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2020 CustomerExperience: 20 Wishes Lynn Hunsaker. 2020 customerexperience management is at a turning point. Forces on customers and business may otherwise make some turns that leave you behind. Here are 20 wishes for superior customerexperience management in the 2020s: 1) Redefine CustomerExperience.
State of Business-to-Business CustomerExperience Management. How relevant are the trendiest customerexperience management (CXM) practices in business-to-business (B2B) companies? High-Touch in B2B CustomerExperience. Trendy CustomerExperience Management. Seeing the Full Picture.
How to Make CustomerExperience Strategy Integral to Corporate Strategy. Is customerexperience management in your company (a) a subset of corporate strategy, (b) unrelated to corporate strategy, or (c) a determinant of corporate strategy? The money comes from customers. Why do companies succeed? Follow the money.
Your CEO understands how important customerexperience is to the success of your organization. They invest in resources to provide great experiences because they understand the immense return they get on those investments, right? . Without action , customerexperience becomes a nice platitude, but not a path to greater success.
How to Solve CustomerExperience Silos Lynn Hunsaker. Customerexperience silos are kryptonite, weakening your super-friendly staff, touch-points and designs. Smooth customerexperiences require silo-solving across the customer journey. How to Solve CustomerExperience Silos.
Exploring the Elusive ROI of CustomerExperience Management. Investments that entice CXM ROI include CRM, loyalty programs, references, engagement programs, content/digital marketing, alliances, advertising, campaigns, deals, and closing the loop on negative voice-of-the-customer one-by-one. Who's Benefiting ?
Customerexperience exists whether you are intentional about it or not. After all, your customer is experiencing the brand via every interaction, touchpoint, service call, and delivery. Leaders often say, “We’re just getting started with customerexperience,” but that’s a myth.
B2B CustomerExperience: Do This, Not That Lynn Hunsaker. Is business-to-business customerexperience management (B2B CXM) a watered-down or a souped-up version of consumer experience management? They’re important questions because customer scenarios differ in each case.
How to Increase Synergy in B2B Voice-of-the-Customer Lynn Hunsaker. If you’re looking for ways to gain more value from customer feedback, one of the best things you can do is banish silos. Beyond that, consider the silos of various components of customerexperience management (CXM).
Most people understand the importance of creating great customerexperiences —nevertheless, many struggle with the complexity of working holistically and long-term with a CustomerExperience strategy. CustomerExperience (CX) is far more than traditional customer service and marketing.
The focus on enhancing customerexperience has gained traction in recent years. As businesses recognize its value, the shift from a product-centered approach to a customer-centric one continues. Actionability is also, as we believe, one of the essential aspects of customerexperience management.
CustomerExperience Governance: Do This, Not That. Governance doesn’t get much airtime in customerexperience management conversations and writings. Customerexperience governance is essential to ongoing success, especially in terms of enduring CX ROI (return on investment). Just what is it, anyway?
CustomerExperience for the Future: Context is King. Every job exists thanks to customer funding. As Peter Drucker said, “The customer is the foundation of a business, and keeps it in existence.” Context is one of five success factors described in my recent article, CustomerExperience for the Future: 5 Keys.
CustomerExperience for the Future: Outside-In Beyond Skin-Deep. "Outside-in" "Outside-in" is a popular term in the customerexperience field. It refers to the importance of customers' inputs as a guiding light for the inner workings of an enterprise. Are You a CustomerExperience Action Hero?
Strategic CustomerExperience Action on Voice of Customer Lynn Hunsaker. Strategic customerexperience results require a strategic approach in the way we collect data and in the way we take action on it. There’s really no way to separate customers, as our ultimate funders, from any other business strategy.
Advancing CustomerExperience Expertise in CX Month optimizecx. Customers are the lifeblood of everyone’s food on the table. No matter what your income source is, it’s fueled by customers. CX Day is in the first week of October, founded by the CustomerExperience Professionals Association ( CXPA ).
How to Solve CustomerExperience Silos Lynn Hunsaker. Customerexperience silos are kryptonite, weakening your super-friendly staff, touch-points and designs. Smooth customerexperiences require silo-solving across the customer journey. How to Solve CustomerExperience Silos.
The Future of CustomerExperience Calls Urgently for a Significant Shift Lynn Hunsaker. The future of customerexperience (CX) is sure to be influenced by artificial intelligence, digitalization, the sharing economy, generational preferences, cross-pollinated expectations and much more. Here’s why: CXM Status Quo.
The Super-Heroes of CustomerExperience are here! CustomerExperience – The new focus of 2020! CustomerExperience has become a top priority for businesses in 2020. They have not only brought new perspectives on the table but have redefined the customerexperience exceptionally!
CustomerExperience for the Future — Key #1: Context is King Lynn Hunsaker. Every job exists thanks to customer funding. As Peter Drucker said, “The customer is the foundation of a business, and keeps it in existence.” And how many managerial decisions promote customerexperience excellence?
