Retently

NOVEMBER 17, 2023

From tracking the real, long-term results of a campaign to judging the potential for customers to refer your company to their friends and colleagues, Net Promoter Score is a versatile metric that belongs in any marketing manager or consultant’s arsenal.

Net Promoter Score 78

Net Promoter Score NPS Marketing Effort Score 78

Retently

MARCH 14, 2023

In today’s fast-paced business environment, customer feedback has become an invaluable resource for brands striving to stay ahead of the curve. By tapping into the voice of the customer , companies can gain a deeper understanding of customer needs and craft meaningful experiences that foster loyalty.

NPS 143

NPS Comparison Survey Net Promoter Score 143

Lumoa

FEBRUARY 9, 2023

Actionability is also, as we believe, one of the essential aspects of customer experience management. At the same time, it is also what most companies are missing. How do you take action on customer experience? Listen to your customers. Why is NPS ® going up or down? Why are your customers turning away from you?

Net Promoter Score 445

Net Promoter Score Customer Journeys Customer Experience Omni-Channel 445

Kayako

MARCH 14, 2022

Telecom companies operate in one of the most competitive sectors of the marketplace. The industry has the fourth-highest churn rate, after cable, financial, and general retail, meaning that 21% of new Telecom customers will stay less than a year with the same Telecom provider. The key is to track the related KPIs.

Net Promoter Score 156

Net Promoter Score Company Customer Service Social Media 156

Retently

MARCH 23, 2023

You can also learn a surprising amount of tactics and strategies by studying the opposite end of the scale – the world’s least successful companies, from a churn perspective – to compare their common weaknesses and find out what makes their customers so unlikely to recommend them to their peers. Ready to start? Ready to start?

Net Promoter Score 102

Net Promoter Score Company NPS Effort Score 102

SurveySensum

JULY 21, 2023

That’s why here in this blog we will talk about the top 11 B2B customer retention strategies. These strategies can help you maximize your business’s potential while keeping those valuable customers right where they belong. That’s why we proudly maintain a remarkable 98% customer retention rate.

Customer Retention 52

Customer Retention B2B Strategy Net Promoter Score 52

InMoment XI

OCTOBER 10, 2023

They serve as a mirror, reflecting the quality, efficiency, and impact of a company’s customer service initiatives. Because they translate the intangible aspects of customer interactions into tangible data. Consider a customer’s feeling of being valued or their sense of trust in a brand.

Metrics 260

Metrics Net Promoter Score Customer Service Effort Score 260

SurveySparrow

FEBRUARY 27, 2024

Customers expect more, and to stay in the lead, you’ve got to tune into their needs closely. This is where NPS comes into play. It’s a game-changer in retail, turning customers into loyal fans and, even better, into advocates for your brand. What is NPS in Retail? So, Why Does NPS Matter in Retail?

NPS 52

NPS Retail Effort Score Loyalty Programs 52

InMoment XI

FEBRUARY 2, 2024

In the rapidly changing consumer market, the highest customer-rated Integrated CX company, InMoment, took a bold and proactive approach. By responding to over 95% of negative reviews, their company guarantees that customer concerns are not just heard but addressed; the art of engaged, active listening.

Hospitality 260

Hospitality Call Center Retail NPS 260

SurveySensum

SEPTEMBER 21, 2023

There are two companies A and B having similar numbers of customers and both want to increase their business. Company A, decided to run a substantial marketing campaign, investing hundreds of dollars in hopes of acquiring new customers. So, customer retention is indeed crucial. But what is it exactly?

Customer Retention 52

Customer Retention Strategy Gamification Loyalty Programs 52

SurveySensum

SEPTEMBER 8, 2023

In 2006, Bain & Company conducted thorough research on Dell’s detractors and promoters. However, a detractor ends up costing the company $57 , while a satisfied promoter generates $328 in value. Yet most businesses struggle to move beyond measuring their NPS. NPS Impact on Revenue Growth How NPS Can Help You Boost Revenue?

NPS 52

NPS ROI Social Media Effort Score 52

SurveySensum

MAY 11, 2023

Customer expectations have changed drastically, and businesses need to keep up if they want to stay competitive. So how can you stay ahead of the game? — By listening to your customers, of course! So let’s dive in and learn more about how NPS can help your business thrive! What is NPS?

