ShepHyken

JANUARY 23, 2017

Are You Taking Your Customers For Granted? CustomerThink) What does your B2B marketing program have to do with your customer retention strategy? Let’s look at three ways you can use marketing and customer experience to engage your customers. by Mindi Rosser.

Customer Service 149

Customer Service Self service Customer retention B2B 149

Kayako

JULY 28, 2022

Data cited in a Harvard Business Review article shows a strong preference for self-service: Across industries, 81% of all customers attempt to solve their problems with self-service options before reaching out to a live representative. Why do people prefer self-service? So what is the answer?

Management 98

Management Customer Service Self service B2C 98

Anexa BPO

MAY 9, 2023

Taking a comprehensive look into some of the issues facing CX leaders exposes some problems that are demanding long-term solutions in order to deliver value both for the customer and the organization. Businesses must view self-service as a stand-alone product, worthy of its own investment, technology, and management.

Marketing 52

Marketing Self service B2C B2B 52

ChurnZero

AUGUST 31, 2021

For most B2B companies, Q4 means the time of contract renewals. It has become just as important, in the SaaS industry particularly, to work to keep existing customers as it is to chase down new leads. Customer retention and renewal are now crucial pieces of business growth. Email the Customer.

Customer retention 95

Customer retention Best practices B2B SaaS 95

ChurnZero

FEBRUARY 23, 2023

Further, additional sales with existing customers have a lower customer acquisition cost (CAC). That’s why ChurnZero believes customer retention and loyalty are the most important stages of customer lifecycle management. So, how can we improve customer retention and loyalty?

Management 52

Management Customer retention Upselling Chief Customer Officer 52

ChurnZero

FEBRUARY 23, 2023

Further, additional sales with existing customers have a lower customer acquisition cost (CAC). That’s why ChurnZero believes customer retention and loyalty are the most important stages of customer lifecycle management. So, how can we improve customer retention and loyalty?

Management 52

Management Customer retention Upselling Chief Customer Officer 52

JustCall

APRIL 5, 2023

The need for customer success management is fairly new and fast becoming pertinent. With an increasing number of B2B and B2C companies switching to subscription-based models, businesses are facing new challenges. Traditional customer support models will not cut it. out of 5 stars.

Management 52

Management CRM Analytics Customer retention 52

CSM Magazine

APRIL 13, 2021

Use Self-Service Knowledge Base for Customer Support. While focusing on customer acquisition is important, you should not forget about customer retention. The future revenue of your SaaS startup depends on building lasting relationships with your customers.

SaaS 52

SaaS B2B Self service Analytics 52

Education Services Group

MARCH 24, 2021

It starts with creating a self-service environment. But first, in the age of DIY, what exactly is self-service? What’s self-service? DIY, or well, self-service as we call it, is the future of customer retention in SaaS. So how do you build a self-service environment?

SaaS 52

SaaS Self service Feedback B2B 52

SmartKarrot

MARCH 17, 2022

B2B businesses need to reward their loyal clients frequently. While B2C loyalty programs are quite popular, B2B SaaS companies have to keep certain best practices in mind. B2B companies need to focus on driving revenue and sales while incentivizing existing loyal customers. What is a B2B Customer Loyalty Program?

Best practices 10

Best practices B2B B2C SaaS 10

Solvvy

JUNE 17, 2021

Automation and personalization also serve an important role in retention, sales enablement, and upsell opportunities. High-value customers should receive preferential treatment to maintain customer retention. Tiered support packages have become a revenue-generating and commonplace practice for many SaaS and B2B companies.

Personalization 71

Personalization Customer Experience Chatbots Upselling 71

ChurnZero

AUGUST 31, 2021

For most B2B companies, Q4 means the time of contract renewals. It has become just as important, in the SaaS industry particularly, to work to keep existing customers as it is to chase down new leads. Customer retention and renewal are now crucial pieces of business growth. Email the Customer.

Customer retention 52

Customer retention Best practices B2B SaaS 52

TeamSupport

APRIL 26, 2019

The constantly evolving landscape means that business-to-business (B2B) customers have all the power. Many are turning to emerging technologies and processes, like the ones below, to develop customer-centric strategies. How to optimize the B2B customer experience for a competitive advantage. Don’t wait to automate.

