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How to Build a Customer Retention Strategy

ProProfs Blog

Do you have a customer retention strategy? Companies focus on customer acquisition strategies, since increasing your customer count is the lifeblood of your business. But, customer acquisition won’t help, if you are unable to retain customers. Understand Customer Retention.

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How to Improve Customer Service (and How a Call Center Can Help)

Global Response

Quality customer service matters; just look at the numbers: 83% of customers are more loyal to businesses that respond to and resolve their complaints. And by increasing customer retention by a mere 5%, companies raise their profits between 25% and 95%. What do your customers think about your company?

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Your Game Plan for Customer Retention During Uncertain Times

ChurnZero

As businesses are thrust into uncharted territory, figuring out how to navigate customer retention strategies to minimize churn will determine their survival. For those who were unable to attend or would like a session refresher, below are the top takeaways for crafting your customer retention game plan. .

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4 case studies to prove the value of Net Promoter Score

delighted

For instance, high NPS scores positively correlate to customer retention, referral acquisition, and strong brand awareness. Net Promoter Score surveys measure customer loyalty by identifying customers as promoters, passives, and detractors. Promoters are those who answer 9 or 10 on an NPS survey.

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How to improve the customer experience for better customer retention in times of uncertainty — Part 2

delighted

Let’s dive into how to approach your customer experience program when everyone’s day-to-day has been so heavily disrupted. 4 guidelines for adjusting your customer experience program during market disruption. Many of our customers have asked whether it’s still appropriate to ask for feedback and how to go about it.

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Customer Success Management: An Essential Guide

JustCall

When implemented correctly, CSM can: Preserve and increase a company’s revenue Increase customer advocacy Drive profitability as well as growth More importantly, customer success software can seamlessly integrate with your company’s existing CRM/help desk/social media management software to provide an in-depth view of the customer.

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Utilizing Customer Journey Mapping to Enhance Service

Global Response

Gather data from surveys, customer feedback, web analytics, and other sources and compare it to your journey map. Does your map accurately show where customers tend to drop off? What are the most common places customers have positive and negative experiences? a map) for employees to reference and use.