ROI from CX investments. To solve this, leaders need to implement a journey step focused measurement framework. But none of this is easy. Data is the First Step .

Measurement 40

Measurement White Paper Customer Journey Document 40

Waypoint Group

MARCH 3, 2015

I’m often asked questions like this one: “Can you provide a benchmark on how much a B2B company can improve NPS during the first year of the program? Our executives want to understand the ROI from the effort and this will help.” This is the hard work with NPS, and is needed to drive real improvements.

NPS 60

NPS Net Promoter Score Metrics Measurement 60

Totango

APRIL 25, 2019

With an amazing NPS score of 87.5, the event impressively delivered on the high bar of excellence with a world-class venue, high quality presentations, meaningful conversations and fun, social interactions. The summit was well designed with high quality presentations. The opportunities to network were extremely valuable.

NPS 54

NPS Connections Events Customer Centricity 54

CSM Magazine

DECEMBER 8, 2022

You can take actionable steps toward your goals by outlining what you want to achieve as goals help measure, analyze, and optimize your success rate and return on investment (ROI). While setting goals, ensure they are measurable, attainable, and time-bound. Measure your CX metrics. Leverage automation and AI. Bottom line.

Net Promoter Score 52

Net Promoter Score Customer Experience Omnichannel Effort Score 52

Lithium

NOVEMBER 1, 2022

An Interview for Change: How AI and Automation Drive ROI Khoros has been a social care leader for years, but a tool is only as valuable as the one who wields it. Get to the bottom of the best ways to use and prove the ROI of Khoros Care with Khoros product marketing expert Josh Snider. Are you there ROI? Are you There ROI?

2022 52

2022 Roadmap ROI Social Media 52

Lumoa

SEPTEMBER 8, 2021

Measure CX without Surveys Online and email surveys, at best, have a response rate of 30%. The best type of voice of customer (VOC) feedback is unfiltered, real-time, represented across the customer journey, and measured across all data points and channels. Connecting metrics such as CSAT and NPS to revenue is complicated.

Customer Experience Management 83

Customer Experience Management CEM Customer Experience Management 83

Gainsight

JUNE 21, 2022

Improving user NPS with success plans. Although those costs tend to plummet in the long run, the return on investment (ROI) usually comes about a year and a half after the deal is closed. Improving user NPS with success plans. Improving Net Promoter Score (NPS) is not an easy feat. versus $0.63

2022 52

2022 Net Promoter Score NPS Return on Investment 52

Beyond Philosophy

FEBRUARY 10, 2020

However, business is also all about return on investment (ROI). An example I use many times in my presentations is our work with Maersk Line. They enlisted our global Customer Experience consultancy to improve their Net Promoter Scoreâ (NPS)* by 40 points over 30 months, which led to a 10 percent rise in shipping volumes.

2020 172

2020 Hospitality Return on Investment Telecommunications 172

Beyond Philosophy

MARCH 19, 2020

One of the critical pieces of insight that came out of the study was the thing that people want most of all in 2020 is growth, whether that means in revenue, market share or return on investment (ROI). ROI is one of the areas the organizations are struggling with regarding their investment in Customer Experience.

Net Promoter Score 191

Net Promoter Score ROI Customer Experience Professionals Return on Investment 191

Thematic

APRIL 3, 2024

Data-Driven Decision Making: Voice of the Customer insights replace guesswork, empowering you to make informed choices about marketing campaigns, pricing strategies, and operational changes that deliver measurable ROI. This lets you personalize their experience by presenting additional recommended products at optimal times.

Social Media 62

Social Media Feedback NPS Insights 62

TechSee

MARCH 4, 2024

What is the ROI of Generative AI in CX? The Costs of Generative AI-Powered Automation Implementing generative AI-powered automation in CX involves several costs, all of which must be taken into consideration to determine or project the ROI of Generative AI. However, even at this early stage, there is a clear ROI.

