Experience Improvement Terms – Pearl-Plaza

Experience Improvement Terms

Customer experience can make or break your company. Whether you’re a rookie or a seasoned pro in CX, check out our definition pages to learn more about CX buzzwords and jargon.

Customer Acquisition


The process of discovering, attracting, and onboarding new and prospective customers that will benefit from and enjoy your business offering.

Learn More

Customer Churn


Occurs when someone chooses to discontinue using your products or services—or in other words, they are no longer a customer.

Learn More

Customer Effort Score (CES)


An index from 1 to 7 that measures how easy a company makes it for customers to deal with its products and services. A company that provides effortless service gets a 7 while a company that makes it difficult gets a 1. In other words, the higher the CES, the better.

Learn More

Customer Engagement


A process by which businesses interact with their customers to build relationships and foster loyalty.

Learn More

Customer Experience (CX)


How customers feel about their collective experiences and interactions with a company—including their overall relationship with a specific brand.

Learn More

Customer Experience Management


According to the research firm Gartner, customer experience management is defined as “understanding customers and deploying strategic plans that enable cross-functional efforts and customer-centric culture to improve satisfaction, loyalty, and accuracy.” In other words, managing experiences to customers’ contentment.

Learn More

Customer Experience Research


A type of market research that focuses on understanding the customer's experience with a company's product or service.

Learn More

Customer Feedback


Any information from customers about their experience with a product or service from a specific company.

Learn More

Customer Journey Mapping


The process of creating a visual representation of the journey a customer has with a company’s brand, products, services and people. The process of creating one is called a customer journey map.

Learn More

Customer Lifecycle


The process of someone becoming aware of your business to making a purchase to becoming a loyal and lifelong customer.

Learn More

Customer Loyalty


Customer loyalty is believing that an organisation’s product is the best option. It’s more than a casual friendship. Loyalty means sticking around when it isn’t easy, rejecting competition and believing that the customer-company relationship transcends products and services.

Learn More

Customer Satisfaction Score (CSAT)


An attempt at capturing how satisfied customers are with a company’s goods and services. A survey asks a customer to rate their satisfaction, typically on a scale from 1 to 5.

Learn More

Customer Value


A customer’s perception of the value of your product or service.

Learn More

Detractors


Detractors are unhappy customers who are unlikely to buy from you again, and may even discourage others from buying from you.

Learn More

Digital Customer Experience


The total online interactions a customer has with your business and brand, including apps, social media, chatbots, your online store, digital content, email chains, or any other virtual means of connection.

Learn More

Digital Experience


An extension of traditional customer experience which focuses more specifically on those interactions that occur with digital touchpoints.

Learn More

Employee Commitment


Employee commitment is an initiative that seeks to drive culture through trust, dependability, two-way exchanges, and communication.

Learn More

Employee Experience


An individual worker’s collected perceptions throughout their time with a specific company.

Learn More

Enterprise Feedback Management (EFM)


The process of collecting, analysing, and taking action on customer feedback for an enterprise-class large company. It is principally involved with the distribution and analysis of surveys.

Learn More

eNPS?


eNPS or Employee Net Promoter Score is one way to measure employee engagement and satisfaction, adapted from the very similar customer satisfaction measurement, NPS.

Learn More

Integrated CX


Harnessing the power of data, technology, and expert service to help companies unlock valuable insights so they can take action to drive measurable outcomes for their customers.

Learn More

Market Research


Explores hidden relationships within industry data, collected by a market research firm, in order to predict and forecast future events and behaviour within the market.

Learn More

Market Segmentation


A research strategy that separates different consumers in order to study their preferences, needs, and perspectives in order to optimise business practices, products, and experiences.

Learn More

Net Promoter Score (NPS)


A trademarked metric between -100 and 100 that captures in aggregate the propensity of a company’s customers to attract and refer new business or/and repeat business.

Learn More

Predictive Analytics Software


A branch of advanced analytics that utilizes historical data, statistical algorithms, and machine learning techniques to make predictions about future events or behaviors.

Learn More

Response Bias


Our human tendency to self-report inaccurate (or even totally false) answers to survey questions.

Learn More

Response Rate


How many people actually answered your survey.

Learn More

Survey


A highly customisable questionnaire that empowers brands to quickly and easily reach a given audience.

Learn More

Text Analytics


The methods and processes used for obtaining insights from unstructured data, turning survey text responses into quantitative data.

Learn More

Voice of the Customer (VoC)


The process of gathering vital information regarding what customers think and feel about their experiences with a business.

Learn More

Voice of the Employee (VoE)


The process of gathering and analysing employee feedback to improve the customer experience.

Learn More

Change Region

North America
United States/Canada (English)
Europe
Dach (Deutsch) United Kingdom (English)
Asia Pacific
Australia (English) New Zealand (English) Asia (English)