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How to Set Industry NPS Benchmarks and Why It Matters

Lumoa

Net Promoter Scores are always an interesting topic of conversation, and industry NPS benchmarks even more so. A Net Promoter Score (NPS) is a metric used to measure customer loyalty and satisfaction. This blog post will discuss NPS benchmarks and look at why NPS is so essential to overall customer success.

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What is a CSAT Score?: Measuring Customer Satisfaction

aircall

The only way to know for sure what your customers think of your brand is to ask them, and when you use a CSAT survey platform, you can set metrics to gauge customer satisfaction on a daily basis. CSAT scores also give you a benchmark against which to measure future results. Publicly complain about your brand. Breweries-85.

Surveys 62
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FMOps/LLMOps: Operationalize generative AI and differences with MLOps

AWS Machine Learning

We use the question “What if the Suez Canal had never been constructed?” The response is as follows: Question: What if the Suez Canal had never been constructed? falcon-40b-instruct If the Suez Canal had never been constructed, ships would have to travel around Africa to navigate between the Mediterranean and the Red Sea.

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The Ultimate List of Net Promoter® Best Practice Tips

Genroe

NPS is Not Just a Metric. The beauty of using the NPS approach for your organization is everyone becomes focused on the customer and the customer experience… as long as you don’t make it about the metric. I can’t express enough that it’s not about the metric. Annette Franz). It’s not.

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The Science of CX Surveys: Greg Kihlström Interviews Martha Brooke

Interaction Metrics

To get meaningful data, remove biases like leading constructs, double-barreled questions, and insufficient answer options from your survey. To help me discuss this topic, I’d like to welcome Martha Brooke, Chief Customer Experience Analyst at Interaction Metrics. And yet I’m not here to pick on Bank of America.

Surveys 62
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Evaluate the text summarization capabilities of LLMs for enhanced decision-making on AWS

AWS Machine Learning

In the financial sector, investment banks condense earnings reports down to key takeaways to rapidly analyze quarterly performance. In this post, we explore leading approaches for evaluating summarization accuracy objectively, including ROUGE metrics, METEOR, and BERTScore.

Metrics 122
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International Contact Centre Operations Tips & Best Practices

Callminer

To learn how CallMiner is helping African Bank better extract and operationalise insights from voice-based customer interactions in its call centres, watch to our Tech Central podcast, How CallMiner is Helping African Bank Retain and Grow its Client Base. . They are an easy way to track metrics and discover trends within your agents.