Company Poor Customer Service Self Service Study 
Vonage
MARCH 26, 2018
Mobile apps and support portals provide customers with the tools to access round-the-clock service without ever needing to speak to a person. . Self-service technologies provide customers with what they want while decreasing the business cost of providing one-to-one assistance delivered by a human.
Inbenta
MARCH 30, 2021
Organizations are choosing to use innovative technologies like Artificial Intelligence (AI) to automate their customer services to complete, improve and personalize end-to-end customer interactions and deliver the best possible customer experience. What is customer service automation and what benefits does it provide?
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Vonage
FEBRUARY 23, 2017
Half of consumers move on after poor customer service. In NewVoiceMedia’s whitepaper, Serial Switchers Strike Again , we learned that 49 percent of consumers switch companies after receiving service that does not meet their expectations. Poor customer service costs business billions annually.
CSM Magazine
OCTOBER 5, 2023
In light of National Customer Service Week (2-6 October), a new study has revealed that one in five Brits wastes up to 12 hours a year waiting to be served when eating out. Nearly a third admit that the cost-of-living crisis has made them less tolerant of poor customer service.
Wootric CX Blog
JUNE 19, 2019
According to Gartner , 89% of businesses compete mostly on the basis of customer experience. Another study indicates that 66 percent of consumers are willing to spend more money on top-notch customer service. The study also found that 55 percent of consumers abandoned a company after experiencing bad customer service.
CSM Magazine
JUNE 19, 2022
Bad customer experiences obviously damage existing customer relationships, but they can also endanger potential opportunities and erode your bottom line. Research by Microsoft found that 58% of consumers simply switch companies when they have a poor customer service experience. Happy customers are loyal.
TechSee
JANUARY 7, 2020
Acquisition costs far outweigh those of keeping current customers, further motivating companies to implement innovative strategies to boost customer retention in the telecom industry. This is further underscored by research suggesting that a mere 5% increase in a company’s retention rate can increase profits by 25% to 95%.
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