SurveySensum

JULY 13, 2023

According to a research report by PwC titled, “ Experience is Everything ”, 73% of the customers pointed to customer experience as an important factor in their shopping experience. Yet only 49% of the customers said that they had positive customer experiences with companies. Let’s answer this question!

Retail 52

Retail Survey Tools Customer Experience 52

SmartMessage Blog

JULY 13, 2023

Every brand dreams of loyal customers. Building customer loyalty is essential for growth. Companies build strategies and heavily invest to maintain a solid customer base in today’s fiercely competitive business world. Keeping customers loyal is critical for financial success and a reliable brand image.

Loyalty 40

Loyalty Management Loyalty Programs Competitive Advantage 40

SurveySparrow

FEBRUARY 22, 2024

Customer retention is one of the crucial aspects of business. Since it’s plain as sky that it’s harder to acquire a new customer than to retain one, most companies go retention. Let’s start by understanding the key features a customer retention software must have. And that’s probably why you are here, right?

Customer Retention 52

Customer Retention Software Gamification e-support 52

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.

Customer Satisfaction 52

Customer Satisfaction Marketing Exceptional Customer Service Social Media 52

CX University

NOVEMBER 21, 2020

For example, you may receive different levels of customer service from a contact centre service representative than you would from an in-store service representative at the same company. These inconsistencies in delivered experiences are the differences between customer service and customer experience.

Net Promoter Score 98

Net Promoter Score Brands Effort Score Loyalty Programs 98

Method:CRM

JULY 11, 2022

Great customer experience is key to fostering customer loyalty. If customers have a pleasant experience with your company, they’ll be more likely to come back for more business and recommend your goods or services to others. But how do you plan for and execute effective customer experience improvement?

Customer Journeys 52

Customer Journeys Customer Experience How To Loyalty Programs 52

SurveySensum

JULY 27, 2023

Customized Product Recommendations Nike takes customized in-store experiences to a whole new level by tapping into customer feedback gathered through in-store surveys and its NikePlus loyalty program. The NikePlus loyalty program is a key pillar in delivering personalized experiences.

Retail 52

Retail Examples Feedback Customer Experience 52

Ann Michaels and Associates

MAY 13, 2020

For traditional restaurant and retail companies, feedback programs can be pretty straightforward. How is it possible to get feedback at each step of the process in a way that doesn’t inundate customers to the point of survey exhaustion and make sure the experience is recent enough to get accurate feedback about the experience?

Feedback 52

Feedback Tips Social Media Ecommerce 52

SurveySensum

JULY 4, 2023

According to a recent article, “The five disciplines of customer experience leaders” by Bain & Company , excelling in customer experience can have a significant impact on a company’s revenue. An excellent example of a company that has successfully implemented customer-centric initiatives is Amazon.

Customer Satisfaction 52

Customer Satisfaction Strategy Tips Social Media 52

SurveySensum

JULY 4, 2023

According to a recent article, “The five disciplines of customer experience leaders” by Bain & Company , excelling in customer experience can have a significant impact on a company’s revenue. An excellent example of a company that has successfully implemented customer-centric initiatives is Amazon.

Customer Satisfaction 52

Customer Satisfaction Strategy Tips Social Media 52

SurveySensum

DECEMBER 16, 2019

This, in turn, builds a troop of loyal customers, which is a good indicator that the business is sure to grow” says Mr. Rajiv Lamba, CEO at SurveySensum. SurveySensum’s Customer Experience Trends Report, 2020 highlights 6 key CX trends that every company in Indonesia must know to reinforce a positive customer experience strategy: 1.

Trends 52

Trends Customer Experience Loyalty Programs Touchpoint 52

Doing CX Right

AUGUST 23, 2020

Experts agree that it can be challenging to engage your customers with your brand. It is even harder to build consistent loyalty throughout your customer base. However, cultivating loyalty is well worth the extra effort and expense. What is Brand Loyalty? Why Build Brand Loyalty? Customer Retention.

Loyalty 52

Loyalty Brands Social Media Competitive Advantage 52

Currency Alliance

JUNE 16, 2020

While travel and retail brands have made a lot of progress in the last 24 months, the bulk of innovation has come from other consumer sectors – including media businesses, entertainment, and telecoms providers, which in recent years appeared to regard loyalty as a lost cause. Hybrid points programs. Engaging employees.

