Discover the customer service metrics that matter most for driving customer loyalty, improving experiences and reducing cost to serve.
Discover the customer service metrics that matter most for driving customer loyalty, improving experiences and reducing cost to serve.
As customer expectations evolve and organizations increasingly look to service teams to balance customer experience with operational efficiency, leaders are under pressure to revisit how they measure success.
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As business models and priorities evolve, and with ever-increasing pressure on service and support functions to reap the cost-efficiency and CX benefits AI offers, service and support leaders know they must reevaluate their metrics to better communicate functional value.
We recommend that leaders develop a hierarchy of metrics to demonstrate the contribution of service and support to broader enterprise goals. Start by articulating the function’s business objectives and how they support enterprise goals, then build a cascade of metrics that demonstrate and drive service and support success against these objectives. While we recommend every leader undertake their own metrics reevaluation to take their brand positioning, channel portfolio, organizational structure, current maturity, etc., into account, eight metrics should feature in most organizations’ metrics hierarchies (see Figure 1). This is because they support the two most common functional objectives of service and support leaders: driving growth through loyalty/ disloyalty mitigation and reducing cost to serve.
Often, however, these measures are either not measured at all, misprioritized in leaders’ metrics hierarchies or calculated inaccurately, diminishing their power and the associated CX and cost improvement opportunities. This insights report sets out how these eight metrics should be used within a service and support metrics hierarchy, the common challenges that prevent them from reaching maximum utility and follow-on deep-dive insights on each measure.
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