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Customer Experience Management Benefits
The key benefits of Customer Experience Management (CXM) are:
Incorporation of CXM in the organization’s strategies and building of a customer-centric corporate culture
Having a detailed understanding of what causes customer satisfaction and loyalty
Increased customer focus and customer centricity through managed customer experience
Using customer experience management as an important weapon to defend and increase market share in highly competitive market environments
Positive differentiation from main competitors
Enhancement of customer experience, customer satisfaction, and loyalty
Rapid word-of-mouth dissemination of positive customer experience feedback through social media
Increased company representation, brand awareness, and brand recognition
Increased sales revenue and profitability
Reduced costs of new customer acquisition
Increased employee self-confidence, motivation, tools, and empowerment
Reduced employee turnover and recruitment costs
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