forrester research customer experience

Customer Experience Leaders

Earn devoted loyalty and fuel growth.

As a customer experience (CX) leader, you align your organization around customer value. From the C-suite on down, you advance customer-centricity — evaluating experiences from the customer’s point of view. This approach drives loyalty and growth. But rallying the necessary level of focus and alignment is tough, to say the least. It requires persuasiveness, adaptability, and determination to move the needle and realize your CX vision.

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Challenges We Can Help You Tackle

You aim to justify greater CX investment while demonstrating the value and influence of CX initiatives. It takes continuous effort to master the discipline of customer experience and earn the devoted loyalty of your customers. Forrester helps you face the day-to-day challenges you must overcome to achieve success for your organization.

Leverage Journey Maps To Drive Transformation

How To Use Journey Transformation To Kick-Start A Customer Experience Transformation

Select A Beacon Metric That Works For Everyone

Align Stakeholders On The Right Customer Experience Beacon Metric

Build A Chatbot Customers Love

Unlock The Secret To Designing A Better Chatbot

Hear Forrester VP and principal analyst David Truog share best-practice tips on how to design and continuously improve experiences that increase customer loyalty.

Bold Solutions Fit For You

Forrester empowers customer experience leaders to mature their organization and fuel predictable business growth with experiences intentionally created to drive loyalty across customers’ most meaningful touchpoints.

Deliver Experiences That Fuel Growth

Forrester Decisions for Customer Experience helps leaders strengthen their CX discipline, maximize the ROI of CX improvements, and tie customer experience to business results.

forrester research customer experience

What Our Clients Are Saying

Building a scalable cx team structure with dell.

forrester research customer experience

Discover how the Services organization at Dell designed a scalable CX team structure that’s gone from small to robust.

NRG Shifted Its Culture For Customer Relationship Management

forrester research customer experience

Find out how NRG created a customer-focused culture that strengthened and streamlined customer relationship management.

See more of our client success stories and learn about the ROI your peers have realized through Forrester Decisions.

Upcoming Events For CX Leaders

Cx summit apac.

May 28, 2024, Sydney & Digital

CX Summit North America

June 17-20, 2024, Nashville & Digital

CX Summit EMEA

June 24-26, 2024, London & Digital

Daniel Kahneman Changed How We Think About Consumer Choice And Brand Strategy

“change now” for sustainable and profitable solutions, 50/50: private label is coming for you, balancing personalization & optimization in commerce search, meet a few of our customer experience analysts.

forrester research customer experience

Rich Saunders

Senior Analyst

forrester research customer experience

Kara Hoisington

Principal Consultant

forrester research customer experience

David Truog

VP, Principal Analyst

forrester research customer experience

Judy Weader

Principal Analyst

Get in touch to learn how Forrester can help with your CX challenges.

Help Us Improve

Why Medallia

Learn how partnering with us can transform your business — for both customers and employees.

Success Stories

See results from brands like yours

Enterprise-Grade Platform

Explore all features and benefits

World-Class Service

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AI Leadership

Follow our AI experience innovations

Global Impact

Improve the world beyond your own

Partner Network

Access approved, localized expertise

Medallia Platform

Explore how experiences come together in one powerful platform.

Comprehensive Feedback Capture

Collect every signal for more meaningful data

Administration

Run complex, global programs with self-service

Role-Based Reporting

Close the loop and drive action quickly

AI & Analytics

Uncover essential insights from every interaction

Integrations

Easily share data across systems and teams

Expand your program with flexible pricing

Enterprise-Grade Security

Keep your business data safe and compliant

Customer Experience

End-to-end customer experience management and orchestration

  • Customer Experience Management

Digital Experience

Experience Orchestration

Personalized Messaging

Employee Experience

Employee listening and activation solutions

Employee Listening

Employee Activation

Contact Center

Improve agent engagement and optimize service quality

Conversation Intelligence

Agent Coaching

Quality Management

Intelligent Callback

Market Research

Expert research strategy, design, analytics, and deliverables

Agile Research

Consumer Intelligence

Video Research

Research Strategy & Services

Get guidance from leading experience professionals across a variety of mediums.

