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Kindness, Customer Retention, and the Contact Center Agent

Call Center Weekly

By Sean Hawkins By definition, customer retention is the activity an organization undertakes in order to reduce customer from leaving the business relationship. Most often though, it is the contact center that interacts with those customers who wish to leave. Some may see this as a loyalty initiative, but I don't.

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5 Strategies to Improve Customer Retention With Social Media

GetFeedback

Although customer retention is cheaper than acquisition, it’s easier said than done. It takes a lot of commitment and dedication to get customers to stay loyal to your business. In this article, we are going to talk about how to use social media to attract and retain customers. But how do you keep customers from leaving?

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6 Key Factors to Improve Customer Retention

aircall

Many look to the company for ways to improve customer retention. Email: Ring’s Secret to Improve Customer Retention. For one thing, it sends new customers emails to share tips on properly setting up the product. However, Ring is not the only company to reap the rewards of its stellar customer retention strategies.

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Crafting Craveable Customer Experiences

Interactions

We all know that customer experience (CX) is not just about resolving queries; it’s about creating memorable and magical engagements that leave a lasting impression. Brands that prioritize CX outperform their competitors in terms of revenue, customer retention, and profitability at every turn.

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

Comm100

To drive business, attract new clients, and retain existing ones, financial institutions must invest in improving their customer experience. One of the best strategies to achieve that is tracking and keeping up with emerging industry trends. What is Customer Experience in the Financial Industry?

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Customer Retention or Customer Acquisition? It’s Not Even Close.

CSR Inc.

Let’s face it – a customer knows your brand and is already familiar with your products and services, so – while not effortless – keeping them as a customer has to be easier right? According to studies done by Bain & Company, increasing customer retention by 5% can lead to an increase in profits of 25% to 95%.

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Why Customer Service Management Is So Crucial to Your Business

CSM Magazine

The more emphasis you place on the experience a person has with your brand can yield higher ticket sales, future revenue, and referrals to your offerings among the customer’s sphere of influence. Providing a remarkable customer experience regardless of the industry will provide future growth opportunities for your business.