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The Ultimate Guide: How to Build a Customer Experience Department

Lumoa

This is true both in terms of Customer Experience – e.g., are there strategic goals around CSat or NPS ? -, and in terms of broader business objective – e.g., increasing market share, reducing churn, cutting costs, etc. How is NPS increase related to revenue increase or reduced churn? What does the company want to achieve?

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Everything You Need to Know about Text Analytics

Lumoa

Text analytics includes a set of techniques that structure information arriving in text format— in this case, free text customer feedback. The purpose is to convert unstructured text into meaningful structured data to support business analysis and decision making. Topic analysis reveals topics that are most talked about.

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

Lumoa

Why is NPS ® going up or down? Net Promoter Score Net Promoter Score , or often, NPS, is a numerical part of the Net Promoter System, customer metric. London School of Economics has found a correlation between the score and revenue of the company: an average NPS increase of 7% equals 1% growth in revenue.

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6 Ways to Improve Omnichannel Customer Experience

Lumoa

Net Promoter Score – NPS 2. But omnichannel strategies utilize data from more than one source, which is often unstructured, fragmented, and not ready for analysis. This data cannot be directly integrated and compared as they have different formats. NPS uses a single-question survey with a scale of 1-10.

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Customer Experience Strategy: An A to Z Glossary

Lumoa

Why is NPS ® going up or down? Check this out: The ultimate guide to CSAT by Hubspot, How to choose a customer experience metric , Comparison of CSAT vs. NPS , Detailed difference between CSAT and NPS. net promoter score Net Promoter Score, or often, NPS, is a numerical part of the Net Promoter System, customer metric.

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What is customer experience optimization? (+3 actionable tips)

Zendesk

Set up tools for collecting customer data. Evaluate both structured and unstructured data to develop a comprehensive understanding of your customers and their interactions with your brand. Structured data is quantitative information such as names, geolocations, and credit card transactions.

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A to Z Guide to Customer Experience Definitions and Terms

Lumoa

Why is NPS ® going up or down? Check this out: The ultimate guide to CSAT by Hubspot, How to choose a customer experience metric , Comparison of CSAT vs. NPS , Detailed difference between CSAT and NPS. net promoter score Net Promoter Score, or often, NPS, is a numerical part of the Net Promoter System, customer metric.