Hodusoft

NOVEMBER 27, 2024

Building Customer Loyalty: Insights and Best Practices for Transforming Your Business For every business, customer loyalty matters a lot. That’s because it’s just not viable for a business to start a venture, sell only one product once to every customer, and stay afloat for long.

Customer Loyalty 52

Customer Loyalty Contact Center E-commerce Omnichannel 52

ECXO

JULY 26, 2023

Leverage predictive modelling Leveraging predictive models helps you anticipate customer behaviors and preferences. By analyzing real-time data, organizations can identify buying patterns, predict churn, and optimise their marketing strategies. The more complete the customer view – the more accurate the predictions.

Predictive Analytics 296

Predictive Analytics Education CX Touchpoint 296

ECXO

MAY 27, 2024

This article explores the current landscape of AI in enterprise software, highlighting its growing impact on user adoption and its transformative potential to improve customer loyalty, streamline workflows, and reduce operational costs.

AI 227

AI Technology Technology CX 227

CommBox

JUNE 4, 2024

Welcome to the age of AI-powered predictive analytics. AI predictive analytics enables organisations to transform customer service into a proactive, personalised experience. AI-powered predictive analytics enable companies to determine demand and handle their resources effectively.

Predictive Analytics 52

Predictive Analytics AI Artificial Intelligence Structured Data 52

DMG Consulting

AUGUST 16, 2022

Question: How are contact centers and their systems using predictive analytics? Answer: Contact centers utilize predictive analytics in a number of ways to anticipate the probability of future behaviors or occurrences, and their potential impact on the customer and employee experience and bottom line.

Predictive Analytics 48

Predictive Analytics Contact Center Net Promoter Score NPS 48

SurveySensum

SEPTEMBER 11, 2024

Predictive Analytics Companies have access to a vast amount of data from multiple sources that enable them to predict customer behavior and outcomes more accurately based on their previous interactions. This will not only boost customer loyalty but also scale the business with minimal extra investment.

Predictive Analytics 52

Predictive Analytics AI Customer Experience Text Analytics 52

Customer Think

SEPTEMBER 6, 2024

I’ve been in the Customer Success field for several years now, and if there’s one thing I’ve learned, it’s that data can be both a blessing and a curse. On one hand, we have more information about our customers than ever before – what they like, what they need, where they’re getting stuck. But on […]

Predictive Analytics 64

Predictive Analytics Customer Loyalty 64

Beyond Philosophy

JULY 7, 2015

When it comes to Customer loyalty and retention, most organizations want to appeal to the rational side of their Customers. What I know from over a decade in the Customer Experience game, however, is that rationality has less to do with it than you think. Over 50% of the Customer’s Experience is tied to their emotions.

Net Promoter Score 113

Net Promoter Score Predictive Analytics NPS Customer Loyalty 113

ECXO

AUGUST 21, 2024

Creating Value and Building Relationships Just as gold is valuable and sought after, a successful customer experience organization creates value in every interaction. They build strong, trust-based relationships with their customers, ensuring that each touchpoint is meaningful and contributes to customer loyalty and satisfaction.

CX 156

CX Social Media Touchpoint Predictive Analytics 156

Adrian Swinscoe

MARCH 13, 2025

Over the past eight years, customer acquisition costs have soared 222%. [] The post Addressing e-commerces 5 biggest CX challenges with AI and personalization first appeared on Adrian Swinscoe. This is a guest post from Ken Tantsura, the Vice President of Innovations at Customertimes.

E-commerce 147

E-commerce AI CX Customer Acquisition 147

Retently

NOVEMBER 27, 2024

Analyzing Market Trends and Customer Behavior 2. Personalizing the Customer Journey 3. Building Customer Loyalty for Retention 6. Focus on building long-term relationships through customer loyalty programs, social media engagement, and influencer collaborations to keep customers coming back.

Sales 149

Sales Social Media Predictive Analytics Start-ups 149

Lumoa

FEBRUARY 9, 2023

Why are your customers turning away from you? Why is the retention of your customers so high/low? But machine learning technologies can also help you to move from diagnostic to predictive analytics: if I fix this issue in my customer experience, how much will my churn decrease?

Net Promoter Score 167

Net Promoter Score Customer Experience B2C Social Media 167

ECXO

NOVEMBER 16, 2023

It’s being deployed to generate real-time insights from vast data sets to serve customers, automate campaigns, streamline processes, make data-led decisions and drive efficiencies. Predictive analytics are being used to anticipate customer needs, identify likely issues and and work out what comes next.

