Executive Summary – Return on investment in customer service: the bottom line report (2011)
£500.00
Executive summary of our research into evidence of the financial returns from customer service.
Description
Executive summary of our research into evidence of the financial returns from customer service. This document summarises a survey of senior directors, a literature review, case studies and a series of recommendations that can be used to start achieving ROI from customer service.
Sponsored by O2, South Yorkshire Passenger Transport Executive and BT
This report examines:
– the activities that lead to a customer service ROI
– the relationships between customers and organisations that lead to ROI
– how organisations are beginning to measure intangible aspects of customer service such as loyalty, experience and sentiment
– how the more intangible aspects of customer service bring the greater returns
– how ROI in customer service is a developing discipline
It also contains a set of detailed recommendations that organisations can use to achieve a good ROI from their customer service activities.
Main findings
– customer service contributes to the success of organisations
– strong customer relationships are the key to success and profitability
– front-line staff play a critical role in forging close customer relationships
– customer satisfaction is a reliable indicator of business performance
– soft, relational dimensions of customer service are increasingly important but difficult to measure
– ROI in customer service is a developing discipline
Who is it for?
Anyone who is involved in:
– making a case for customer service at a strategic driver
– finding ways of achieving some form of return on investment in customer service
– measuring customer satisfaction, sentiment and other more intangible customer measurements
– measuring return on investment
Published 2011.
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