The Delighted Customers Podcast with Mark Slatin

#100: Watermark’s CX ROI Study: Proving Its Value to Executives and Skeptics


Listen Later

Jon Picoult, bestselling author and CX thought leader was my first guest in 2022 when The Delighted Customers Podcast launched. He was gracious enough to come back for episode 100 to talk about his His landmark study on the ROI of customer experience is one of the most widely cited pieces of research in the industry.

Jon sheds light on the groundbreaking CX ROI study he initiated, which highlights the tangible and economic benefits of a great customer experience. We'll explore the challenges CX leaders face, particularly in getting executive buy-in, and how Jon's research demonstrates the outperformance of top-rated CX companies versus their lagging counterparts, even amid the pandemic's impact.

If you’re a CX practitioner, you should have this study in your toolkit and understand the trends over the 16 years of research. Spoiler alert - CX leaders outperformed laggards by 5.4x over 16 years!

In this episode:

  • What’s the purpose and methodology of the CX ROI study?
  • What makes it different from other studies?
  • How can CX leaders use it to make the business case for CX?
  • What are the DO’s and DON’T of applying the findings?
  • How should business leaders approach the use of AI when it comes to CX strategies

-----------------------

Show Notes:

Meet Jon

Jon’s insights have been featured by dozens of media outlets, including The Wall Street Journal, The New York Times, Harvard Business Review, Fortune and Forbes. His landmark study on the ROI of customer experience is one of the most widely cited pieces of research in the industry, referenced by firms such as McKinsey, Deloitte, Accenture, Forrester, SAP, and Oracle.

Jon is also the author of the Amazon bestseller, “From Impressed to Obsessed: 12 Principles for Turning Customers and Employees into Lifelong Fans,” which was featured in The Wall Street Journal as a top reading pick, and has also earned praise from business luminaries such as Horst Schulze (co-founder of Ritz-Carlton Hotels), Hubert Joly (former CEO of Best Buy), and Marshall Goldsmith (world-renowned executive coach).

Prior to establishing Watermark, Jon held senior executive roles at Fortune 100 firms – leading service, operations, distribution, technology, sales and marketing. Early in his career, at the age of 29, Jon earned the distinction of becoming the youngest executive officer in the over 150-year history of a leading global financial services company.

Jon received his bachelor’s degree in cognitive science from Princeton University and his M.B.A. in general management from Duke University.

  • Watermark’s Customer Experience ROI Study:  www.watermarkconsult.net/cx-roi
  • Watermark’s Website:  www.watermarkconsult.net
  • Jon Picoult’s Speaker Website:  www.jonpicoult.com

Books: https://www.amazon.com/Impressed-Obsessed-Principles-Customers-Employees/dp/126425878X

...more
View all episodesView all episodes
Download on the App Store

The Delighted Customers Podcast with Mark SlatinBy Mark Slatin | The Agile Brand

  • 5
  • 5
  • 5
  • 5
  • 5

5

28 ratings


More shows like The Delighted Customers Podcast with Mark Slatin

View all
HBR IdeaCast by Harvard Business Review

HBR IdeaCast

197 Listeners

The Best of Car Talk by NPR

The Best of Car Talk

16,528 Listeners

Stuff You Should Know by iHeartPodcasts

Stuff You Should Know

77,665 Listeners

The Look & Sound of Leadership by Essential Communications - Tom Henschel

The Look & Sound of Leadership

1,161 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

32,071 Listeners

Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,466 Listeners

The Learning Leader Show With Ryan Hawk by Ryan Hawk

The Learning Leader Show With Ryan Hawk

1,293 Listeners

Pivot by New York Magazine

Pivot

9,243 Listeners

How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,264 Listeners

The Agile Brand with Greg Kihlström®: Expert Mode Marketing Technology, AI, & CX by The Agile Brand

The Agile Brand with Greg Kihlström®: Expert Mode Marketing Technology, AI, & CX

108 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

5,958 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,200 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,185 Listeners

Coaching Real Leaders by Harvard Business Review / Muriel Wilkins

Coaching Real Leaders

648 Listeners

Doing Customer Experience Right‬ with Stacy Sherman by Doing CX Right®‬

Doing Customer Experience Right‬ with Stacy Sherman

53 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

156 Listeners

The Innovation Economy with Arlington Economic Development by The Agile Brand

The Innovation Economy with Arlington Economic Development

25 Listeners

B2B Agility with Greg Kihlström™: MarTech, E-Commerce, & Customer Success by The Agile Brand

B2B Agility with Greg Kihlström™: MarTech, E-Commerce, & Customer Success

36 Listeners

The Composable Roadmap with Chad Solomonson by The Agile Brand

The Composable Roadmap with Chad Solomonson

22 Listeners