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Guest Post: The Shocking Percentage of Customers Who’d Leave Your Business Due to Bad Service – and What You Can Do About It

ShepHyken

Customer service is essential to the loyalty of your clients. Loyalty leads to customer retention, and retention is vital for businesses because the cost of acquiring new customers is on average five times higher than retaining your existing clients.

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Developing a Hybrid Workforce? Here Are the Top Factors to Consider

aircall

Indeed, experts encourage companies to focus on team-building exercises to enhance loyalty and engagement in their remote workforce. However, the push towards a hybrid workforce will change the landscape of team-building exercises, which means that the activities companies regularly used before the COVID-19 pandemic will most probably change.

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Ebusiness: Focus on the Customer, Not on Your Bottom Line

aircall

The crucial importance of customer retention. If you’re running an ebusiness, be it for a service or product, you should be focusing on the customer, rather than on your bottom line. Simply that there are other ways to achieve success than to put the emphasis on sales and customer acquisition, namely putting the customer first.

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What is CSAT? Customer Satisfaction Score Definition & Measurement

Nicereply

A company’s ability to understand and optimize customer satisfaction directly impacts customer retention, advocacy, and ultimately, profitability. As a customer experience professional, you’re at the forefront of this battle for consumer loyalty and satisfaction.

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Customer experience vs. customer relationship: What’s the difference? 

Method:CRM

Significant customer interactions mean your buyers view your brand positively and increase the likelihood that the customer will come back in the future. To understand a good customer experience, you must first identify how a bad one looks. Unfriendly employees who do not understand customer needs.

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How to enhance customer experience: 8 actions to take

Method:CRM

Incentivize customer loyalty. It’s a fact that customer retention is cheaper than customer acquisition, which is why fostering loyalty is essential. Promoting customer loyalty makes them feel they’re an essential part of the company and rewards continuous support. Show genuine customer appreciation.

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3 Major Customer Service Mistakes and How to Fix Them

aircall

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.