CSM Magazine

JUNE 19, 2022

In each case, it’s easy to see how a customer might feel they have to try too hard to do business with you. High customer effort often means bad customer experience. Bad customer experiences obviously damage existing customer relationships, but they can also endanger potential opportunities and erode your bottom line.

Customer effort 98

Customer effort First call resolution Scripts Chatbots 98

The Northridge Group

MARCH 21, 2022

Repeat calls drive up operational costs, create a negative customer experience, and can lead to increased customer churn. Focusing on First Call Resolution (FCR) is critical for Contact Center success. However, to reduce repeat calls, it is essential to figure out what is driving them in the first place.

Wireless 110

Wireless Analytics Average Handle Time Contact Center 110

BlueOcean

OCTOBER 6, 2020

Total Value Returned Rate is a key metric that also has to be tied to customer retention. It doesn’t matter how much equipment your team is able to retrieve if they cost you the lifetime value of that customer in the process. one that mitigates against frequent channel switching) actually improves customer retention rates.

outsourcing 62

outsourcing Customer Care Metrics Contact Center 62

aircall

NOVEMBER 29, 2016

However, remaining blind to the faults of your customer service strategy can mean a real hit for customer satisfaction, customer retention, and thereby for your business’ success. This article will look at three major customer service mistakes common to many businesses, and explain how to avoid them.

Customer Service 88

Customer Service Customer retention Metrics First call resolution 88

Pointillist

JUNE 15, 2018

Much of the marketing world is still focused on customer acquisition, but to improve customer retention will yield f ar better ROI and cost about 5-25X less than customer acquisition. What is Customer Retention? Why Customer Retention Matters. My Customer Retention ?

Customer retention 110

Customer retention Analytics Airlines Personalization 110

NobelBiz

FEBRUARY 22, 2023

They also enable you to objectively identify the best performing agents using key performance indicators (KPIs) such as wait times and first call resolution rates for support agents or closing rates and deal value for sales representatives. There are two types of customer analytics, historical and predictive.

Analytics 52

Analytics Call Center Big data Contact Center 52

Tenfold - Contact Center Blog

JULY 9, 2018

It is a direct reflection of an agent’s and a center’s capacity to solve problems, answer questions, and provide needs the very first time a customer calls. Simply put, it’s getting it right the first time and reducing customer effort. Customer Retention & Churn Rate. 5% or lower.

Metrics 78

Metrics Call Center Schedule adherence Abandon Call 78