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#CXSecrets: Use Internal Benchmarking to Quickly Enhance CX

PeopleMetrics

This is the familiar exercise of external benchmarking, or comparing key metrics of your business against others in your space. External benchmarking is insightful, of course, but have you ever considered utilizing the power of internal benchmarking? Why internal benchmarking? Of course you do! Start with the best.

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Customer Experience Benchmarking: beware how you use it!

ijgolding

One of the awards entrants used the word ‘benchmarking’, multiple times in his presentation. In fact, ‘benchmarking’ is a word that I frequently hear as I go about my business around the world. So what exactly is the definition of ‘benchmarking’? I am NOT a fan of NPS benchmarking!!

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Unlocking Innovation: AWS and Anthropic push the boundaries of generative AI together

AWS Machine Learning

Current evaluations from Anthropic suggest that the Claude 3 model family outperforms comparable models in math word problem solving (MATH) and multilingual math (MGSM) benchmarks, critical benchmarks used today for LLMs. Media organizations can generate image captions or video scripts automatically.

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Three missed call benchmarks for online universities: Are you missing out?

Infinity

The overall missed calls benchmark for online universities to beat. Knowing what is encouraging people to pick up the phone is an exercise in attribution that will see you reap rewards for years. It’s not surprise that these months see the best answering rates, as only 1.77% are missed in August. A good figure, but definitely beatable.

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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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Gaining the Competitive Edge: Unveiling the Power of Competitive Intelligence and Mystery Shopping

Ann Michaels and Associates

Benchmarking performance: CI enables companies to compare their performance with that of competitors, identify areas for improvement, and set realistic goals. Competitive benchmarking : Mystery shopping can compare a company’s performance against its competitors.

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Measuring Customer Loyalty Through Data

Vcaretec

Measuring, benchmarking, and optimizing based on real customer data is the only way to effectively and purposefully move the needle. We regularly send and analyze customer surveys, conduct data mining exercises to gauge trends, and gather real-time customer care feedback through web chat, social media, and email.