Remove Big data Remove Customer retention Remove Marketing Remove Sales
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Technology Based Solutions to Enhance Customer Retention Strategies

TechSee

It is well known that the acquisition costs of converting new customers far outweigh the cost of maintaining current customers, further motivating companies to find and implement innovative customer retention strategies. Technology – key to successful customer retention strategies.

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Deploying Big Data to Improve The Purchase Experience

CSM Magazine

Focusing on that penultimate step, purchasing, is important, as it’s when customers will choose to open their wallets: Forbes estimates that 86% of consumers are willing to pay more if their experience has been positive. Fine-tuning this part of your customer experience is best achieved through the use of big data.

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Proactive Churn Prevention Promotes Customer Retention

Totango

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? What Is a Customer Churn Analysis? Poor Customer Fit.

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Predictive Customer Service: AI’s Role in Anticipating Needs

Comm100

In terms of customer service, this technology drastically improves on traditional methods such as obtaining customer feedback through online surveys, for example. This monitoring activity can be applied to all channels, including social media, company websites, email, chatbot conversations, and customer support tickets.

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Understanding Customer Success: Growth Driven by the Customer-Centered Economy

Totango

Strategy for customer success growth has changed as commerce has gone digital and big data has made marketing and sales customer-centric. Tell people about your business, get them in the store, sell them things, then look for more customers. Elements that Drive Customer Success Growth.

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The Vcare Top 50 Customer Care Influencers

Vcaretec

Customer Care & Contact Center Influencers Mike Aoki Bio: Contact center expert and trainer for Agents (customer service, dealing with "irates," sales skills) and Managers (coaching, presentation skills). I tweet about customer focus, leadership, IT, and tech. Market research & trends, best practices, tech.

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13 Customer Service Trends of 2023 that Experts Are Talking About

JustCall

Leveraging Social Media and Digital Channels for Customer Service Social media platforms such as Twitter, Facebook, Instagram, and YouTube play an increasingly important role in marketing, advertising, and customer service. Companies must approach analytics with clear objectives and focus to avoid getting lost in the data.