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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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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?

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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.

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Step by Step Guide: How Call Centre Outsourcing Works?

Win the Customer

In such a business, it is quite a daunting task to match up the level of requirement as per the customer’s expectations. Understanding the actual need of the customer can be conducted, only if your business executives are getting the vast idea about what your customer’s want. Call centre services.

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4 Efficient Ways To Improve Customer Experience and Loyalty

Win the Customer

In simple words, customers rarely remain loyal to brands that compromise on their experiences. Read on to learn more about what it takes to improve customer experience and loyalty. The first step to achieving this goal is to understand big data and knowledge management. X’ Refer to the customer by their name.

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Why Customers Churn and What to Do about It

aircall

It’s important to know that on average it’s cheaper and easier to retain existing customers than to acquire new ones. An increasing number of top executives are refocusing their efforts on toward customer retention. Let’s break down customer churn as well as what to do about it.

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The Future of Cognitive AI in Customer Experience

Answer Dash

The ability for companies to collect, store, and manage vast amounts of digital information has paved the way for big data to shape corporate strategy for a variety of departments. Which leads to another challenge surrounding cognitive AI—knowing what data to collect. Looking to Give Your Customers an Unbeatable Experience?