article thumbnail

Making Personalization the Center of Your Customer Retention Strategy like Spotify

SharpenCX

Long-term customers are more valuable to your company’s growth than you may think. A study from Harvard Business School found that increasing customer retention rates by even 5% can boost your company’s profits by 25-95%. They have growing customer retention despite more competitors on the playing field.

article thumbnail

7 New Technologies to Improve Customer Service in 2021

TechSee

Companies have invested in their customer service function to differentiate and personalize their brand and improve overall operational efficiency. COVID-19 has resulted in a further increase in demand for service, with a January 2021 survey indicating that 65% of U.S. consumers required assistance during the pandemic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Top 10 Customer Success Takeaways from SaaStr Annual 2021

ChurnZero

Last week we had the much anticipated opportunity to sponsor, attend, and speak at the in-person 2021 SaaStr Annual conference. SaaS customers are only using 50% of the licenses that they buy- @markroberge. SaaS customers are only using 50% of the licenses that they buy- @markroberge. Customers are your key to product success.

SaaS 95
article thumbnail

5 Predictions for CX, Marketing and Sales in 2021

Babelforce

2021 won’t be a year for complacency. Economies are retracting and customer expectations and behaviours are changing drastically. It’s a good time to poach customers – and to focus on customer retention. They’re also a lifeline for customer outreach. What’s the impact for businesses? What’s driving this?

Sales 98
article thumbnail

TSIA Interact Spring 2021: Key Takeaways

Education Services Group

TSIA’s conferences are always jam-packed with best practices, real-life examples, success stories, and lessons learned from some of technology’s biggest names. Madeline Evans, Digital Customer Success Manager. The post TSIA Interact Spring 2021: Key Takeaways appeared first on ESG. Engagement: It’s Dynamic!

article thumbnail

Why customer care centers are your competitive advantage in 2021

Hello Customer

G iven that customer service is a good way to create customer loyalty, it makes sense that organizations should be investing in it, not cutting costs. Steven Van Belleghem perfectly illustrated why good customer service is essential with this example. ??. Customer Experts. To wrap up.

article thumbnail

ChurnZero’s Greatest Hits from 2021 Feat. Top 10 Articles and Other Noteworthy News

ChurnZero

Leading the way, Google released their Year in Search for 2021. Who would have thought that 2021 would be the year the world searched for “y2k” more than ever before? Here’s ChurnZero’s greatest hits compilation of our top content, milestones, and happenings from 2021. Top 10 Articles from 2021. Other Noteworthy News.

Finance 52