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The Importance of Customer Experience (CX) in Today's Era
In an era of increasingly intense business competition, creating good customer experiences for your brand isn’t just about attracting consumers initially—it’s about maintaining strong and sustainable long-term relationships. CX encompasses all experiences customers have when interacting with your brand, from the initial touchpoint to after-sales service.
Customer loyalty stems from the connection customers feel with your brand, making them think of your brand first when making purchases. Loyal customers typically generate the highest profits for a company since they tend to spend more than new customers and may recommend your brand to others. Various Marketing Agencies therefore prioritize understanding what CX is and how to develop it.
Research has found that:
- 34% of customers who rate a company as delivering good experiences are likely to make additional purchases
- 37% of customers are likely to recommend and refer the company to people close to them
- Companies that prioritize creating good customer experiences can drive sales growth 4-8% higher than companies that don’t focus on this area
- Companies that lead in creating excellent customer experiences grow 80% more than companies that haven’t addressed this area
10 Leading Customer Experience Consulting Companies
1. Cipher: Comprehensive Digital Marketing and CX
Cipher is a comprehensive Digital Marketing Agency in Thailand specializing in elevating customer experiences through digital technology. They focus on creating data-driven strategies to develop seamless customer experiences.
In an era of rapidly changing technology, businesses are seeking effective ways to create customer satisfaction. Cipher offers solutions that help elevate customer service through AI technology and various digital tools.
Cipher’s core services include:
- Customer Experience analysis and strategy through Marketing Mix services
- AI Chatbot development to enhance customer service
- Design and development of seamless Customer Journeys
- Customer data analysis to create personalized experiences
2. Renascence CX: Consumer Behavior Specialists
Renascence CX stands out with its tailored approach to customer experience consulting, working closely with each client to create solutions that address specific target audiences. They deliver truly human-centered customer experiences and are the only customer experience consulting company that has developed a behavioral economics toolkit studying unconscious behavior patterns to develop CX journeys, solutions, and digital transformations.
Renascence CX’s core services include:
- Comprehensive customized CX strategies
- Extensive service design
- Voice of the Customer (VoC) programs
- Behavioral data integration
3. Watermark Consulting: Customer and Employee Experience Experts
Watermark Consulting leads in developing both customer and employee experiences, recognizing the crucial connection between engaged employees and delivering excellent customer experiences.
Watermark Consulting’s core services include:
- Holistic CX improvement
- Focus on employee engagement
- CX tracking and measurement
4. IBM Consulting: Using Technology for Superior CX
IBM Consulting combines cutting-edge technology to create a CX framework that is forward-thinking and digitally enhanced, helping clients excel in customer engagement.
IBM Consulting’s core services include:
- End-to-end capabilities
- Strategic technology partnerships
- AI-driven insights
5. Bain & Company: Driving Growth Through Customer Loyalty
Bain & Company focuses on customer loyalty as the key to sustainable business growth, offering proven methods for creating customer satisfaction to increase retention and satisfaction.
Bain & Company’s core services include:
- Expertise in Net Promoter System® (NPS)
- Customer-centered transformation
- Loyalty program design
6. McKinsey & Company: Data-Driven CX Strategies
McKinsey & Company uses advanced data analytics to create CX strategies that deliver measurable business results and help clients maintain competitive advantages. They are another world-class customer experience consulting company.
McKinsey & Company’s core services include:
- Advanced analytics and insights
- Comprehensive CX solutions
- Customer segmentation and personalization
7. Boston Consulting Group (BCG): Customer Journey Innovation
BCG is known for reimagining customer journeys, helping brands deliver innovative and personalized experiences that resonate with today’s consumers.
BCG’s core services include:
- Customer journey mapping and improvement
- Digital transformation
- Behavioral design
8. Deloitte Digital: Blending Technology and Creativity
Deloitte Digital is renowned for its ability to blend technology and creativity, offering digital experiences that connect with customers on a deeper level. They are a Marketing Agency focused on creating comprehensive customer experiences.
Deloitte Digital’s core services include:
- Comprehensive digital solutions
- Creative engagement strategies
- Customer analytics
9. Ethos Farm: Elevating Frontline Customer Service
Ethos Farm specializes in elevating customer service by focusing on training and developing frontline employees, recognizing that these staff have a direct impact on customer experiences.
Ethos Farm’s core services include:
- Customized training programs
- Strategic consulting services
- Employee engagement initiatives
10. Zendesk: Comprehensive Customer Service Platform
Zendesk is a leader in providing CRM software for customer service. According to a survey of over 4,500 CX leaders worldwide, Generative AI will help deliver service that feels human, interacting with customers more naturally and in a friendlier manner.