Customer Stories

Event Calendar

Medallia Xchange

Whether a tenured Medallia pro or a burgeoning advocate, there’s plenty to learn.

Training & Certification

Medallia User Group

Experience 101

Resource Library

Our team is ready to support you with knowledge, help, and new enhancements.

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Contact Support

exp

Experience 2024

See the exciting new releases from the keynote.

  • Español/Europa
  • Español/América Latina
  • Português/Brasil

Forrester Research: The Business Impact of Customer Experience

To help customer experience management professionals prove the business value of a better enterprise customer experience, Forrester built simple models that show how revenue increases when a company’s Customer Experience Index (CxPi) score goes up. Forrester’s models capture revenue benefits from three sources:

1. Incremental purchases from existing customers in the same year.

2. Revenue saved by lower churn.

3. New sales driven by word of mouth.

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forrester research customer experience

  • Invest in top drivers of CX in customer service and contact center
  • Improve interactions in real-time with journey orchestration
  • Develop critical skills in analytics, journeys, and conversation design
  • Cut spending on redundant technology
  • Leverage unstructured feedback analysis

forrester research customer experience

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The Forrester Wave™: Digital Operations Planning And Analytics, Q4 2023, Shows A New Generation Of Options

Liz Herbert , VP, Principal Analyst

We recently completed The Forrester Wave™: Digital Operations Planning And Analytics, Q4 2023, covering what is also known as enterprise performance management (EPM), financial planning and analytics (FP&A), or extended planning and analytics (xP&A). This is the first time that we’ve updated this Wave since 2016, and a lot has changed!

We see significant interest in this category because there’s an increasing need for sophisticated modeling and planning tools for making critical business decisions with revenue and costs directly in view.

Some of the key themes that we discovered in this research include:

  • Modeling and planning software is moving to the cloud. Many of the vendors we evaluated still have on-premises customers (and some still sell to them actively), but the vast majority of new deployments are now in the cloud, which offers benefits of agility and innovation.
  • AI is center stage. Modeling and planning by definition involve advanced analytics and insights. Thus, this category is making use of AI for more advanced predictions and recommendations.
  • The space still shows a wide variation for complexity and global scale. While the market is full of choices and activity through M&A and private equity investments, we still see a dynamic where only a select few are proven at the most complex of global enterprises.

Want to learn more? Check out the research and how the players stack up here , and please set up a guidance session or inquiry to talk more.

  • Age of the Customer
  • Business Technology (BT)
  • Digital Transformation

forrester research customer experience

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Stay tuned for updates from the Forrester blogs.

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IMAGES

  1. Leader in the Forrester Wave™ CASPs 2019

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  2. Forrester: The Six Disciplines of Customer Experience Maturity #FORRForum

    forrester research customer experience

  3. What it Takes to Deliver a Superior Customer Experience

    forrester research customer experience

  4. Forrester the customer-experience-management-maturity-model

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  5. forrester customer experience maturity model

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  6. Forrester's Best Practices Framework for Customer Service

    forrester research customer experience

VIDEO

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  3. The Service Industries Journal: Cutting Edge Doctoral Research Stream

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  5. FeedbackNow by Forrester

  6. Forrester Channel Trends Part 3

COMMENTS

  1. Forrester Customer Experience Research, Consulting, Events, And More

    Forrester Decisions for Customer Experience is tailored to help you succeed at your most pressing priorities: Establish, fund, and scale the CX function. Gather and analyze data for customer insights. Embed customer insights into the business. Design experiences that drive loyalty. Enable CX with technology. Measure CX performance and prove ROI.

  2. Customer Experience

    From the C-suite on down, you advance customer-centricity — evaluating experiences from the customer's point of view. This approach drives loyalty and growth. But rallying the necessary level of focus and alignment is tough, to say the least. It requires persuasiveness, adaptability, and determination to move the needle and realize your CX ...

  3. Gain Insights That Accelerate Growth With Forrester Research

    We know that customer obsession is the best path to revenue growth, profitability growth, customer retention, and employee engagement. Each Forrester Decisions service includes signature customer obsession research along with tools to make customer obsession a reality at your organization. Built for you. Each of the Forrester Decisions services ...

