ShepHyken

JANUARY 16, 2017

Each week I read a number of customer service articles from various online resources. I have added my comment about each article and would like to hear what you think too. 5 Stages to Building Customer Loyalty by Melissa Gonzalez. 4 Ways to Increase Customer Loyalty Now and for the Long Haul by Heike Young.

Customer Service 218

Customer Service Customer retention B2C Contact Center 218

Totango

JANUARY 26, 2021

Read on to learn what churn is, how an attrition analysis can help you pinpoint why you’re losing customers, and what steps you can take to prevent customer churn. What Is Churn Rate and How Does It Relate to Customer Retention? Poor Customer Fit. Take demographic data about customers into account.

Customer retention 89

Customer retention Sales Marketing Big data 89

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. Update Customer Knowledge Bases. This is shocking.

Customer retention 97

Customer retention Chief Customer Officer SaaS Accountability 97

Totango

APRIL 30, 2021

Comparing the cost of customer retention versus customer acquisition underscores why retaining clients is so important. Here’s how to calculate both kinds of costs and why retention should form part of a profitable business strategy. Calculating the Cost of Customer Acquisition. The result is your average CAC.

Customer retention 63

Customer retention Advertising Engineering Upselling 63

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

TeamSupport

SEPTEMBER 16, 2020

In Part 1 and Part 2 of this blog series based on the whitepaper co-produced by ServiceXRG and TeamSupport, we introduced the concept of how to position the investment in customer support as a strategic value aligned to current business practices and target outcomes, and about the evolving role of B2B customer support.

B2B 89

B2B Customer Support Strategic Value Customer retention 89

ShepHyken

JANUARY 28, 2022

This week we feature an article by Joy Gomez, founder of Field Promax , a company that helps organizations streamline and standardize their workflow, manage teams, communicate with customers, process work orders digitally, and grow their business. Customers play a crucial role in establishing the position of a business in the market.

CRM 173

CRM Sales Feedback Customer Support 173

ProProfs Blog

FEBRUARY 7, 2020

Everyone says that customer support used to be easy. For an 18th century blacksmith, the questions and concerns from customers were pretty simple. At least it was obvious that customers would simply walk to the store whenever they needed support. . Customer support is not rocket science.

Customer Support 160

Customer Support Surveys Inbound sales Construction 160

JivoChat

JULY 20, 2021

People have a lot of options these days, so if you don’t have good customer retention strategies , your business won’t be as stable or profitable. It costs five times as much to win a new customer as it does to retain an existing one. In this post, we’ll reveal why you should start focusing on customer retention and when.

Customer retention 52

Customer retention Gamification Education Self service 52

ChurnZero

JULY 7, 2020

Most people would say a great product or an aggressive marketing and sales strategy. Even though this is partly true, the reality is that happy customers make successful businesses. The better the service, and the more customer-centric your business is, the more likely it is to succeed. Build a Great Infrastructure.

Customer Support 90

Customer Support Education Customer retention Feedback 90

JustCall

MAY 14, 2020

But the operation that is facing the most critical hit is – Customer Retention. Customer acquisition has become more difficult than ever. And businesses have shifted their focus towards Retention. But are you still sticking to the old-fashioned customer retention strategies?

Customer retention 52

Customer retention Journey mapping Education Feedback 52

Lumoa

OCTOBER 20, 2022

And this requires looking at things from the customer’s perspective, understanding their needs and wants, and going above and beyond to meet them. This article will explore the key components of customer experience and how you can use them to scale your business. A Good Customer Experience Builds Customer Advocacy.

Customer Experience 122

Customer Experience Banking Customer retention Customer advocacy 122

JustCall

MAY 14, 2020

But the operation that is facing the most critical hit is – Customer Retention. Customer acquisition has become more difficult than ever. And businesses have shifted their focus towards Retention. But are you still sticking to the old-fashioned customer retention strategies?

Customer retention 52

Customer retention Journey mapping Education Feedback 52

ShepHyken

OCTOBER 4, 2019

This week we feature an article by Dwayne Charrington who writes about how to engage your customers in personalized, meaningful, and relevant ways. Customers, employees, lead generation, or profit. Well, the best answer is customer engagement. No business can survive without engaging its customers.

