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Customer Survey Statistics: Everything You Need to Know

InMoment XI

For a $10 billion company, a modest shift in customer experience can result in $116 million reduction in churn and $103 million from word of mouth marketing. Source: Forrester ) 40% of customers start buying from a competitor because of their reputation for great customer service.

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Finding Product Insights in App Reviews: Chase vs. Simple Bank Apps

Thematic

I rarely visit a bank in person, but I use my bank’s website every week. I’m sure I’m not alone, and often wonder why every banking website I’ve used feels like the equivalent of walking into a building with torn carpet, flickering lighting, and a couple of leaky pipes overhead. Both banks. Ironically.

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Americans changing banks because of fees and poor customer service

Service Untitled

Market Watch issued a press release earlier today about studies done by Intellishop and Rate Watch citing credit unions and small community banks missing their market share of banking business due to sales efforts. It seems larger banks are more proactive. Surprisingly small banks and credit unions only lost 0.9

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Top 3 Customer Service Horror Stories Of 2022 And How To Offer Better Customer Experiences In 2023

The DiJulius Group

Poor customer service knows no boundaries and happens across all industries. And in this technological age, bad CX stories abound online with customers eager to vent about their worst customer service experiences so that potential customers can make informed decisions. Read Full Article.

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Crash and Churn: survey reveals the customer service fails that cause attrition

TechSee

Some turnover must always be expected – that’s the nature of competition, after all – but a high churn rate due to substandard customer service is unacceptable, and often entirely avoidable. It’s interesting to note that 62% of these customers canceled after an ongoing negative experience, while only 19% left after a one-time crisis.

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Dealing with the frustrations of poor customer service

Service Untitled

It’s no exaggeration that most of us have become truly frustrated by poor customer service at least once in our lives. Instead many of us have turned to retaliate against bad service via the use of blogs, Facebook, and Twitter. If the customer service person is not helpful, ask for the manager.

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Transportation Security Administration criticized for poor customer service

Service Untitled

It seems that even the TSA is under scrutiny as to their lack of customer service, and passengers who have encountered problems trying to navigate through the woes of 21st century airport security have a valid argument. Customer service, even at its most basic qualifier demands an individual be treated respectfully.