Remove 2023 Remove Customer Expectations Remove Exceptional Customer Service Remove Loyalty Programs
article thumbnail

9 Strategies to Improve Customer Retention Rate in 2023

SurveySensum

This shows the high cost of customer acquisition and how, at times, businesses fail to recoup their initial investment. In contrast, Company B chose to focus on retaining its existing customer base by introducing loyalty programs. Businesses must prioritize personalization to meet these expectations effectively.

article thumbnail

Quick Tips to Create a Customer Satisfaction Strategy

SurveySensum

Through initiatives such as fast and reliable shipping, easy returns, personalized recommendations, and exceptional customer service, Amazon has positioned itself as a leader in delivering a positive customer experience. In the first quarter of 2023, Amazon reported a significant increase in net sales, amounting to $127.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Quick Tips to Create a Customer Satisfaction Strategy

SurveySensum

Through initiatives such as fast and reliable shipping, easy returns, personalized recommendations, and exceptional customer service, Amazon has positioned itself as a leader in delivering a positive customer experience. In the first quarter of 2023, Amazon reported a significant increase in net sales, amounting to $127.4

article thumbnail

How to Enhance CX in Retail With Customer Feedback?

SurveySensum

The issues could be – declining product or service quality, lack of personalized offers or incentives, diminished customer service experiences, increased competition offering better value, or changes in their own financial circumstances impacting spending habits. It’s a real pain, isn’t it? And guess what?

Retail 52
article thumbnail

A Comprehensive Guide to NPS in Retail

SurveySensum

And it’s not just a temporary trend – even two years later, customers are still embracing the convenience of online shopping. But just offering your products or services online isn’t enough anymore. Customer expectations have changed drastically, and businesses need to keep up if they want to stay competitive.

NPS 52