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[Experience Action Podcast] Customer Experience (CX) Value Creation

❔”How do you define value creation from customer experience?”❔

This is a multi-million dollar question depending on the industry that you are in and the organization that you are talking about. This is something that plagues Customer Experience (CX) leadership and management: when people start asking, “Is customer experience, you know, worth it?”

C-level leaders to customer-focused employees, even organizations who are running pretty mature CX programs, often start wondering how their efforts are paying off. This is something that we have to talk about more. Wherever you sit in your organization, there are ways to connect the dots to real value creation.

Customer experience can absolutely be tied to three areas of specific tangible returns on the investment – creating that value for your organization:

  1. Higher retention rates and lower customer churn lead to real value.
  2. Customers who stay longer with your brand also spend more with your brand.
  3. Customer referrals lead to immediate returns

We’ll tackle each of these in this episode.

Resources Mentioned:
CX Success Statement Workbook
Experience Investigators Learning Center

Want to ask a question about this episode – or another CX issue? Leave Jeannie a voicemail at askjeannie.vip – and remember to follow her on LinkedIn!

Curious about how Jeannie Walters, CCXP, and the Experience Investigators team can help you Create Fewer Ruined Days for Your Customers™? Let’s talk!

About Jeannie Walters, CCXP, CSP

Jeannie Walters CCXP CSP small square photoJeannie is an award-winning customer experience expert, international keynote speaker, and sought-after business coach who is trailblazing the movement from “Reactive Customer Service” to “Proactive Customer and Employee Experience.” More than 500,000 people have learned from her CX courses on LinkedIn Learning, and her insights have been featured in Forbes, The Chicago Tribune, The Wall Street Journal and NPR

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