Remove 2014 Remove Customer Expectations Remove Customer Retention Remove Wait Times
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Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

Before we dive into our remedies, let’s take a look at some of the root causes that could be behind your score going south: Inadequate or Poor Customer Service Many customers tend to be unforgiving if their support experience isn’t up to scratch. But the damage doesn’t stop there.

NPS 208
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What Do Companies With Low Net Promoter Score Have in Common?

Retently

First, poor service can and will hurt your customer relationships. The second is that taking a short-term approach to retention, as Comcast and other brands did by using aggressive customer retention tactics, will likely backfire. In 2013, McDonald’s recorded the longest waiting time at its drive-thrus.

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5 Top Customer Service KPIs for Telecom Companies

Kayako

It turns out that telecom customer service is a critical variable. Almost 40% of those who left a telecom company did so because of poor customer service. In today’s world, customers expect more personalization and almost instant solutions. 70% of consumers choose companies that deliver excellent customer service.

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100+ Customer Service Statistics & Facts of 2019

ProProfs Chat

Attracting a new customer is 6-7 times more expensive than retaining a current one. A 5% increase in customer retention can produce 25% more profit. Increasing customer retention rates by 5% boost profits by 25% to 95%. 34% of companies are implementing “customer journey mapping” into their customer service.