Delivering strong customer experiences (CX) ties directly to your bottom line. According to a 2017 study by professional services company KPMG, customer experience leaders achieve higher revenue growth than customer experience laggards, with the top 25 CX leaders bringing in more than seven times that of CX laggards in one year alone.
https://www.cmswire.com/customer-experience/5-customer-experience-trends-to-watch/
Ask a few friends or colleagues what brands they admire and why. They may mention brands with innovative products or a cool visual vibe, but dig deeper and they’ll likely tell you how a brand makes them feel -- maybe about an inspiring video on Facebook, an app that makes life easier or a pain-free return process. What they’re describing is the experience the brand delivers to customers. And customer experience (CX) is where great brands stand apart, where disruptive brands disrupt and where industry leaders leave the competition behind.
https://www.forbes.com/sites/forbesagencycouncil/2018/04/11/build-the-right-team-for-a-customer-experience-home-run/#719492e1593a/
To provide great CX reliably and efficiently, companies must master the six competencies of customer experience management (CXM): research, prioritization, design, enablement, measurement, and culture. Unfortunately, common misconceptions can cause even the most experienced CX professionals to stumble along the path to CXM maturity. In our new report, Avoid These 14 CX Misconceptions, my colleagues and I detail the most common misunderstandings and explain how CX professionals can get back on track.
https://go.forrester.com/blogs/avoid-these-top-cx-misconceptions/
Small business is the engine of the American economy. Fortunately, it’s growing – 69% of small business owners expected revenue growth in 2017. And it’s robust growth, too: 38% of them expected their businesses to grow by more than 5%.
So how did these owners plan to achieve that much growth?
As you can see below, they’ve got quite a few ideas. But improving existing customer experience and retention tops the list.
https://www.business2community.com/consumer-marketing/customer-experience-retention-single-best-way-increase-revenue-02043183/
Continuous testing is a term that is commonly associated with software development. The objective of this process is to reduce the time it takes for developers to gather user feedback data and use it to tweak the product. This brings down the time it takes to fix bugs and usability issues on the user’s end and thus contributes to a better customer experience. In some ways then, continuous testing can also be looked at as a marketing strategy. In this blog, let us look at a few ways a business can keep a tab on customer experience through continuous testing.
https://hyken.com/customer-experience-2/guest-blog-how-to-keep-a-tab-on-customer-experience-with-continuous-testing/
Customer experience has supplanted content marketing and mobile marketing as the secret of e-business success for entrepreneurs.
User experience is important from an SEO perspective as well – websites where users don’t spend more than 10 seconds, because of messed up user experience designs, fail to sustain their rankings. What’s more, a Walker study predicts that customer experience will be more important than price as well as product by 2020.
The big question, then, is – how should businesses make use of this insight and grow more than their competitors? The answer – by focusing on customer experience on mobile. Though businesses need to deliver robust customer experiences across channels, mobile is where the leverage lies.
https://www.smartinsights.com/user-experience/usability/7-ways-improve-customer-experience-mobile/
In the last several years, there is no doubt that improving the customer experience (CX) has been a top priority for any company looking to improve employee performance, drive customer value, and grow their bottom line. Yet there remains a gap between those CX leaders who successfully lead their organization in effecting CX change and those who do not. What makes the difference?
CX leaders know how to do these five things successfully:
https://www.inmoment.com/blog/5-things-successful-customer-experience-leaders-know-that-others-dont/
Imagine a support center with a competent level 1 support team. A level 1.5 team receives warmly transferred calls and chats. Shift-left activities combined with a Knowledge Centered Service (KCS) approach ensure support processes are steadily handed off from level 2 to level1.5, level 1, and ultimately level 0. All Key Performance Indicator (KPI) targets are exceeded, met, or approached very closely. Resolution rates sky rocket to close to 90% between level 1 and level 1.5. Customer satisfaction rates are consistently high and above the 93% target. The ball seems to be hit out of the park in most, if not all respects. Support center management is pleased with the results. Might they even have become slightly complacent?
https://www.thinkhdi.com/library/supportworld/2018/understand-customer-experience-journey.aspx/
Infiniti Research, a world-renowned market intelligence solutions provider, has announced the completion of their latest list blog on the top five fundamental principles to build a strong customer experience.
Building an excellent customer experience is an important step toward success, regardless of the industry in which you operate. Organizations in different sectors are investing their money, time, and efforts into improving their customer experience management. Anything and everything a company does is to enhance the customer’s perception of the brand. Hence, customer experience management includes everything starting from the message you use, the products you sell, the sales process, and after-sale services. In this blog post, we’ll take you through the top five fundamental principles to build a strong customer experience.
https://www.businesswire.com/news/home/20180403005800/en/Top-Fundamental-Principles-Build-Strong-Customer-Experience/
Why does your organisation need an effective customer experience programme? Well, here’s just a few interesting statistics for insight on how Customer Experience really impacts your organisation.
80% of CEOs believe they offer a superior customer experience. Only 8% of their customers AGREE. So why the big gap in perception?
http://customerthink.com/statistical-insight-on-the-impact-of-customer-experience/
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