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ROI Toolkit

Cost to Serve Efficiency

Investing in service improves business efficiencies, reducing overall service costs.

The Equation

Invest Ā£X in Service ā†’ Improve Operational Efficiencies & Reduce Cost to Serve (Ā£X) ā†’ Enhance Profitability ā†’ Deliver ROI (Ā£Z)

The methodology

An example of how an organisation might use the Cost to Serve Efficiency metric

Things to consider

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Key research/insight from us

Research from post card

Building the Service Nation

Building the Service Nation

Building the Service Nation

The research is based on interviews with senior executives (including Chief Executive Officers, Chief Operating Officers and Customer Service or Customer Experience Directors) and online surveys with 751 employees in a variety of roles, across organisations and sectors, 929 consumers and 500 young people aged between 16 and 21. The research was conducted between December 2022 and February 2023.

Around 67% of UK employees spanning a wide range of roles, departments or functions, spend significant amounts of time in their job dealing with customers. Therefore, for many organisations, the profession of customer service is about embedding a service culture to deliver the organisationā€™s commercial and customer experience objectives, as well as developing appropriate skills in specific roles.Ā  The research identifies that there is a growing requirement for broader and more advanced skills and lays out in detail what these skills and capabilities will be.

Customer service provides a challenging and rewarding career with genuine pathways to develop skills and experience but potential employees are not always aware of the breadth of career opportunities and many are more likely to see customer service as a foundation for other careers than a respected profession offering good career opportunities.Ā  The research presents 5 main pathways for careers in customer service.

To conclude, our research highlights 9 areas to improve the perception and recognition of roles and careers in customer service as well as practical recommendations to aid organisations in addressing them.

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Productivity UK

Productivity UK

Productivity UK

With almost 80% of UK GDP generated by the service sector, there is an urgent need to define, develop and measure productivity in a service context.

This Breakthrough Research examines the perspectives of senior managers, employees and customers on productivity in a service context.

The research looks at how organisations have sought to improve both their productivity and customer satisfaction, and recommends a framework to enable organisations to improve and measure their performance.

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The Customer Knows (2016)

The Customer Knows (2016)

The Customer Knows (2016)
  • 67% of customers who had a great experience with an employee said they would buy again from that organisation, compared to 11% who had a bad experience.
  • 63% of customers who had a great experience with an employee said they would recommend that organisation, compared to 10% who had a bad experience.
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How we can help deliver this metric or improvements to your company

Speak to your Client Development Director today

Your Client Development Director will provide expert guidance to tailor the methodology to your organisation, ensuring effective implementation and measurable results.

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