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40 Customer Retention Statistics You Need to Know

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Here are 40 customer retention statistics that reinforce the growing need for customer experience management. Customer Retention by the Numbers. Churn is closely tied to customer satisfaction , and for obvious reasons. Satisfied customers are more likely to upgrade or add services and are less likely to cancel.

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Get Ready for The Shopping Season with These 10+ Tips

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Preparing for the shopping season ahead of time can help e-commerce vendors and retailers of all industries convert more browsers into buyers, improve customer satisfaction levels, and dodge inconvenient (and avoidable) operational hassles. This could include in-house customer service representatives, or remote live chat agents.

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The Complete Customer Service Training Guide

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If you fail to acknowledge them when creating the best customer service training program for e mployees, you can end up facing consequences like: Losing more than 50% of customers who end up leaving because of poor customer service. Related Read: Employee Training for Motivation, Success, and Retention.