Remove 2010 Remove Contact Center Remove Customer Care Remove Customer effort
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100+ Customer Experience Stats to Prepare for 2023

CCNG

(Oracle, 2011) Businesses have a 60 to 70% chance of selling to an existing customer while the probability of selling to a new prospect is only 5% to 20%. Marketing Metrics, 2010) Increasing customer retention rates by 5% increases profits anywhere from 25% to 95%. and 66% would trust other consumer opinions posted online.

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Looking to reduce customer effort? Do these three things first

Tethr

Reducing customer effort can feel like a monumental task, especially for big companies with legacy business processes, policies, systems, or companies in regulated industries. But these first three steps will get CX and customer care leaders started quickly and effectively. So how do we measure customer effort?