Remove Brand ambassadors Remove Customer retention Remove Customer Service Remove Self service
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Key Customer Retention Strategies for Alternative Lenders

CSM Magazine

It is not enough to attract new customers to your services. Customer retention is even more important than customer acquisition. More than that, customer retention is the best form of marketing. Clients who recommend your services to others make the best ad. Keep Clients in a Feedback Loop.

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Customer Retention Strategies: 16 Methods for Retaining Customers

JivoChat

People have a lot of options these days, so if you don’t have good customer retention strategies , your business won’t be as stable or profitable. It costs five times as much to win a new customer as it does to retain an existing one. In this post, we’ll reveal why you should start focusing on customer retention and when.

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Guest blog: 5 Customer Experience Trends for Financial Institutions in 2023

Comm100

For example, you can teach your customers how to save or build a good credit mix that matches what 90% of lenders in the market use to make credit decisions. Doing this sends a message that you value your customer. More self-service choices for the savvy clients Your customers are different.

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10 Practical Ways to Improve your Online Customer Service

REVE Chat Blog

companies lose more than $62 billion annually due to poor customer service.”. In order to retain your customers delivering consistent experience is imperative. Businesses that build a strong customer experience strategy can reap the benefits of repeat business and develop a loyal customer base.

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The Benefits of a Customer Service Knowledge Base

Solvvy

What is a Customer Service Knowledge Base? To build strong relationships with your customers, you must be transparent and provide information. A customer service knowledge base gives you an easy way to provide tips and guidance to educate your users or customers. Contributes to Consistent Customer Service.

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How Poor Customer Service Is Hurting Your Entire Business

aircall

Some companies consider customer service to be mere damage-control at best, and a cost center at worst. However, providing poor customer service is no longer an option, regardless of the quality and price of your product or service. The perils of poor customer service.

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Why You Need to Measure Customer Experience in Your Contact Center

Playvox

What’s worse, without customer experience metrics in place, is that you won’t know until it’s too late. At that point the impact of customer frustration will already be hurting your bottom line. But to get to this level of service excellence, you may need to rework contact center operations to focus on enhancing CX.