Remove Chief Customer Officer Remove Consumers Remove Poor Customer Service Remove Survey
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Is the Chief Customer Officer a Worthwhile Addition to the C-Suite?

Retently

But taking customer satisfaction lightly can be dangerous too. Some studies from 2016 suggest that poor customer service costs businesses up to $62 million per year. trillion per year when their customers leave – and that’s only in the US. Well, that’s where the Chief Customer Officer comes into play.

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Is the Chief Experience Officer a Worthwhile Addition to the C-Suite?

Retently

But taking customer experience lightly can be dangerous too. Some studies suggest that poor customer service costs businesses up to $62 million per year. trillion annually when their customers leave – and that’s only in the US. Well, that’s where the Chief Experience Officer comes into play.

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It is 6 Times More Expensive to Win a New Customer than to Retain an Existing One

Tricia Morris

. • The probability of selling to an existing customer is up to 14 times higher than the probability of selling to a new customer. Think of the additional customers and lifetime value that could be delivered through a little extra attention to retention. According to a new PwC survey , more than a quarter of U.S.