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How Does Mental Accounting Influence Customer Experience

Beyond Philosophy

The answer is found in the concept of mental accounting, and it might have significant implications for your Customer Experience. We discussed how our mental accounting affects our behavior as customers in our recent podcast. How Mental Accounting Works. We have written about Mental Accounting before.

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The ROI of Contact Center Benchmarking

Transparent BPO

And one of the best ways to measure improvement in the contact center, according to Jeff Rumburg, co-founder and managing partner at MetricNet , a contact center benchmarking and consulting firm, and the subject of this month’s expert interview series , is through the practice of benchmarking. Benchmarking and ROI.

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What Is Consultative Selling & How Do Sales Professionals Master It?

aircall

Consultative selling, also known as needs-based selling, is a sales tactic in which the seller acts primarily as an advisor, focused on helping a prospect solve one or more critical business issues. Do they have a background in accounting? or “Are there any other benchmarks you want to achieve this year?”.

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Use Benchmarking to Demonstrate Value and Slim Down That Churn Rate

Amity

We benchmark ourselves against standards such as body mass index to determine where we should ideally be. If this approach - theoretically - works when dieting, why not use benchmarking with customers? We are talking about benchmarks on how they are currently doing and where they should ideally be.

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4 Vital Concepts of Behavioral Economics Every CX Manager Should Know

Beyond Philosophy

In our global Customer Experience consultancy, we use the Emotional Signature ® to help organizations discover what the “real reasons” are to buy their product or service. If you want to benchmark your organization’s performance in the new world of Behavioral Economics against other companies, take our short questionnaire.

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OCIO Firms Can Benefit Your Company In More Ways Than One!

CSM Magazine

This post will cover five critical ways hiring OCIO consultants from companies like Verus Investments can benefit your company. To help you streamline the decision-making process, seeking professional investment advice and consulting services is essential.

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Using Data to Drive Your Wellbeing Strategy

CSM Magazine

First, an initial Spotlight Consultancy engagement to benchmark and understand current workplace wellbeing. It is important that this model takes account of the current issues and challenges facing advisors. About the Author Phoebe Asquith is Research Psychologist & Senior Business Consultant at Sabio Group.