InMoment XI

SEPTEMBER 12, 2023

In today’s cut-throat market, differentiating your brand is more important than ever. 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.

Analysis 260

Analysis Marketing Competitive Advantage Analytics 260

GetFeedback

DECEMBER 21, 2018

Great customer experience is a major competitive advantage that drives new sales—and it’s predicted to overtake price and product as the primary brand differentiator for B2B sales by 2020. Customer retention statistics: More than 6 in 10 U.S. of consumers are brand loyal because they love the product.

Customer Retention 390

Customer Retention Net Promoter Score Poor Customer Service B2B 390

CSM Magazine

FEBRUARY 24, 2023

Providing exceptional customer service is critical in building long-term relationships with customers and gaining their loyalty. In today’s competitive market, businesses that prioritize customer service have a competitive advantage over those that don’t.

Self Service 52

Self Service Customer Service Exceptional Customer Service Multi-Channel 52

Retently

MARCH 10, 2022

The other causes of customer churn lie in different stages of your customer’s relationship with you. To combat these areas, you need to influence the Customer Attraction, Engagement, Trial, and Conversion stages of your customer relationship. Poor Onboarding – results in 23% of average customer churn.

Self Service 148

Self Service e-support Poor Customer Service Customer Success 148

ijgolding

APRIL 21, 2015

These Days, it’s All About Competitive Advantage. Success in the marketplace today requires much more than innovative products and a strong brand identity. Customers are more demanding, products are often cloned or imitated and markets have become “commoditised.” Brand owners held the power. So, Why the Change?

B2B 120

B2B Competitive Advantage Customer relationships Customer Centricity 120

Stella Connect

NOVEMBER 23, 2021

The new key performance indicator for businesses of all sizes and industries is customer experience, and that’s why meeting customer expectations and needs is more important than ever. Brands that fail to do so risk losing half of their customers or more, when poor experiences arise, according to our research.

First Call Resolution 52

First Call Resolution Customer Service Effort Score Net Promoter Score 52

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? Not only this.

Customer Satisfaction 52

Customer Satisfaction Marketing Exceptional Customer Service Social Media 52