ProProfs Blog

FEBRUARY 13, 2020

Efforts to retain customers, help you formulate effective loyalty programs that your customers enjoy being a part of. Let’s take a look at customer loyalty statistics and observe the various ways that help a business improve and boost customer loyalty. Customer Loyalty Statistics 2020 You Shouldn’t Miss.

Customer retention 164

Customer retention Sales B2B Marketing 164

ChurnZero

AUGUST 11, 2020

Did you know that 60% of SaaS companies reported a negative impact on customer retention and upsell deals due to the pandemic? Customer retention, along with new customer acquisition, has been challenging for most companies when the pandemic hit. The second quarter of 2020 was chaotic. This is shocking.

Customer retention 97

Customer retention Chief Customer Officer SaaS Accountability 97

aircall

JUNE 30, 2021

Many look to the company for ways to improve customer retention. Email: Ring’s Secret to Improve Customer Retention. For one thing, it sends new customers emails to share tips on properly setting up the product. However, Ring is not the only company to reap the rewards of its stellar customer retention strategies.

Customer retention 62

Customer retention Customer advocacy Wait times Brand ambassadors 62

CSM Practice

MAY 13, 2020

CSM Practice conducted a weekly survey to observe potential improvements with how the crisis impacted SaaS companies and customer success management teams. We have compiled the results of our 4-week survey. We generated an overall analysis of the pandemic effects on Customer Success from around the globe.

SaaS 83

SaaS Surveys Upselling Customer retention 83

ProProfs Blog

JANUARY 30, 2020

In this blog, we aim to collate various customer engagement statistics in one place that will give you an idea about various aspects of engagement with customers. Customer Engagement Statistics 2020 Explained. And such bad experiences tend to stay with them for long. Customer Engagement & Service.

B2B 204

B2B Banking Personalization Employee engagement 204

Satrix Solutions

FEBRUARY 12, 2020

Over the past few years, appreciation for B2B Customer Experience programs has grown stronger across board rooms thanks to business leaders who have successfully aligned their company’s marketing, sales, and customer success strategies around the needs and preferences of customers. Ensure you have “real” buy-in.

B2B 78

B2B Feedback Consulting Consulting 78

ChurnZero

SEPTEMBER 29, 2020

For the first time in nine years, HubSpot’s INBOUND conference was not able to hosted as an in-person experience for obvious reasons. Instead they created a new immersive online experience that took the course over two days (September 22 & 23, 2020). . Check out 2 mind-blowing stats about Customer Expectations!

SaaS 59

SaaS Metrics Best practices Customer retention 59

ChurnZero

DECEMBER 29, 2020

2020 was a real mixed bag of emotions. All I know is that if someone were to ask me if I’ll miss any aspect of 2020 (perhaps the solitude and introspection of it all), my reaction will most likely be this: So, here’s to hoping we find a few more chocolate-filled chocolates in next year’s box. Top 10 Blog Posts from 2020.

SaaS 98

SaaS Chief Customer Officer Upselling Metrics 98

delighted

JANUARY 7, 2020

Back in 2015, Forrester Research uncovered that customer experience was the number one priority for business and technology leaders. A Walker study found that by the end of 2020, customer experience will overtake price and product as the key brand differentiator.

Customer Experience 40

Customer Experience Surveys Feedback Marketing 40

Nicereply

MAY 14, 2020

Be sure to use the strategies above to boost your customer-facing activities, retain your existing customer base, and continue delivering superior customer service. The customer experience (CX) is not a new concept, but it’s certainly one that has taken off in recent years. Align your values with your customers’.

Transportation 92

Transportation Sales Feedback Marketing 92

Totango

DECEMBER 3, 2020

Across the globe, 2020 has proven to be an incredibly transformative year, with the global pandemic changing how we work and interact with one another on a daily basis. Looking back at the 2020 Customer Success Salary Report , this year has also had a particularly influential effect on the Customer Success (CS) Industry.

Upselling 64

Upselling Accountability Enterprise Metrics 64

Quadient

OCTOBER 1, 2021

The State of CX: A series on customer experience trends and beyond - empathy's key role. The evolution from customer communications to the more comprehensive approach of customer experience management represents the sea change in how businesses view their approach to customer growth and retention.