AI 194

AI CX Customer Experience Artificial Intelligence 194

Zendesk

FEBRUARY 7, 2022

Predictive analytics. Predictive analytics forecasts what your customers are likely to do based on historical data. This can help your support team anticipate customer needs and identify patterns, and as a result, deliver a better experience.

Predictive Analytics 98

Predictive Analytics Social Media Net Promoter Score NPS 98

Hodusoft

OCTOBER 17, 2024

Lack of Proactive Customer Engagement Without AI’s predictive analytics, call centers may miss opportunities to engage customers proactively. For example, they may not identify potential issues until customers reach out, leading to a reactive rather than proactive service approach.

Omnichannel 52

Omnichannel AI Customer Service Contact Center 52

Fonolo

MAY 23, 2023

Enhanced Loyalty and Retention A study by Gartner found that companies with strong personalization strategies generate 20% more revenue than those without. Hyper-personalization goes even further: strengthening customer loyalty and reducing churn rates.

Contact Center 106

Contact Center Machine Learning Social Media Artificial Intelligence 106

Beyond Philosophy

DECEMBER 23, 2015

CCOs must understand marketing, sales, service, brand perceptions, and operations, of course, but their principal goal should be to deepen relationships, establish greater levels of trust, and build stronger customer loyalty behavior. Customer Insight, Data and Action Generation.

VOC 100

VOC Predictive Analytics Customer Loyalty Customer Retention 100

Lumoa

JANUARY 11, 2022

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. Net Promoter Score is a benchmark for customer loyalty that tells how your customers understand your business and feel about it.

NPS 97

NPS Net Promoter Score Sentiment Analysis Text Analytics 97

Aquire

OCTOBER 19, 2021

Some business benefits of the different types of customer analytics are: Higher customer satisfaction and retention Lower lead generation and acquisition costs Increased sales and revenue Better brand awareness Increased user/customer engagement. Diagnostic analytics. Predictive analytics. Watch now.

Social Media 97

Social Media Net Promoter Score NPS Omnichannel 97

Lumoa

NOVEMBER 7, 2022

As it stands, 48% of customers have stopped doing business with a company because they were concerned about their data privacy — making data security a top issue when it comes to customer loyalty. #7 Companies are using AI for predictive analytics AI has been on most CX trend lists for the past few years.

Customer Experience 78

Customer Experience Predictive Analytics Close the Loop CX 78

InteractionMetrics

APRIL 17, 2025

Where It Falls Short: Less advanced for predictive analytics and large-scale enterprise research. Retently Retently focuses on core CX metrics like Net Promoter Score (NPS) , Customer Satisfaction (CSAT) , and Customer Effort Score (CES). Where It Falls Short : No predictive analytics or enterprise-level segmentation.

E-commerce 40

E-commerce Hospitality Hospitality Sentiment Analysis 40

InteractionMetrics

MARCH 27, 2025

The Psychology Behind Retaining Customers Now that you understand why customer retention matters, let’s take a step back and explore the psychology behind it. This is what allows you to build deeper connections and boost customer loyalty with your buyers. At its core, customer retention taps into basic human nature.

Customer Retention 52

Customer Retention Net Promoter Score NPS Predictive Analytics 52

Beyond Philosophy

DECEMBER 3, 2015

You therefore need to understand behavioral economics and how to make the most of Customer’s irrationality. When you have mastered this I then suggest you look into the whole area of predictive analytics and define how you can predict customer’s true behavior.

Predictive Analytics 87

Predictive Analytics Customer Experience CX Customer Retention 87

Retently

APRIL 5, 2024

Self-service options, including self-checkout systems and digital information kiosks, empower customers with autonomy and skill, improving the shopping experience and the retailer’s operational efficiency. This technology is set to transform customer experiences, with CEOs prioritizing customer service for their generative AI investments.

Retail 78

Retail Customer Experience Omnichannel Social Media 78

SurveySensum

FEBRUARY 17, 2025

Standout AI Text Analysis Features Thematic Analysis : It automatically identifies recurring topics and themes within customer feedback. Sentiment Analysis : It goes beyond simple positive or negative categorization and detects subtle sentiment shifts and how they impact customer loyalty.

