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Technology Based Solutions to Enhance Customer Retention Strategies

TechSee

It is well known that the acquisition costs of converting new customers far outweigh the cost of maintaining current customers, further motivating companies to find and implement innovative customer retention strategies. Churn refers to the percentage of customer attrition over a specific period of time.

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5 Top Customer Service Articles For the Week of January 23, 2017

ShepHyken

Are You Taking Your Customers For Granted? CustomerThink) What does your B2B marketing program have to do with your customer retention strategy? Let’s look at three ways you can use marketing and customer experience to engage your customers. by Mindi Rosser. Forbes) We know great CX drives revenue.

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Top Ten Contact Center and Servicing Goals for 2017

DMG Consulting

Top Ten Contact Center and Servicing Goals for 2017. In November and December 2016, DMG conducted a worldwide survey of contact center and enterprise servicing goals for 2017. Along with the four write-ins, thirty-seven unique goals were identified in the survey results. Deliver a personalized customer experience (39.2

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Why You Should Stop Surveying Your Customers

Toister Performance Solutions

The customer service survey falls into that category for many companies. Customers don't like it and it delivers absolutely no value. Smart customer service leaders should either fix their broken surveys or stop doing them altogether. Does your survey generate any meaningful insights?

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Guest Post: 5 Inevitable Tips That Can Ensure a Superb Customer Experience

ShepHyken

In 2017, insurance firm John Hancock offered Apple Watch to its life insurance policyholders at a discounted rate. Some buyers also appreciate customer survey emails seeking their feedback within one week from the first purchase. Becoming a partner in every consumer’s life.

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Product Market Fit: An Ultimate Guide

ProProfs Blog

Google identified a need no other search engine was meeting and by 2017, 11 million AdSense users were paying Google $95 billion a year. Next on the list are the underserved needs shared by your target customers regardless of their ages and demographics. Product-Market Fit (PMF) Survey. Customer Satisfaction (CSAT).

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The Problem with Self Service

Beyond Philosophy

Their Customer Service Success Blog reported some interesting stats to consider about Customer’s self-service options, including: By 2017, Only 1/3 of Customer service interactions will require human assistance. As many as 2/3 of Customer service interactions will occur without human-to-human contact.