NPS 52

NPS Retail Net Promoter Score Effort Score 52

InMoment XI

JULY 12, 2023

Customer experience refers to the overall impression and perception customers have of a brand based on their interactions and touchpoints throughout their journey, encompassing every aspect of their engagement, from initial awareness to post-purchase support and beyond.

Customer Experience 260

Customer Experience Strategy Self Service Customer Journeys 260

GetFeedback

DECEMBER 11, 2018

It’s not rocket science: the lower your customer churn rate, the higher your profit. But do you know how much customer retention is really worth? According to Harvard Business School, even just a 5% increase in customer retention can lead to a 25-95% increase in profits.

Net Promoter Score 223

Net Promoter Score Effort Score NPS Customer Retention 223

SurveySensum

APRIL 28, 2023

Studies show that 93% of customers are more likely to repurchase from companies that offer excellent customer service. Therefore, it is essential to prioritize your customers and deliver exceptional customer service. This fosters brand loyalty and retains customers. And how does it work?

NPS 52

NPS Loyalty Measurement Customer Service 52

ShepHyken

MAY 20, 2022

This week, we feature an article by Simona Benetinová, content manager at Nicereply , a company that helps organizations, of all sizes, provide outstanding customer service. She writes about customer loyalty and why your team should care about your brand’s Net Promoter Score. What is customer loyalty?

NPS 73

NPS Net Promoter Score Customer Service Effort Score 73

Lumoa

NOVEMBER 29, 2021

Most business leaders believe that customer experience will be the key driver of their company’s competitiveness going forward. However, when it comes to actual customer experience management , things get difficult. It is not too difficult to listen to the customer. And yet still, acting on the customer feedback is hard.

ROI 259

ROI Customer Experience NPS Financial 259

Experience Investigators by 360Connext

APRIL 23, 2024

Metrics from customer surveys like Net Promoter Score (NPS) or Customer Satisfaction Rate (CSAT) are measurements from a certain group of customers to consider in your strategic decisions. Some organizations find that focusing on retaining customers in volatile times can provide more revenue than sales.

ROI 260

ROI CEM Net Promoter Score Customer Experience 260

SurveySensum

DECEMBER 22, 2022

And not just that, an efficient VOC program helps you recognize what is working and what is not, identify the areas of improvement, and listen to and resolve customer issues in time. It helps you retain your customers. And that’s why 82% of companies say that retaining a customer is less expensive than acquiring a new one.

Customer Retention 52

Customer Retention Customer Success Loyalty Programs Social Media 52

Retently

MARCH 18, 2024

Customer service surveys are essential for identifying business strengths and weaknesses, enhancing customer interactions, and monitoring trends to align service with customer needs for growth and retention. By identifying patterns in customer responses, companies can spot specific areas lacking attention.

Survey 130

Survey Customer Service Strategy Effort Score 130

inmoment

MARCH 31, 2020

A brand hasn’t won the battle once it’s acquired new customers. Once a company has convinced a customer to buy with it, that brand needs to continually meet or exceed customer expectations (while striving to further develop that relationship) if it hopes for repeat business. . Retention in Action.

Customer Retention 52

Customer Retention Infographics ROI Course 52

GetFeedback

SEPTEMBER 13, 2018

Our best customers are the ones who stay with us. The proof is in the numbers: a 5% increase in customer retention can lead to a 25-95% increase in profits , according to a Harvard Business School study. And of those consumers, 85% wanted to warn others about doing business with the company. Measure customer loyalty.

Customer Journeys 247

Customer Journeys Net Promoter Score How To NPS 247

Lumoa

JULY 10, 2018

Most business leaders believe that customer experience will be the key driver for their company’s competitiveness going forward. However, when it comes to the actual customer experience management, things get difficult. It is not too difficult to listen to the customer. I will first outline what is generally known.

ROI 303

ROI Customer Experience NPS Financial 303

Lumoa

FEBRUARY 2, 2023

The customer experience (CX) is a customer’s impression of an organization or brand based on their interactions with you. It is the sum of all customer interactions with a company or brand, from their first contact to post-purchase follow-up. A bad CX can motivate customers to abandon the brand altogether.

Retail 236

Retail Net Promoter Score Strategy Customer Experience 236

TechSee

MAY 1, 2022

There’s more than one reason for customer dissatisfaction – but basically, it boils down to understanding and meeting customer expectations. Definitely something companies strive to avoid. Here’s what you need to know about customer satisfaction score and what it means for customer experience.

