article thumbnail

How to Make Customer Service A Competitive Advantage

TeamSupport

Customer service is a concept that can mean many things to different businesses. At the heart of it all however, serving the customer is what keeps a business running. Many are turning to emerging technologies and processes, like the ones below, to develop customer-centric strategies. Understand the customer.

article thumbnail

40 Customer Retention Statistics You Need to Know

GetFeedback

More and more, companies are recognizing just how much customer happiness impacts revenue , and they’re focusing on transforming their customer experience to meet modern expectations. Customer retention statistics: More than 6 in 10 U.S. 42% of respondents have left a business due to poor customer service. (

article thumbnail

50+ Customer Retention Statistics You Should Know

ProProfs Chat

Understanding the importance of customer service and how one bad experience can reduce customer retention is the starting step towards becoming a customer-centric business. 66% of customers agreed that they switched brands because of poor customer service. B2B Customer Retention Statistics.