CX is failing most of the companies and here is why.
In today's rapidly evolving business landscape, customer experience (CX) has taken center stage as a critical differentiator. However, many companies still struggle to fully harness its power.
Historically viewed as a necessary evil rather than a strategic tool, CX has faced numerous challenges in leveraging data across various organizational touchpoints. But fear not, a new era is dawning - In this hyper-tech-enabled world, the data has become abundant, which needs to be harnessed to be successful, every customer touchpoint is a goldmine of information and critical as the competition is severe and the customer has a lot of options, don't underestimate its value or someone else will seize the opportunity. However, not everyone has capitalized on it for the following reasons:
1. Data, the Elusive Goldmine:
One of the primary obstacles hindering CX's success is data fragmentation across multiple sources. These scattered fragments prevent companies from piecing together a comprehensive customer profile, consuming valuable time and resources. In this AI-driven world, each customer touchpoint should be seen as a golden opportunity for learning, yet not everyone has capitalized on it.
2. Existing tools may not necessarily suit all your dashboard requirements:
Off-the-shelf CX tools may not cater to the unique needs of individual companies. A one-size-fits-all approach fails to acknowledge the diverse nature of customer experiences across industries. For example, customer returns might be of utmost importance to a direct-to-consumer brand but hold less significance for other sectors. To truly succeed, businesses must align their CX strategies with personalized requirements.
3. Unlocking the Right Metrics
Knowing which KPIs to track is crucial for success. While some companies start from scratch, others leverage available tools to monitor customer-centric metrics effectively. Tracking customer queries per order, for instance, provides valuable insight into customer satisfaction levels. However, this metric often goes unnoticed, depriving organizations of actionable insights.
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4. From Numbers to Insights:
Companies often focus on high-level CX metrics, providing directional improvement guidance. However, this surface-level analysis falls short of delivering actionable insights. Identifying underlying factors such as product quality issues or customer query response rates is essential to address root causes and enhance overall customer experience.
5. Breaking Down Silos:
The synergy between CX and other departments is crucial, yet often overlooked. Deep-diving into customer queries can unlock invaluable feedback for various functions within an organization. By implementing robust customer query classification systems, businesses can identify areas where improvement is most needed. From logistics issues to packaging concerns, understanding the drivers behind customer queries enables targeted and impactful improvements.
Introducing Insightedge by Atidiv:
At Atidiv, we understand these challenges and have developed Insightedge, a proprietary tool that empowers CX to transcend its burdensome reputation and become a strategic function. Insightedge addresses the key areas hindering CX's success, unleashing its true potential. We invite you to join us for a personal discussion on how our innovative solution can revolutionize your CX strategy
To explore the limitless possibilities of CX transformation, reach out to us today - contact@atidiv.com. Alternatively, leave a comment on this article, and our team of seasoned CX experts will promptly reach out to you
Together, let's turn CX from a burden into a strategic goldmine!
Founder and Managing Partner at Atomic Capital
1yVery few companies realise CX could be a core differentiator, encourage companies to reach out in case they would like to explore partnership with Atidiv