Remove Customer centricity Remove Customer retention Remove Feedback Remove Presentation
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Customer Retention Optimization Strategies to Keep Customers Long-Term

Totango

When you retain a customer, you’ve won a valuable patron who will be far likelier to want future sales or try new products. . So, don’t focus solely on hunting up one-time customers. Apply a few key customer retention optimization strategies to build deep, lasting customer relationships. Be Proactive.

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How to Analyze Survey Results: A Guide to Mastering Customer Feedback Analysis

Lumoa

By understanding the key insights hidden within your survey data, you can address specific customer concerns, tailor your products and services to meet their needs and stay ahead of the competition. Unlocking the power of VoC feedback is vital to the success of any business. This feedback helps inform how they operate going forward.

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5 Signs You May Not Be As Customer-Centric As You Think You Are

PeopleMetrics

And yet, so many businesses claim that they have or aspire to have a customer centric culture - to become more customer-centric, to put the customer first, to be customer-inspired. Customer Centric Culture and Our Approach. We were looking to uncover the dimensions of customer-centric cultures.

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Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

Everyone from customers to investors and stakeholders will be wary of associating with a company that can’t seem to get its customer experience right. According to Harvard Business Review, acquiring a customer costs anywhere from 5 to 25 times more than retaining an existing one. But the damage doesn’t stop there.

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Best Practices for Customer-Centric Decision Making

PeopleMetrics

For example, here are some guiding principles and how they might translate to a bank's customer experience: Guiding PrincipleIn the customer experience, that means… "Make money matters clear."Avoid Know our customers."Listen Inspire customers to take the right action."Always Build mutual trust with our customers."

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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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Customer loyalty: A guide to building and measuring positive experiences 

delighted

And likely, if something in your customer experience with the brand has gone awry in the past, e.g., your order didn’t ship when they said it would or the item that arrived did not look like the item you ordered, the brand was eager to make it right – and in turn, that earned your loyalty even more. How do you measure customer loyalty?