Delivery orchestration has become a buzzword in the financial industry, as it promises to streamline processes, reduce costs, and improve customer experience. In a world where customer expectations are higher than ever, financial institutions are facing increasing pressure to provide a seamless, efficient, and personalized customer experience. Delivery orchestration is one solution that has the
Category: Digital customer experience
Digital customer experience is the sum total of a customer’s interactions with a brand across all digital channels, including websites, social media, mobile apps, and online marketplaces. It encompasses everything from the ease of finding information to the speed of page load times, from the intuitiveness of navigation to the responsiveness of customer service.
Customer Experience Management (CXM) has been a critical aspect of the banking and financial services industry for a long time, but with the advent of digital technologies, the way in which banks and financial institutions communicate with their customers has been undergoing a transformation. CXM platforms are playing a key role in this digital transformation
Customer Lifetime Value Good customer experience doesn’t only lead to happy customers, but it will conjointly result in additional revenue and different important benefits like customer loyalty, higher CLV (Customer Lifetime Value), etc. Customer Lifetime Value (CLV) refers to the estimated net profit attributed to the entire future relationship with a customer. CLV is calculated
In today’s digital age, businesses are faced with an overwhelming amount of data. From customer interactions to financial transactions, to website analytics, the data is endless. However, data alone doesn’t provide much value to a business. It’s the insights derived from this data that can lead to business growth and success. This is where Business
You might have come across this blog searching for ways to improve customer retention at your organization. Before we dive into the topic, let’s ask some basic but important questions… What is the most vital asset for your company? There are many good answers to this question; however, considering the theme of the blog, your