Imagine being the business everyone wants to work with, the employer everyone wants to work for, the leader everyone wants to follow. That's the power of a great #CustomerExperience and #EmployeeExperience -- and it's the focus of my new book: https://t.co/2VaZoUWwax
Could a single chart change how you think about achieving business success? I believe so - and that's the intriguing premise behind this guest post I wrote for the AAE Speakers Bureau blog. Thanks for featuring it, @aaespeakers!
#CX#CustomerExperience#CustomerService#CustExp
Also, special thanks go out to the folks at @Qualtrics XM Institute for sharing their CX ratings, on which the most recent years of the Watermark study are based.
What’s an excellent #CustomerExperience really worth to a business? How about 𝗼𝘃𝗲𝗿 𝟱 𝘁𝗶𝗺𝗲𝘀 𝗴𝗿𝗲𝗮𝘁𝗲𝗿 shareholder return?
That's the eye-opening finding from Watermark Consulting’s 2024 #CX ROI Study, which was released this week:
https://t.co/2JhsI9LU4Q
It may be tough to discern from quarterly results, but this study's long-term view makes one thing clear: 𝗧𝗵𝗲𝗿𝗲’𝘀 𝗮 𝗽𝗿𝗶𝘇𝗲 𝗲𝗮𝗿𝗻𝗲𝗱 𝗳𝗼𝗿 𝗱𝗲𝗹𝗶𝗴𝗵𝘁𝗶𝗻𝗴 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀, 𝗮𝗻𝗱 𝗮 𝗽𝗲𝗻𝗮𝗹𝘁𝘆 𝗲𝘅𝗮𝗰𝘁𝗲𝗱 𝗳𝗼𝗿 𝗱𝗶𝘀𝗮𝗽𝗽𝗼𝗶𝗻𝘁𝗶𝗻𝗴 𝘁𝗵𝗲𝗺.
Some of the strongest customer relationships are forged from failure.
That's the fascinating takeaway from the Service Recovery Paradox - one of several psychology-based #CustomerExperience design strategies I shared on the Customer 1st Thinking podcast: https://t.co/D5eXusEUA0
Two closely-watched measures of U.S. consumer satisfaction are showing very different results. The conflicting signals offer important lessons for any business. https://t.co/pKX9k44T9y
#CX#CustomerSatisfaction#CustomerService#CustomerExperience
What's your objective: Is it to maximize customer loyalty... or minimize customer attrition?
That might sound like two different ways to describe the same goal - but they represent very different strategies.
Full episode at https://t.co/2omCfOJaLd.
#CX#CustExp#CustServ
Here's a contrarian view to consider: #CustomerExperience will never be more important than price.
#CX evangelists often argue that customer experience trumps price. In my latest @Forbes column, I explain why that assertion is fundamentally flawed.
https://t.co/Y82PqcELbB
"57 - What Ever Happened to Customer Service?"
On our latest episode, we talk to @JonPicoult and Forrest Morgeson about why it's so difficult to resolve issues, what you can to do advocate for yourself, and more. Listen at https://t.co/JkGi6meiaZ or wherever you find podcasts.
“It’s not about how much it costs… it’s about how much it makes.”
Are you struggling to convince your company to invest in #CustomerExperience improvements? Because that old business adage most certainly applies to your crusade.
#CX#CustomerService@JDPower
How do you supercharge your business' growth?
@Inc asked #Business founders and management experts (myself included) for tips on how to do it. The resulting list of ideas - all very actionable - is worth a read: https://t.co/EmxR6cmRRT
#CX#CustomerExperience#Growth#Strategy
The state of #CustomerExperience in many industries is downright scary. So, for #Halloween, here's a story about how to spook your customers.
Because if you know what scares customers away, then you'll be able to cast a spell that keeps them around! https://t.co/xZ8VpsxjrQ
#CX
An astounding 83% of #CustomerExperience professionals report disappointing results from their #CX journey mapping efforts. In my latest @Forbes column, I explain how to avoid a similar fate in your organization: https://t.co/1I2Zz1a0Cj
You know all those techniques that beloved brands use to engage customers? Well, the very same techniques can be used by leaders to engage employees.
Why? Because employees are a type of customer.
#EmployeeEngagement#EmployeeExperience#CustomerExperience#CX
Customer satisfaction is the wrong goal.
That's among the key takeaways in my latest @Forbes article, where I highlight common myths about #CustomerLoyalty and describe how they undermine companies' #CustomerExperience strategies.
https://t.co/1bExfcciZS
#CX
Are you super busy? Well, then, you must be important. We live in a world where busyness is a status symbol. But when it comes to closing that next sale, creating a pretense of productivity can backfire – badly. https://t.co/zZ9Nz4BKyD
#SalesTips#CX#BusinessTips