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Improving Customer Experience in Banking: 7 Promising Trends

PeopleMetrics

Customers evaluate the businesses they interact with everyday on a variety of factors, including price, quality, and the overall customer experience. Creating a positive customer experience (CX) is for all types of businesses, including essential services like banking. What do customers expect from banks?

Banking 62
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TD Bank Made Me Cry and Reached Millions of Customers

PeopleMetrics

TD Bank made me cry today. Picture this: I’m at my desk in an open-office workspace, when a co-worker IMs me a video about TD Bank. I had previously written on switching from TD Bank to an online bank named Simple , so I’m interested, and I click the link. TD Bank, however, is trying to change that.

Banking 94
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5 Facts to End the ROI Debate on Customer Experience

Beyond Philosophy

According to their 2014 US Insurance Shopping study, 28% of the Customers who switched auto insurance providers did so because of “poor experience.”. Your existing customers are far easier to upsell. That’s a much bigger chance that you are going to get to yes if you have a loyal customer base to ask for the order.

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What Customer-Centric Companies Must Do To Become Customer-Obsessed

Beyond Philosophy

Customer behavior is recognized as essential to enterprise success, and optimal relationships are sought. Performance measurement is focused, and shared, on what most monetizes customer behavior (loyalty, emotion, and communication metrics such as brand bonding and advocacy, replacing satisfaction and recommendation).

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Enhancing Customer Experience with Artificial Intelligence: Tips and Strategies

JustCall

Provide Resources Provide your staff with the resources they need to deliver exceptional customer services, such as tools, technology, and access to information. Measure Performance Use metrics such as customer satisfaction, response time, and first-contact resolution to measure the performance of your staff.

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Call Center Software: How to Choose the Best Software (Tips & Best Practices)

Callminer

Call Analytics: Essentially, speech analytics tools track metrics to enable reps and managers to evaluate the success of call campaigns. Call center reporting traditionally focused on metrics such as call length and call abandonment. Track all of the important call center metrics. Speech/text analytics.

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Why focusing on CX is key at times of change

Eptica

For example, automotive and oil companies need to transform to deal with the rise of electric and autonomous vehicles, while banks face competition from nimble fintech upstarts. That means going beyond traditional Voice of the Customer (VoC) surveys, which only provide part of the picture and can take too long to deliver valuable insights.