skip to primary navigationskip to content

Cambridge Service Alliance

developing new understanding and approaches to complex service systems

Studying at Cambridge

 

Customer Experience Analytics: Dynamic Customer-Centric Model

last modified May 31, 2018 06:39 PM
In this paper, Mohamed Zaki and Andy Neely propose a systematic multi-methods using a text-mining approach to capture and analyze customers’ data

Creating a strong customer experience is a strategic priority for organizations. Companies are leveraging new technologies such as mobile applications, social media platforms, virtual reality, drones and the Internet of Things to provide smart services and enable a seamless customer experience. The complexity of using these technologies within an organization’s myriad touchpoints has led to a data explosion across touchpoints in the entire customer journey (Lemon and Verhoef 2016). Most of this customer data is unstructured textual data, which is generated at several touchpoints in the customer journey (McColl-Kennedy et al. 2015). Text-mining techniques relating to traditional sentiment have focused on developing more accurate models but failed to obtain managerial insights by adopting these methods (Fenn and LeHong 2012).

Thus, firms require new data-driven methods that could highlight what really matters in driving customer satisfaction and delivering actionable insights (Lemon 2016; Hartmann et al. 2016). In this chapter, first, we propose systematic multi-methods using a text-mining approach to capture and analyze customers’ data. This is done to enable firms to identify critical pain points from real-time data and provide deeper insights into critical touchpoints in order to reduce friction and improve the customer experience. Second, our approach enables early recognition of nuances in customer sentiment and demonstrates a novel method for analyzing textual data from CRM and social media data. This will allow an organization to monitor the customer experience while cross-referencing internal and external data sources. Third, extracting employee evaluations and the customer–buyer relationship will be demonstrated in an approach that can be used on ‘big data’, building on text-mining methods relating to the customer experience. Finally, we believe this new approach will enable firms to create rich, dynamic, customer-centric models that can provide a deeper understanding of customer behaviour, including subsequent customer responses to organizational attempts to improve the customer experience.

RSS Feed Latest news

Partner Workshop - Ecosystems for Digital Transformation

Aug 15, 2018

Dr Florian Urmetzer and the Alliance Visitor Dominik Moeslein conducted a three-day workshop with CEMEX managers

Mexican Forum for the Business Transformation

Aug 10, 2018

Veronica Martinez was invited as keynote speaker at the Mexican Forum for the Business Transformation.

Blockchain in Customer Service Management

Aug 09, 2018

Caterpillar Presentation of Blockchain Results: Feasibility and Cost Analysis

Through-life engineering services – Adding business value through a common framework – Guide

Jul 24, 2018

This Publicly Available Specification (PAS) offers guidance to leaders of the UK industry that may enable manufacturing and solution providers in all sectors to win business, gain market share, generate revenue, and earn profits from the application of through-life engineering services (TES).

July Paper

Jul 23, 2018

July Paper on 'Coopetition and Business Models' by Chander Velu

View all news

Upcoming events

Industry Day - 3 October 2018

Oct 03, 2018

Moller Centre, Cambridge

Shift to Services Executive Education Programme

Nov 07, 2018

IfM, Cambridge, UK

Ecosystems Strategy One Day Course

Nov 15, 2018

IfM, Cambridge

Upcoming events