A new study shows the relationship between a customer’s experience (via Forrester Research Rankings) and financial performance in the stock market. The companies with better customer experience generally beat the S&P 500.
…executives routinely make big investments in other types of initiatives that are notorious for their vague and questionable ROIs: corporate re-brandings, advertising programs, “synergistic” mergers, and even the hiring of highly compensated, star CEOs.
It suggests a double-standard, perhaps reflecting executives’ deep-seated skepticism around the benefits associated with customer experience differentiation.
It was this dichotomy that drove Watermark Consulting to elevate the dialogue – getting executives, even for just a moment, to focus less on project-by-project justifications and more on the macro impact of customer experience excellence.
We’ve accomplished this over the years by studying the total returns for two model stock portfolios comprised of the Top 10 (“Leaders”) and Bottom 10 (“Laggards”) publicly traded companies in Forrester Research’s annual Customer Experience Index ranking.
The results of our latest analysis are in, and they are, in a word, striking…
The Watermark Consulting 2013 Customer Experience ROI Study
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I’ve decided to give give it a shot. A good friend and collegue of mine, thinks that the whole idea of blogging (both reading them and writing them) is ridiculous.
I’m sure she’ll be singing a different tune after she reads this! 😉
Her opinion is “Why would anyone trust what some nobody is writing?” I think she has a good point. There are plenty of people with no qualifications on a given topic, generating lots of misinformation on the web. So “educated web-surfers” should take that into consideration when reading anything.
There are a few reasons for this site:
- After using Typepad and some other blogging platforms for work use, I wanted to check out WordPress. What the heck, I thought I’d give it a real world trial.
- To test drive some of the plug-ins and enhancements are available for WordPress, blogs and plain-old web sites as well.
- I want to see how I could promote/market what I expect to be a very modest blog. How can I get on the front page of Google.
- As a place to share my thoughts about technology and more. My hope is that having to write it down will force me to think more clearly the topics.
That said, I hope that those who happen to find there way to this page can get something useful out of it. Please share your thoughts as well.
Welcome. If you haven’t read my first post, you should start there. I’m in the technology field and while I plan to focus this on that, I will on occasion write about non-tech too. Thanks for reading!!
Here is a list of my pages on other sites…