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5 Facts to End the ROI Debate on Customer Experience

Beyond Philosophy

For many years, there has been a debate whether you could assign a dollar amount to determine the return on investment for any Customer Experience improvements. In addition, higher levels of customer satisfaction are tied to high levels of positive cash flows with low volatility, and positive earnings surprises. Returnonbehavior.com.

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Meeting Customers Unmet Needs, The New Imperative for 2020

Beyond Philosophy

Nearly 20 years ago, when I started Beyond Philosophy and before Customer Experience was a well-known concept, my motivations were to create a competitive differentiator that would get more business for my clients. New Sales Growth: This area includes increases in sales, market share, or new customer acquisition.

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How to Solve the 2025 Customer Retention Problem

The Petrova Experience

Its 2025, and businesses across sectors have a customer retention problem. companies alone lose an estimated $168 billion annually due to customer attrition, as revealed in a CallMiner whitepaper. The financial implication of customer churn is staggering, with little end in sight, if unaddressed.

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Six Critical Principles Businesses Are Ignoring – Are You?

Beyond Philosophy

Today, I present six critical questions you need to ask when implementing Customer Experience theory in your Customer Experience reality. The result is a misaligned Customer Experience with problem areas for the customers. What can you do when you create this Customer Experience? A theory is great.

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What Can We Learn from Restaurants and Casinos?

Beyond Philosophy

What these industries do to create a positive experience for their diners or players show us the importance of designing a deliberate subconscious experience for your customers, whomever they might be. Restaurants are adept at getting their customers to relax and enjoy their dinners. The Business of Dining Out.

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5 Top Customer Service Articles For the Week of January 16, 2017

ShepHyken

This article presents the case that customers go through five specific stages that lead them to loyalty. 4 Ways to Increase Customer Loyalty Now and for the Long Haul by Heike Young. Salesforce) Lasting businesses are built on customer retention. billion in sales. Lots of companies post values.

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Key Learning from 15 Years of Net Promoter Stats

Beyond Philosophy

He is the Head of Data Science (self-described as Chief Statistics Wonk) for Satmetrix , a company devoted to combining their software, data, and Customer Experience (CX) expertise to help organizations achieve Customer-Centricity. Quite a lot, it turns out. We are a society of people who just want it simple.

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