For optimal viewing experience, please use a supported browser such as Chrome or Edge

Download Edge Download Chrome

Stellar Customer Experience

Published on November 9, 2018 | 1 min read |

Research shows just one negative experience will cause 25% of your customers to stop doing business with you. Build a robust customer experience strategy by investing resources in five key areas.

Customer experience (CX), the sum of all touchpoints between you and your customers, is an often-underdeveloped element of business strategy. Consider how these five components in the CX value chain can be strengthened with additional planning and resources.

Insights. Processes like market segmentation, persona development, and journey mapping can help you identify your customer and understand how to best interact during the entire customer experience.

Technology. Implementing a CX strategy across all divisions and devices will require the right digital and mobile technology.

Processes. Avoid frustration and confusion and ensure consistency in your customer’s experience by developing and properly training on a well-planned set of CX standards.

Interaction. Empower employees with timely insights by capturing feedback in real time through a wellmanaged social media platform or post-interaction surveys.

Data. Relevant consumer data and real-time analytics integrated across your organization allow you to monitor progress and adjust according to customer needs and market responses.

Related Resources

SecurityArticles
Protect Your Business from Year-End Scams
As the year draws to a close, many businesses are focused on wrapping up financials, paying vendors, processing bonuses, and preparing for tax season. Unfortunately, cybercriminals know this too—and they often ramp up their efforts to take advantage of the busy year-end period. Here’s what businesses need to know to stay safe from common scams […]
Small Business BankingArticles
How a Unified Payroll and HR Platform Can Help Your Business Grow
Managing payroll, HR, and benefits is one of the most important responsibilities for any business—but it’s also one of the most complex. From tax filings and compliance to employee engagement and retention, these functions touch every part of your organization. Yet many businesses still rely on disconnected systems and manual processes that slow them down. […]
Small Business BankingArticles
Why Your Business Needs More Than Just a Bank Account
Beyond the Basics Opening a business account is often seen as the first step in building a financial foundation. But in today’s environment where fraud is evolving, cash flow is unpredictable, and efficiency is crucial – businesses need more than a place to store deposits. They need a financial partner who can help them manage […]

Connect With Us

Learn more about Webster products, services and the communities we serve.