Remove Gaming Remove NPS Remove Text Analytics
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AI and Real-Time Tech vs. Traditional CX Surveys: Who Will Win the Upcoming Battle?

eglobalis

For years, metrics such as the limited Net Promoter Score (NPS) and customer satisfaction (CSAT) surveys have been the backbone of CX perceived measurements along some other metrics and data. Some front-line employees, under pressure to improve scores, even game the systemnudging only happy customers to take surveysdistorting the truth.

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How to Improve Your Net Promoter Score (NPS): Comprehensive Strategies for Success

SurveySensum

NPS is a critical business KPI that tells you how likely your customer is to recommend your product or service to others. Understand Where You Stand Before improving your NPS, its essential to establish a baseline. So, understand the structure of the current NPS program. When are you sending the NPS surveys?

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The Role of NPS in Banking and Other Financial Institutions

SurveySensum

Using NPS in finance industry can get to the heart of why customers would or wouldn’t recommend them to others. In this guide, we’re going to take a deep dive into why NPS in banking industry is so important, how to work it out, how to use it to get better, and more. What is NPS in Banking and Other Financial Institutions?

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The future of surveys? Maybe no surveys at all

Heart of the Customer

We’ve all heard of car salespeople, retail employees and restaurant staff who game the system. Now combine gaming with survey fatigue. But you don’t have to look to the future to find the potential behind text analytics. Ignore NPS, Customer Effort, and all the rest.

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A to Z Guide to Customer Experience Definitions and Terms (Updated)

Lumoa

Both groups of technologies can be utilized to make analytics more actionable. Why is NPS ® going up or down? 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? What metrics should you follow?

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Focus on What Matters Most with Key Driver Analysis

SurveySensum

Your NPS or CSAT scores give you a snapshot of your customer sentiment, but is that enough? With the help of key driver analysis, you can find out exactly which elements (like pricing, product quality, customer support) drive key CX metrics like NPS or CSAT. Then, analyze customer feedback with text analytics to find recurring themes.

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Text Mining Explained: How To Do It Right & Act on Feedback

SurveySensum

In this case, traditional data analysis methods struggle to process this vast amount of text, which is where text mining becomes a game-changer. Heres why text mining is crucial across industries: Extracts Actionable Insights : Every day, around 328.77 But doesnt it sound similar to text analysis?