Company Competitive Advantage Loyalty Programs Poor Customer Service 
InMoment XI
SEPTEMBER 12, 2023
The Importance of CRM Databases in Competitive Analysis Customer Relationship Management (CRM) databases are essential tools for storing and tracking customer information, interactions, and sales history. These are areas where you have the opportunity to differentiate your business and gain a competitive advantage.
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.
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GetFeedback
DECEMBER 21, 2018
Unhappy customers are more likely to leave, and when they do, they take a piece of your business with them. More and more, companies are recognizing just how much customer happiness impacts revenue , and they’re focusing on transforming their customer experience to meet modern expectations. companies lose $136.8
ProProfs Chat
DECEMBER 12, 2019
Companies focus on getting new customers, but retaining them is a whole different story – and more difficult to achieve! what customers want, . PwC did found out in a survey that it takes only one bad experience for customers to leave a company for good. Every customer wishes to feel special.
Thematic
MARCH 27, 2024
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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