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Page 1: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders
Page 2: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

consumer will recommend a company that delivers great customer experience

consumers will consider to purchase more from your company if they had a superior service experience from you

Have your company paid enough attention to creating a better customer experience? We hope so. Since...

Page 3: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

Unfortunately, we found many companies reluctant in doing it.

Their reasons vary from arguing the fact that the cost might outweigh the benefit to simply admitting that they don’t apply customer-first culture in their company.

Page 4: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

This is truly unfortunate. Sometimes we forget, but customers are the ones who pay your employees’ wages, right?

There’s no other choice really than providing only the best customer experience for them. 

With that in mind, there’s no excuse really for not practicing customer experience management (CEM).

Page 5: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

The practice of designing and reacting to

customer interactions to meet or exceed

customer expectations, and, thus, increase

customer satisfaction, loyalty and advocacy. It

is a strategy that requires process change and

many technologies to accomplish

What is CEM?

““

Page 6: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

Indeed, all these required time, effort and money investment seem intimidating, but in this customer and technology eras, your company will not be doing much without it.

A company who is known as a market leader usually believes in the importance of customer experience improvement.

Page 7: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

This is why CEM is vital, especially for corporates and big companies. It’s about viewing, and eventually improving the interactions between your business and your customers entirely from their perspective.

Page 8: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

The reasons why CEM is important

Page 9: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

RaisingProfitabilit

y

Investing in CEM surely appears to be a good move for any company. If you do it right, good Return on Investment (ROI) will surely come.

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Page 10: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

For example, there was a time in 2013, cited by a Forrester report, a $10 billion company made a modest shift in customer experience. As a result, the company reported a $65 million revenue increase from product sales, a $116 million increase from reduced churn, and a $103 million increase from word of mouth. That’s a total of $284 million dollars.

Page 11: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

Reducingcustomer

churn

Some of your customers are likely to slip away when other companies offer something better.

This is since you can’t be sure that your customer service team is available 24/7 – they are not robots. Then, how can you keep your customers served when they send complaints during holiday season?

That’s why you need to have a proper CEM in place.

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Page 12: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

Building stronger and

lasting relationships

with your customers

It’s every business’ aim to establish stronger and lasting relationships with their customers, and your company won’t achieve that if you offer only subpar customer service experience.

Putting your effort and money on CEM will help you eliminate these areas in your business where poor customer service has been identified.

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Page 13: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

Reducingcustomer

churnWe couldn’t agree more. Your company can really set itself apart by providing excellent customer experience.

This is where CEM offers the perfect platform to make your service more superior amongst others.

4 Customer experience is your only source of sustainable competitive advantage.

Page 14: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

Definingyour

company’strue value

No matter if your company is a B2B or B2C, a product-oriented or a service-oriented, your customers will always be the ultimate judge.

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Page 15: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

This is when CEM comes in handy. By routinely performing CEM well with complete tools, practices and methodologies, it becomes hard for customers to resist your company’s appeal.

stomer

ienceExpMan

ament

Page 16: Top 5 Reasons How Using Customer Experience Management Could Help You Become Market Leaders

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