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Reduce the Grind, Boost Loyalty: How Customer Effort Score Drives Business Growth

Strategy Driven

Enhancing the customer experience is becoming increasingly vital for businesses to pursue sustained growth and customer loyalty. A critical metric, the Customer Effort Score (CES), is at the heart of this optimization. The principle is simple: make it easy, and they will return.

Loyalty 114
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How to Drive Strategies By Assessing Your Company Capabilities

N2Growth Blog

Customer Loyalty: Is the firm preferred among its customers? How easy is it for a customer to shift to another provider? Technology. How quickly can ad-hoc management reports be delivered? IT Responsiveness: How quickly can technological solutions be fielded to meet business demands? Rent or buy?

Strategy 261
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Useful Tips To Help Your Business Run Smoothly Post-Pandemic

Strategy Driven

If they haven’t, well, maybe you should consider freshen up your look, style and technology. Have a browse around your industry area and see what’s new, or if you’re innovative, then now is the perfect time to start creating and discovering. Rebuilding Customer Loyalty. Getting Back To Normal.

Tips 77
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How the Rapid Growth of Ecommerce Is Driving Changes in Logistics and Transportation Management

Strategy Driven

To maintain customer loyalty and stand out from the crowd, most e-commerce companies are continually trying to offer cheaper and faster shipping or easier returns. In fact, according to a McKinsey report , algorithmic route optimization results in an almost 16% increase in a company’s profit, without compromising on quality.

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Are you a social sales pacesetter? Or are you losing business to one?

Strategy Driven

Sandy fed me some support data from their recently published IBM’s 2014 Business Tech Trends Report. The report reveals that previously emerging trends like Big Data and analytics, cloud, mobile, and social are now being implemented across corporate enterprise beyond just experimentation and wait-and-see. Gitomer and Buy Gitomer.

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Startups Could Fundamentally Change the Way Big Investors Operate

Harvard Business Review

Innovation has the potential to transform the investment industry. Yet the world’s largest funds are closed off from these innovations. Research we have collected in recent months shows that pension funds, sovereign wealth funds, and endowments expect imminent breakthrough innovations in investment technology.

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Online Marketplace: New challenges to overcome

Strategy Driven

The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. Instead, marketplaces are creating ecosystems for their customers. You can win this war with technical advancements and customer-friendly policies. Take Amazon for example.

Retail 117