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Reduce Customer Churn with the Voice of the Customer (VoC)

Thematic

A focus on customer acquisition often overshadows the vital task of retention. A shocking 66% of consumers end relationships with companies due to poor customer service. This highlights a disconnect: Customers crave positive experiences, yet businesses sometimes must listen proactively. The consequence?

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ROI of Social Customer Service: How to Calculate It and Create a Strong Business Case

Natalie Petouhof

Tweet The phrase “customer service is the new marketing” has gained popularity with brands realizing that poor customer service takes current, and even potential customers, out of the marketing funnel. A strategy to meet the social customer care goals and objectives. Costs of Investment.

ROI 45
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The #1 Reason Most Voice-of-Customer (VoC) Data Are Wasted

Stella Connect

By that I mean immediately, right on the front line—where service teams are actively engaging customers. Case Study: Using VoC Data to Save the Customer Relationship. Approximately half of those 1,000 customers have completed follow-up feedback requests (you read that right: a 50% response rate ).

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7 Easy (yet efficient) Ways to Prove Customer Value

CustomerSuccessBox

Poor customer service, etc. It is at that stage that customers start seeing value in your offering. These reasons give a glimpse of why creating and proving customer value is extremely important. ROI of Customer Value. A sure shot way to prove value to customers is to quantify it. Maintenance costs.

ROI 52