What does Customer Experience mean?

Definitions for Customer Experience
cus·tomer ex·pe·ri·ence

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Customer Experience.

Wikipedia

  1. Customer experience

    Customer experience (CX) is a totality of cognitive, affective, sensory, and behavioral consumer responses during all stages of the consumption process including pre-purchase, consumption, and post-purchase stages. Pine and Gilmore described the experience economy as the next level after commodities, goods, and services with memorable events as the final business product. Four realms of experience include esthetic, escapist, entertainment, and educational components.Different dimensions of customer experience include senses, emotions, feelings, perceptions, cognitive evaluations, involvement, memories, as well as spiritual components, and behavioral intentions. The pre-consumption anticipation experience can be described as the amount of pleasure or displeasure received from savoring future events, while the remembered experience is related to a recollection of memories about previous events and experiences of a product or service.

Wikidata

  1. Customer experience

    Customer experience is the sum of all experiences a customer has with a supplier of goods and/or services, over the duration of their relationship with that supplier. This can include awareness, discovery, attraction, interaction, purchase, use, cultivation and advocacy. It can also be used to mean an individual experience over one transaction; the distinction is usually clear in context. Analysts and commentators who write about customer experience and customer relationship management have increasingly recognized the importance of managing the customer's experience. A company's ability to deliver an experience that sets it apart in the eyes of its customers serves to increase the amount of consumer spending with the company and, optimally, inspire loyalty to its brand. "Loyalty," says Jessica Sebor, "is now driven primarily by a company's interaction with its customers and how well it delivers on their wants and needs." With products becoming commoditized, price differentiation no longer sustainable, and customers demanding more, companies – particularly communications service providers – are focusing on delivering superior customer experiences. A study in the year of 2009 on 860 corporate executives revealed that companies that have increased their investment in customer experience management over the past three years report higher customer referral rates and customer satisfaction.

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Numerology

  1. Chaldean Numerology

    The numerical value of Customer Experience in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of Customer Experience in Pythagorean Numerology is: 2

Examples of Customer Experience in a Sentence

  1. Brad Banducci:

    A more competitive environment will result in lower margins as we invest to improve all aspects of the customer experience, notwithstanding gathering momentum in operating efficiencies.

  2. The Amazon spokeswoman:

    We are working closely with our sellers to ensure a smooth transition and to continue to deliver the best customer experience possible, sellers interested in continuing to sell on Amazon outside of China are able to do so through Amazon Global Selling.

  3. Martin McPhee:

    Lending remains pretty much an archaic process for banks, largely based on paper forms that are designed to give customers a poor experience, research shows that four out of five banking customers will happily leave their banks for a better customer experience.

  4. Freeman Shen:

    I don't think traditional car companies are doing well selling cars, especially with their customer experience. With smart, connected cars, I believe I can change that, we're not a traditional car company. We see ourselves as a service company.

  5. Oscar Auliq-Ice:

    Your customer service opens up unique opportunities to offer an excellent customer experience.

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"Customer Experience." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/Customer+Experience>.

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