GetFeedback

DECEMBER 21, 2018

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.

Customer Retention 390

Customer Retention Net Promoter Score Poor Customer Service B2B 390

SurveySensum

JUNE 29, 2023

A company, despite investing heavily in marketing and advertising, struggles to retain its customer base and faces a decline in sales. Well, here’s a startling statistic to ponder: 82% of customers stop doing business with a company due to poor customer service. Sound familiar?

Customer Satisfaction 52

Customer Satisfaction Marketing Exceptional Customer Service Social Media 52

Retently

JULY 25, 2018

Companies that provide poor customer service can lose up to $75 billion – all because their clients don’t get the satisfaction and experience they want, which is usually because no company department is assigned to manage this business aspect. Unhappy Customers Shouldn’t Be Underestimated. “If

CEM 80

CEM Customer Experience Social Media NPS 80

Magellan Solutions

OCTOBER 19, 2020

For example, you can ask your target market about how your competitors can make their products or services better. Once you’ve analyzed their answers, it will be easier for you to figure out what you can add or enhance so you can meet customer expectations. Questions to ask existing customers. To improve customer service.

Marketing 52

Marketing Survey Competitive Advantage Call Center 52

SurveySparrow

JUNE 20, 2023

The first section highlights the importance of customer satisfaction by showing how negative experiences can lead to lost customers and revenue. The second section demonstrates the value of customer retention , indicating that it can be a more cost-effective strategy than acquiring new customers.

Customer Satisfaction 52

Customer Satisfaction Loyalty Net Promoter Score Loyalty Programs 52

Integrity Solutions

OCTOBER 5, 2022

In one recent study , among many with similar findings, 78% of respondents said good customer service is fundamental to earning their loyalty and business. And retaining those customers is serious business: Just a 5% increase in customer retention can produce more than a 25% increase in profits.

Culture 86

Culture Customer Service Customer Service Training Contact Center 86

Integrity Solutions

SEPTEMBER 28, 2023

To create a true customer service culture where, by definition, customer needs are not just met but exceeded, customer-facing teams need to view customer service and sales as one and the same. Customers expect to have their needs and opportunities looked out for. Customers want empathy.

Customer Service Training 107

Customer Service Training Training Customer Service Contact Center 107