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August 5, 2024
Great CX strategy gets you to the starting line, but it's the flawless execution that wins the race.
In the current digital age, where customer expectations shift with every new app and service, the stakes have never been higher. But seasoned CX leaders like you already know that. What you crave are actionable, insightful steps to transform your strategy into impactful execution.
Let’s dive straight in—no fluff, just the solid, actionable guide you need.
"Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat." – Sun Tzu
Your CX strategy should be a living, breathing manifesto for your entire organization. It’s not something to print out and bury in a desk drawer. Aligning cross-functional teams around the CX vision starts at the top. Your mission is to instill this vision into every department, from marketing to the front-line customer support team.
According to a study by Forrester, Companies that use advanced insights are 8.5 times more likely to achieve at least 20% annual revenue growth compared to those just starting out. CX leaders are turning data into decisions to bring revolutionary transformations in customer experience management operations and achieve the desired results.
Technology should act as the wind beneath your CX wings. Gartner predicts that by 2025, 80% of customer service organizations will use generative AI to boost agent productivity and improve customer experience.
Your front-line employees are the unsung heroes of your successful customer experience strategy. They're the ones directly interacting with customers, making every interaction count and driving loyalty. According to Gallup, companies that engage their employees achieve earnings-per-share growth that is more than four times that of their competitors.
"Move fast and break things" might be a cliché, but in the CX domain, iteration and innovation are your secret weapons. According to a PwC study, one in three customers will leave a brand they love after just one bad experience. Perfection isn’t the goal—continuous improvement is.
In Clootrack’s 102 CX experts’ report, Joseph Michelli, CEO of The Michelli Experience, says, “Customer-obsessed organizations engage regular discussions of CLV, consistent scientific rigor, and a commitment to drive key performance metrics – through their experience strategy.”
What gets measured gets managed. And what gets managed gets improved.
Today’s customers expect Amazon-level personalization as a minimum standard. Accenture found that 91% of consumers are more likely to shop with brands that provide offers and recommendations that are relevant to them.
Putting your CX strategy into practice is a marathon, not a sprint. It requires meticulous planning, data-driven execution, and a relentless focus on customer delight. As top leaders in CX, our role is not just to conceptualize but to materialize these strategies into actions that resonate with our customers.
Excited? You should be. The landscape is ripe for innovation, and with the steps outlined, you are primed to not just compete but to lead the charge in redefining customer experience in your industry.
As Kevin Stirtz wisely put it, "Every contact we have with a customer influences whether or not they'll come back. We have to be great every time, or we’ll lose them."
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