Text Analytics 52

Text Analytics Sentiment Analysis Social Media Machine Learning 52

VOZIQ

NOVEMBER 20, 2023

To light your way, this month’s edition highlights a few thought-provoking content pieces that delve into the realms of generative AI, predictive analytics, and other strategies that are poised to reshape the landscape of recurring revenue businesses.

Predictive Analytics 52

Predictive Analytics Customer Retention Social Media AI 52

Bill Quiseng

MAY 8, 2017

This all underscores the importance of maintaining current and correct customer information. If customer information is kept accurately and up to date, it can prove to be invaluable when used with predictive analytics technology.

CRM 83

CRM Predictive Analytics Customer Relationship Management Social Media 83

Beyond Philosophy

DECEMBER 5, 2017

These employees have some potential to impact the customer experience; and there is documented, often incidental, evidence of correlation between the two. However, there is little proven direct causation, the specific, defined linkage of employee thinking and behavior to customer loyalty and advocacy.

CX 68

CX Predictive Analytics Social Media Customer Experience 68

VOZIQ

NOVEMBER 14, 2023

In the dynamic landscape of modern subscription business, customer-centric leaders face the imperative of not only retaining customers but also driving sustainable growth. They’re often faced with questions such as: How do we unveil and address churn drivers to improve customer loyalty and lifetime value?

AI 40

AI Net Promoter Score Predictive Analytics Artificial Intelligence 40

Retently

JANUARY 13, 2025

It pinpoints friction points that might otherwise go unnoticed, making it an invaluable metric for improving the customer journey. According to a Harvard Business Review article reducing customer effort increases the likelihood of a customer repurchasing by 94% and their likelihood of increasing spending by 88%.

Sentiment Analysis 117

Sentiment Analysis Net Promoter Score NPS Touchpoint 117

Qualtrics

JANUARY 30, 2019

It won’t be news to the financial services world that customer loyalty is under threat. Customer expectations are higher than ever and with the barriers to entry reducing, new challengers and competitors have entered the market, putting more pressure on existing giants like Mastercard to raise the bar.

Close the Loop 34

Close the Loop Predictive Analytics CX Customer Loyalty 34

1 to 1

MAY 5, 2013

Customer Champions. Customer Experience. Customer Loyalty. Customer Service. Customer Strategy. Data Analytics. Voice Of The Customer. Customer Experience. Customer Loyalty. Customer Service. Customer Strategy. Data Analytics. Customer Experience.

Entertainment 42

Entertainment Sports Social Media CRM 42

SurveySensum

MAY 2, 2024

Having mastered the art of listening, let’s see how companies translate this symphony of the voice of the customers into real-world improvements through the power of closed-loop feedback. Impact of Closed Loop on Customer Service: 10 Brand Examples 1. Data-Driven Innovation Imagine a bustling coffee chain, Bean & Grind.

Close the Loop 52

Close the Loop Customer Service Social Media Innovation 52

VOZIQ

MARCH 11, 2024

on customer profitability, 6.5X on customer retention, and 9X on customer loyalty. organizations currently implementing data-driven approaches—ranging from predictive systems to AI-driven automation—are doing sporadically across their operations, resulting in missed opportunities and inefficiencies.

Contact Center 40

Contact Center ML Predictive Analytics AI 40

SugarCRM

JULY 4, 2024

Learn More Robust CRM solutions also feature predictive analytics capabilities. Predictive analytics embedded into CRM tools also helps manufacturers better identify potential bottlenecks and proactively develop strategies that may help them overcome these.

Manufacturing 26

Manufacturing CRM Sales Predictive Analytics 26

SurveySensum

DECEMBER 1, 2021

The reason is… NPS is not a metric that just measures customer loyalty and satisfaction, it actually gauges the overall emotion of the customer towards your brand. Organizations can use their net promoter score to discuss problem areas, improve the experience of their customers, monitor loyalty trends, and grow revenue.

NPS 52

NPS Net Promoter Score Sentiment Analysis CRM 52

Ameyo Callversations

AUGUST 24, 2022

The Natural Language Processing (NLP) technology used in these bots uses predictive analytics to understand user intent from their conversation or queries raised. The AI-based chatbot industry is expected to become the driving force for business communications. Sentiment Analysis for Chatbot Behavior.

AI 52

AI Sentiment Analysis Contact Center Artificial Intelligence 52