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CX Management

What is CX? Your ultimate guide to customer experience

We've put together this comprehensive guide to give you the tools and information you need to manage, strategize, measure and impact all aspects of the customer experience for your business.
20 min read

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What is CX? Your ultimate guide to customer experience
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Optimizing the retail customer experience
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Customer experience design: creating new experiences your customers will love
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Closed loop feedback: What it is and why it’s an important part of customer experience
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Learn how to measure customer experience with these CX metrics
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How to design a customer experience survey
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How to build an investment case for customer experience
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How to build an omnichannel experience that nails CX
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Customer experience is what drives satisfaction, loyalty, and advocacy based on the quality of interactions throughout the customer lifecycle.

There is a massive gap between the experiences companies offer and the experiences a new generation of consumers demand. When polled, 80% of CEOs believe they are delivering a superior experience, but only 8% of customers agree.

This is the customer experience gap, and it has significant financial implications.

A recent study showed that “Customer Experience Leaders” grow 2x faster and maintain operations that are 15% leaner than the average company.

A separate study by Forrester found “CX Leaders” outperformed companies considered “CX Laggards” by nearly 80 percentage points over 8 years in terms of stock performance.

Companies are learning that positive customer experiences are powering positive business outcomes.

Learn why CX leaders grow 2x faster than the average company

Customer experience management empowers organizations to translate customer insights into the improvements that drive financial outcomes, including:

  • Improved customer retention and loyalty
  • Increased customer share of wallet
  • Optimized customer acquisition
  • Reduced cost to serve
  • Increased brand awareness and equity

Customer experience management is more than a system of measuring and acting on customer feedback. It is a discipline that begins with executive leadership and translates to company-wide culture. It requires a commitment to customer research, employee engagement, and continuous program innovation.

Closing the customer experience gap requires X-data and the systems to use it well. The payoff is in the bottom line. Learn how customer experience through our articles and guides.