ROI 109

ROI Financial Net Promoter Score NPS 109

TechSee

MARCH 4, 2024

What is the ROI of Generative AI in CX? The Costs of Generative AI-Powered Automation Implementing generative AI-powered automation in CX involves several costs, all of which must be taken into consideration to determine or project the ROI of Generative AI. However, even at this early stage, there is a clear ROI.

ROI 109

ROI Financial Net Promoter Score NPS 109

AskNicely

SEPTEMBER 25, 2018

The Case for Executive Buy-in For an Advanced NPS Program. While it’s clear that executives should focus on only four or five key business initiatives—not try to do everything—one of those things should undoubtedly be championing customer satisfaction by supporting an advanced NPS program. Get The NPS Benchmark Study.

Net Promoter Score 60

Net Promoter Score Customer Success NPS Culture 60

ChurnZero

SEPTEMBER 20, 2022

The potential ROI for you includes glowing reviews, solid customer case studies, and constructive feedback to improve your product and service—as well as increased retention and recurring revenue. These four highlights from Ed’s presentation will help you improve your Customer Success approach to build more trust with every interaction.

Presentation 52

Presentation Sports Hospitality Consulting 52

Totango

AUGUST 21, 2020

I would say our challenge isn’t with the actual tool, it would be with how data is presented across the SAP landscape that leads to 80% of the questions and support tickets. Q: How has the impact been on your NPS, CSAT … customer loyalty since this transformation and using CS platform? We are 18 months in.

Innovation 116

Innovation Customer Success NPS Reference 116

Zeisler Consulting

SEPTEMBER 15, 2021

That’s on purpose, because the more I think about the “ ROI of CX ,” the more I realize that we in CX are writing checks that the Customers’ experiences alone (no matter how awesome they may be) can’t cash. Notice that there’s no mention in there about revenues, sales, or market share. So why even bother?

White Paper 93

White Paper Sales Brands ROI 93

Pointillist

MARCH 20, 2020

By Stephanie Ventura Customer-centric enterprises are increasing their investment in technologies that enable teams to measure and improve CX, while achieving key business outcomes such as maximizing customer lifetime value, reducing costs and more. For these “No Shows,” NPS drops to 14.

Customer Journey 70

Customer Journey Insights NPS Banking 70

CCO Council

NOVEMBER 2, 2017

One reason is that some customer executives struggle to demonstrate quantifiable ROI for customer initiatives. Transactional companies typically measure return frequency and average spend per visit. Subscription-based companies typically measure duration of repeat business, typically through retention, cross-sell, and upsell.

Customer Engagement 45

Customer Engagement Chief Customer Officer Engagement ROI 45

ReviewTrackers

MAY 8, 2017

Session topics include how to make the most of customer feedback , the different elements of ROI, employee engagement, the continued role of NPS in measuring customer satisfaction, agile operations, and in-depth measurement and insight, among others. Where: London, UK.

2017 50

2017 Events Customer Experience Customer Journey Mapping 50

SurveySparrow

MARCH 19, 2024

Pro Tip : This targeted approach also maximizes the ROI by increasing user satisfaction and retention rates. In-app NPS, CES, and CSAT Surveys There are a lot of survey types available, and using a mix of different surveys could bring meaningful insights. NPS Assesses user loyalty and the likelihood of recommending your app.

Feedback 52

Feedback User Experience NPS Touchpoint 52

Feedbackly

JANUARY 10, 2023

You may not need some of the features marked as “nice to have” However if you want to be confident that your time and money is going into something that will hugely impact the success of your business and reach a positive ROI for your CX strategy, the features labelled “mandatory” will be required.

Customer Journey Mapping 52

Customer Journey Mapping Customer Experience Customer Journey Feedback 52

Retently

AUGUST 5, 2024

Welcome to The Ultimate Guide to the Best B2B NPS Software of 2024 ! Let’s dive in and understand why NPS (Net Promoter Score) is such a big deal and how the right software can make all the difference. We know that choosing the right NPS software can be overwhelming, with so many options out there. Why is it important?

