ECXO

MARCH 6, 2025

Meeting these elevated expectations is not just about customer satisfactionit directly impacts the bottom line. Research shows that B2B companies with superior customer experience achieve higher revenue growth, better customer retention, and lower service costs than their peers.

CX Transformation 339

CX Transformation B2B CX Government 339

Hodusoft

APRIL 24, 2025

Insurance Customer Retention with Contact Center Software For contemporary insurance companies, acquiring more policyholders is not good enough. In such a scenario, customer retention (or retention of policyholders, if you will) is the only recourse. Why Customer Retention is Critical in Insurance?

Contact Center 52

Contact Center Customer Retention Data Entry CRM 52

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

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

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. Their work directly impacts business growth by reducing complaints, improving support efficiency, and enhancing customer retention, they drive higher revenue and lower churn.

CX 120

CX Customer Experience Net Promoter Score NPS 120

Comm100

FEBRUARY 5, 2018

Social Media Software. Exploring A Broad Term: What Is Customer Engagement Software? From customer relationship management (CRM) software to knowledge base and social media tools — it almost seems harder to find a software solution that isn’t considered a customer engagement tool than one that is.

Social Media 68

Social Media CRM Social Listening Omnichannel 68

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. 4 Thank Your Customers.

Customer Retention 75

Customer Retention Start-ups Social Media CRM 75

Intercom, Inc.

MARCH 31, 2021

Whatever tools you’re using – whether that’s social media, call center, issue management, or even sales tools – you’ll want to make sure your conversational support tool can plug into and play nicely with them. Ultimately, this will make your support more efficient, powerful, and all-around more helpful for customers.

Social Media 213

Social Media Start-ups Customer Retention Customer Satisfaction 213

Comm100

OCTOBER 8, 2016

Your customer retention is super important to your bottom line—after all, customer loyalty is well-known for being more valuable than customer acquisition. With stakes this high, it’s essential that you build a solid customer retention plan that can lead to long-term customer loyalty.

Customer Retention 65

Customer Retention Customer Loyalty Social Media Education 65

Totango

JULY 11, 2019

Time and money that could have been saved—if you’d focused on customer retention. New customer acquisition costs a lot. To learn how much you’re spending, add up all of your sales and marketing expenses and divide that amount by the number of new customers won. Don’t pay it over and over to drum up one-time customers. .

Customer Retention 63

Customer Retention Social Media Customer Acquisition Start-ups 63

PeopleMetrics

OCTOBER 27, 2014

We’ve written about social media fails – remember Alton’s Comcast Disaster ? Supernatural is a television show about two brothers (Jensen Ackles and Jared Padalecki) fighting monsters, but ask any fans about the show’s social media influence, and they’ll point you to one man: Misha Collins. opens a lot of possibilities.

Social Media 102

Social Media Customer Experience Customer Retention Customer Relationship 102

Totango

JULY 11, 2019

Time and money that could have been saved—if you’d focused on customer retention. New customer acquisition costs a lot. To learn how much you’re spending, add up all of your sales and marketing expenses and divide that amount by the number of new customers won. Don’t pay it over and over to drum up one-time customers. .

Customer Retention 63

Customer Retention Social Media Customer Acquisition Start-ups 63

Hodusoft

JANUARY 30, 2025

In todays fast-paced, customer-centric world, consumers expect effortless interactions whether theyre reaching out via voice, email, chat, social media, or SMS. This approach allows customers to interact with a business across multiple channels without losing context or consistency. operate independently, often in silos.

Contact Center 52

Contact Center Omnichannel Social Media Retail 52

Win the Customer

DECEMBER 25, 2019

. “Social care” isn’t anything new, but providing effective multi-channel customer service that includes social care can be pose significant challenges for organizations big and small. Social service organizations see a 5.6% YoY increase in customer retention.