Benchmark 299

Benchmark Feedback Customer retention Personalization 299

Nicereply

SEPTEMBER 29, 2020

People love proactive support too: 87% of U.S. Companies using a proactive approach saw an increase in customer retention rates of 3-5%. The process of switching from reactive to proactive support can feel overwhelming, so we’ve put together five tactics to make it less stressful. There are fiscal benefits, as well.

Customer Support 64

Customer Support Education Customer retention Engineering 64

JivoChat

APRIL 8, 2021

Customer engagement tools are the key to a profitable customer experience. In this article, we’ll learn about the importance of user engagement in modern business. There are many benefits of customer engagement tools, as they can help your company do the following: Boost Sales and Revenue. Source: JivoChat.

Sales 52

Sales Chatbots Brand ambassadors Surveys 52

Nicereply

MAY 14, 2019

Strong communities form an important part of customer retention strategy, because they keep customers coming back for more. Let’s contrast a community strategy against traditional sales tactics. A big reason why customers can feel hostile to sales tactics is because they don’t think they are getting enough in return.

Sales 76

Sales B2C B2B Customer retention 76

NobelBiz

NOVEMBER 13, 2023

As businesses prioritize customer satisfaction, understanding the nuances of measuring Customer Experience Return on Investment (CX ROI) has emerged as a strategic imperative. To learn more, read this article on What is The Call Center Net Promoter Score NPS – and How to Improve It? Call center recording. Monitoring calls.

Customer Experience 111

Customer Experience Contact Center Call Center Revenue potential 111

ShepHyken

JANUARY 31, 2020

This week we feature an article by Pem Brooke, Marketing Manager of SuperStaff. Pem discusses the importance of shifting customer service tactics in order to cater towards customers from each generation. The key to dealing with the Matures is to up your personalization when providing customer support. Conclusion.

Customer Service 277

Customer Service Entertainment Marketing Customer Support 277

TechSee

JUNE 16, 2022

Whether they need help setting up a new device or to repair a damaged product, the way in which these interactions are handled are at the heart of customer satisfaction. He’s the CAO (Chief Amazement Officer) of Shepard Presentations and leading international authority on customer service, CX, and loyalty in business.

Customer Service 251

Customer Service Chief Customer Officer Contact Center Consulting 251

ShepHyken

JANUARY 31, 2020

This week we feature an article by Pem Brooke, Marketing Manager of SuperStaff. Pem discusses the importance of shifting customer service tactics in order to cater towards customers from each generation. The key to dealing with the Matures is to up your personalization when providing customer support. Conclusion.

Customer Service 268

Customer Service Entertainment Marketing Customer Support 268

Totango

SEPTEMBER 20, 2022

Here we’ll walk you through the essentials you need to know to harness customer enablement to increase B2B and SaaS sales. First, we’ll define what customer enablement is. Then we’ll look at the benefits of customer enablement and how it mutually supports sales enablement strategies.

B2B 82

B2B SaaS Education Brand ambassadors 82

ProProfs Blog

JUNE 5, 2020

The more customers leave, the less your business grows. With customer retention being the primary driver of companies’ revenue, churn lowers your profits by far. Or, feel free to use numbers instead of percentages to calculate your customer churn. Reasons for the Customer Churn.

Customer Service 136

Customer Service Chatbots Customer retention Feedback 136

Fonolo

MAY 16, 2019

It’s no surprise: on the surface, the two departments and their goals seem distinct from one another: Marketing is all about customer acquisition (or, attracting new customers), while customer service is all about customer retention. So, how exactly does custom service feed into marketing?

Marketing 124

Marketing Customer Service Advertising Customer retention 124

ChurnZero

FEBRUARY 23, 2023

In other words, it’s far easier to convince someone who already knows, likes and trusts you to buy more—than it is to reach, educate and convert new customers—in a time when most budgets are under scrutiny. Further, additional sales with existing customers have a lower customer acquisition cost (CAC).