Chief Customer Officer strategy varies widely, with a mix of defense and offense playbooks. Defensive plays in customerexperience management (CXM) are in Service, Loyalty programs, Net Promoter System, and closed-loop Voice of the Customer (VoC).
2020s Customer Value: 20 Wishes Lynn Hunsaker. 2020s customerexperience management is at a turning point. Forces on customers and business may otherwise make some turns that leave you behind. Here are 20 wishes for superior customerexperience management in the 2020s: 1) Redefine CustomerExperience.
CustomerExperience Management vs. Customer Relationship Management – What are the Key Differences? Good customerexperience goes beyond a transaction — it’s about making your customers feel heard, valued, and understood. But as customer expectations evolve, so do the tools to manage them.
Customerexperience has been on the rise during the last couple of years. From the traditional product-oriented businesses we’re moving towards customer understanding and customer-centric approaches. Whether you’re new to customerexperience or coming for little inspiration, this is the right place.
Organizational Adoption of CustomerExperience Excellence Lynn Hunsaker. Organizational adoption of customerexperience excellence is the holy grail that drives sustained growth. Temporary upticks in revenue are possible without it, yet optimization of customer lifetime value requires it.
Business-to-Business CustomerExperience Advice Highlights. Business-to-business customerexperience management has certain complexities and advantages that need to be well understood by practitioners and vendors alike. Business-to-Business CustomerExperience. Advice This Past Year. Highlights.
Highlights of CustomerExperience Strategy Advice. Over the past year, I’ve written quite a bit about customerexperience management strategy, including a six-part series about keys to success in the future. Shared vision, strategic planning, and governance are rarely discussed in customerexperience literature.
Using B2B VoC to Transform CustomerExperience Lynn Hunsaker. Customerexperience transformation is the top priority of business-to-business (B2B) companies that track customer survey data. That’s according to a series of global B2B customerexperience studies that I led. Why is there a gap?
CX directors and managers, get together with your team to look at your customerexperience metrics and where you want to go next. In this session, our customerexperience management experts walk you through a 3-step customerexperience framework (with downloadable PDF!) Sign up for more PeopleMetrics LIVE!
What are CustomerExperience Process Silos? All the players have integral parts choreographed to deliver a satisfying experience. It’s possible that most pain in business is caused by silos, affecting employee experience, customerexperience, and shareholder experience alike. Lynn Hunsaker.
CustomerExperience for the Future — Key #5: Momentum Drives Company Growth. New customers and returning customers are the fuel of company growth. Company growth is the ultimate reason for customerexperience management, and companies that drive organic growth are more likely to thrive in the future.
Customerexperience maturity models place organizational adoption and accountability for driving business change per VoC at the tail-end of the customerexperience management effort. Only 4% of of Voice of the Customer (VoC) programs are transforming customerexperience.
Customer communication management should be high on any company’s agenda – and yet, 88 percent of organizations aren’t satisfied with how they manage customer-facing communications across the customer journey, according to Forrester. But what exactly is customer communication management? Let’s take a look. But no longer.
Voice-of-the-customer (VoC) ROI can be elusive unless you’re adamantly driving customerexperience transformation. Value chain thinking is extremely valuable in customerexperience management. That is what customers reward. and Customers First Drives Business Performance ).
Customerexperience has been on the rise during the last couple of years. From the traditional product-oriented businesses we’re moving towards customer understanding and customer-centric approaches. Whether you’re new to customerexperience or coming for little inspiration, this is the right place.
Customerexperience maturity models place organizational adoption and accountability for driving business change per VoC at the tail-end of the customerexperience management effort. Only 4% of of Voice of the Customer (VoC) programs are transforming customerexperience.
Industrial customers have a lot riding on most things they buy. High-pressure components of their customerexperience include their reputation, productivity, time-to-market, cycle time, assets usage, opportunity cost, substantial financial risk, and career paths. B2B Customer Loyalty. B2B CustomerExperience Influencers.
Can this principle apply to customerexperience? Not only do I believe the answer is a resounding “Yes,” I’ll go so far as to say it’s imperative to customerexperience success. That’s why CX leaders must do everything they can to be proactive about their customerexperience strategy.
Indeed, among companies participating in XM Institute’s State of Voice of the Customer Programs study, only “one-quarter think they are good at actually making changes to their business based on the program’s insights”. Accordingly, your brand will have a greater magnetic attraction to both new and renewing customers.
Well CSAT tools will help you understand how satisfied your customers are, how you can reduce customer churn, and consequently, how you can improve your products and services. Its advanced analytics provide actionable insight from customer feedback. This helps in improving customerexperience and thereby inducing satisfaction.
Improve your customers’ experiences. Brands need to know what their customers are saying about their products, services, and messaging to communicate with them in a meaningful way. Lay the foundation for a unified customerexperience across your digital ecosystem. Protect your brand’s reputation.
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