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6 Ways to Boost Customer Retention—and Stats to Know

Quiq

Marketing and sales consistently combine their efforts to attain the most customers at the lowest price. But few businesses dedicate as many resources to customer retention. Keeping customers happy and continuing to buy from your e-commerce business deserves (and often requires) as many resources.

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5 Top Customer Service Articles For the Week of May 25, 2020

ShepHyken

How to calculate your customer retention rate by Bryce Baer. Rather, consider it a key metric to guide and improve customer retention strategy and retention rate. I was glad to see this article, which includes the formula to measure customer retention. How to calculate your customer retention rate.

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Unlocking Success: CX Metrics That Define Customer Experience Triumph

Win the Customer

It typically involves asking customers to rate their satisfaction on a scale (e.g., Customer Effort Score (CES) CES assesses the ease with which customers can accomplish their goals when interacting with your brand. By reducing churn, you’re essentially retaining more customers and boosting long-term success.

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How to Retain More Clients: Benefits and Strategies

Totango

What is customer retention ? We’ll discuss what customer retention means as a concept, as a strategy and as a metric. And we’ll offer an eight-step path to increasing customer retention by following best practices and leveraging the power of automation. What Is Customer Retention?

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70+ Business Survey Questions You Should Include in Your Next Business Survey

ProProfs Blog

The collected information from a business questionnaire helps you form growth strategies by analyzing meaningful insights about market trends, employees, and customer behaviors. Customer satisfaction is one of the vital aspects that could make or break a startup/thriving business. Analyze Market Trends and Competitors .

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Customer Self-Service: Pros, Cons, Examples

TechSee

What is Customer Self Service? As customers have come to expect and even prefer do-it-yourself, online self-service options, businesses have embraced new technologies and trends to optimize the digital service experience. 4 Customer Self Service Trends to Empower Your Business.

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How To Preserve Your Contact Center QM Budget

Playvox

It’s a layered approach that gives you deeper insights into customer service to help you tackle immediate issues alongside long-term goals. With a full investment in quality management, your customer support center can keep KPIs, customer retention, and revenue on track and become a mainstay of customer experience.