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The Best Way to Calculate Customer Retention and Keep Your Clientele

TLC Associates

Studies by Bain & Company show the effort to increase customer retention by 5% produces 25% additional profits through upsells, cross-sells, and customer referrals. It’s not a stretch to say your ability to retain customers reflects your ability to grow your bottom line. The Importance of Measuring Customer Retention.

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Measuring Customer Loyalty Through Data

Vcaretec

In our current digital era, where most barriers to entry have crumbled, and where many products and services are being commoditized, customer care and customer service represent a huge opportunity to differentiate for industry leaders. Get in touch with a Vcare Customer Care Expert today to discuss your customer service goals.

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Customer Satisfaction Surveys: Stop Guessing What Customers Care About

CSR Inc.

What Matters to Your Customers? Do your customers care if call center agents address them by name? If you don’t know, you should definitely find out – especially if you are training and measuring agents on a specific behavior such as using the customer’s name a few times. Does it make a difference?

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5 Top Customer Service Articles for the Week of September 4, 2017

ShepHyken

She took the time to interview ten CMO’s from some large and recognizable brands in a number of industries who share what customer experience means to them. Technology NPS Benchmarks by CustomerGauge. 10 Insights from Customer Care Experts & Influencers by CGS. No doubt that CX is a very, very high priority!

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Important KPIs for Measuring Customer Satisfaction

Fonolo

It’s important for all departments to have benchmarks for success that can be easily measured and tracked. Call center and customer service teams have a variety of KPIs to choose from, but as each company and support department is different, their benchmarks will vary. Quality of Customer Service. Twitter: @howethomas.

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Should You Outsource Your Contact Center?

Real Blue Sky

We see leading brands focusing on customer care as a center of excellence (COE), driving positive customer experiences, growth in customer loyalty, and improved profitability. Cost Savings Outsourcing your customer care operations can lower the direct costs of wages and benefits versus in-house (or captive) operations.

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3 Ways to Improve Your Fintech Customer Experience

JustCall

In this guide, we will explore the key issues that plague the FinTech customer experience and understand how to use communication tools to boost Fintech customer retention. Let’s jump right in.