Strategy: Page 17


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    nd3000 via Getty Images
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    Sponsored by Stellar Elements

    Addressing your CX debt starts with admitting you have a problem

    CX debt isn’t just another buzzword; it’s a wake-up call. This debt is a continued financial toll accumulating from unresolved CX gaps in an organization. 

    March 11, 2024
  • Customers use an ATM at a Bank of America office.
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    Justin Sullivan via Getty Images
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    Customers trust their banks, but data security is a top worry, survey finds

    Good customer service was the leading reason for customer satisfaction, a EPAM Continuum report found.

    By March 8, 2024
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    blackCAT via Getty Images
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    Trendline

    Loyalty

    In this Trendline, CX Dive explores where and how leaders are encouraging customer loyalty.

    By CX Dive staff
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    Taunya Moore/CX Dive
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    Tractor Supply revamps loyalty program with lower threshold for perks

    The over 30 million Neighbor’s Club members represent more than three-quarters of sales for the retailer. 

    By Tatiana Walk-Morris • March 8, 2024
  • Signage that reads "Foot Locker" outside a store in Chicago, Illinois
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    Scott Olson/Getty Images via Getty Images
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    Foot Locker touts high NPS scores as sign of turnaround

    The retailer credited store associates for its high net promoter scores and shared its plans to better connect its digital and physical experiences.

    By March 7, 2024
  • An employee assists a customer at The Home Depot store.
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    Brandon Bell via Getty Images
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    Aim for forgettable experiences, CSG says

    Yes, it’s counterintuitive. But customers value easy experiences over exceptional ones, CSG said in a recent report.

    By March 6, 2024
  • Five pieces of clothing, with a cardboard box labeled "Stitch Fix."
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    Courtesy of Stitch Fix
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    Stitch Fix hints at new client experience as declines persist

    The apparel box e-retailer lowered its guidance for its full fiscal year, ending in July, and CEO Matt Baer asked for patience with its transformation.

    By Daphne Howland • March 6, 2024
  • A Target storefront with the company's signature red color scheme and bullseye logo
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    Courtesy of Target
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    Target upgrades loyalty program, rolls out paid membership

    Target Circle 360 will cost $99 a year and comes as the retailer plans 300 new stores in the coming decade.

    By Nate Delesline III • March 5, 2024
  • Two shoppers leave a Best Buy store.
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    Spencer Platt via Getty Images
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    Best Buy leans into customer experience as a sales driver

    With the vast majority of its revenue coming from known shoppers, Best Buy plans to upgrade its app to better serve its most valuable customers.

    By March 4, 2024
  • A woman enters a Chase Bank in New York City.
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    Spencer Platt via Getty Images
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    Why Chase keeps investing in brick-and-mortar

    “Consumers want both the ease and flexibility of banking from their phone, and access to branches and experts that can help them navigate life moments,” Chase’s head of digital products and channel told CX Dive.

    By March 1, 2024
  • Wendy’s cups made with 20% ISCC-certified, recycled plastic (on a mass balance basis)
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    Permission granted by Berry Global
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    Wendy’s backtracks on dynamic pricing

    The company said Tuesday that it would not charge higher prices during peak hours. This statement follows widespread consumer backlash on social media in response to mention of a dynamic pricing test in its Q4 earnings call. 

    By Aneurin Canham-Clyne • March 1, 2024
  • An image of a customer entering a Cava restaurant.
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    Mario Tama via Getty Images
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    Cava plots ‘3.0’ store design for a more inviting dining experience

    The fast-growing Mediterranean chain wants to make its restaurants more comfortable and inviting for customers to bolster sales.

    By Emma Liem Beckett • Feb. 29, 2024
  • A Porsche is seen on stage of the opening ceremony of the Geneva International Motor Show.
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    Mohamed Farag via Getty Images
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    Porsche names new head of North America customer experience

    Christine Russell Fleischer, who was most recently at Infiniti, will take over as VP of customer experience and will report to CEO Timo Resch.

    By Feb. 27, 2024
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    AaronAmat via Getty Images
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    When companies forget empathy, they risk customer trust and loyalty

    While businesses often think of empathy in human-to-human interactions, it’s equally important in digital experiences, Forrester research found.

    By Feb. 27, 2024
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    Courtesy of Domino's
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    Domino’s loyalty relaunch draws 2M new members

    Strengthened by its emergency pizza marketing stunt, Domino’s updated rewards program helped bolster traffic and comparable sales.

    By Aneurin Canham-Clyne • Feb. 27, 2024
  • A passenger walks by a United Airline's sign in Chicago's O'Hare International Airport with luggage.
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    Scott Olson via Getty Images
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    American, United raise bag fees, other carriers likely to follow

    As airlines look to cut costs, they will have to be careful not to draw the ire of customers, who are already frustrated by the increasing price of air travel.

    By Feb. 26, 2024
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    Delmaine Donson via Getty Images
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    Back to CX basics: How to understand your customers

    Leaders need to be in touch with customers’ needs to identify the investments that will make the biggest difference in overall outcomes.

    By Feb. 23, 2024
  • Screengrab off Amazon's website of Recurring Reservations and Repeat Items features
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    Retrieved from Amazon.
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    Amazon Fresh launches Recurring Reservations feature for online shopping

    The new feature allows grocery customers to choose a time for pickup or delivery orders up to a week in advance.

    By Peyton Bigora • Feb. 23, 2024
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    Pekic via Getty Images
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    Are businesses listening to what customers don’t say?

    CX leaders need to pay attention to the "silent signals" from unhappy customers who don’t raise their hands to voice their complaints.

    By Michael Hinshaw • Feb. 22, 2024
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    South_agency via Getty Images
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    Gartner expects the EU to mandate ‘right to talk to a human’ by 2028

    Customer service leaders investing heavily in AI solutions would do well to keep a human in the loop, Gartner advises.

    By Feb. 20, 2024
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    anyaberkut via Getty Images
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    Travel loyalty program providers fall short

    A new study from arrivia reveals a divide between what customers want and what businesses assume.

    By Feb. 20, 2024
  • Buy now, pay later
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    I going to make a greatest artwork as I can, by my head, my hand and by my mind. via Getty Images
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    Buy now, pay later popularity rises among ‘financially fragile’ consumers

    About 60% of that group has used buy now, pay later services five or more times in the past year, compared to just over 20% of financially stable consumers, the New York Fed said.

    By Caitlin Mullen • Feb. 16, 2024
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    Justin Sullivan via Getty Images
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    Burger King, Popeyes lean into kiosks, remodels to spur speedy service

    Parent company Restaurant Brands International is focusing on improving speed and convenience as drivers of customer satisfaction.

    By Feb. 15, 2024
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    Delmaine Donson via Getty Images
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    Peer-to-peer payment platforms have a trust problem, AARP says

    “When it comes to addressing instances of financial exploitation, consumers are less likely to trust P2P platforms than banks and credit unions,” an AARP survey reported.

    By Tatiana Walk-Morris • Feb. 15, 2024
  • A customer walks into a FedEx store on December 21, 2022 in Houston, Texas.
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    Brandon Bell via Getty Images
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    Consumers seek in-store returns and no-label shipping, FedEx study finds

    Most consumers think returns have become easier in recent years, according to FedEx. People have also grown accustomed to convenient return options.

    By Feb. 14, 2024
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    Brothers91 via Getty Images
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    Slow websites are frustrating visitors, causing dips in engagement

    JavaScript errors were to blame for the increasing rate of frustrating digital experiences, according to a new Contentsquare study.

    By Feb. 14, 2024