Remove Communication Remove Customer Retention Remove Infographics Remove Self Service
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Key Customer Retention Strategies for Alternative Lenders

CSM Magazine

It is not enough to attract new customers to your services. Customer retention is even more important than customer acquisition. More than that, customer retention is the best form of marketing. Clients who recommend your services to others make the best ad. You can also add self-service tools.

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8 Voice of Customer Tools to Monitor Customer Experience

Thematic

You can then use it to improve and meet customer expectations better. Improve customer satisfaction and loyalty. You can improve customer loyalty by listening to feedback and addressing their concerns. This can lead to increased customer retention and positive word-of-mouth referrals.

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Three Ways Fleet Management Solutions Make Your FSO More Efficient

Alliance by IFS

Knowledge management features to connect your workforce and customers to the information they need, when they need it. Use Scheduling and Dispatch as Customer Retention Strategy. Customers who get their problems resolved quickly are much more likely to continue giving your company their business. It’s simple.

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15 Helpful Strategies to Reduce Customer Churn

ProProfs Chat

Stable customer base results in higher referrals, improved upsell revenue and increased lifetime value (LTV) which further results in improved customer acquisition in future. Needless to say, customer retention is the core value for the growth of any business. This implies: Never lose sight of your existing customers.

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Omnichannel experiences are critical but must drive tangible business benefits to be successful

OpinionLab

Aberdeen , in its omnichannel research, has claimed that businesses that adopt an omnichannel strategy achieve a 91% greater year-over-year increase in customer retention compared to those that don’t. The infographic below – also from our own survey – tries to get to grips with this from a service situation perspective.

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The Complete Customer Service Training Guide

ProProfs Chat

But then again, if you have to hire professionals for customer service, you have to ensure that they have: An EQ (emotional quotient) to understand customer anxiety, its levels, and the right way to convey to them that they are being heard. . Communication skills that can leave lasting impressions. Interpersonal skills.

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Omnichannel experiences are critical but must drive tangible business benefits to be successful

OpinionLab

Aberdeen , in its omnichannel research, has claimed that businesses that adopt an omnichannel strategy achieve a 91% greater year-over-year increase in customer retention compared to those that don’t. The infographic below – also from our own survey – tries to get to grips with this from a service situation perspective.