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

eglobalis

JUNE 27, 2024

Successful execution ensures that the company lives up to its promises, thereby fostering trust and loyalty among customers. Companies like Siemens and Samsung start by selecting key divisions in different countries to pilot their strategies. Conduct comprehensive research to understand the full scope of the customer journey.

Customer Experience 482

Customer Experience VOC Net Promoter Score Government 482

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

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? Say you have 500 customers on March 1. Review “lost customer” feedback.

Customer Retention 117

Customer Retention Finance Customer Service Business Growth 117

Lumoa

FEBRUARY 13, 2018

There's a company X that collects customer feedback. on a scale from 0 to 10) " after each customer purchase or interaction. They could've started to blame the product designers or try to improve the features which they thought seemed to be lacking. The company X started to contact its customers and finally ask why.

Customer Feedback 111

Customer Feedback Net Promoter Score NPS VOC 111

Lumoa

NOVEMBER 19, 2017

Luckily there are more and more success stories in this field as well: companies who manage to ask the right question in the right place at the right time, not to burden customers with the surveys too much and who have a consistent method for analyzing the data, extracting the insights and acting on feedback. Where to ask for feedback?

Customer Feedback 114

Customer Feedback Net Promoter Score NPS Start-ups 114

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? Divide by your original number of subscribers at the start of the month.

Customer Retention 94

Customer Retention Customer Expectations Start-ups Sales 94

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

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 120

CX Customer Experience Net Promoter Score NPS 120

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

eglobalis

AUGUST 13, 2024

Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple has evolved from a garage start-up to one of the most valuable companies in the world. This ecosystem lock-in is a significant factor in customer retention. Customers trust Apple to deliver a consistently high standard of performance.

CX 527

CX Innovation Manufacturing Technology 527

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.

Customer Retention 90

Customer Retention Customer Journey Map Net Promoter Score Scorecard 90

Totango

JANUARY 15, 2019

While it’s no doubt a thrill to pursue and persuade a new customer to work with your enterprise, for software and subscription-based businesses, the real value lies in customer retention. But your customer retention strategies should be based on long-term thinking. Thank your customers. Understand your KPIs.

Customer Retention 75

Customer Retention Start-ups Social Media CRM 75

Retently

AUGUST 9, 2018

How much do you focus on customer retention? If you don’t, you’re likely to hemorrhage money in the long run, given that acquiring new customers will cost you 5 times more than retaining existing clients. Because it’s one of the best ways to increase customer satisfaction and trust in your brand. How likely, you ask?

Voice of the Customer 90

Voice of the Customer Customer Feedback CEM Net Promoter Score 90

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 96

Customer Feedback Net Promoter Score Customer Satisfaction NPS 96

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

Retently

MARCH 17, 2025

Understanding the Core Differences in CX Reporting The Core Structure of a CX Report Best Practices for Making Stakeholder Reports Valuable & Engaging Wrapping Up: The Power of CX Reports in Driving Business Growth Keeping customers happy isnt just about responding to tickets or processing refunds. Whats in it for you?

Actionable Insights 90

Actionable Insights CX NPS Sentiment Analysis 90

Callminer

APRIL 30, 2020

The most successful companies have solutions in place for monitoring customer interactions and analyzing customer sentiment. For more information on improving the customer experience, download our white paper, Leveraging Emotion to Improve CX & Elevate Contact Center Performance. Do not forget to follow up post-resolution.

Customer Service 273

Customer Service Contact Center Start-ups Construction 273

Intercom, Inc.

JUNE 22, 2020

Chats and posts have many different use cases such as asking customers if they need help, announcing product updates, welcoming visitors, or onboarding new users. Use a chat to start a conversation with a user. It would look something like this: A post takes up more window space than a chat. Get user feedback.

Start-ups 235

Start-ups Gaming Education Customer Retention 235

Intercom, Inc.

NOVEMBER 21, 2019

One of our mantras here at Intercom is that customer retention is the new conversion. In an era when more and more businesses adopt a subscription model, strong customer retention is the key to sustainable long-term growth and requires a laser-like focus. . A customer-centric journey drives growth.

Customer Retention 34

Customer Retention Customer Journey Map Start-ups Sales 34

SurveySensum

DECEMBER 30, 2024

If youre looking for advanced features, greater scalability, or a platform that aligns better with your unique customer needs and long-term CX goals, there are alternatives to CustomerGauge that may better suit your specific customer needs and long-term CX goals. Lets uncover them together, but lets start with what this platform is.

Sentiment Analysis 52

Sentiment Analysis Machine Learning NPS B2B 52

Retently

MAY 31, 2024

Operating from this position means you’ll likely end up prioritizing the hire of additional technical staff (engineers, programmers, etc.) By nurturing the Customer Success department early, you set your company up to grow and adapt to your customers’ needs. to handle problems as they arise.

