Forrester is one of the top technology research co
Post# of 32649
They published this research paper on December 13, 2019
Unfortunately you need a subscription to read most of their articles beyond just a paragraph overview
"How Customer Experience Drives Business Growth, 2019"
https://www.forrester.com/report/How+Customer...-RES158938
I saw a tweet that VERB cliients average a 26% conversion rate
https://twitter.com/VerbTech_Co/status/1219354294476058624
That means one out of 4 people you send a sample to actually buys
That conversion rate is great. Even a 10% rate would be good.
And you can do it all digitally
Even if the conversion rate previous was 1% and you doubled it to 2%, you doubled sales
One point can make a big difference
Now let's talk about Customer Experience (CX)
Can even moving the CX one point make much of a difference?
I'd say so
So does Forrester
While you can read the research paper, part of it is in a table on Sprinklr's website a little ways down.
Pretty cool table that shows the impact which is substantial.
The other thing I like about the table is seeing the average number of customer per company in each vertical
That's a lot of customers and now VERB is in the customer space with their customer facing app in direct sales.
Revenue impact of a 1-point improvement in CX
https://www.sprinklr.com/