Sun.Sep 10, 2023

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Alliance Failure and Alliance Success: The 80% Rule

Peter Simoons

The research into alliance failure and success rates continues to display a broad spectrum of figures. The figures range from a mere 20% alliance failure rate at best, to a daunting 80% alliance failure rate at worst. It is this notably high alliance failure rate of 80% that sparks disbelief! This prompts one to wonder whether companies would genuinely invest in something they believe has a 4 in 5 chance of failure?

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Five Ways to Solve Your Customer-Centricity Challenges

Customer Think

In a recent article, I wrote about the benefits of a customer-centric culture, but I also mentioned the challenges of deliberately designing such an organization. How does one overcome these challenges? Read on to find out. The post Five Ways to Solve Your Customer-Centricity Challenges appeared first on CX Journey™.

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What Relationship Builders Do Better Than All Other Salespeople

Customer Think

Last week, I posted an article on the Impact of Relationship Building Challenges in Sales. The article explored what happens to salespeople who are skilled at selling, but aren’t very good at building relationships, as well as those who are great at building relationships, but aren’t very skilled at selling.

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Customer service teams are risking a backlash by ditching the phone

Customer Think

Businesses are well aware that they should make it easy for customers to interact with them on digital channels. However, there are situations when customers need to be able to get in touch quickly and speak to a real live person on the phone.

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2024, The Year of the Customer

2023's struggles fueled a shift: companies are ditching wasteful strategies in favor of data and AI-powered growth. Enter 2024, the year GTC takes center stage. Discover 5 ways a customer-centric approach unlocks new revenue and delivers lasting success.

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Emotion in Motion: Why Feelings Fuel the Future of Business

Customer Think

Photo by pexels.com In the dynamic landscape of modern business, the brands that stand out most are those that evoke emotion, cultivating profound connections that extend beyond mere transactions. With the ubiquity of data analytics and performance metrics, it’s easy to forget one essential ingredient: the human factor.

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6 Effective Ways to Engage Your Lost Customers

Customer Think

Retaining customers is not easy. No matter how hard you try to offer seamless experiences, it’s normal to lose a few customers every now and then. Fortunately, it’s not the end of the road for you, as you can deploy well-thought-out strategies and win your lost customers back.

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