Net Promoter Score 109

Net Promoter Score Effort Score Customer Experience Customer Satisfaction 109

GetFeedback

MAY 9, 2019

What is customer experience? Customer experience is how your customers perceive their interactions with your company. What is great customer experience? Why is customer experience important? The short answer: Customer experience determines whether your organization succeeds or fails. companies $136.8

Customer Experience 337

Customer Experience Customer Journeys Metrics Effort Score 337

BlueOcean

SEPTEMBER 27, 2021

As such, it’s not uncommon to see customers comparing other brands—even B2B brands—against the giant. It might be unfair to compare businesses who are either much smaller or in a very different industry to Amazon, but that’s simply the reality of customer expectations. different methods to accurately measure customer experience.

Customer Experience 177

Customer Experience Contact Center B2B B2C 177

SurveySparrow

JUNE 20, 2023

In today’s highly competitive business landscape, customer satisfaction , retention, and loyalty have become more important than ever. These factors can significantly impact a company’s revenue, profitability, and growth. 91% of customers who had a bad experience will not do business with the same company again.

Customer Satisfaction 52

Customer Satisfaction Loyalty Net Promoter Score Loyalty Programs 52

Lumoa

JANUARY 19, 2023

Identify the Company’s Goals Before you start looking for people or draft your CX strategy, your first step should be to clarify and understand the wider objectives of your organization. What does the company want to achieve? And it will make it easier to build strong relationships and a strong culture of customer centricity.

Customer Experience 236

Customer Experience Net Promoter Score How To Customer Journeys 236

Wootric CX Blog

APRIL 22, 2019

As purveyors of customer experience management software, we are fans of using the Net Promoter Score (NPS) system to boost customer happiness. NPS is the wildly popular customer loyalty metric that is used by Fortune 500 companies and startups alike to building customer centricity. Momentum Lags.

NPS 40

NPS Net Promoter Score Effort Score Touchpoint 40

Horizon CX

FEBRUARY 7, 2024

Empathy allows customer service representatives to listen actively, acknowledge customers’ emotions, and respond with compassion and understanding. When customers feel heard and understood, they are more likely to trust the company and remain loyal, even in the face of challenges or mistakes.

Self Service 130

Self Service Loyalty Customer Service Representative Strategy 130

Lumoa

MARCH 20, 2018

Actionability Actionability is the result of analytics leading to concrete decisions and changes and actions within the company. Actionability is also, as we believe, one of the essential aspects of customer experience management. At the same time it is also what most companies are missing. Listen to your customers.

Net Promoter Score 286

Net Promoter Score Customer Journeys Omni-Channel Customer Experience 286

Retently

MARCH 16, 2022

With new SaaS companies popping up every day and a customer-centric culture coming into play, there’s (understandably) some confusion about how to manage customer interactions. For many companies, the entire conversation takes place under the umbrella of Customer Support (or Technical Support).

Customer Success 164

Customer Success Net Promoter Score Customers Customer Retention 164

SurveySparrow

JANUARY 31, 2024

Since Fred Reichheld, the founder of Bain and Company , created the NPS, it has been the benchmark for measuring customer satisfaction. Well, businesses are evolving, as should the methods used to understand customer sentiment. This blog will look into five NPS alternatives and why you should use them.

Net Promoter Score 52

Net Promoter Score Effort Score NPS Metrics 52

delighted

JULY 13, 2022

And likely, if something in your customer experience with the brand has gone awry in the past, e.g., your order didn’t ship when they said it would or the item that arrived did not look like the item you ordered, the brand was eager to make it right – and in turn, that earned your loyalty even more. Why is customer loyalty important?

Loyalty 84

Loyalty Measurement Customer Experience Net Promoter Score 84

Comm100

DECEMBER 14, 2017

In this day and age, all companies who want to get an edge over the competition must embrace customer experience continuous improvement as a strategy to ensure their customers receive great customer experiences. Well, the customer experience is a key ingredient to getting new business and maintaining customer loyalty.

Strategy 235

Strategy Customer Experience How To Effort Score 235

Alida

JANUARY 10, 2018

But marketers tend to have their own ideas about what drives customer loyalty, and those ideas don’t always mesh with what the customer is thinking. If they want to meet customer expectations and create experiences that keep them coming back, marketers need to understand motivations, attitudes and opinions.

Loyalty 127

Loyalty Marketing Net Promoter Score NPS 127