Customer Service 55

Customer Service B2B B2C Upselling 55

ProProfs Blog

JUNE 14, 2019

Great Customer Service Statistics. Customer Service Stats for Social Media. Rise of the Automation Industry & Self-Service. Build a Delightful Customer Experience With These Customer Service Statistics. A 5% increase in customer retention can produce 25% more profit.

Customer Service 135

Customer Service Self service Chatbots Virtual Agent 135

JivoChat

APRIL 28, 2021

A further benefit of proactive customer service is that it improves customer retention and loyalty. Customers would rather spend their money with a company that goes out of their way to meet their needs preemptively. In doing so, you can stand out from the competition and keep customers interested.

Customer Service 59

Customer Service Customer Experience Chatbots Self service 59

BlueOcean

OCTOBER 6, 2020

Well, in a B2B customer success model, measuring renewal rates holds your outsourced partner accountable to targets that are tied to revenue and retention. Total Value Returned Rate is a key metric that also has to be tied to customer retention. Are Your Customers Happy?

outsourcing 62

outsourcing Customer Care Metrics Contact Center 62

CSM Magazine

OCTOBER 5, 2022

It should have multichannel or omnichannel support for seamless communication between agents and customers. Self-service options. The third-party vendor must not only view consumer service as a means of assistance but also as a crucial part of enhancing your brand image. Social media. Community forums. About the Author.

outsourcing 52

outsourcing Customer Service Multichannel Business Process Outsourcing 52

CustomerSuccessBox

APRIL 7, 2022

The agenda of some of the companies might be to successfully deliver a value repeatedly and some go on thinking, how about increasing the CLTV or customer retention or even product adoption? And the astonishing part is just like online learning, the recording sessions with the customers are repeatable and self-serviceable.

SaaS 52

SaaS Customer retention B2B Self service 52

JivoChat

AUGUST 10, 2021

As we head into the back half of 2021 and 2022 looms ahead, you’ll see that digital commerce is being pushed to the forefront for both B2B and B2C consumers. These automated bots simulate human conversation and a preferred channel of communication for customers. Self-service options. Customer retention.

Customer retention 52

Customer retention B2C Chatbots Self service 52

Integrity Solutions

JULY 28, 2022

While contact center managers are understandably enthusiastic about the speed, convenience and reduction in human resource costs associated with self-service chatbots and machine learning, these tools and technologies have their limits. Contact Center Management: Missing the Forest for the Trees?

Contact Center 52

Contact Center Coaching Metrics Self service 52

Kayako

JANUARY 24, 2018

Navigate the trends: Customer-centric through a customer experience strategy. Self-service will become a form marketing. Business will be more customer-centric with a whole customer experience strategy. Blake Morgan, customer experience author, speaker, HBR and Forbes columnist. BlakeMichelleM.

Customer centricity 83

Customer centricity Customer Service Self service Chatbots 83

Callminer

AUGUST 6, 2019

For example, the business focus of the head of retail operations for a bank may be to increase customer retention and lifetime value. Keep customer trends in mind. Optimizing the customer experience is a great way to get new customers. How does AI help customer service agents? Keep things up-to-date.

call center software 140

call center software Best practices Call Center Interactive Voice Response 140

JivoChat

JULY 21, 2021

Why is customer relations important? For one, building customer relations saves money. It might cost fives times more to acquire a new customer than retain an existing client. This means that increasing customer retention by a mere 5% can result in profit increases of up to 95% , according to data from Small Business Trends.

Chatbots 52

Chatbots B2C CRM Customer retention 52

Lumoa

JUNE 14, 2023

Its lean and straightforward formula for measuring customer contentment has made this metric a veritable “gold standard” in the customer experience space. According to CustomerGauge’s 2022 report , NPS sports an impressive 41% trust rating among B2B businesses – higher than any other rating system of its kind!

Customer centricity 83

Customer centricity Airlines Metrics Feedback 83

VHT

NOVEMBER 13, 2018

Customers are forced to wait on hold because call centers are understaffed, they get tossed around from service rep to service rep, or their call drops and they have to start all over again. Imagine a frustrated customer requests a call after an unsuccessful self-service attempt on your website’s support pages.

