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Scooped by
James Schreier
November 9, 2020 9:57 AM
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Let’s face it, the number of items on the plate continues to increase. Customer expectations continue to rise, while at the same time, all parts of the business are dealing with increased pressure to operate with greater efficiently and at lower cost. 2020’s COVID issues have only upped the stakes! It’s never been more important for teams to demonstrate just how much of a value driver they are.
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Scooped by
James Schreier
November 2, 2020 9:39 AM
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The COVID-19 pandemic has driven unparalleled rates of digital transformation–especially as it relates to improving customer experience. And companies are expected to continue to pursue digital transformation efforts in what’s been forecast as a $7.4 trillion dollar market.
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Scooped by
James Schreier
October 26, 2020 9:00 AM
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Bianca Benedi takes a look at how customer service can be improved in the auto industry. The automotive industry is huge, employing 1.7 million people directly and contributing to around 8 million other jobs through the sectors it is associated with.
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Scooped by
James Schreier
October 19, 2020 10:09 AM
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For any business that depends upon recurring revenue from in-contract customers, the customer retention rate is a strong predictor of long-term profitability. There is a reason for this. Today’s customers are increasingly more aware and have a very low barrier to switching their providers. With just one click of a button, they can cancel ongoing relationships and switch to a new provider with equal ease.
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Rescooped by
James Schreier
from Blue Ocean Strategy
October 5, 2020 9:00 AM
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Today, putting customers at the heart of innovation is a no-brainer for most business managers. However, should the innovation process involve all customers or only specific segments? In this article we explore the hurdles of these initiatives and propose a method to select the most relevant customers with whom to innovate.
Via Beeyond
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Scooped by
James Schreier
September 21, 2020 9:00 AM
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A Customer Success Strategy is a proactive approach to customer relationships; anticipating the problems they might face by knowing and understanding them first. It also means making sure that customers have the right tools they need to reach their goals when they intend to reach them.
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Scooped by
James Schreier
September 14, 2020 12:45 PM
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Unlike the manufacturing and service economies, in the experience economy spending time is more important than spending money. Time is the real scarcity in life because everyone, rich or poor, only has 24 hours in each day. So, the customer’s perceived value of time spent is a critical benchmark for the value proposition of your offerings.
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Scooped by
James Schreier
September 14, 2020 9:00 AM
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Resist these customer service urges that you will otherwise regret. Latest tips fr Kate Nasser, The People Skills Coach™ | Leadership Customer Experience
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Scooped by
James Schreier
September 7, 2020 10:49 AM
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Just a few short months ago, I didn’t think that it would have been possible for customer-centricity to become any more important. But things happen and now everyone is fighting to keep their businesses afloat. So the new and constantly changing desires of our customers have become a top priority for us all to follow.
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Scooped by
James Schreier
August 24, 2020 9:00 AM
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Today, e-commerce is growing at a rapid rate. The pandemic situation has further accelerated the pace of digital transformation in retail, with many brick
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Scooped by
James Schreier
August 17, 2020 9:00 AM
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What kind of person have I been through this pandemic? Have I displayed leadership?
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Scooped by
James Schreier
August 10, 2020 10:02 AM
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Reducing customer churn is a tall challenge for every company. Marketers are well aware that is far less expensive to retain a customer that is to acquire a new one1. Moreover, holding on to customers and creating a loyal base is the best way to ensure long-term sustained revenues and profitability. However, before the advent of customer contact analytics it is been very difficult to determine how to measure, predict, and control customer churn.
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Scooped by
James Schreier
August 3, 2020 8:45 AM
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Over the last few months, “business as usual” looked much different due to COVID-19. Even with the economy reopening, business is still far from normal. With most agents working virtually from home and an increase in online inquiries from customers, a comprehensive digital engagement strategy has suddenly become the key to success.
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Scooped by
James Schreier
November 9, 2020 9:32 AM
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What is phygital marketing and why does your brand need to master it? Here's everything you need to know about this forward-thinking strategy.
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Scooped by
James Schreier
November 2, 2020 8:00 AM
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Most companies believe they are “customer-obsessed” but sadly, their practices don’t reflect it. Customer obsession, as a corporate goal, has attained tier-one status (as it should). But achieving a true customer-obsessed culture isn’t so simple. It requires deep appreciation and commitment not only to the concept, but also to the specific practices and investments that are required.
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Scooped by
James Schreier
October 19, 2020 11:30 AM
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The world of grocery shopping looks very different from the one we knew a decade ago. Ordering groceries online is easier and more popular than ever before. Widespread delivery is now offered by virtually every grocery store, either from the retailer itself or from a third-party delivery service like Shipt or Instacart. Curbside pickup has also increased, with many retailers heavily promoting this option even before COVID-19 ushered in a world of social distancing.
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Scooped by
James Schreier
October 12, 2020 9:01 AM
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But your returns policies and the return process also have significant impact on customer satisfaction. A 2019 survey from UPS found that, for 73% of shoppers, the overall returns experience impacts how likely they are to purchase from a given retailer again, and 68% say the experience impacts their overall perceptions of the retailer.
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Scooped by
James Schreier
September 28, 2020 9:27 AM
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Small business expert Jim Blasingame reports the coronavirus pandemic has contributed to redefining the value proposition by accelerating e-commerce expectations by five years. Is your business ready for the new Moment of Relevance?
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Scooped by
James Schreier
September 21, 2020 9:00 AM
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A thank you is a small gesture that goes a long way and it can really improve a customer’s perception of your business. One of the main reasons customers churn is that they feel under-appreciated.
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Scooped by
James Schreier
September 14, 2020 9:00 AM
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When Pam and I had visited California, we went to Disneyland in Anaheim, CA to enjoy a fun day experiencing all Disney had to offer. From rides to experiences to live music, Disneyland had it all. I noticed the team at Disneyland did things right. One of those was the way their cast members recognized […]
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Scooped by
James Schreier
September 7, 2020 10:54 AM
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Customers are the driving force and play a crucial role in making any business a success. If you want to retain your customers, then you need to make efforts to reduce Churn. Plus, keeping a check on your churn rates will help you understand what’s happening in your business and how happy your customers are with your products and services.
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Scooped by
James Schreier
August 31, 2020 9:00 AM
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Customer conflict is bound to happen. Learn how to deal with difficult customers by employing these proven techniques.
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Scooped by
James Schreier
August 24, 2020 9:00 AM
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Team collaboration serves customers holistically. So customers become loyal. Businesses that get it will enjoy loyal customers while others struggle. In
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Scooped by
James Schreier
August 10, 2020 1:00 PM
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What customers want – businesses customers and consumers – is customization, which is anything from a little bit more to everything. And along that customization continuum, you find niches. Lots of niches.
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Scooped by
James Schreier
August 10, 2020 9:00 AM
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9 Easy Ways To Get Repeat Customers In the age of "Karens" the customer may not always be right, but they do need to be happy. Discover easy ways to keep them coming back to your business for more
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