Totango

MARCH 5, 2021

Customer retention is the lifeblood of any savvy enterprise. It’s the only way to be successful in this customer-centered economy and ensure scalable long-term revenue. To retain customers, companies must make the customer experience better and ensure customers never stop seeing value from their product or service.

Customer Retention 89

Customer Retention Net Promoter Score Start-ups NPS 89

Inside Customer Service

JUNE 16, 2022

The vice president was talking about his company's customer service team. His primary concern was customer retention. He worried that employees were too transactional and didn't work hard enough to retain customers. Customer service reps didn't always see the big picture. "I want them to be more proactive."

Customer Service 192

Customer Service Customer Retention Start-ups Customer Satisfaction 192

Zendesk

MARCH 19, 2021

In our Customer Experience Trends Report 2020 , we uncovered a startling statistic: about 50 percent of respondents said they’d switch to a competing brand after just one bad customer experience. Fifty-percent customer churn is a death sentence for almost any business—which means it’s time to prioritize customer satisfaction.

Customer Satisfaction 98

Customer Satisfaction Net Promoter Score Scorecard Social Media 98

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

Zendesk

MAY 17, 2022

According to the Zendesk Customer Experience Trends Report 2022 , customer engagement is up 14 percent compared to last year. While this means more work for your support agents, it also means there are more opportunities for you to expand and retain your customer base. What is customer satisfaction score (CSAT)?

Customer Satisfaction 98

Customer Satisfaction NPS Net Promoter Score Retail 98

ECXO

MARCH 5, 2024

Increased Customer Satisfaction: Design Thinking allows businesses to create solutions that are tailored to the needs and wants of the customers. By putting the customer at the heart of the process, businesses can ensure that their digital transformation initiatives lead to improved customer satisfaction.

Innovation 294

Innovation Gaming Customer Satisfaction Start-ups 294

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 financial strength allows Apple to invest in new technologies, enhance its product offerings, and maintain a high level of customer satisfaction.

CX 445

CX Innovation Manufacturing Technology 445

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

Intercom, Inc.

MARCH 16, 2021

But this approach not only overwhelms your team, it also means customers frequently have to wait hours or even days to get the help they need. This is costly not just for your team’s bandwidth and budget – but also for your customers’ satisfaction and overall perception of your brand. Onboard new customers.

E-commerce 201

E-commerce Education Customer Satisfaction Start-ups 201

eglobalis

DECEMBER 11, 2024

Its time to stop guessing and start experimenting. Experimentation helps you turn customer feedback into actionable improvements that drive satisfaction. This not only enhances customer satisfaction by ensuring timely delivery but also reduces operational costs. The Gist Experimentation eliminates CX guesswork.

CX 288

CX Customer Journey Map Compliance Social Media 288

Intercom, Inc.

NOVEMBER 18, 2020

With customer expectations and conversation volumes on the rise, businesses need a way to effectively deliver on-demand, personal support while maintaining customer satisfaction. With automation, companies are 4x more likely to see improvements in customer satisfaction.

Customer Satisfaction 223

Customer Satisfaction B2C Healthcare Customer Expectations 223

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. The Importance of Customer Retention.

Customer Retention 63

Customer Retention Social Media Customer Acquisition Start-ups 63

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 88

Customer Retention Customer Journey Map Net Promoter Score Scorecard 88

SurveySensum

AUGUST 18, 2020

Customer Satisfaction Score, commonly known as CSAT Score , is a business metric used by companies to gauge customer satisfaction after a certain interaction or on the overall experience of the customer. . It is a strong indicator of customer retention and product repurchase. So, stick to them. .

Customer Satisfaction 69

Customer Satisfaction Touchpoint NPS Customer Loyalty 69

Beyond Philosophy

MARCH 12, 2015

Have you ever clicked your mouse or trackpad several times when your computer hangs up even though you know it won’t make the hourglass or color wheel go away any faster and might make the situation worse? It’s Time to Stop Agreeing and Start Acting. When can we stop agreeing and start acting?

CEM 166

CEM Customer Experience Management Retail Customer Retention 166

Callminer

JULY 30, 2020

Armed with this data, your call center gains valuable insight into what makes your customers tick so you can develop the most impactful, meaningful responses for every interaction, quickly resolve customer complaints, and improve customer satisfaction and retention. Develop solutions. Jesse Silkoff.

Customer Service 265

Customer Service Start-ups Customer Satisfaction Gambling 265

Intercom, Inc.

AUGUST 5, 2020

Case in point: online retailer Zappos whose commitment to delighting customers has meant making their support team available for quite literally anything. You ended up looking a lot more like telecoms providers Comcast and Virgin Media whose support has been remarkable for all the wrong reasons. It’s a problem we know well.

Customer Experience 204

Customer Experience Customer Satisfaction Engineering Retail 204

Totango

DECEMBER 10, 2019

When you make customer retention for B2B business models a priority, you’ll not only save money on acquisition costs; you’ll also unlock the growth potential of your existing customer base. Let’s explore why customer retention for B2B is so important and how you can make it happen. Retain Customers for Life.

Customer Retention 64

Customer Retention B2B VOC Customer Acquisition 64

Lumoa

FEBRUARY 9, 2023

How do you take action on customer experience? Listen to your customers. 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. Acting on customer feedback doesn’t mean doing one thing.

Net Promoter Score 167

Net Promoter Score Customer Experience B2C Social Media 167

Beyond Philosophy

APRIL 14, 2022

However, here are some of the stats that stood out to me most: 73% of business leaders reported a direct link between customer service and business performance. 64% of business leaders say that customer service has a positive impact on the company’s growth . 60% say customer service improves customer retention .

