Banking Consumers Poor Customer Service Social Media 
TechSee
OCTOBER 2, 2019
The days of long-term customer brand loyalty to brands are over. Today, consumer stickiness is far more dependent upon people’s specific experiences and the level of service they receive. This underscores the fact that churn plagues all verticals and customer retention strategies are critical to almost every industry.
Vonage
MARCH 2, 2017
The impact of this is highlighted in new research which estimates that UK businesses lose £12 billion every year as a result of poor customer service. For years companies have focused on making customer service as cost-effective as possible, rather than providing a genuinely valuable service.
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Joe Rawlinson
MAY 8, 2019
Whether they are high-end clients, repeat staples or one-off transactions, customers are customers, and all should be treated with the respect and benefit to your business that they deserve. Even if they cannot resolve the issue themselves, make sure they stay with the customer for as long as possible in the resolution process.
Magellan Solutions
NOVEMBER 15, 2023
However, as a business owner, are you willing to give up this crucial aspect, especially since studies show that around 54% of your customers may stop doing business due to poor customer service? One viable solution to this is opting for a shared call center service. Keep reading!
transcosmos Information Systems
JULY 24, 2016
Regardless of the industry your business belongs to, there’s no denying that customers are and will always be your company’s lifeline. Thus, providing superb customer service support should be on top of your priorities. With the continuous technological developments we have today, consumer behavior changes as well.
Service Untitled
NOVEMBER 19, 2013
In the world of social media, where consumers publicly speak out against poor customer service, it has been estimated that U.S. businesses can lose $60 billion in future sales of goods and services. So what enrages customers the most and how can we improve our services?
Ecrion
NOVEMBER 14, 2019
CCM is the short form of the phrase, customer communications management, and is designed to maintain superior communications between a business and its clients. Today it is used in almost every industry, but has a large focus in banking and manufacturing, because it works. CCM takes the angst out of customer support.
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