Loyalty 52

Loyalty Innovation Travel Loyalty Programs 52

delighted

JUNE 1, 2022

One study says that existing customer order value is 31% higher than the order value from a first-time buyer. The purchases loyal customers make from your company can add up to a significant value over time. When distilled down to a number, this is called their customer lifetime value (CLV). It steadies your cash flow.

Net Promoter Score 71

Net Promoter Score Customer Retention Self Service Loyalty 71

SurveySensum

JULY 18, 2023

This kind of personal touch will significantly increase the likelihood of them making a purchase and fosters a sense of loyalty toward your brand. For example, Amazon delivers a personalized homepage for each of its customers based on their purchase history, wishlist, and cart. Nike is winning at this.

Retail 52

Retail Customer Experience Chatbots Touchpoint 52

Currency Alliance

JANUARY 22, 2020

Every CFO knows a loyal customer is many times more profitable than others. And yet, many loyalty programs are run like barnacles on the side of a business: battling for budget, rather than being nurtured as the core way to engage customers via every channel and touchpoint. Points alone don’t earn much loyalty.

Loyalty 40

Loyalty Brands Loyalty Programs Rewards Programs 40

ProProfs Chat

JUNE 21, 2019

Do you have a customer retention strategy? Companies focus on customer acquisition strategies, since increasing your customer count is the lifeblood of your business. But, customer acquisition won’t help, if you are unable to retain customers. If not, your business may be at risk.

Customer Retention 63

Customer Retention Strategy How To Case Study 63

Bold360

DECEMBER 8, 2016

A funny thing happened when researchers asked consumers and marketers associated with the travel industry how they viewed the industry’s well-known loyalty programs. Seventy-three percent of the consumers, however, flipped the perception, looking at the programs as a great way for companies to show loyalty to customers.

Customer Retention 40

Customer Retention Strategy Social Media Loyalty Programs 40

SurveySensum

JULY 17, 2023

Well, yes because brands don’t pay attention to all the important touchpoints in a customer’s journey. Every interaction your customer has with your brand, both online and offline, provides opportunities for you to ensure a positive experience. Now, how to anticipate your customer expectations like a pro?

Retail 52

Retail Strategy Customer Experience Sports 52

SurveySensum

JULY 17, 2023

Well, yes because brands don’t pay attention to all the important touchpoints in a customer’s journey. Every interaction your customer has with your brand, both online and offline, provides opportunities for you to ensure a positive experience. Now, how to anticipate your customer expectations like a pro?

Retail 52

Retail Strategy Customer Experience Sports 52

Happy or Not

AUGUST 28, 2023

Business analytics in retail are one of the most powerful tools companies can use to increase customer satisfaction and drive long-term growth. Analyzing data from multiple sources provides a holistic understanding of your customers and their preferences.

Retail 36

Retail Analytics How To Trends 36

ChurnZero

APRIL 10, 2020

Customer Success uses an account-based model where the customer relationship continues throughout their lifetime. According to Fast Company , there are four basic types of workflow styles: Logical, analytical, linear, and data-oriented. Tracking sentiment helps indicate where your customers’ priorities lie.

Customer Success 61

Customer Success Customer Journeys How To Loyalty Programs 61

Lumoa

NOVEMBER 21, 2023

In many companies, even though customer experience is regularly measured, data transformation becomes challenging for many reasons. But it is no longer a challenge, thanks to modern technologies like martech tools and back-office solution software and the use of artificial intelligence (AI) in customer feedback analysis.

Analysis 208

Analysis Feedback Social Media Chatbots 208

SurveySensum

SEPTEMBER 14, 2020

Digital customer experience is the new battleground. . The companies that are winning the digitalization race are acquiring more customers and making more money! Companies that were expecting to move digitally in 2025 are already here. . Companies that were expecting to move digitally in 2025 are already here. .

Customer Experience 59

Customer Experience Social Media Multi-Channel Chatbots 59

Currency Alliance

OCTOBER 11, 2018

It does give pause for thought, however, that agile tech companies have proven more apt at filling these gaps: owning more of the customer journey, gathering more detailed data, and making more relevant and personalized offers. But in reality, many customers do not book direct. Restive guests: understanding hospitality loyalty.

