- The document is a summary of a market research report on customer experience management (CEM) programs.
- It finds that while 95% of businesses see CEM as important, only 57% have comprehensive CEM programs in place.
- Those with CEM programs see benefits like increased customer satisfaction, loyalty, and profits. However, 84% of those without programs face barriers, mainly different departments owning parts of the customer experience.
- It also shows gaps between what businesses can offer customers automatically through technology, versus rising customer expectations in areas like personalized service across channels.