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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

Competitive analysis offers you this lens. This article will walk you through how to conduct an effective competitive analysis, interpret the results, and turn those insights into actionable strategies. Preparing for a Comprehensive Competitive Analysis Before diving in, define clear objectives for your analysis.

Analysis 260
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Evolution of Customer Experience in E-Commerce 2023

Lumoa

In This Article: Customer Experience in E-commerce Trend Predictions for 2023 Offering a Personalized Experience Improving Customer Relationships with AI Chatbot Customer Support Data Collection Customer Satisfaction Analysis Training Employees to Improve CX Providing Quality CX During Consumer Inflation Key Takeaways.

e-support 208
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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 is a feedback loop and how does it work?

Thematic

Examples of positive feedback loops A positive feedback loop is when a company takes customer feedback and makes improvements. Once the improvements are in place, the process starts again, with analysis of user feedback to ensure the fix has hit the mark. Why are feedback loops important? If so, great - on to the next issue.

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What is Customer Attrition and Customer Attrition Rate

SurveySparrow

While customer attrition is a painful reality to face, it is important to understand that most customers will not remain with your business indefinitely. One such tool that can help improve customer relationships is SurveySparrow. As you may have guessed, Customer Attrition is the complement of Customer Retention.

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Customer Satisfaction Best Practices: Insights for Marketing Experts

SurveySensum

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?

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Find Your Ideal InMoment Alternative: A Detailed Comparison

SurveySensum

Not only that but with SurveySensum you get the best customer support in just 2 hours (which resulted in 98% customer retention. The Text Analysis feature enables users to derive actionable insights from open-ended feedback. Improve Your Customer Experience With SurveySensum Request a Demo