Hotels 40

Hotels Hospitality Loyalty Travel 40

SurveySensum

MAY 19, 2023

NPS, or Net Promoter Score, is a CX metric used to gauge a business’s customer satisfaction and loyalty. It asks the customers how likely they are to recommend the company’s products or services to others, typically on a scale from 0 to 10. You don’t want your customers overwhelmed or feel frustrated.

Banking 52

Banking NPS Industry Net Promoter Score 52

Currency Alliance

JUNE 11, 2019

The smart ones kept a loyalty strategy even if they eliminated the points, but some foolishly acted as though their rewards program was their loyalty strategy – and threw the baby out with the bath water. Economic cycles aside, though, the real problem is that it attracts entirely the wrong sort of customer.

Banking 40

Banking Loyalty Consumers Loyalty Programs 40

Currency Alliance

DECEMBER 1, 2020

Apart from adapting to mobile apps and ditching plastic cards, the typical loyalty programs in 2020 still operate pretty much the same as they did at the turn of the century. And there are many, many more of these lookalike programs. The customer experience has evolved. Why hasn’t loyalty? Customer singular.

Loyalty Programs 52

Loyalty Programs Loyalty Multi-Channel Hotels 52

SmartKarrot

OCTOBER 13, 2023

Collecting feedback, whether through direct conversations, surveys, or digital touchpoints , is a direct line into their psyche. Segmentation: The age-old saying, “One size doesn’t fit all,” rings especially true in the customer-centric realm. Loyalty Programs: Rewards are universal motivators.

Customer Retention 10

Customer Retention Strategy Loyalty Programs Customer Centricity 10

Currency Alliance

DECEMBER 4, 2023

Loyalty trends, as we’ve said in our previous years’ trends articles, are interesting to think about – but they are not necessarily reflective of what your own brand should be focusing on in the next year. The article covers the various brands which have joined the Scene+ loyalty coalition.

Loyalty 59

Loyalty Trends Data Marketing 59

Retently

MAY 9, 2024

It’s a thrill to land a new customer, no doubt. Many companies get caught in this cycle because they prioritize new customer acquisition so heavily that they overlook how many customers they’re losing along the way. Why is B2B Customer Retention Important? How old are they? Are they married? What is their income?

Customer Retention 78

Customer Retention B2B Customer Journeys Loyalty Programs 78

SmartKarrot

JULY 29, 2020

There was a time when acquiring new customers was the sole purpose of marketing your product. Technology companies used to sell their products to a customer and then move on to the next one. Hence, customer loyalty was not a major goal for companies of those previous eras. What is Customer Loyalty?

Loyalty 10

Loyalty Loyalty Programs Roadmap Customer Retention 10

CSM Magazine

APRIL 30, 2024

Customer Relationship Management (CRM) Systems CRM software is the cornerstone for managing customer information, interactions, and history. They consolidate data from various touchpoints to provide a single view of each customer.

Technology 52

Technology e-support Loyalty Programs Social Media 52

Currency Alliance

NOVEMBER 16, 2021

What is strange today, is that most brands have evolved their public-facing ecommerce platforms into dynamic, content-rich, and personalized shopping experiences, while their loyalty program redemption catalog may not have changed in ten years, leaving it looking static with minimal appeal.

Loyalty 52

Loyalty Loyalty Programs Ecommerce Touchpoint 52

Currency Alliance

NOVEMBER 16, 2021

What is strange today, is that most brands have evolved their public-facing ecommerce platforms into dynamic, content-rich, and personalized shopping experiences, while their loyalty program redemption catalog may not have changed in ten years, leaving it looking static with minimal appeal.

Loyalty 52

Loyalty Loyalty Programs Ecommerce Touchpoint 52

Currency Alliance

DECEMBER 19, 2022

It has the potential to address a lot of business challenges, and enable many forms of elusive innovation in loyalty marketing. The biggest opportunities for loyalty programs relate to operating more efficiently to reduce cost, and improving personalization. As the saying goes, ‘garbage in, garbage out’.

Loyalty 52

Loyalty Marketing Airlines Loyalty Programs 52

SurveySensum

JULY 21, 2023

And, in SaaS, on average, it can cost 4-5 times more – The Value of Keeping the Right Customers study by Harvard Business Review You read it right! Allocating resources to attract new customers is indeed expensive compared to nurturing and retaining your current customer base.

Customer Retention 52

Customer Retention B2B Strategy Net Promoter Score 52