Management 52

Management Customer retention Upselling Chief Customer Officer 52

ChurnZero

FEBRUARY 23, 2023

In other words, it’s far easier to convince someone who already knows, likes and trusts you to buy more—than it is to reach, educate and convert new customers—in a time when most budgets are under scrutiny. Further, additional sales with existing customers have a lower customer acquisition cost (CAC).

Management 52

Management Customer retention Upselling Chief Customer Officer 52

Call Experts

SEPTEMBER 15, 2022

Whether the line was busy or didn’t offer after-hours support , this can be frustrating and cost your company money. In this article, we will dive into customer service. Improve Customer Retention. One of the most common mistakes companies make is ignoring the importance of customer retention.

Customer Service 52

Customer Service Average Handle Time Customer retention Metrics 52

Lumoa

NOVEMBER 17, 2022

E-commerce sales are now projected to reach $7.4 Companies should aim to meet their customers’ expectations by continuing to fine-tune their customer experience (CX) programs. Customer Experience in E-commerce Trend Predictions for 2023. Multiple customer support options. Chatbot Customer Support.

Customer Experience 83

Customer Experience Chatbots Feedback Customer Support 83

SmartKarrot

APRIL 22, 2022

However, customer acquisition is something that demands focus! Customer retention is a particularly important concept where businesses use different strategies to retain their existing customers. B2B companies will have to bank on customer retention as a key strategy to achieve long-term growth.

Customer retention 10

Customer retention B2B Banking Finance 10

Totango

AUGUST 23, 2022

By charting the points in your SaaS customers’ journeys, you can plan how to deliver clients’ desired outcomes and satisfying experiences that promote subscription renewals and higher revenue. In this way, customer journey B2B touchpoints serve as a powerful tool for increasing the effectiveness of your customer success strategy.

B2B 115

B2B Journey mapping SaaS Engineering 115

Nicereply

MAY 11, 2022

This is why having an effective customer success team is vital to your business. In this article, let us explore some tell-tale signs that your customer success team dynamics need to change for the better. 1. Reduced customer renewals. As for your customer support team, it is no different. No problem.

Customer retention 96

Customer retention Customer Support Feedback Metrics 96

Nicereply

FEBRUARY 2, 2024

Users now have more options than ever before and businesses have to work harder to retain them as customers. By implementing effective customer success initiatives, you can help customers gain maximum value from your product, thus increasing customer happiness. What is Customer Success?

Education 59

Education Accountability Customer retention Journey mapping 59

Totango

FEBRUARY 11, 2022

Because of these factors, B2B sales and renewal cycles may be longer than their B2C counterparts. In today’s digital environment, B2B customer experience is driven by online and mobile interactions with brands. Why Take B2B Customer Experience Seriously? Deliver Satisfying B2B Customer Experience to Increase Customer Retention.

B2B 107

B2B Customer Experience B2C SaaS 107

JustCall

JANUARY 23, 2024

WhatsApp is an ideal channel in the present market, where you can register, track, and resolve customer complaints. However, if you don’t have a distinct ticketing system set up on WhatsApp, you may find it difficult to keep up with customer expectations. WhatsApp tickets let you reach customers on the platform of their convenience.

APIs 52

APIs Chatbots Multichannel Accountability 52

CSM Magazine

NOVEMBER 10, 2023

This article will examine the ways in which businesses can earn high-quality reviews and use insights from the rapidly-evolving gambling industry. It’s important to note that individuals who have negative experiences are far more likely to write a scathing review than happy customers are to write a positive one.

Feedback 52

Feedback Customer Support Customer retention Enterprise 52

Comm100

APRIL 10, 2024

AI is reshaping countless industries and services, and customer service is one such area that is changing for the better. Its main benefit is in allowing organizations to provide predictive support to their clients, catering to their needs 24/7 to address their concerns proactively.

Customer Service 74

Customer Service Chatbots Analytics Big data 74

Babelforce

MARCH 18, 2021

Many people think of it as a tool mainly used in cold sales calls and – even worse – spam. When used correctly, it can be an effective use of both your business’s and customer’s time. This article will explore how. . Outbound calls are used in sales, customer support, lead generation, market research, and more.

Outbound sales 52

Outbound sales Customer retention Interactive Voice Response Contact Center 52