InteractionMetrics

MARCH 27, 2025

What Is Customer Retention and Why Does It Matter? Customer retention might sound like fancy business jargon, but really, it’s just the art of keeping your customers happy enough that they stick around. Thats customer retention at workusing incentives and positive experiences to keep you coming back.

Customer Retention 52

Customer Retention Net Promoter Score NPS Predictive Analytics 52

SurveySensum

OCTOBER 17, 2024

73% of consumers across the globe expect companies to understand their unique expectations and needs — Customer Feedback Analytics is the key to it! This is where customer feedback analytics solutions come in. It helps you decode the true potential of customer data and open up new growth avenues.

Customer Feedback 52

Customer Feedback Text Analytics Social Media Artificial Intelligence 52

Help Scout

MAY 12, 2021

In this article, we discuss the role of support teams in retaining customers and show how to combine high-quality, empathetic customer service with a deliberate focus on business growth. What is customer retention and how is it measured? Review “lost customer” feedback. Your sales team.

Customer Retention 117

Customer Retention Finance Customer Service Business Growth 117

Totango

AUGUST 16, 2022

Customer Retention Software Cuts Down Client Churn. Customer retention software has become essential for effective SaaS customer success strategies. A winning SaaS business model must prioritize retaining customers, which is far more cost-efficient than acquiring new clients to offset churn.

Customer Retention 106

Customer Retention CRM Customer Relationship Management Customer Loyalty 106

Adrian Swinscoe

JULY 4, 2024

It’s pretty safe to say that most businesses ask their customers for feedback these days. But, there are […] The post Now there is no excuse for not closing the loop on customer feedback first appeared on Adrian Swinscoe. Most would agree that is a good thing.

Close the Loop 147

Close the Loop Customer Feedback Artificial Intelligence Customer Retention 147

CommBox

APRIL 5, 2022

For a business to be profitable, it is important to be able to attract customers. But it won’t matter if you don’t use customer retention techniques. Why is Customer Retention Important? Customers are the most important thing for any business entrepreneur, especially permanent ones. Conclusion.

Customer Retention 105

Customer Retention Omnichannel Customer Loyalty Retail 105

eglobalis

OCTOBER 1, 2024

For example, Sales can provide insights on customer feedback directly to Marketing, allowing for more targeted campaigns. Each team is aligned to improve customer satisfaction, and no department is left behind.

CX 443

CX Finance Customer Journey Map Innovation 443

C3Centricity

NOVEMBER 26, 2024

A recent study by McKinsey found that 87% of companies leveraging advanced customer analytics outperform their competitors in customer retention and engagement ( McKinsey ). Monzo’s commitment to customer-led innovation sets it apart in a competitive landscape.

Innovation 116

Innovation Customer Retention Customer Feedback Actionable Insights 116

C3Centricity

AUGUST 1, 2023

Customer retention is essential for the long-term success of any business. We all know that happy customers are more likely to make […] The post The Customer Retention Goldmine: How to Keep Customers Happy and Drive Exponential Growth first appeared on c3centricity.

Customer Retention 118

Customer Retention Customer Relationship Customer Feedback Customer Loyalty 118

ECXO

MARCH 15, 2024

How to Avoid the Sins Poor customer retention: Often, this pitfall is a result of not listening to customers. When customers feel unheard or undervalued, they are likely to take their business elsewhere. Actively seeking and acting on customer feedback can significantly improve customer retention.

Customer Experience 290

Customer Experience VOC Net Promoter Score Innovation 290

eglobalis

MARCH 30, 2025

Real-world outcomes from comprehensive VoC programs include higher customer retention and satisfaction, precisely because issues are caught and addressed faster. In recent years, SAP has been phasing out over-reliance on NPS in favor of a dynamic customer feedback system. appeared first on Eglobalis.

AI 320

AI CX Sentiment Analysis Predictive Analytics 320

eglobalis

SEPTEMBER 5, 2024

Service/Product Adoption Rate Tracks the percentage of customers actively using key features or the product overall. How it complements CX : Successful adoption depends on effective onboarding and usability, illuminated by CX metrics through customer feedback.

Net Promoter Score 422

Net Promoter Score CX NPS VOC 422

Totango

JANUARY 26, 2021

Read on to learn what churn is, how an attrition analysis can help you pinpoint why you’re losing customers, and what steps you can take to prevent customer churn. What Is Churn Rate and How Does It Relate to Customer Retention? Staying alert to negative customer feedback.