Customer Service 115

Customer Service Social Media Start-ups Customer Retention 115

Retently

NOVEMBER 27, 2024

Personalizing the Customer Journey 3. Building Customer Loyalty for Retention 6. Leveraging Social Media and Influencer Marketing 8. Dive deep into customer behavior and market trends to tailor strategies that resonate with your audience. Expanding Revenue Channels 4. Optimizing Conversion Rates 5.

Sales 152

Sales Social Media Predictive Analytics Start-ups 152

Lumoa

FEBRUARY 9, 2023

It encompasses activities such as customer retention, customer loyalty programs, customer feedback surveys, customer reviews and ratings, customer panel discussion groups, customer support services, and more. Social Media You might be wondering why social media is on the list.

Net Promoter Score 167

Net Promoter Score Customer Experience B2C Social Media 167

SurveySensum

JULY 26, 2023

It’s like a game of “now you see them, now you don’t” with customers jumping ship to competitors in the blink of an eye if they don’t feel valued and satisfied. It is far more expensive to acquire new customers than to retain existing ones and brands understand that. But why is that a big issue?

Customer Retention 52

Customer Retention Retail Social Media E-commerce 52

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

SurveySensum

DECEMBER 22, 2022

And that’s why 82% of companies say that retaining a customer is less expensive than acquiring a new one. That’s why focusing on customer retention is important and a lucrative VOC program helps you achieve it. . Let’s deep dive into this and understand how you can use the VOC program to improve customer retention.

VOC 52

VOC Customer Retention Social Media Close the Loop 52

Totango

AUGUST 11, 2022

In this article, we’ll show you how to build client relationships digitally with your SaaS customers. First, we’ll look at how digital client relationships differ from live interactions and what this implies for SaaS customer relationship management. How Digital Client Relationships Are Different.

Net Promoter Score 113

Net Promoter Score Social Media Customer Journey Map Customer Relationship 113

Retently

AUGUST 3, 2023

It’s based on the concept of social proof , which is a psychological phenomenon where people assume the action of others in an attempt to reflect the correct behavior. Sometimes you may need to spend more on improving your customer experience so that you can reduce the service costs in the long-run.

Net Promoter Score 147

Net Promoter Score Customer Experience Social Media NPS 147

Shep Hyken

DECEMBER 9, 2022

This could include phone, email, live chat, social media, and more. The goal of omnichannel engagement is to provide a consistent experience for customers no matter how they choose to reach out. . A contact center CRM is a customer relationship management system that’s designed specifically for contact centers.

Contact Center 108

Contact Center Sales Omnichannel CRM 108

SurveySensum

APRIL 16, 2025

A Customer Relationship Management (CRM) survey is a targeted method of collecting customer feedback from the contacts stored in your CRM system. CRM surveys use existing customer data for personalized, context-driven questions. Boost customer retention by ensuring every interaction leaves a positive impression.

CRM 52

CRM Customer Feedback NPS Touchpoint 52

Hodusoft

NOVEMBER 27, 2024

Another research indicates that 70 percent of customers say a company’s understanding of their personal needs influences their loyalty. When it comes to personalizing customer interactions, your call and contact center software’s integration with Customer Relationship Management (CRM) systems can be immensely helpful.

Customer Loyalty 52

Customer Loyalty Contact Center E-commerce Omnichannel 52

Aquire

NOVEMBER 1, 2021

For example, you could point a customer in the direction of a competitor’s product if it’s better placed to meet their needs. Although it won’t immediately help your bottom line, it will help foster trust and create better customer relationships in the long term. Leverage social media. Use the right technology.

Social Media 98

Social Media Omnichannel Touchpoint Start-ups 98

Lumoa

NOVEMBER 17, 2022

Using your customer’s name in marketing materials and customer support can build trust and forge a personal connection. . Improving Customer Relationships with AI. Artificial Intelligence (AI) is a fantastic way to reduce costs and optimize customer support without diminishing customer experience.

