article thumbnail

Text Analytics in Customer Feedback: The CXO’s Secret Weapon

Lumoa

That’s where text analytics in customer feedback proves to be one of the most valuable tools for any business. If you want to satisfy—or dare I say, delight—your customers, you need to understand their wants and needs. Careful and well-implemented text analytics can easily reveal dozens of improvement ideas.

article thumbnail

11 best Voice of the Customer tools to listen to your customers effectively

SurveySensum

11 best Voice of the Customer tools to listen to your customers effectively. Studies state that companies still find it difficult to stand out in the competition based on the customer experience they provide. As per Gartner Group, 89% of the companies still compete to stay on top in the minds of customers. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lumoa becomes the first CX platform to integrate GPT

Lumoa

When we set out to build Lumoa, we wanted to give everyone in every company the possibility to make the right decisions based on the voice of the customer. You have heard that by feeding customer feedback to GPT, it can tell you what your customers are talking about. We want to take it many steps further.

CX 16
article thumbnail

What is Customer Experience? Complete Introduction to CX

PeopleMetrics

The field of customer experience is constantly evolving alongside the broader business environment. Here are a few trends we're seeing : Increased investments in AI technology, like text analytics and automated service recovery, to streamline elements of the CX process. Act on feedback in real-time whenever needed.

CX 71
article thumbnail

How to Improve Customer Experience: A Step by Step Guide

Lumoa

In This Article: Why do you need Customer Experience Management? Voice of the customer: where to start? Customer experience management, if done properly, will result in better business KPIs, incl. customer churn and retention, higher advocacy, and finally revenue.

article thumbnail

A to Z Guide to Customer Experience Definitions and Terms (Updated)

Lumoa

Customer-Centricity Customer centricity refers to customer-oriented culture in the company. The essentials include the shared targets, shared understanding, and the voice of the customer program implemented across the organization. After all, a satisfied customer is the best advertising you can have.

article thumbnail

6 Rookie Mistakes to Avoid in Net Promoter Score Analysis

SurveySensum

Focusing Just on the Score, Neglecting Feedback: Yes, the businesses that prioritize customer feedback have 1.6 Forgetting to Close the Loop: One of the crucial key things that often gets overlooked in the NPS analysis is – closing the feedback loop.