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40 Customer Retention Statistics You Need to Know

GetFeedback

It’s important for businesses to understand what contributes to churn in order to address those issues—and ultimately drive customer retention. Here are 40 customer retention statistics that reinforce the growing need for customer experience management. Customer Retention by the Numbers. RightNow ).

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State of Analytics In Customer Programs: Customer Loyalty Focus, Machine Learning Adoption and the Data Science Skill Gap

Bob Hayes

A new customer analytics survey of 80+ companies provides a look into the state of analytics in customer programs. Only 32% of respondents are satisfied with their company's use of analytics to create a competitive advantage. We studied 88 companies that have a formal customer program (e.g.,

Analytics 113
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Customer Experience in 2018: Trends and Statistics

Answer Dash

Customer Experience Capabilities “For 75% of B2B organizations and 40% of B2C organizations, customer experience management is still an immature capability with a fragmented, uncoordinated approach and no clear leader,” ( Gartner ). 32% of B2C CMOs see improving customer experience as a top three objective.

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12 Marketing strategy examples, plus tips

BirdEye

When you’re looking to grow your business, a marketing strategy will enable you to reach potential customers and effectively promote your products or services. Identify your competitive advantage : Define what makes you different from your competitors by highlighting your products or services’ unique selling proposition.

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Check out all the customer experience innovations from X4 2019

Qualtrics

X4 2019 saw over 10,000 of the world’s Experience Management leaders gather in Salt Lake City for the biggest XM event ever seen. Here’s everything you need to know about the latest CX innovations from X4 Summit 2019: World-class customer experience in the palm of your hand. See Smart Routing in action. Book a demo.

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We Asked 30 CX Influencers if They Would Recommend the Net Promoter System

Lumoa

You want to see a complete view of your customers, what's going on, trends, etc. to be able to identify actionable insights on which you can take action to improve the customer experience." Janne Ohtonen Director of Customer Experience Management at Openet. linkedin twitter Why ? linkedin Why? linkedin Why?

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Customer Experience Challenges According to 15 CX Experts

Lumoa

More brands will (and should) bring up customer feedback to the decision-makers in the company, and with the help of some new amazing technologies , we’re changing the way businesses see their customers. For larger organizations, the best path is to focus on the current experience while keeping an eye to the future.