E-commerce 78

E-commerce Customer Experience Social Media Artificial Intelligence 78

CSAT.AI

AUGUST 12, 2021

Zendesk’s 2021 Customer Experience Trends Report reveals 75% of customers are willing to spend more on a brand that provides quality CX. Calls that end prior to resolution or in queue have a negative impact on overall scores, customer retention and cost per call. Wait times and transfers influence abandon rate.

Contact Center 98

Contact Center Social Media Customer Satisfaction Manufacturing 98

Aquire

AUGUST 9, 2021

At the end of the day, CCM increases the efficiency of communication and helps find better ways to engage customers. That way companies can improve their communication strategy and so strengthen customer relationships. You might well be thinking that this all sounds an awful lot like customer relationship management.

Social Media 98

Social Media Omnichannel CXM CRM 98

Fonolo

MAY 10, 2018

It’s happening: We’re collectively witnessing a “Frankenstein moment” on social media, and within the Internet in general. Intercom’s blog is fundamental reading if you’re keen to learn about building customer relationships, creating trust, and nurturing a healthy help center. On the agenda? Peter Lavers.

Customer Experience 113

Customer Experience Contact Center Innovation Omnichannel 113

Zendesk

OCTOBER 18, 2022

In today’s competitive landscape, companies need to connect with their audience if they want to stand out from the crowd, retain customers, and build loyalty. In the Zendesk Customer Experience Trends Report 2022 , 60 percent of companies stated that succeeding at wowing customers has improved their customer retention.

Social Media 98

Social Media Social Listening Customer Journey Map CX 98

ECXO

MARCH 24, 2024

It can process information about a customer’s past purchases, browsing history, and even social media activity. This data, when analyzed, provides deep insights into the customer’s preferences, enabling brands to cater to their needs more effectively. It’s like a breath of fresh air.

AI 156

AI Customer Experience Social Media Machine Learning 156

Zendesk

AUGUST 1, 2022

People may not trust every random customer, but they likely trust their friends, family, and colleagues. According to a Sprout Social report , 71 percent of U.S. consumers’ purchase decisions are at least somewhat influenced by social media posts from people they know. They attract new customers at a low cost.

Social Media 98

Social Media Start-ups CRM Sales 98

Lumoa

AUGUST 23, 2021

New ways of interacting with customers A recent study from CMO found that 84% of companies were using social media for brand building and more than 54% have used it for customer retention. However, customers say that most companies fall short when it comes to meeting their expectations. What does that mean?

Customer Experience 88

Customer Experience Social Media CX Customer Retention 88

Win the Customer

SEPTEMBER 21, 2023

As we delve into the insights learned from customer experience trends, it’s evident that experience continues to be a driving force behind brand loyalty, customer retention, and ultimately, business success. Harnessing this word-of-mouth marketing can significantly amplify a brand’s reach and reputation.

Customer Experience 69

Customer Experience Social Media Omnichannel CX 69

Totango

SEPTEMBER 20, 2022

This delivers customers more satisfying experiences, which promote higher retention, lower churn, and higher referral rates. A customer enablement program is a vital part of the customer landscape for B2B and SaaS companies that rely on customer retention for growth. Grow a Supportive Community.

B2B 88

B2B Net Promoter Score Education Social Media 88

Intercom

NOVEMBER 30, 2021

Adopting the right strategy will help you scale your personalized support without scaling your costs, which will have the knock-on effect of increasing your customer satisfaction (CSAT) and customer retention. Social media: Twitter. It includes: Live chat. Proactive messaging. Integrated knowledge base.

E-commerce 124

E-commerce Social Media Engineering Start-ups 124

Retently

FEBRUARY 27, 2019

Better customer service equals a better customer experience. In turn, that will make your existing customers more likely to become loyal long-term clients. But how do you offer top-notch customer service that boosts customer retention and increases customer lifetime value? Monitor Social Media.

Social Media 116

Social Media NPS Start-ups Net Promoter Score 116