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Home > Forrester's CX Cast > 18: Customer Advocacy Drives Customer Loyalty
Podcast: Forrester's CX Cast
Episode:

18: Customer Advocacy Drives Customer Loyalty
Category: Business
Duration: 00:20:03
Publish Date: 2015-07-02 11:00:00
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In 2003, Forrester undertook research examining how customer advocacy — the perception by customers that a firm does what's best for them, not just what's best for the firm's own bottom line — impacts customer relationships in financial services. Now, over 10 years later, we continue to find customer advocacy is a key driver of future purchase intent for customers of retail banks, brokerages, credit card issuers, and insurance firms. In episode 18 of CX Cast, we speak with VP and Principal Analyst Bill Doyle about which firms rate high in customer advocacy, which firms rate low, and how one firm turned its business around by focusing on this important customer perception. Forrester clients  can read more detail about our annual customer advocacy benchmark in Customer Advocacy 2014: How US Consumers Rate Their Financial Institutions.
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