Gongos Launches First-of-its-Kind Subscription Service Linking Revenue Growth To Customer Performance Indicators (CPIs)

New Patent-Pending Model Demonstrates that Leading Brands are Leaving Billions in Revenue on the Table

Gongos, Inc. a consultative agency focused on operationalizing customer centricity, today launches its Value Exchange (Vex) Reports and Advisory Services, the result of new data and analyses conducted across 154 global brands. As basis for the offering, the company makes official its Value Exchange Model, a patent-pending system of predictive, prescriptive, and diagnostic models that enables corporations to convert aspirations of customer centricity into top-line profitability and growth.

Marketing Technology News: beaconsmind AG Announces It Will Implement Its Solution for Roberto Cavalli, the Haute Couture…

As demonstrated through a quantifiable link between Customer Performance Indicators (CPIs) and business outcomes (KPIs), on average, brands are delivering only 22% of the potential value they could deliver to their customers via CPIs, and receiving only 33% of the potential Customer Lifetime Value as a result.

The Value Exchange Model leverages a set of 14 universal CPIs to calculate their relationship to revenue growth as illustrated by a brand’s Vex Curve™. The curve represents gains and losses that can be realized in Customer Lifetime Value based on performance across CPIs. The CPIs, which embody customers’ functional, emotional, and social goals, were vetted by Gongos in 2020 validation research that also predicted Customer Lifetime Value at a 90%+ accuracy rate.

“The Value Exchange Model provides executives with the confidence to quite literally link their performance on customer goals with specific business outcomes to facilitate top-line revenue growth,” said Camille Nicita, president & CEO of Gongos. “But to realize gains, decision makers must be intentional about the customer-centric levers they pull to positively impact KPIs.”

Marketing Technology News: MarTech Interview with Phil Lore, Chief Revenue Officer at Affinity Solutions

“Companies have long relied on customer-oriented Key Performance Indicators (KPIs) such as Net Promoter Score (NPS) and Customer Satisfaction (CSAT),” adds David Robbins, Vice President, Client Consulting, Gongos. “But what these KPIs lack are a focus on what customers truly value as they choose to continue to purchase a product or service, be it fast food, a vehicle, or a streaming service. Data show that achieving CPI performance enhances KPIs such as NPS.”

Upon subscribing to the Vex suite of services, decision makers will receive a custom analyzed brand report and gain access to the brand-level data from the 154 companies within the syndicate.

The Vex services include dedicated hours of analytics and advisory services to further help companies identify customer-centered strategies to drive quantifiable growth through increased customer acquisition, retention, and spend.

The 2021 syndicate comprises brands across five categories: digital services, direct-to-consumer, eCommerce, sharing economy, and top-performing B2C brands

Marketing Technology News: MarTech Interview with Steve Warren, CEO at Mapp Digital

Brought to you by
For Sales, write to: contact@martechseries.com
Copyright © 2024 MarTech Series. All Rights Reserved.Privacy Policy
To repurpose or use any of the content or material on this and our sister sites, explicit written permission needs to be sought.