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Trends

New Customer Experience Trends for 2024

The customer experience (CX) landscape is always evolving and changing, demanding innovation and adaptation from businesses across all industries – retail, automotive, financial, hospitality, and more. As we continue to move further into 2024, new trends are emerging that will shape how customers interact with brands and many businesses are asking – what are new customer experience trends for 2024? boostCX is a leading provider of customer experience management solutions that helps businesses stay ahead of the curve with a comprehensive suite of innovative solutions. Let’s explore some of the hottest CX trends for 2024 and how boostCX empowers you to leverage them for success.

Top 5 Customer Experience Trends in 2024

In the ever-changing world of customer experience management, this year promises exciting new trends. A focus on omnichannel engagement ensures a seamless experience across all touchpoints, from mobile apps to in-person interactions. Prioritizing customer accessibility empowers customers to find the information and support they need, when they need it and  personalized experiences are key, with more and more businesses employing AI to tailor offerings and interactions to fit customer preferences.

Data shows that 64% of customers deem the customer experience more important than the price of products and services – and 89% of customers will make another purchase with a specific brand or business when they have had a quality experience. Stay tuned as we explore key customer experience trends and how boostCX equips you to thrive in this dynamic CX environment.

1. Omnichannel Engagement

A critical customer experience trend for 2024 is omnichannel engagement – engaging with customers where they are. Customers expect a seamless transition between online browsing, mobile apps, phone calls, and even in-store visits. boostCX gives businesses the tools to meet this challenge by providing a unified platform that facilitates customer interaction on various channels – social media, websites, and more. This allows businesses to deliver consistent messaging, personalized recommendations, and efficient support, regardless of how and where a customer chooses to connect.

2. Customer Accessibility

In a diverse world – catering to a wide range of customer needs is vital. Customer accessibility is a customer experience trend that emphasizes ensuring information and support are available to everyone, anytime, and anywhere. This might involve features like closed captioning on videos, website accessibility tools for visually impaired users, or offering support in multiple languages. boostCX employs multilingual customer surveys, a 24/7 Live Agent Contact Center, online chat tools, social media engagement services, and much more that give customers access to your team when they need it. When businesses prioritize accessibility, businesses demonstrate inclusivity and remove barriers that could stifle the customer experience.

3. Total Experience

Total Experience (TX) is a new trend that provides a holistic, all-in-one approach. This comprehensive strategy goes beyond just customer experience and encompasses Customer Experience (CX), Employee Experience (EX), User Experience (UX), and Multi-Experience (MX) – which all work together to drive success. Data driven by this approach illustrates that 82% of businesses found that a positive customer experience is driven by a positive employee experience. This metric helps you create a unified experience for every stakeholder in your business ecosystem, from employees to customers and beyond.

4. Personalized Customer Experiences with AI

The future of customer experience is personal. In the next year, a key trend is personalized experiences generated by AI. Imagine a world where AI tailors product recommendations, anticipates customer needs, and even predicts potential issues before they arise in the customer journey. This level of personalization fosters stronger connections with customers, leading to increased satisfaction and loyalty. Businesses that leverage AI effectively can create a more meaningful and engaging customer journey, setting themselves apart in today’s competitive landscape. boostCX employs human and machine learning to identify and address pain points on the customer journey that allow businesses to personalize the customer experience.

5. Customer Security and Privacy

Data privacy and security are no longer afterthoughts – they’re center stage in the 2024 customer experience landscape. Customers expect their information to be protected, and a data breach can shatter trust. boostCX understands this trend. Our solutions are built with robust security measures in place to ensure customer data is safeguarded, giving both businesses and customers peace of mind. This focus on privacy allows businesses to build trust and transparency, fostering a positive and secure customer experience.

Customer Experience

Advantages of Using a Customer Experience Management Platform

The business market is competitive – and a world-class customer experience has the ability to set your business apart from the competition. boostCX may be able to help. Businesses who want to drive success may want to consider the advantages of customer experience management that go far beyond simply keeping customers happy. With a strategic customer experience management approach and innovative solutions businesses are empowered to build loyalty, cultivate brand advocates, and ultimately increase business growth. boostCX steps in as your one-stop shop for customer experience management solutions in a variety of industries that include retail, automotive, financial, hospitality, and more.