Customer Experience 52

Customer Experience Journey mapping Enterprise Customer centricity 52

Enghouse Interactive

OCTOBER 2, 2020

Everyone has felt the immediate impact of COVID-19, including those that work in customer experience. The latest Contact Babel 2020-21 Customer Experience Decision-Makers’ Guide , sponsored by Enghouse Interactive, enables everyone involved in CX to track these shifts and respond effectively to them.

Customer Experience 40

Customer Experience B2C Self service Customer retention 40

delighted

MARCH 4, 2020

Welcome to a new era of marketing and service in which your brand is defined by those who experience it.” – Brian Solis, Principal Analyst and Futurist, Altimeter. So, how do you go about ensuring more positive customer interactions and fewer negative ones? What if customers don’t proactively share their thoughts? Let’s dive in!

Customer Experience 52

Customer Experience Management Journey mapping Surveys 52

delighted

MARCH 4, 2020

. “Welcome to a new era of marketing and service in which your brand is defined by those who experience it.” While 86% of those who received a great customer experience were likely to repurchase from the same company , 32% would abandon a brand they love after even one negative interaction. The stakes are high.

Customer Experience 44

Customer Experience Management Journey mapping Surveys 44

Comm100

NOVEMBER 29, 2021

In this blog, we’ll look at the top customer service trends to expect in 2022 so you can build a team of customer experience excellence. In recent years there has been a clear and decisive move towards digital customer support, but 2021 has fast-forwarded this shift further than anyone could have predicted.

Customer Service 82

Customer Service Chatbots Surveys Customer retention 82

Nicereply

JUNE 30, 2020

Providing a great and easy to use customer experience is the rising tide that floats all ships. In fact, a recent Walker study found that by the end of 2020, customer experience will overtake price and product as the key brand differentiator. Companies that excel at customer experience have 1.5

Construction 98

Construction Customer retention Metrics Surveys 98

CCNG

OCTOBER 19, 2022

Less than half of CX execs trust their company's ability to deliver great experiences. Here are over 100 customer experience stats and trends for you to discover. 99% of Customer Experience and Success leaders believe CEM has a positive impact on their business. Only 8% of their customers agreed.

Customer Experience 195

Customer Experience Journey mapping Metrics Surveys 195

SmartKarrot

NOVEMBER 2, 2020

Customer retention is very challenging for businesses especially in 2020. The unprecedented times and business environment have made it uncertain for business leaders on what steps to take to retain customers. So, retaining customers becomes necessary for any company to sustain itself in this economic turbulence.

Customer retention 21

Customer retention Consulting Consulting Marketing 21

Satrix Solutions

JULY 21, 2021

Its software solutions allow businesses to understand how their customers use their product, assess their health and their likelihood to renew, and give businesses the means to personalize the customer experience through timely and relevant touchpoints. SaaS onboarding makes or breaks your customer retention.

Chief Customer Officer 78

Chief Customer Officer SaaS Customer retention Metrics 78

Comm100

NOVEMBER 29, 2021

In this blog, we’ll look at the top customer service trends to expect in 2022 so you can build a team of customer experience excellence. In recent years there has been a clear and decisive move towards digital customer support, but 2021 has fast-forwarded this shift further than anyone could have predicted.

Customer Service 61

Customer Service Chatbots Surveys Customer retention 61

JustCall

OCTOBER 25, 2023

Customer experience and support have never been as crucial as it is today. As per research , 97% of customers and 98% of customer support representatives have confirmed that consumers are more likely to stay loyal to a brand if they receive good support. Why Is Customer Retention Challenging? The reason?

Customer retention 52

Customer retention Surveys call center software Feedback 52

delighted

FEBRUARY 16, 2023

Since acquiring a new customer can cost 7x more than retaining an existing customer, focusing on long-term customer success is crucial for growing businesses. In this post, we’ll cover: What is customer success? We’ll go into more detail on building a strong customer success program later in the post.

Customer retention 52

Customer retention Metrics Feedback Accountability 52

Lumoa

JUNE 14, 2023

You’ve designed your NPS survey and emailed it to all your customers—and the results are in… but not those you were expecting. When it comes to gauging customer sentiment and loyalty, few metrics enjoy such widespread acclaim as the Net Promoter Score (NPS). But the damage doesn’t stop there.

