CX Perspectives
Why Millennial Investors are Abandoning You
It’s time to talk about the Millennial investor, a critical market for financial services firms in the next five years. For the past decade, the media talked about the impact of Millennials in the workforce, changing purchasing behaviors, and culture shifts. What we don’t see…
Why No One is Collecting Authentic Customer Feedback
Businesses need customer feedback collection to thrive in a competitive market. Everyone thinks they are collecting and acting on customer feedback, yet 80% of US companies failed to increase customer satisfaction since 2010. And customer retention rates are plunging. So, despite what many companies think,…
How to Solve the 2025 Customer Retention Problem
It’s 2025, and businesses across sectors have a customer retention problem. U.S. companies alone lose an estimated $168 billion annually due to customer attrition, as revealed in a CallMiner whitepaper. Well after the pandemic’s immediate impacts on consumer behavior, customer retention remains a critical challenge…
Airports of the Future: Trends and Innovations
Every year since we founded The Petrova Experience, we write about travel around the holiday season. It has become something of a tradition for us. This year, I will not start by updating you on 2024 holiday season travel numbers. Or how current volume stacks…
Macy’s Retail Experience Risk: The Billion Dollar Lesson
With the holiday season fast approaching, it is a smart time to seek lessons from retail customer experience leaders and laggards. At the root of those lessons is the importance of honoring customer promises and creating a holistic experience across your business (whether retail or…
Guest Experience: Fusion of Hospitality and Brand Connection through Design
For a customer experience consultant who designs guest experience, and a lover of the customer experience discipline, visiting a new-to-me hotel can go one of two ways. Sometimes, I am struck by CX Fails that disrupt my experience. Other times, I am amazed by the…