Zendesk’s core services include:
- Professional services that accelerate business success
- Tailored approaches to business and customer service goals
- Collaboration with experts to find effective solutions
AI and Elevating Customer Experience
What is AI Customer Experience?
7 Ways AI Helps Elevate Customer Experience
Customer experience consulting companies can implement AI technology to elevate customer experiences through the following methods:
- Displaying digital advertisements relevant to individual customers
Machine learning helps businesses determine whether individual customers are likely to click on advertisements based on online behavior, profiling, and customer segmentation. Efficient social media marketing management is therefore essential. - Driving personalized searches AI helps customers find products that meet their needs and improves the online shopping experience. 80% of customers are more likely to buy from brands that offer personalized experiences.
- Helping customers find products at the best prices AI helps customers find the best product prices, ensuring they get appropriate and optimal prices using intelligent prediction systems to calculate price fluctuations.
- Providing immediate answers to customers AI Chatbots can connect with messaging apps like Line or Facebook Messenger, significantly reducing customer wait times, which is one of the effective ways to create customer satisfaction.
- Predicting and preventing potential problems Businesses implement AI for proactive customer service, allowing companies to predict and solve problems before customers even realize they exist.
- Allowing customers to contact and receive help anytime through all channels Today’s customers expect service across multiple channels. Implementing AI enables businesses to expand services to more channels, including email, chat, voice, and SMS. Managing social media is therefore an important part of CX.
- Reducing complications in product returns For retail businesses, returns are a major issue for online shopping, with 30% of online purchases being returned. AI helps predict returns based on user behavior and recommends better alternatives.
Customer Experience Trends Businesses Should Know
As advancements in AI, data analytics, and new technologies have elevated standards in creating customer experiences (Intelligent CX), this change presents both challenges and opportunities. With smart planning, you can generate tremendous returns.
Case studies from leading companies that have successfully elevated Customer Experience:
Case Study 1: DYSON Elevates Service Through Video Calls
Dyson faced issues with after-sales service times lasting up to 7 days, negatively impacting customer experience. They recognized the need to improve customer service methods and implemented video calls for consultation, helping solve initial problems, providing usage guidance, and reducing unnecessary product repairs.
The result was a reduction in after-sales service time from 7 days to just 7 minutes, demonstrating a significant improvement in service efficiency. This is a good example of how to create customer satisfaction using technology.
Case Study 2: McDonald's China Enhances Customer Service Through Digital Transformation
McDonald’s China had a vision for Digital Transformation to elevate business operations, with the goal of connecting data from various systems via API to support AI in customer service.
One initiative was implementing digital technology for customer service to optimize their customer service center, linking data from more than 40 internal systems to make customer service more efficient, with the goal of creating an intelligent customer service center platform.
The result: McDonald’s can receive feedback from multiple channels, use AI Chatbot and Voice Bot to improve customer service processing efficiency, allowing customer service orders to be processed quickly.
Case Study 3: Starbucks China Increases Personnel Support Efficiency with AI Systems
Starbucks recognized that customers receive good service when there are good support systems for staff. Starbucks China experienced issues with supporting personnel in the organization.
The main problems found were:
- Storage of information or knowledge that personnel need to access
- Access to business training and coffee knowledge
- Limited HR staff handling numerous tasks
- Complex daily operational procedures
Core Services Offered by CX Consulting Companies
1. Customer Experience Analysis and Strategy
- Analysis of current Customer Journeys
- Identification of key touchpoints in the customer journey
- Development of CX strategies aligned with business goals
- Consultation for holistic customer experience improvement
2. CX Technology and Solution Development
- AI Chatbot development for automated customer inquiries
- Implementation of multi-channel systems for convenient customer contact
- Development of comprehensive customer data platforms
- CRM system integration to track customer behavior
3. Personnel Training and Development
- Training employees in excellent customer service
- Developing problem-solving and complaint management skills
- Creating a customer-centric organizational culture
- Developing Customer Experience leaders who create impressions at every customer touchpoint
4. Continuous Measurement and Improvement
- Establishing Customer Experience metrics
- Developing customer satisfaction monitoring systems
- Collecting Voice of Customer data
- Analyzing data to improve customer experiences
5. Special Services Offered by Cipher
- Developing Digital Marketing strategies integrated with CX, a strength of Digital Marketing Agencies in Thailand
- Developing SEO content that meets customer needs
- Designing seamless digital experiences
- Analyzing customer behavior data to create profiles
- Creating customer satisfaction through specialized AI Chatbot development for various industries