Why Read This
Years of Forrester data confirm the strong relationship between the quality of a firm's customer experience (CX) and customer loyalty. We built three simple models to estimate the impact that customer experience has on three loyalty measures: willingness to consider the company for another purchase, likelihood to switch business, and likelihood to recommend. This report shows the results that our models predict for 13 industries. CX professionals should use the interactive versions of those models to explore a range of benefit scenarios tailored to their company's unique situation, which will help prove their business case and win the funding needed to move their organizations along the path to customer experience maturity.
Tags: Airlines, Banking, Consumer Electronics & Technology, Customer Experience Index (CXi), Customer Experience Management, Financial Services, Health Plans, Healthcare & Life Sciences, Insurance, Internet Access Service Providers, Investments, Mobile Services, Retail Credit, Television