NPS 78

NPS B2B 2024 Net Promoter Score 78

Lumoa

JANUARY 11, 2022

What Is an NPS Software? It is vital for companies to know if their clients and customers are happy with their service and products, and NPS solutions are one of the best ways to find out. In simple words, NPS software is a tool, that helps businesses measure and track NPS results and get in-depth insights from customers.

NPS 103

NPS Net Promoter Score Feedback Multi-Channel 103

Gainsight

MAY 13, 2020

Ashvin Vaidyanathan, Gainsight CCO, and Ruben Rabago, Gainsight Chief Strategist, presented on how existential Customer Success is during a downturn. We love a CS + PX story because we truly believe that the two belong together so it was great to see CS and PM leaders present together during the last track of day one.

Roadmap 59

Roadmap ROI Customer Success NPS 59

Chattermill

AUGUST 6, 2019

CX professionals must be prepared to take concepts like NPS and CSATs and connect them to broader company success metrics by extracting insights from customer feedback to more tangible KPIs like sales, savings, and retention rates. For example, if your company used NPS as its primary CX metric. Present VoC Data in Role-Based Reports.

Voice of Customer 40

Voice of Customer NPS Metrics Multi-Channel 40

Chattermill

AUGUST 6, 2019

CX professionals must be prepared to take concepts like NPS and CSATs and connect them to broader company success metrics by extracting insights from customer feedback to more tangible KPIs like sales, savings, and retention rates. For example, if your company used NPS as its primary CX metric. Present VoC Data in Role-Based Reports.

Voice of Customer 40

Voice of Customer NPS Metrics Multi-Channel 40

SurveySensum

JULY 11, 2023

Finally, your burger arrives, perfectly cooked and beautifully presented. The Temkin Group, ROI of Customer Experience report implies that ‘loyal customers are 5x as likely to repurchase, 5x as likely to forgive, 4x as likely to refer, and 7x as likely to try a new offering.’ It doesn’t end here.

Brands 83

Brands Customer Experience Rewards Programs Touchpoint 83

Clicktools

MAY 26, 2017

Customer service, in fact, is such a critical aspect of CX that a large part of ROI calculations revolve around the agents in the experience. CX ROI calculations involve a mixture of: Productivity (volume) Metrics : Efficient agents save the company money by doing more in a shorter amount of time.

ROI 45

ROI Metrics NPS Presentation 45

CX University

JANUARY 20, 2021

In facing the CCXP exam questions; however, I was struck by how many questions presented me with a “well, it depends” thought process as I pondered the correct response. Somebody will test ROI, NPS, and an understanding of statistics such as correlation and causation. Measure twice, cut once! Be prepared to do some math.

Fashion 52

Fashion 2018 ROI NPS 52

Gainsight

OCTOBER 27, 2022

We’ll dig into building out your roadmap and major milestones for the first year including identifying the need, getting buy-in, building and launching, and measuring success. CS Ops plays a critical part in demonstrating the ROI of CS. Avoiding Management Debt. Ready to be unbeatable? .

Customer Success 52

Customer Success Roadmap Measurement ROI 52

GetFeedback

MARCH 21, 2019

So you’ve decided to use an NPS (Net Promoter Score) survey to improve your brand’s customer experience (CX). You’ve also made a spiffy design to present the survey, showcasing the care you put into asking the NPS question. Now, how do you use your NPS data to actually make your customers’ experience better?

NPS 186

NPS Customer Journey Net Promoter Score Social Media 186

Thematic

FEBRUARY 27, 2024

Because feelings are hard to measure, and those feelings often live at the heart of the customer experience. Measuring the ROI of Customer Experience Improvements Beyond Gut Feeling: Sure, you might sense customers are happier after an upgrade. Now you can measure how happier customers = more sales.

ROI 62

ROI Customer Experience Metrics Net Promoter Score 62