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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

The Importance of CRM Databases in Competitive Analysis Customer Relationship Management (CRM) databases are essential tools for storing and tracking customer information, interactions, and sales history. Could your company fill this void with exceptional customer service and thereby win over disenchanted consumers?

Analysis 260
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Does a lack of human interaction cost businesses money?

Vonage

The rising cost of poor customer service. A recent study by NewVoiceMedia explored the impact of poor customer service on profits. It revealed that a failure to meet customer expectations convinced 49% of consumers to use a competing product or service.

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7 Proven Solutions to Address Customer Service Gaps

CSM Magazine

In a competitive market, stellar customer service stands as the cornerstone of a thriving business. As a matter of fact, 49% of customers have left a brand due to poor customer service , as revealed in a study back in 2021. Note that most of these customers were once very loyal to the brands they supported.

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Build Revenue with These Proven Customer Retention Strategies

Joe Rawlinson

Figuring out how to interpret and leverage data from your CRM system can be difficult to master and pass on to your entire team. You can find ongoing video training on data-driven tools and insights for Infor CRM. Tracking Customer Behavior. A robust CRM platform is just the first step in collecting and analyzing sales data.

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Seven technologies to improve customer service in SMBs

Vonage

The one thing which hasn’t changed is that it’s the experience you offer customers that really differentiates you from the competition. And with technological developments ranging from mobile connectivity to speech analytics, businesses have more opportunities to enhance this experience than ever before. Customer Experience 3.0

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Delivering Excellence: Inbound Support Services Best Practices

Magellan Solutions

Heads up: Two-thirds of customers will IMMEDIATELY QUIT doing business with a brand if that brand provides POOR CUSTOMER service ! Consequently, this means decrease in loyal customers and eventually profit loss. Employ personalized communication strategies tailored to each customer segment. Prevention.

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What is a feedback loop and how does it work?

Thematic

This makes it easier for you to gain a more comprehensive understanding of your customer's experience. You can choose to analyze your data manually, or by using feedback analytics software like Thematic. They're on the front lines, helping to maintain consistency in providing an excellent customer experience.