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From Data to Dollars: How European Giants Use CX Analytics to Save Millions

How European Giants Use CX Analytics to Save Millions

Savings by the millions and it’s all in your data. And we looked at the European market for insights. European business giants are leveraging CX analytics to reduce costs, prevent churn, and increase profitability. Through predictive analytics, AI-powered solutions, and personalized journeys, companies like Santander, Vodafone, H&M, and IKEA are setting the gold standard for using customer data to unlock sustainable growth.

1

Predicting Customer Churn Saves Millions

Churn—when customers stop doing business with a brand—is one of the biggest challenges for any company. However, predictive analytics is empowering businesses to reduce churn rates by 20-30%, saving millions in potential lost revenue.

Santander has mastered this by using customer behavior data to predict when clients are at risk of leaving. By offering personalized retention strategies—such as tailored offers or proactive communication—they cut churn-related losses and strengthen customer loyalty. These early interventions help the bank retain customers and reduce costly switching behaviors.

2

AI Chatbots Improve CX and Cut Costs

Customer service done wrong can be costly. That’s where AI-powered chatbots come into play. With the ability to handle up to 80% of common queries, chatbots reduce service costs by 40%, allowing companies to invest more in other areas.

Vodafone is a prime example. It uses AI to automate customer support, speeding up response times and significantly lowering operational costs. By shifting routine inquiries to chatbots, Vodafone ensures that human agents focus on more complex issues, resulting in a smoother customer experience at a fraction of the cost.

3

Personalized Retail Experiences Drive Loyalty

Personalized customer journeys are a key driver of engagement and revenue. Tailored CX campaigns can increase customer lifetime value by 20-40% while cutting marketing waste by 15-20%.

H&M leverages purchase history and behavioral data to customize promotions for individual shoppers. By offering products and deals that align with personal preferences, H&M keeps customers engaged, reducing the likelihood of churn and increasing brand loyalty.

4

Optimizing Customer Journeys Reduces Support Costs

Companies that map customer journeys with data-driven insights can resolve 60% of friction points, resulting in reduced support costs and improved Net Promoter Scores (NPS).

IKEA exemplifies this approach by using journey analytics to streamline both online and in-store experiences. With fewer obstacles during the purchasing process, customers are less likely to encounter post-purchase issues, reducing the need for costly support interventions.

CX Analytics as a Growth Engine

From personalized offers to automated support, CX analytics transforms how companies engage with their customers while generating significant savings. By turning data into actionable insights, European giants like Santander, Vodafone, H&M, and IKEA not only delight their customers but also ensure sustainable business growth.

When businesses use data wisely, they don’t just create better experiences—they drive profitability, customer loyalty, and long-term growth. CX analytics isn’t just about delivering value to customers—it’s about turning data into dollars.

How European Giants Use CX Analytics to Save Millions

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