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Differentiation

Service Quality as Differentiation   In any competitive space, differentiation is crucial to survival. Firms must offer different services, or offer the same services differently. But what if the...

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CRM

CRM – Necessary, but not Sufficient   Tracking customers, collecting customer data, managing customer relationships, implementing and measuring marketing campaigns, organizing, automating, coordinating...

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Customer Focus

Sustaining Customer-Centricity   A major challenge for service industry firms is sustaining a customer-centric attitude. This is especially true when the service is difficult to deliver, requires...

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Value

It is one thing for a company to state: “we value the customer,” yet quite another to demonstrate that valued relationship through specific, measurable actions. When I meet with my financial advisor, I...

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Firm Value

CX Improvement Affects Firm Value The rise of the more customer-centric attitude and operational model can partially be attributed to the growing link between customer experience and firm value. To be...

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Engagement

Engagement and Experience It’s easy to question organizational decisions in hindsight, but it’s not always easy to say, given a limited data set and limited resources, where the firm should allocate...

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Proprietary CX Tools in a Cookie-Cutter World

Owning and operating a small business is tough. You may think that growing your clientele will simply equate to a better bottom line, however, it’s never as simple as it seems. As a business grows, new...

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Understanding the Role and Functions of CXM

Finding the right customer experience solution is like trying to find a needle in a haystack. CXM moves the needle on both top and bottom lines! But understanding how it does just that, is a bit more...

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Difficult Managerial Decisions for Customer Experience

If you are committed to creating a great customer experience, it has to be the number one priority in your organization across the board, and that may mean making some hard decisions. Change is never...

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Processes for Customer Experience

Every business has multiple processes and channels by which they reach their customers, sometimes across many lines of business, but which ones help customer experience and which ones may be harming...

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