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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

What segment of the market do they serve? Customer Loyalty: Is the firm preferred among its customers? How easy is it for a customer to shift to another provider? By market segment? By customer? Liquidity: What will be the immediate impact of an unexpected market downturn or product launch failure?

Strategy 261
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Online Marketplace: New challenges to overcome

Strategy Driven

There was a time when the entry of an online alternative in a market would scare the hell out of small offline retailers. The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. Take Amazon for example. marketplace model today.

Retail 117
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Online Marketplace: New challenges to overcome

Strategy Driven

There was a time when the entry of an online alternative in a market would scare the hell out of small offline retailers. The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. Take Amazon for example. It indeed is.

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Success Begins with Quality Customer Service

Chart Your Course

A recent Bain Capital Customer Loyalty study found that consumers are four times more likely to do business with a company that provides good customer service versus a competitor that offers a lower price. Regardless of where you sit on this issue, it’s safe to say customer retention is important to every business.

Quality 182
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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. With the omnichannel approach to e-commerce gaining ground, there is a major need for distribution centers to be located near urban markets. Conclusion.

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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.