On International Literacy Day, we celebrate the ability to read, write, and understand information. In today’s business world, however, literacy means something more: the ability to interpret data, understand behaviour, and turn insight into action.
For customer experience (CX) professionals, this raises an important question: Are we truly listening to what our customers are telling us?
Organizations today have access to vast amounts of customer data. Metrics such as Customer Satisfaction (CSAT), Net Promoter Score (NPS), and retention rates provide valuable indicators of performance. They tell us what is happening.
But they rarely tell us why.
That’s where verbatim feedback comes in.