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5 Facts to End the ROI Debate on Customer Experience

Beyond Philosophy

According to their 2014 US Insurance Shopping study, 28% of the Customers who switched auto insurance providers did so because of “poor experience.”. An Electrical Retailer reduced complaints by 20%, increased levels of trust by 10% and achieved a 3% increase in ‘like for like’ sales. 26 August 2014. < 26 August 2014. <

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Shocking! Yahoo’s data breach

Beyond Philosophy

Not because their user numbers in July were reported to have dropped 30% since the same time in 2014. Moreover, 200 million of them are up for sale by a hacker named “Peace.” Sometimes, you only found out when the information appears with a “For Sale” sign on it. Not even because Verizon is buying them for $4.8

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Meet the Faces of Customer Experience 2014

Customers That Stick

We introduced our Faces of Customer Experience series in April 2014, and we’ve had the privilege of meeting and sharing the stories of a number of wonderful customer-facing professionals. So let us reintroduce you to our Faces from 2014.

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How is Your Business Dealing with the Paradox of Choice?

Beyond Philosophy

Research shows that classical music boosts wine sales the most, but an experiment showed that playing French or German music can have a huge boost on the sales of the wines originating from that country. 19 August 2014. < 19 August 2014. < Now, there are plenty of choices at most wine stores. 16 July 2013.

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Are Loyalty Cards Dead?

Beyond Philosophy

percent between 2012 and 2014. People make frequent trips to the grocery store, and Kroger sales are processed with a card. According to a recent report by the professional services company Accenture, over 90 percent of companies now have some sort of loyalty program, with membership rates growing 26.7 In the U.S.,

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At A Fork In the Road: As a Customer Relationship Driver, Where Is Branch Banking Headed?

Beyond Philosophy

At a time when banks are closing branch locations at a record pace (over 1,400 in 2014, with Bank of America, alone, closing more than 140) that is likely to continue, the need for the services they offer remains pretty much the same. Are they both? Are they neither?

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How Your Customers’ Identity Issues Are Affecting Your CX

Beyond Philosophy

Self-perception reveals itself in some sales situations. Researchers studied what happened to sales after they stopped running the coupon. Did sales return to their previous levels, or did they drop off afterward? It was evident that coupon-driven sales did not indicate their preferences. 15 May 2014.

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