Remove 2020 Remove B2C Remove Customer Retention Remove Poor Customer Service
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40 Customer Retention Statistics You Need to Know

GetFeedback

Learn about the top two customer surveys for predicting and increasing customer retention. Anytime a customer cuts ties, you experience the negative impact of customer churn. Here are 40 customer retention statistics that reinforce the growing need for customer experience management.

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What a Customer First Strategy Means Post Pandemic

C3Centricity

89% of consumers have stopped doing business with a company after experiencing poor customer service. RightNow Customer Experience Impact Report. Walker forecast that by 2020, customer experience will overtake price and product as the key brand differentiator. Customers 2020 Report. CEI Survey.

Strategy 158
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How Your Business Can Quickly Adopt a Customer First Strategy

C3Centricity

74% of consumers have spent more due to good customer service (Source: Entechus.com). 89% of consumers have stopped doing business with a company after experiencing poor customer service. Source: RightNow Customer Experience Impact Report). Source: Customers 2020 Report). (Source: CEI Survey).

Strategy 149
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12 Proven Tactics to Increase Your Customer Lifetime Value (CLV)

Retently

Data reveals that one-third of consumers are likely to switch brands after a single instance of poor customer service. As such, it’s important to get customer service right. Better customer service equals a better customer experience. But what do you do about your existing customers?