Remove B2B Remove Customer Service Remove Exceptional Customer Service Remove Poor Customer Service
article thumbnail

Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

Its lean and straightforward formula for measuring customer contentment has made this metric a veritable “gold standard” in the customer experience space. According to CustomerGauge’s 2022 report , NPS sports an impressive 41% trust rating among B2B businesses – higher than any other rating system of its kind!

NPS 208
article thumbnail

Guest Blog: How Should You Grow and Sustain Your Customer Lifetime Value?

ShepHyken

Sustain Your Customer Lifetime Value Through Exceptional Customer Service. How do you get your customers to keep coming back? The answer is to simply provide outstanding customer service. As a matter of fact, 97 percent of consumers say customer service is a big factor when it comes to brand loyalty.

article thumbnail

50+ Customer Retention Statistics You Should Know

ProProfs Chat

Customers are 4X more likely to buy a product from your competitor if they offer better customer service. Investing in customer service goes a long way in bringing in new customers and ensuring your current customers come back. If your business isn’t customer-centric, customers will leave your brand.