Net Promoter Score (NPS) is an important metric for measuring customer loyalty and satisfaction. It was introduced by Bain & Company in 2003. NPS assesses how likely customers are to recommend a business, product, or service using a simple scale from 0 to 10. Based on their responses, customers are divided into three groups: Promoters (9-10): Loyal enthusiasts who drive …

Big Data is no longer just a buzzword: it’s a powerful tool reshaping how businesses understand and enhance customer experiences. In the digital age, where every interaction generates valuable insights, companies can leverage vast amounts of data to create personalized customer journeys that resonate deeply. With digital transformation accelerating, organizations face the pressing need to harness Big Data to meet …

Customer experience (CX) includes every interaction a consumer has with a brand, making it very important in the consumer packaged goods (CPG) industry. With more competition and changing consumer expectations, it's crucial to understand and improve CX for long-term growth. Key Takeaway: Investing in CX can lead to substantial business growth. Our study on "What is Customer Experience Worth? A …