Execs In The Know- A Global Network of Customer Experience Professionals

Tag Archives: Customer Response Summit Chicago

Customer Service: Dealing With Increased Expectations

The following post is a guest blog from Inbenta

Two seconds is a long time in the online world. In that time, Google will process around 100,000 search queries, global users will send more than 4.5 million emails, and nearly 60 million Whatsapp users will receive a message.

However, it is not a long time if you are an online retailer. According to a recent study, two seconds is all a customer needs before they give up on your website. The picky customer just got pickier.

The customer is still king

It won’t surprise you that the online market is leaving its high street competitors in the dust when it comes to being the preferred shopping method for customers. What is interesting is that the ‘tech savvy’ Millennials are not the only ones choosing to shop with their feet up.

In fact, according to research from KPMG, Generation X consumers (those born between 1966 and 1981) made more online purchases than any other age group while Baby Boomers (1946-1964) spent more on average per transaction. Putting all your eggs in the Millennial basket might not be such a good idea after all.

This is especially the case when you consider what the different generations of customers value within a company. While 59% of consumers would try a new brand for a better service experience, younger consumers are keen to be treated as unique individuals and so prefer companies which offer personalized promotions and an ability to anticipate what they want. When you have two mouths with different tastes to feed, how do you keep them both satisfied with the same meal?

The obvious solution is to ramp up your customer service team to kill two birds with one stone. The problem is that to maintain your profit margins and pay the extra salaries on your books, you will have to push prices up. Obviously, that is not a wise move in an increasingly crowded market.

Of course, you could decide to accept that you will lose some customers and choose instead to target new ones who are willing to pay a premium for a better experience. But according to the White House Office of Consumer Affairs, it is 6-7 times more costly to attract a new customer than it is to retain an existing one. Continue reading

Leaders to Connect at Customer Response Summit Chicago, to Create Next Level Customer Experiences For Their Brands

Industry Thought Leaders From Microsoft, Square, Amazon, and Lyft to Keynote Execs In The Know – Customer Response Summit Chicago

PHOENIX, AZ. – (August 2, 2017) – Advocates for Customer Experience Professionals, Execs In The Know, have released the agenda for their next executive gathering – Customer Response Summit (CRS) Chicago. CRS Chicago will be held September 19th-21st, 2017, at the Hyatt Regency McCormick Place, in Chicago, IL. Knowledge on leading industry trends and subjects such as AI and machine learning, employee engagement, text for service, digital fraud, outsourcing, the VoC on channel choice, big data, and more will be shared. The customer experience conference will include keynotes from Microsoft, Square, Amazon, and Lyft.

Customer Response Summit is a gathering of customer experience leaders, across many verticals, focused on working together to improve the customer care industry, and create innovative experiences for their brands. Highlights of the CX leadership event include an exclusive tour of the legendary Wrigley Field and the inner workings of the fan experience at the Chicago Cubs. The newest version of the CXMB Series – 2017 Consumer Edition – will also be released (a joint effort between Execs In The Know and COPC Inc.).

“Our community lives and breathes the Customer First mindset,” said Chad McDaniel, President and CEO of Execs In The Know. “If you are passionate about your customers and want to create the most meaningful experiences for them with your brand, than you’ll feel right at home with us in Chicago. We emphasize a ‘Leaders Learning From Leaders’ approach, allowing our attendees to work together to share best practices, solve challenges, and create lasting connections.”

Other leading corporate brands that will be speaking include The Home Depot, The Mine (a Lowes Company), Sears Holdings, GoDaddy, Samsung, 1-800-Flowers.com, IHG and more. To see the full list of speakers, download the official agenda www.execsintheknow.com/crs-chicago-agenda/.

To learn more or to register, visit the event website www.execsintheknow.com/events/crs-chicago/.

About Execs In The Know

For over 15 years, Execs In The Know has built a reputation of excellence in the Customer Management Industry and a worldwide community of over 50,000 Customer Experience Professionals, dedicated to enhancing the customer service industry. Execs In The Know connects people to engaging industry content, thought leadership, current trends, peer-to-peer collaboration, networking, and industry employment opportunities. Their largest event, Customer Response Summit, takes place twice a year, uniting executives from many of today’s leading brands, to create impactful connections and share actionable insights.

Learn more at www.execsintheknow.com.

Media Contact:

Alyssa Pitura