Best practices 48

Best practices B2B Call Center Self service 48

Answer Dash

JULY 30, 2019

More than repeat buyer, it can also increase the global lifetime value of your customers which is even greater if you want to invest in acquisition then because it will increase your acquisition cost. Regarding B2B, great customer service leads to a shorter sales cycle which leads to a lower acquisition cost too.

Sales 70

Sales Customer Service Multichannel Customer retention 70

JivoChat

AUGUST 9, 2021

At its core, great service experiences are about building bonds with your customers. We’re talking about romantic partners and close friends, the B2B vendors you interact with on the job, even the barista at your favorite coffee shop. Personalized customer service improves customer retention.

Personalization 52

Personalization Customer Service B2B SaaS 52

JivoChat

AUGUST 9, 2021

At its core, great service experiences are about building bonds with your customers. We’re talking about romantic partners and close friends, the B2B vendors you interact with on the job, even the barista at your favorite coffee shop. Personalized customer service improves customer retention.

Personalization 52

Personalization Customer Service B2B SaaS 52

Nicereply

JUNE 20, 2019

Customers can easily jump ship to another brand without second-guessing if they have a poor experience with their current brand. Research has shown that a 5% rise in customer retention can boost a brand’s income by 75% and such retention is the outcome of quality customer experience. Self-Servicing.

Marketing 77

Marketing Chatbots B2C Self service 77

Mindtouch

APRIL 30, 2018

Customer-centrism starts with an understanding that its our customers in the driver’s seat. Kaiser Mulla-Feroze, Cloud and B2B Software Executive. Companies need to prove their worth if they wish to win their customer’s loyalty and continue to earn their business. – Kaiser Mulla-Feroze. Our takeaway?

SaaS 48

SaaS Upselling B2B Self service 48

JustCall

NOVEMBER 25, 2022

In order to create a true cloud customer care call center, Avaya OneCloud CCaaS offers voice and digital channel customer involvement in addition to sophisticated self-service automation and workforce productivity capabilities. In the B2B selling environment. An Intelligent Workforce Platform called Observe.AI

Analytics 52

Analytics Cloud contact Coaching Telecommunications 52

Help Scout

JUNE 22, 2021

An NPS Promoter score has a customer lifetime value that’s 600%-1,400% higher than a Detractor. 89% of consumers are more likely to make another purchase after a positive customer service experience. 93% of customers are likely to make repeat purchases with companies who offer excellent customer service.

Customer Service 129

Customer Service Personalization Self service Marketing 129

JivoChat

MARCH 31, 2021

They asked companies to say what they thought would be the single most exciting opportunity across both B2C and B2B industries. . Customer experience came out on top: Source. Improved customer retention. If you want to have more loyal customers, getting to grips with omnichannel customer experiences is the way to go. .

Customer Experience 52

Customer Experience Multichannel Metrics CRM 52

Education Services Group

OCTOBER 27, 2020

Quite eye-opening, I learned that 80% of B2B Sales interactions between suppliers and buyers will occur via digital channels by 2025. Digital Engagement is arguably one of the most critical pieces of a customer journey. To be Dynamic, technology investment is critical.

Education 52

Education Best practices Journey mapping Analytics 52

SmartKarrot

FEBRUARY 16, 2022

Not just brand loyalty, CX is a key factor when making purchase decisions, customer retention, and even word-of-mouth advertising. Considering this importance, we have brought a list of 75 customer experience statistics to you. These will help you efficiently create an excellent experience for your customers.

Customer Experience 10

Customer Experience B2B Advertising B2C 10

ChurnZero

APRIL 12, 2019

A: Customer Success teams are typically responsible for driving specific outcomes related to customer retention and growth of customer relationships. These teams are responsible for the tactical realization of value for the customer. That way you can dig into what are customers really thinking.

Customer centricity 14

Customer centricity B2B Surveys Feedback 14

SmartKarrot

NOVEMBER 2, 2020

Based out of Europe, it offers operational consultancy services to the evolving needs of the customer of today. Infinipoint is a customer success consultancy that optimizes customer retention and revenue. Its stellar strategies help the client to receive the highest retention. Customer Success Enablement.

Consulting 10

Consulting Consulting Coaching SaaS 10