Crucial: Customer Experience for Your Business

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Accounts Receivable

Agile Innovation

Application Development

Artificial Intelligence

Business

Client Collaboration Portal

Coding

Content Marketing

Conversational AI

COVID-19

CRM

Customer Data Platforms

Customer Experience

Data

Data Integration

Digital Marketing

Digital Transformation

Document Management

innovation

Lead Generation

Mobile Application

OCR

Optical Character Recognition

Process Automation

Social Media Marketing

Software

SugarCRM

System Integration

Tax Resolution

Taxation

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Web App

WordPress

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What is Customer Experience

Also known as CX, customer experience is the perception of your brand or business in the eyes of customers.

The perception is the outcome of the combined effect of all the touchpoints and engagements the customers have with your brand across their complete journey. In essence, all interactions from getting a referral, a nurture mail, onboarding, sales pitch, purchase to customer service are consolidated as customer experience. So, every action that the business takes impacts the perception of the customer.

Why is Customer Experience essential for business?

All businesses have a core belief or an idea that solves a problem for a certain set of people who become their customers. CX directly determines how the business interacts with the customers. This makes customer experience central to how the entire business functions.

Two major problems that businesses face are the high cost of acquiring customers and providing continuous value to retain them. CX solves both these problems, directly and indirectly. The better CX you have, the more word of mouth is generated at the same time there is a reduction in the number of complaints.

The benefits of having a great customer experience include:

Increase in customer loyalty
Increase in customer satisfaction
Better word of mouth
Improvement in customer retention rates

There is no business on the planet that cannot improve its operations by focusing on CX. Especially service-based companies who can deploy technology to reduce turnaround time and delight their customers.

Are we talking about Customer Service?

No. Customer service refers to the department of the company that is responsible for interacting with the customers when they have approached with a request or a complaint. This could be via email or telephonically. Customer service is an extremely small subset of CX.

Customer Experience encompasses the entire customer lifecycle and every single touchpoint that they engage with. These engagements could range from reading a blog, watching a Youtube video, clicking on a PPC link, reading the pricing on the landing page, talking to the sales rep, making the payment, and so on.

Category

Why is Customer Experience essential for your business? A quick read.

What is Customer Experience

Why is Customer Experience essential for business?

Are we talking about Customer Service?

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Category

Why is Customer Experience essential for your business? A quick read.

What is Customer Experience

Why is Customer Experience essential for business?

Are we talking about Customer Service?

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Want to Learn more about Business Innovation?

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