Customer Retention 94

Customer Retention Customer Expectations Start-ups Sales 94

eglobalis

JUNE 27, 2024

Conduct comprehensive research to understand the full scope of the customer journey. This involves gathering data from multiple sources such as customer feedback, social media interactions, sales data, and direct customer interviews. Companies like HSBC in Europe and Toyota in APAC excel in this area.

Customer Experience 453

Customer Experience VOC Net Promoter Score Government 453

Zendesk

APRIL 5, 2022

It’s now more important than ever for support teams to track customer retention metrics. You want to ensure you’re putting your best customer service foot forward so buyers continue doing business with you. We surveyed top SaaS support teams to identify the most important customer retention metrics to measure.

Customer Retention 98

Customer Retention Net Promoter Score NPS Retail 98

Experience Investigators

NOVEMBER 7, 2023

If a customer tries a new brand that fails to deliver on their needs—especially during the earliest interactions—they have little reason to support it. And this is about more than just customer service. That’s why the most successful companies prioritize customer retention and loyalty alongside acquisition.

Customer Retention 98

Customer Retention Social Media Customer Loyalty Start-ups 98

ECXO

APRIL 18, 2024

The product development team, once indifferent to customer feedback, started to pay more attention to it. They sought Jose’s help in understanding customer pain points and used that insight to improve their products. They even invited him to their meetings, valuing his perspective as the voice of the customer.

Customer Experience 314

Customer Experience Start-ups Customer Feedback Sales 314

ECXO

JULY 29, 2024

Conduct comprehensive research to understand the full scope of the customer journey. This involves gathering data from multiple sources such as customer feedback, social media interactions, sales data, and direct customer interviews. Companies like Barclays in Europe and Honda in APAC excel in this area.

Customer Experience 380

Customer Experience Net Promoter Score VOC Government 380

Totango

FEBRUARY 10, 2021

A customer success strategy is a proactive plan for guiding your clients to outcomes that satisfy their needs. When your customers enjoy more value, your product adoption rates rise and customer retention rates go up. This promotes success for your company as well as your customers. Incorporate customer feedback.

Customer Retention 90

Customer Retention Customer Journey Map Net Promoter Score Scorecard 90

Zendesk

MARCH 31, 2021

Customer feedback is an important part of any business relationship. That’s why collecting customer feedback should be central to any customer experience (CX) operation. What is customer feedback? Why is customer feedback important? Types of customer feedback.

Customer Feedback 95

Customer Feedback VOC Social Media Net Promoter Score 95

Intercom, Inc.

APRIL 21, 2020

Have you tried talking to your customers? Knowing your customers was a core part of Intercom’s DNA from the very beginning, as this early post by our co-founder and Chief Strategy Officer, Des Traynor, demonstrates. Done well, it’s a model that gives anyone at your company an immediate understanding of your customers.”.

Customer Feedback 186

Customer Feedback Transportation Actionable Insights Customer Retention 186

Retently

FEBRUARY 9, 2024

Creating an insightful customer feedback questionnaire can seem daunting. Dive into the steps for effective questionnaire design, crucial areas for feedback, and tactics for maximizing the valuable data you collect without the fluff. What questions do you include to not only garner responses but also drive your business forward?

Customer Feedback 92

Customer Feedback Net Promoter Score Customer Satisfaction NPS 92

eglobalis

SEPTEMBER 16, 2024

In terms of revenue growth, businesses that invest in CX often see higher customer retention rates and increased lifetime value of clients. Customer-centric organizations tend to outperform their competitors because they consistently deliver value across the customer journey.

B2B 375

B2B Customer Experience Touchpoint CX 375

eglobalis

JULY 31, 2024

Customer Experience Management (CXM) Software Tools like Qualtrics and Medallia as the leaders of this sector help manage and analyse customer interactions across different touchpoints. These platforms provide deep insights into customer feedback and behaviour, enabling businesses to make data-driven decisions to improve CX.

Customer Experience 428

Customer Experience Social Media Predictive Analytics AI 428

Lumoa

OCTOBER 15, 2023

How often should you collect customer feedback? There is more and more discussion about this question, especially now living in an era where customer feedback is louder than ever. It’s clear that overwhelming customers with frequent, long surveys aren’t a practical strategy.

