article thumbnail

How to Strategically Compete Against Your Peers… And Yourself

Beyond Philosophy

The methods used to understand competitors most often involve one or more approaches to benchmarking. Benchmarking goes beyond competitive analysis to interpret how peer organizations do what they do in terms of quality, time, cost and overall customer value dimensions. It is not copying the best.”

article thumbnail

Guest Blog: The Hidden Workings of Top Customer Support Teams

ShepHyken

However, while it seems challenging, it’s definitely not impossible. For businesses that have become the benchmark for top customer service, what are they doing differently? A lot of companies around the world have demonstrated their ability to go the extra mile for their customers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Guest Blog: How to Engage Customers with Your Brand

ShepHyken

It is the definitive business growth predictor. It can capture customer data including average spend, visit frequency, lifetime value, itemized purchases, and competitive benchmarks. Why do I need to engage my customers? A. Encourages Repeat Business. By engaging existing customers, businesses aim to retain them.

Benchmark 309
article thumbnail

5 Top Customer Service Articles of the Week 8-30-2021

ShepHyken

Here are several ways to drive loyalty using data, feedback, benchmarking with others, and more. This article gives clear definitions of both experiences. Definitely worth sharing in a team meeting for both the educational value and the smiles and laughs you get when you read some of them aloud. My Comment: I love this topic.

article thumbnail

How to Strategically Compete Against Your Peers… And Yourself

Beyond Philosophy

The methods used to understand competitors most often involve one or more approaches to benchmarking. Benchmarking goes beyond competitive analysis to interpret how peer organizations do what they do in terms of quality, time, cost and overall customer value dimensions. It is not copying the best.”

article thumbnail

[Q&A] B2B SaaS Benchmarks: How Does Your Company Compare to +1,500 of Its Peers?

ChurnZero

SaaS Capital joined us for a webinar to share the results from their 10th annual B2B SaaS benchmarking survey. Now we’re seeing numerous companies price 8 to 12, so it’s definitely jumped up a little bit. The post [Q&A] B2B SaaS Benchmarks: How Does Your Company Compare to +1,500 of Its Peers?

article thumbnail

Branding and CX: The Surprising Way They Work Together to Form Customer Loyalty

Beyond Philosophy

If you didn’t have a memory of an experience, then, by definition, you can’t be loyal to a brand. If you want to benchmark your organization’s performance in the new world of behavioral economics against other companies, take our short questionnaire. The Volvo brand is built on associating the word “safety” with their cars.