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A to Z Guide to Customer Experience Definitions and Terms (Updated)

Lumoa

Customer churn is the opposite of retention. Customer churn is a critical metric because it is much less expensive to retain existing customers than it is to acquire new customers. Involve all the employees in the transformation: motivate the employees of the company to deliver a great customer experience.

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Customer Experience Strategy: An A to Z Glossary

Lumoa

Churn Customer churn happens when a customer/subscriber stops doing business with a company. Customer churn is the opposite of retention. Customer churn is a critical metric because it is much less expensive to retain existing customers than it is to acquire new customers. So why should you care?

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A to Z Guide to Customer Experience Definitions and Terms

Lumoa

Churn Customer churn happens when a customer/subscriber stops doing business with a company. Customer churn is the opposite of retention. Customer churn is a critical metric because it is much less expensive to retain existing customers than it is to acquire new customers. So why should you care?

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How to Look at NPS Data?

SurveySparrow

It is one of the most compelling metrics that define the customer’s loyalty towards your brand. Reichheld, is a performance metric that measures the customer’s overall satisfaction with a company’s product/service and the willingness to recommend it to others. Let’s find out. . What’s NPS?

NPS 59