Net Promoter Score 145

Net Promoter Score Engineering Customer Retention Customer Feedback 145

PeopleMetrics

MARCH 1, 2017

With insufficient planning and preparation, your customer feedback strategy may stumble, you may lose team members along the way, or find yourselves lost in a sea of information. You may be tempted to limit communications to departments or individuals who will be receiving and responding to customer feedback.

Customer Feedback 76

Customer Feedback Close the Loop Voice of the Customer Start-ups 76

Lumoa

FEBRUARY 9, 2023

Actions include short- and long-term follow-ups. As short-term actions, you should be able to follow up with each individual responder, especially taking care of critical comments. Long-term actions are based on the analytics results of customer feedback. Acting on customer feedback doesn’t mean doing one thing.

Net Promoter Score 167

Net Promoter Score Customer Experience B2C Social Media 167

Retently

AUGUST 26, 2019

In order to genuinely understand customers and increase retention, businesses need to focus a big part of their resources and manpower on customer feedback. The way someone approaches feedback can make or break their business. How Important Is Customer Feedback? What Is the Customer Feedback Loop?

Customer Feedback 74

Customer Feedback Social Media Net Promoter Score NPS 74

Intercom, Inc.

MARCH 16, 2021

With the right strategy and proactive support tools – think Outbound Messages , Product Tours , Mobile Carousels , and Banners – you can alert customers to known issues, like delivery delays, bugs in your product, and website downtime. Create a customer feedback loop. Onboard new customers.

E-commerce 201

E-commerce Education Customer Satisfaction Start-ups 201

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. Customers are an integral part of any business’s success.

Customer Feedback 78

Customer Feedback VOC Net Promoter Score NPS 78

Retently

AUGUST 1, 2024

What we haven’t discussed is when you should start using Net Promoter Score ®. When should your company begin to pay attention to customer sentiment? When should you start quantifying sentiment using NPS®? Key Takeaways Start early. Start using NPS When Are Your Results Reliable? Don’t celebrate too early.

Net Promoter Score 147

Net Promoter Score NPS Start-ups Invoicing 147

SurveySensum

DECEMBER 2, 2024

Top 7 Confirmit Alternatives If you’re looking to pick the best feedback tool for your company, you have to understand how different platforms differ. Get up close and personal with the top 7 Confirmit alternatives, with key features that can impact your customer experience strategy.

Sentiment Analysis 52

Sentiment Analysis Start-ups AI Customer Feedback 52

SurveySensum

OCTOBER 28, 2024

Customer Satisfaction (CSAT) Score While NPS tells you if customers will recommend you, CSAT shows you how satisfied they are with specific interactions. Keep an eye on these scores together to get a complete view of the customer journey. Let Customer Feedback Lead Your Product Development with SurveySensum.

NPS 52

NPS Customer Loyalty Actionable Insights Sentiment Analysis 52

PeopleMetrics

JANUARY 20, 2015

I was sitting next to a friend I hadn''t seen in a while, and we were catching up. Listening and Responding to Customer Feedback. Think of a customer. Who shows up on the provider''s doorstep. At that point, the customer is well outside of his or her comfort zone, floating in a space of anxious exploration.

Net Promoter Score 108

Net Promoter Score Customer Experience Voice of the Customer Construction 108

Retently

MAY 26, 2023

In order to measure the strength and value of a client’s relationship with its customers, it’s vital to have an accurate, quantified baseline control. One of the easiest ways to start using Net Promoter Score in your consultancy is to measure the threshold customer satisfaction score for each client before you begin to take action.

Net Promoter Score 138

Net Promoter Score NPS Close the Loop Customer Satisfaction 138

Zendesk

MAY 12, 2021

A “bad experience” can happen at any touchpoint in the customer’s journey, from their first interaction all the way to final sale and beyond. It’s up to every department to provide consistently great experiences that get customers in the door and keep them coming back. Identify and reward loyal customers.

Customer Retention 52

Customer Retention Net Promoter Score Touchpoint CRM 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

SurveySensum

MARCH 10, 2023

To prevent such negative outcomes, using tools such as Net Promoter Score (NPS) can help you actively gather and analyze customer feedback to improve customer retention and understand their experiences. This will help you identify areas for improvement and work towards retaining your customers. Let’s get started.

Customer Retention 52

Customer Retention NPS Net Promoter Score Social Media 52

Totango

SEPTEMBER 24, 2019

Knowing these different stages can be powerful for monitoring, servicing, and motivating customers, but it all needs to come from a unified, consistent brand. There’s no need to indulge a divisive customer retention vs. new customer acquisition dynamic. Customer Retention vs New Customer Acquisition: The Common Goal.

Customer Acquisition 59

Customer Acquisition Customer Retention Sales Customer Loyalty 59

Experience Investigators

AUGUST 17, 2021

Start with a CX Charter. Great CX meetings start with a solid foundation in the form of a CX Charter — a simple document that answers these six questions: What is Our CX Vision? I like to create a standard agenda, then customize for every meeting. Customer Feedback and Insights. Start with a story.

Customer Experience 132

Customer Experience Net Promoter Score CX Start-ups 132