Top 5 Benefits of Customer Experience Management

Customer experience management provides businesses with a wealth of benefits. When you prioritize customer satisfaction at every touchpoint of the customer roadmap, customer experience management solutions foster stronger relationships, increase the likelihood of repeat business, and build brand loyalty. Positive customer experiences translate to positive word-of-mouth marketing and a stronger brand image. boostCX customer experience management solutions can also improve operational efficiency by leveraging data-driven insights to identify areas for improvement within your customer service strategy. In a crowded marketplace, a superior customer experience can help you stand out from the crowd.

1. Improved Customer Engagement

boostCX empowers businesses to transform customer interactions into opportunities for engagement. Features like boostCX Omnichannel Engagement, boostCX Social, and boostCX Engagement Services help businesses proactively address customer concerns, gather valuable feedback, and foster a two-way dialogue that keeps customers feeling connected and valued.

2. Higher Customer Retention

Customer retention is key to business success and boostCX customer experience management can significantly increase customer retention by identifying at-risk customers through sentiment analysis and feedback surveys. With these insights, businesses can proactively address customer issues, personalize the customer journey, and ultimately cultivate stronger brand loyalty that keeps customers coming back to your business.

3. Reduced Customer Churn

Customer churn is defined as the number of people who stopped being customers during a set period of time and a general rule in business is that it costs more to get new customers than to retain the customers you already have. Businesses that engage with customers and foster ongoing relationships can reduce the amount of customer churn that they see.

4. Increased Brand Loyalty

Brand loyalty is a key element of success for any company. A quality customer experience management platform – like boostCX – can help you avoid the negative reviews that decrease brand loyalty by engaging with customers in real-time to foster loyalty and turn a negative customer experience into a positive one. In addition – continued engagement with customers who have a positive experience can turn customers into brand advocates.

5. Improved Customer Lifetime Value

Customer lifetime value is the historic or predictive calculation of the value a single customer presents for a business – a calculation that is linked directly to revenue – unlike the Net Promoter Score (NPS) and CSAT. boostCX customer experience management helps improve customer satisfaction, loyalty, and satisfaction – which helps drive up customer lifetime value.

When you prioritize the customer experience at every touchpoint, your business can cultivate lasting relationships, build brand loyalty, and achieve significant growth. Investing in customer experience management solutions is an investment in the future of your business and boostCX provides the tools you need to succeed. We hope this overview of the advantages of customer experience management will highlight key elements of customer experience management platforms like boostCX.

Customer Experience

Differences Between a Call Center and a Contact Center

In a digital world – customer interactions have evolved far beyond just phone calls to include review sites, social media, and more. All of the above play a crucial role in customer service and there’s a key distinction between traditional call centers and modern contact centers. This guide explores the core features and functions of each, highlighting the key differences between a call center and a contact center. Businesses that understand these differences can choose the right solution for their specific customer service needs and create a seamless omnichannel experience for their customers. Find out how the boostCX Contact Center and Engagement Services solutions can help you reach your customers.

Call Center vs. Contact Center

You may think that call center and contact center are interchangeable terms – they are not. The key difference between call centers and contact centers – like the 24/7 Engagement Services used by boostCX – is the channel or medium used by each. In many ways, a contact center is a modern version of the call center that allows businesses to engage customers via phone, text, email, live chat applications, and social media.

Call Center

Medium: Voice calls

Analytics: Call reports

Focus: Managing call flows and metrics

Scalability: Difficult to increase capacity

Customer Approach: Reactive

Contact Center

Medium: Voice calls, email, live chat, text, video, and more

Analytics: Multichannel engagement and analytics

Focus: Customer engagement

Scalability: Easy to expand

Customer Approach: Proactive and reactive

What Are the Benefits of a Multichannel Contact Center?

In the modern and digital age, customers want the freedom to connect with businesses on their preferred channel – when and where they want to. This is where the boostCX Engagement Services and Contact Center come in. boostCX goes beyond the limitations of a traditional call center, offering a multichannel solution and omnichannel engagement that empowers you to provide an exceptional customer experience across all touchpoints. This includes email, live chat, social media messaging, and even SMS text messaging. Here is a list of benefits provided by a contact center.

