TechSee

MAY 1, 2022

Typically, the NPS measures how likely the customer is to recommend the organization’s service to a friend or colleague and is less valuable for areas to target for improvement. Customer Retention Rate. Customer Retention Rate measures how many existing customers stay with a company over a given period.

Customer Experience 109

Customer Experience Surveys Benchmark Feedback 109

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. Next, figure out how to benchmark your numbers. Is there an industry standard?

Surveys 75

Surveys Customer retention industry standards Benchmark 75

Pointillist

NOVEMBER 11, 2019

You also need to know why First Call Resolution is important, along with standard benchmarks and emerging FCR trends. In essence, First Call Resolution is the ability to resolve customer issues on the first attempt, with no follow-up needed. Still, global research has revealed a standard benchmark for FCR of 70% to 75%.

First call resolution 74

First call resolution Call Center Metrics Benchmark 74

Education Services Group

APRIL 16, 2021

What is the ESG Customer Success Maturity Model? What do you gain when you have this 360-degree view of your Customer Success maturity? Well, we’ve already mentioned performance benchmarking – your ability to measure your CS abilities against other businesses like yours. Focusing your time and energy in the right places.

Chief Customer Officer 52

Chief Customer Officer Benchmark Metrics industry standards 52

Amity

JULY 13, 2016

He writes for entrepreneurs and startups on topics such as viral marketing, SaaS metrics, building a sales and marketing machine, techniques for lowering the cost of customer acquisition, etc. Glide Consulting - Glide helps VC-Funded startups and F100 companies optimize, leverage and accelerate their Customer Success teams.

SaaS 81

SaaS Best practices industry standards Consulting 81

ChurnZero

OCTOBER 22, 2020

These solutions are also relevant to companies with customer experience programs, and can be used to fill the gaps within their existing sales, marketing and customer support processes.”. When it comes to customer retention, there’s business-altering revenue at risk. There’s also the competitive aspect to weigh.

CRM 59

CRM Customer retention Technology Best practices 59

EPIC Connections

JUNE 26, 2019

Management teams focus on customer journey analysis, customer retention rates, average handle time and myriad other metrics, because contact centers and call centers are often viewed as cost centers. Use benchmarking reports to understand your current performance and compare it to industry standards.

Call Center 28

Call Center Call flow industry standards Contact Center 28