Nicereply

JULY 31, 2023

Not surprisingly, 96% of customers say customer service is important in their choice of loyalty to a brand. And — according to research from Bain & Company and Harvard Business School — an increase in customer retention by 5% can improve profits by 25–95%. Use clear and concise language 2.

Surveys 52

Surveys Feedback Customer effort Customer Support 52

Nicereply

JULY 31, 2023

Not surprisingly, 96% of customers say customer service is important in their choice of loyalty to a brand. And — according to research from Bain & Company and Harvard Business School — an increase in customer retention by 5% can improve profits by 25–95%. Use clear and concise language 2.

Surveys 98

Surveys Feedback Customer Support Wireless 98

Netomi

MARCH 27, 2022

In Economy airline travel , there’s no expectation for a glass of champagne before takeoff. When measuring CSAT, it’s important to understand the different circumstances of your individual customers to glean actionable insights. Customer retention is fundamental to a thriving business. Banks: 80% . Airlines: 74% .

Airlines 93

Airlines Benchmark Surveys Customer Support 93

ProProfs Blog

MAY 31, 2019

For a business organization, having a loyal customer base is essential for success. Because: Keeping an existing customer costs up to five times less than winning a new one. Increasing customer retention by just 5% boosts your profits by 25-95%. 20% of customers are typically responsible for 80% of a company’s revenue. #

Customer retention 99

Customer retention Metrics Surveys Airlines 99