  • Higher NPS – A contact center allows your team to engage with customers on a variety of platforms that has the ability to help raise your Net Promoter Score (NPS).
  • Shorter Wait Times – With a variety of channels available to engage with customers, the customers have more opportunities to get the information they need and spend less time waiting to get that information.
  • Cost Effective – A team of multi-skilled contact center agents allow you to maintain a smaller team with a variety of skills that means you can be that much more cost effective.
  • Improve Brand Consistency – Are you looking for ways to create a consistent brand image? A contact center provides the customer engagement you need to improve customer retention and satisfaction.
  • Higher Resolution Rate – Increased access to contact center agents means a higher first-call resolution rate when compared to call centers with just one avenue of contact.
  • Omnichannel Reporting and Analytics – Customer data is the key to customer satisfaction and retention and with omnichannel engagement, you can collect more customer data and deliver a first-class customer experience.

By employing a multichannel contact center, businesses can ensure they’re meeting customers where they are, building stronger relationships, encouraging brand loyalty, and driving business growth.

In the modern market, understanding the differences between call centers and contact centers is important to your success. While call centers rely on phone interactions, modern contact centers offer a wider range of communication channels. This empowers businesses to cater to customer preferences and create a seamless omnichannel experience.

The boostCX Contact Center transcends the limitations of traditional call centers. A multichannel solution allows you to engage with customers on their preferred platform, be it email, live chat, social media, or SMS and boost your customer satisfaction, streamline operations, and gain valuable customer insights – all with boostCX.

Best Practices

Effect of the Employee Experience on Customer Service

In the world of customer service, a simple truth prevails – happy employees lead to happy customers. When you approach the customer experience, it is important to consider the effect of the employee experience on customer service. Employees who feel valued, empowered, and equipped with the right tools to serve their customers are more likely to deliver an exceptional experience. In turn – this fosters customer satisfaction, loyalty, and a thriving business.

boostCX is a comprehensive customer experience management solution that empowers businesses to cultivate a positive employee experience and gives your team the ability to deliver exceptional service at every turn, which directly translates into a superior customer experience.

How Does the Employee Experience Affect Customers?

The employee experience has a ripple effect that reaches all the way to your customers. A disengaged employee, struggling with outdated technology or unclear processes may become frustrated and their frustration can be manifested in interactions with customers, leading to impatience and a lack of helpfulness. By comparison – an empowered and motivated employee that has the tools and support they need to go above and beyond. They can resolve customer inquiries efficiently, offer personalized recommendations, and create a positive and welcoming atmosphere that will keep customers coming back to your business.

The impact of happy employees on the customer experience and the bottom line for your business is very real. A recent Gallup study found that disengaged employees cost businesses an estimated $450 – $550 billion per year – which makes it even more important to build a positive culture for your employees.

Top 3 Tips to Improve the Employee Experience

Investing in your employees is an investment in the success of your business. Happy and engaged employees provide exceptional customer service, fostering loyalty and driving growth. Here is a better look at a few things your company can do to measure and analyze the employee experience.

Employee Engagement Surveys

Employee Engagement Surveys are a powerful tool to gauge employee sentiment and identify areas for improvement. When you gather honest feedback through surveys, you can understand employee needs, concerns, and overall satisfaction. This valuable employee experience data allows you to address pain points, create recognition programs, and foster a culture of open communication that will help you build a successful team and business. Improved employee engagement translates to a more motivated workforce, ultimately leading to a more positive customer experience.

Employee Net Promoter Score (ENPS)

The Employee Net Promoter Score (ENPS) – like the customer Net Promoter Score – goes beyond just satisfaction. It measures employee loyalty by asking if they would recommend your company as a great place to work. A high ENPS indicates a strong employer brand and employees who are enthusiastic brand advocates – which translates to a more positive and motivated workforce, leading to improved customer service and ultimately a better customer experience. Businesses that focus on employee well-being and addressing concerns identified through an Employee Net Promoter Score can create a positive ripple effect throughout the entire customer journey.

Employee Performance Review Surveys

Employee Performance Review Surveys evaluate more than performance – they’re a valuable tool for employee growth and development. These surveys allow employees to provide feedback about their managers, the clarity of expectations, and opportunities for professional development. When addressed – these insights provide information on how businesses can create a culture of continuous learning, improvement, and advancement for employees. This empowers employees, fosters a sense of value, and ultimately leads to a more engaged and motivated workforce. A positive employee experience translates directly to a more positive customer experience, creating a win-win scenario for everyone.

The connection between employee experience and customer service is undeniable. By investing in employee well-being and satisfaction, you’re laying the foundation for exceptional customer interactions in the future. Employee Engagement Surveys, Employee Net Promoter Score (ENPS), and Employee Performance Review Surveys are just a few tools that can help you understand employee needs and create a thriving work environment.