Customer Feedback 78

Customer Feedback Text Analytics Hospitality Hospitality 78

Retently

MARCH 11, 2025

That means a CX Manager isnt just responsible for handling customer concerns; theyre shaping how customers feel about the brand, turning one-time buyers into lifelong fans. They act as a bridge between the customer and teams working with product, marketing, logistics, and support to ensure customer insights lead to tangible fixes.

CX 115

CX Customer Experience Net Promoter Score NPS 115

ECXO

DECEMBER 4, 2024

The specific KPIs used may vary depending on the company’s goals, industry, and customer segment. Here are some common KPIs used in each sector: 1. SaaS companies a. Customer Retention Rate: This KPI measures the percentage of customers who renew their subscriptions over a specific period.

Manufacturing 156

Manufacturing Customer Satisfaction Net Promoter Score B2B 156

Lumoa

AUGUST 8, 2023

This article offers a comprehensive guide on how to analyze survey results efficiently, covering everything from the basics to advanced techniques, and provides actionable solutions to common challenges in customer feedback analysis faced by businesses today. This shows the tangible, bottom-line benefits of listening to your customers.

Customer Feedback 78

Customer Feedback VOC Net Promoter Score NPS 78

eglobalis

AUGUST 13, 2024

This ecosystem lock-in is a significant factor in customer retention. Customers trust Apple to deliver a consistently high standard of performance. Consistent Quality and Reliability: Apple’s commitment to quality and reliability ensures that their products perform well and last long. All data are publicly available.

CX 507

CX Innovation Manufacturing Technology 507

Zonka Feedback

NOVEMBER 9, 2021

No wonder the brands have to go out of their way to acquire customers. The Software-as-a-Service (SaaS) business industry is one of the fiercely competitive marketplaces. However, the challenge doesn’t end there.

Customer Retention 98

Customer Retention Customer Feedback 98

Retently

MARCH 17, 2025

Ready-to-use examples for different reporting styles, whether youre all about the numbers, customer feedback, or a mix of both. Identifies patterns & recurring pain points in customer feedback. Tracks how customer sentiment, retention, and support efficiency have evolved over time. Whats in it for you?

Actionable Insights 90

Actionable Insights CX NPS Sentiment Analysis 90

ECXO

MARCH 21, 2023

The process involves customer research, design thinking, and user testing to develop products and services that fit seamlessly with the customer journey. Effective design incorporates user insights, customer feedback, and an understanding of customer pain-points to create engaging, intuitive experiences that delight customers.

Customer Experience Maturity Model 295

Customer Experience Maturity Model B2B CX Customer Experience 295

Win the Customer

OCTOBER 6, 2020

Every piece of customer feedback that your business receives is a tool that helps you improve your service and ultimately grow your brand. A note of thanks in each and every instance of customer feedback shows that you as a brand recognizes the value of your customers’ input.

Customer Service 173

Customer Service Customer Feedback Customer Retention Customer Experience 173

Retently

MAY 31, 2024

By nurturing the Customer Success department early, you set your company up to grow and adapt to your customers’ needs. A strong Customer Success team optimizes your company for listening, learning, and empathizing with your customers.

Net Promoter Score 142

Net Promoter Score Engineering Customer Retention Customer Feedback 142

Lumoa

FEBRUARY 9, 2023

Long-term actions are based on the analytics results of customer feedback. Later, communicate the changes and improvements you’ve done based on customer feedback back to your customers. In both cases, follow-up is a necessity, not a choice, if you want to build strong relationships with your customers.

Net Promoter Score 167

Net Promoter Score Customer Experience B2C Social Media 167

SurveySensum

SEPTEMBER 21, 2023

This strategic move resulted in doubling their business, showcasing the power of leveraging customer retention to drive growth. Well, acquiring new customers can costs you five times more than keeping the ones you have. So, customer retention is indeed crucial. What is the Customer Retention Rate?

Customer Retention 52

Customer Retention Non-Profits Social Media Gaming 52

Totango

FEBRUARY 11, 2022

Then, we’ll walk you through three steps for creating a solid customer experience strategy. Finally, we’ll show you how to ensure the success of your strategy by incorporating customer feedback into your upgrades. What is B2B Customer Experience? Why Take B2B Customer Experience Seriously? Performance.

B2B 114

B2B Customer Experience B2C Net Promoter Score 114