  4. Forrester's US 2021 Customer Experience Index Shows Companies That

    CAMBRIDGE, Mass., June 2, 2021 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) US 2021 Customer Experience Index (CX Index™) rankings, 21% of brands saw a significant score increase compared to 2020. The pandemic forced brands across industries to change their approach to customer experience suddenly. As the coronavirus crisis worsened, brands responded to evolving customer needs ...

  5. Forrester Research Uncovers Big Changes In Customer Experience ...

    The company or brand that crosses that breeches their customer's trust should be prepared to lose the customer. Forrester is predicting that companies (20% in Europe and 10% in the U.S.) will ...

  6. Forrester's US 2022 Customer Experience Index: Nearly 20% Of Brands See

    Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world.We help leaders across technology, marketing, customer experience, product, and sales functions use ...

  7. Introducing the Forrester Planning Guide 2024: Customer Experience

    In a rapidly changing business landscape, the pulse of successful customer experience (CX) management beats in sync with cutting-edge strategies and adaptive planning. The Forrester Planning Guide highlights the crucial insights that will empower CX leaders to steer their organizations toward a thriving future. Navigating the turbulent waters ...

  8. Forrester

    Forrester is one of the most influential research and advisory firms in the world. We help leaders across technology, customer experience, digital, marketing, sales, and product functions use ...

  9. Forrester's US 2022 Customer Experience Index: Nearly 20% Of Brands See

    Brands' lack of customer focus reverses CX momentum gained during the pandemic. NASHVILLE, Tenn. and CAMBRIDGE, Mass., June 6, 2022 /PRNewswire/ -- According to Forrester's (Nasdaq: FORR) US 2022 Customer Experience Index (CX Index™) rankings, CX quality fell for 19% of brands in 2022 — the highest proportion of brands to drop in one year since the inception of the survey.

  10. Forrester: The Six Disciplines of Customer Experience Maturity #FORRForum

    From the Forrester Research report, "The Path to Customer Experience Maturity" Not so long ago, many companies never heard of the term "customer experience." Now, it's as commonly discussed ...

  11. Maximizing Revenue Through Customer Experience

    • According to Forrester research (via Retail Customer Experience), brands that do best with CX bring in 5.7 times more revenue than their counterparts who lag in this area.

  12. Forrester Research: The Business Impact of Customer Experience

    To help customer experience management professionals prove the business value of a better enterprise customer experience, Forrester built simple models that show how revenue increases when a company's Customer Experience Index (CxPi) score goes up. Forrester's models capture revenue benefits from three sources: 1.

  13. PDF New Insights Into Employee And Customer Experiences

    Contributing Research: Forrester's Future Of Work research group Conclusion Market dynamics necessitate product and service evolution, but it's experience that distinguishes offerings and yields growth. In our survey of 161 CX and EX decision-makers in the US, we found that: • Leaders prioritize customer experience and customer engagement

  14. CX Leaders At Delta Dental Are Change Leaders

    Years later, my first customer experience (CX) job called for candidates who could "think big and act accordingly." ... In addition to best-practice research and tools, Forrester VIP clients have access to case studies, peer discussions, and exclusive networking at our upcoming Executive Leadership Exchange at CX Summit North America.

  15. NICE

    According to Forrester research, 64% of CX leaders expect to have larger budgets in 2024 for CX initiatives. ... The report, titled "Forrester Planning Guide 2024: Customer Experience," recommends investing to drive customer-focused action that supports an organization's goals to turn around declining CX quality. For example, leaders should ...

  16. Preview Forrester Wave: Digital Operations Planning And Analytics

    Some of the key themes that we discovered in this research include: Modeling and planning software is moving to the cloud. Many of the vendors we evaluated still have on-premises customers (and some still sell to them actively), but the vast majority of new deployments are now in the cloud, which offers benefits of agility and innovation.

  17. 5 Necessities for a Successful Customer Advisory Board Program

    View all 3. Proper Resources. Robust customer advisory boards need the proper resources in place from the start in order to ensure success. This includes the necessary personnel: in addition to a ...

  18. How To Overcome GenAI Consumer Backlash

    Like #KateGate, AI distrust is the default, and consumers are ready to call out companies that misstep — with extreme cases such as the Willy Wonka experience in the UK that devolved into a Fyre ...