CSM Magazine

JUNE 22, 2023

Integrating high-quality data into their customer service strategies will help companies achieve their goals, including increased customer retention rates, improved brand reputation, and higher profitability. This proactive approach can further enhance business reputation and foster strong customer relationships.

Customer Service 52

Customer Service CRM Accountability Customer retention 52

Quiq

JULY 7, 2022

What is customer churn? Customer churn rate (or customer attrition rate) measures how many customers you lose over a given period of time. It’s also the exact opposite of your customer retention rate. How to calculate churn: Figure out how many customers you have at the beginning of a period of time.

Surveys 75

Surveys Customer retention industry standards Benchmark 75

Balto

NOVEMBER 8, 2022

This isn’t to be confused with the average time in queue, which doesn’t take into account the time it takes for the call to go through the call center’s self-service IVR (Interactive Voice Response) system. The metric can be useful in determining how accessible the service is to customers by measuring the average speed of the answer.

Metrics 52

Metrics Call Center Abandon rate Average Handle Time 52

Totango

OCTOBER 22, 2020

The type of submitted ticket is the most telling sign that an account might be inching towards an escalated state —a critical support ticket is an obvious sign that there is friction between the customer and the product, and it should be addressed as such. . The escalation stage the customer is at: . Drops In Usage.

Management 64

Management Morale Enterprise Accountability 64

SmartKarrot

NOVEMBER 4, 2020

It is a kind of customer satisfaction survey wherein a customer is asked to rate the effort they had to put in getting their issues resolved. Hence, customer satisfaction is higher for a low CES score. To measure the efficiency of any process, companies usually conduct this survey on most of its customers.

Customer effort 10

Customer effort Surveys Metrics industry standards 10

Lumoa

FEBRUARY 9, 2023

software bug fixes, wrong information corrected on the website) Product development decisions : reprioritizing things on the product development roadmap taking the feedback into account (e.g. more friendly behavior in customer service) Marketing to take the info into account in better targeting (e.g. Image by Retently.

Customer Experience 178

Customer Experience B2C Journey mapping B2B 178

SmartKarrot

APRIL 17, 2023

Customer satisfaction: Chatbots can improve customer satisfaction by providing 24/7 support and instant responses to queries. You can measure the ROI of chatbots by conducting customer satisfaction surveys and comparing the results before and after the implementation of the chatbot.

Chatbots 10

Chatbots Scripts Enterprise Personalization 10