Opinions expressed by Entrepreneur contributors are their own.
Listen to this post
Key Takeaways The economics of the customer relationship have already moved in a direction that makes the old customer experience model structurally inadequate.
Customer experience should be treated as a revenue function, not a cost center, because every customer interaction carries more financial weight than it did 10 years ago.
The infrastructure needed to run CX as a revenue function now exists, thanks to AI. It can identify churn risk, provide agents with full context, route high-value cases and continuously analyze its impact.
The businesses seeing the greatest ROI from CX made a decision, somewhere in the last few years, that CX would be accountable for customer outcomes rather than operational activity.
For most of the last two decades, the conversation about customer experience (CX) in the boardroom followed a predictable arc. Efficiency was always the theme: Where are we on volume and headcount? What do the cost-per-contact numbers look like? And the ultimate question: How do we handle more with less?
That framing made sense for a world where CX was a cost center by design. The function existed to absorb customer problems and close them efficiently. Success meant fewer escalations, shorter handle times and a deflection rate that trended upward every quarter. The teams who ran these operations were good at it. They optimized hard for exactly what they were asked to optimize.
The problem is that the business changed underneath that model, and many companies have not updated their operating assumptions accordingly.
The shift has already happened
... continue reading