Customer centricity 83

Customer centricity Airlines Metrics Feedback 83

Select VoiceCom Blog

MARCH 21, 2023

Its global outbreak in 2020 showed business leaders the importance of being prepared for any scenario. The World Bank reported that companies’ sales plummeted 45% from April to September 2020. In a McKinsey survey , three in four respondents mentioned that business-model innovation gave them the most leverage.

Business Process Outsourcing 52

Business Process Outsourcing outsourcing Government Surveys 52

Comm100

SEPTEMBER 13, 2021

For businesses, the benefits of digital transformation in customer service are many, including: Increased opportunities for engagement with potential customers. Improved customer experience, leading to increased customer retention. Why Digital Transformation in Customer Service is the Now, Not the Future.

Customer Service 86

Customer Service Construction Technology Benchmark 86

Nicereply

MAY 11, 2020

They want to make sure their customers continue shopping with them across their entire product line. Why does Apple feel so strongly about customer loyalty? . Read on to find out why the importance of customer loyalty is crucial for businesses growth in 2020. What is customer loyalty?

Customer retention 115

Customer retention SaaS Metrics Surveys 115

GetFeedback

DECEMBER 21, 2018

Learn about the top two customer surveys for predicting and increasing customer retention. Anytime a customer cuts ties, you experience the negative impact of customer churn. Here are 40 customer retention statistics that reinforce the growing need for customer experience management.

Customer retention 156

Customer retention B2B Surveys B2C 156

Quiq

DECEMBER 8, 2021

Plus, 1 in 3 customers share their contact center experiences with others, and half of those do so on social media, according to a 2020 report from the CFI Group. Hearing about customer issues from social media has the potential to damage your brand. That’s where customer surveys come in. .

Metrics 52

Metrics Surveys Chatbots Best practices 52

ProProfs Blog

DECEMBER 12, 2019

The best way to do this is by reading customer retention statistics, and that’s what we have carefully curated in this blog. Here are 50+ customer retention stats that’ll give you insight into a customer’s mind. Why Customers Leave? If you take days to resolve a customer’s query, they will leave.

Customer retention 132

Customer retention Surveys B2B Marketing 132

Callminer

AUGUST 6, 2019

IVR speech recognition and speech-to-text features do the heavy lifting ordinarily done by live agents while personalization tools help tailor calls for good customer experience. It’s no different when it comes to delivering on the customer experience. Software can be used for customer experience. “CX

call center software 140

call center software Best practices Call Center Interactive Voice Response 140

Aspect

MAY 31, 2018

This is essential to ensure customer retention as it improves the enquiry process by using automation and artificial intelligence to prioritise and filter requests, resolving issues that do not require a human representative.

Cloud contact 68

Cloud contact Chatbots Surveys Customer retention 68

JivoChat

APRIL 8, 2021

Contrary to what many may believe, business is no longer about products or driving profit—it’s about customer engagement. 81% of marketers expect to compete almost entirely based on the customer experience. Customer engagement tools are the key to a profitable customer experience. Customer surveys.

Sales 52

Sales Chatbots Brand ambassadors Surveys 52

Playvox

JANUARY 13, 2022

The shift to the cloud only seemed to accelerate when the pandemic sent many workers home in the spring of 2020. billion in 2020. Also, when a customer does have an issue, the live chat functionality can help increase customer retention because tailored support is instant, leading to faster resolution.

Cloud contact 52

Cloud contact Best practices Contact Center Gamification 52

aircall

AUGUST 4, 2021

A recent survey conducted by global consulting firm PwC found that most executives and employees expect the hybrid workforce to become more widespread in the second quarter of 2021. Companies planning to embrace the hybrid workforce will have to consider more than just office space and the employee experience.

Employee engagement 108

Employee engagement Consulting Consulting Morale 108

Comm100

JANUARY 21, 2020

The digital customer journey describes how your customers move across digital touchpoints as they progress from prospect to customer to advocate. Examining your digital customer journey is critical to improving your customer experience by ensuring that every touchpoint is monitored and optimized. Conclusion.

B2C 83

B2C B2B Benchmark Best practices 83

CustomerSuccessBox

APRIL 5, 2022

How many times have you come across the phrase “86% of buyers will pay more for a better customer experience”? I mean, that’s the actual statistics depicting the customer preferences! It’s over the years when the internet made most things just so accessible for the customers. This is what Customer Enablement is all about!

Customer centricity 52

Customer centricity SaaS Metrics Customer retention 52