Customer Satisfaction 78

Customer Satisfaction Contact Center Customer Acquisition CX 78

Beyond Philosophy

NOVEMBER 6, 2014

Coming up with specific ways that create this experience in all the departments of your organization is how you deliver the experience you designed. This step is often the most challenging, because the hard work of change starts here. Knowing what you want to do is only part of the strategy.

Net Promoter Score 163

Net Promoter Score CEM Social Media Retail 163

PeopleMetrics

JANUARY 18, 2022

Customer satisfaction has always been a make-or-break consideration for businesses. Learning from your customers’ experiences gives you direct insight into what you’re doing well and where you can improve to drive more revenue, acquisition, and retention. What is customer satisfaction software?

Customer Satisfaction 62

Customer Satisfaction Pharmaceutical Net Promoter Score Customer Feedback 62

Totango

OCTOBER 8, 2020

Customer retention is the continuation of a valued service. In B2B terms, it is still possible to maintain your customer relationship and even improve customer retention during uncertainty, but you will need to focus on five key steps: Understand Your Customer. Listen to Your Voice of Customer Programs.

Customer Retention 63

Customer Retention Scorecard B2B VOC 63

Fonolo

DECEMBER 6, 2022

When you develop your contact center, you create opportunities for more sales, customer satisfaction, and workplace efficiency. . Enhancing customer satisfaction and sales . Look at your financial reports to start. Your customers demand autonomy, and Fonolo’s #VoiceCallBacks delivers.

Contact Center 142

Contact Center Net Promoter Score Customer Satisfaction Sales 142

Aquire

SEPTEMBER 30, 2021

Does your business focus more on customer acquisition or customer retention? The most common answer is acquisition but the focus should be on retention. With the right customer retention strategies, you can ensure steady revenue and avoid losing market share to competitors. But first, let’s cover the basics.

Customer Retention 52

Customer Retention Customer Acquisition Start-ups Customer Satisfaction 52

SurveySensum

OCTOBER 1, 2024

Wondering what types of metrics measure customer satisfaction? We’ll break down the key customer satisfaction metrics that are simple to track and essential for keeping your customers happy. But before that, let us demystify what the phrase ‘customer satisfaction’ means.

Customer Satisfaction 52

Customer Satisfaction Net Promoter Score NPS Close the Loop 52

Intercom

FEBRUARY 15, 2023

Customer satisfaction is one of the most important considerations for any business. After all, a healthy business relies on happy customers – and if your customers aren’t happy, they probably won’t stick around. Find out how Intercom can boost your customer satisfaction metrics What does customer satisfaction mean?

Customer Satisfaction 52

Customer Satisfaction Net Promoter Score E-commerce NPS 52

SurveySensum

JULY 21, 2023

That’s why here in this blog we will talk about the top 11 B2B customer retention strategies. These strategies can help you maximize your business’s potential while keeping those valuable customers right where they belong. Let’s get started! Awesome, right? But it doesn’t stop there.

Customer Retention 52

Customer Retention B2B Net Promoter Score Touchpoint 52

Hodusoft

JULY 24, 2024

Effective Strategies for Enhancing Customer Retention in Call Centers “When the customer comes first, the customer will last.” In a time of growing competition and dwindling customer loyalty, businesses need to focus on customer retention more than ever before. How to Analyze Current Retention Rates?

Customer Retention 52

Customer Retention Omnichannel Customer Loyalty CX 52

Lumoa

FEBRUARY 13, 2018

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. They learnt that the customers actually liked the new product, but it was way too expensive. Why did it happen? No-one knows.

Customer Feedback 111

Customer Feedback Net Promoter Score NPS VOC 111

SurveySensum

OCTOBER 26, 2023

Paul’s online handcrafted jewelry store started seeing a decline in customer satisfaction and repeat purchases. So he started sending CSAT surveys after every purchase to his customers to learn about their shopping experience, product quality, and overall satisfaction. Well, it is.

Customer Satisfaction 52

Customer Satisfaction Net Promoter Score Social Media Customer Loyalty 52

Hodusoft

JUNE 8, 2022

First call resolution, also known as first contact resolution or FCR, is one of the most important components to manage the relationship with customers, measuring the call center’s ability to resolve customer problems on first contact, with no follow-up required. Customer Retention Rate. What is your number? .

Net Promoter Score 98

Net Promoter Score Customer Satisfaction Customer Retention NPS 98

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

SurveySensum

FEBRUARY 20, 2024

That feeling is what businesses aim to achieve in order to keep customers happy and satisfied and keep coming back for more. But why is it important to improve customer satisfaction? Because acquiring a new customer can cost five times more than retaining an existing one. So, what exactly is customer satisfaction?

Customer Satisfaction 52

Customer Satisfaction Social Media Touchpoint Omnichannel 52

SurveySensum

FEBRUARY 20, 2024

That feeling is what businesses aim to achieve in order to keep customers happy and satisfied and keep coming back for more. But why is it important to improve customer satisfaction? Because acquiring a new customer can cost five times more than retaining an existing one. So, what exactly is customer satisfaction?

Customer Satisfaction 52

Customer Satisfaction Social Media Touchpoint Omnichannel 52

Shep Hyken

OCTOBER 8, 2021

Doug Liantonio is the Marketing Outreach Analyst at Gravy Solutions , a company that helps subscription-based businesses recover failed payments and retain customers. From afar, customer service seems like it should be simple. Just answer any questions your customers may have. Right? . Lead with Empathy. Be Accessible.

Customer Service 122

Customer Service Customer Satisfaction Start-ups Customer Feedback 122

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