Lumoa

AUGUST 8, 2023

According to Gartner research, leveraging the data obtained from direct customer feedback can increase the chances of upselling and cross-selling by 15-20%. This shows the tangible, bottom-line benefits of listening to your customers. Prioritize Based on Impact : Not all insights will have the same potential impact on your business.

Customer Feedback 78

Customer Feedback VOC Net Promoter Score NPS 78

SurveySensum

AUGUST 3, 2023

Moreover, its Text Analytics analyzes thousands of gathered feedback in one go and gives your top trends and sentiments to close the loop in time. Whether your objective is to enhance customer experience , satisfaction, loyalty, or business growth, SurveySensum is a go-to solution.

B2B 52

B2B NPS Text Analytics Net Promoter Score 52

SurveySensum

OCTOBER 20, 2023

And product feedback loop not only enhances the products as per customers’ needs but also boosts customer satisfaction and loyalty. Boosting Customer Retention: Maintaining current customers is a vital aspect of business success, as it can be up to 25 times more cost-effective than acquiring new ones.

Close the Loop 52

Close the Loop Social Media Customer Retention Text Analytics 52

SurveySensum

OCTOBER 26, 2023

A high repurchase intention suggests that your product or service has met or exceeded customers’ expectations, leaving them satisfied and eager to continue doing business with your brand. Now, let’s look at the 5 KPIs to measure the satisfaction of the customers. What is the KPI for Measuring Customer Satisfaction?

Customer Satisfaction 52

Customer Satisfaction Net Promoter Score Social Media Customer Loyalty 52

SurveySensum

MARCH 27, 2024

Actively soliciting and responding to customer feedback fosters a sense of trust and loyalty, strengthening the relationship between the brand and its customers. Reducing Churn: According to research by Bain & Company , increasing customer retention rates by just 5% can lead to a 25% to 95% increase in profits.

Customer Feedback 52

Customer Feedback Social Media Touchpoint Text Analytics 52

SurveySensum

JULY 10, 2023

Implementing loyalty programs and rewards for repeat customers. With this, you can invest in your customer service organization to yield substantial benefits, as it plays a crucial role in customer acquisition and customer retention strategies.

Retail 52

Retail Customer Service E-commerce Social Media 52

SurveySensum

DECEMBER 4, 2024

This CX metric has the ability to gauge customer loyalty and predict business growth. Using NPS in finance industry can get to the heart of why customers would or wouldn’t recommend them to others. Gain real-time insights with SurveySensum’s NPS software to drive customer retention and loyalty!

NPS 52

NPS Net Promoter Score Close the Loop Customer Loyalty 52

SurveySensum

JULY 10, 2023

Implementing loyalty programs and rewards for repeat customers. With this, you can invest in your customer service organization to yield substantial benefits, as it plays a crucial role in customer acquisition and customer retention strategies.

Retail 40

Retail Customer Service E-commerce Social Media 40

SurveySensum

JULY 20, 2023

#Painpoint 1: Customer Churn According to a titled “ CallMiner Index ” U.S. billion per year due to customers switching companies for reasons that could have been avoided. Customer churn is bad for any type of business and just like break-ups in real life, it stings. companies lose $136.8 So, what did they do?

Retail 52

Retail Customer Feedback CX Social Media 52

SurveySensum

DECEMBER 2, 2024

Source – Gartner , Confirmit (Now Forsta) Review, Aug 26, 2024 Limitd DIY Customizatione: Just like other platforms, the customization options are quite few with Confirmit. You may find it difficult to customize the surveys or feedback tools how you want them. How Quickly Can You Turn Customer Feedback into Business Growth?

Sentiment Analysis 52

Sentiment Analysis Start-ups AI Customer Feedback 52

SurveySensum

NOVEMBER 25, 2024

For example, it is an ideal choice for businesses with big budgets as it can be expensive for small to medium-scale businesses. Also, the tool is better suited for beginners as it lacks some advanced capabilities, like less advanced text analytics software. Source : G2 , Medallia Review, Mar 03, 2023 3.

Text Analytics 52

Text Analytics NPS Sentiment Analysis Customer Feedback 52