SmartMessage Blog

JULY 13, 2023

Companies build strategies and heavily invest to maintain a solid customer base in today’s fiercely competitive business world. Statistics state that it is more profitable to keep current customers compared to acquiring new ones. According to expressanalytics, customer retention costs up to 6 times less than acquisition.

Loyalty 40

Loyalty Management Loyalty Programs Competitive Advantage 40

SurveySensum

JUNE 29, 2023

In this blog, we will explore 5 data-driven insights that successful marketing experts use to create remarkable customer experiences. With these best practices, you will not only drive revenue but also cultivate long-lasting connections with your customers. So, HOW can you ensure delivering exceptional customer service?

Customer Satisfaction 52

Customer Satisfaction Marketing Exceptional Customer Service Social Media 52

GetFeedback

DECEMBER 21, 2018

Learn about the top two customer surveys for predicting and increasing customer retention. Anytime a customer cuts ties, you experience the negative impact of customer churn. Here are 40 customer retention statistics that reinforce the growing need for customer experience management.

Customer Retention 390

Customer Retention Net Promoter Score Poor Customer Service B2B 390

SurveySparrow

JUNE 28, 2023

Personalization acts as a catalyst to improve engagement, driving an uptick in customer satisfaction levels, fostering trust, and building a loyal customer base. Moreover, personalized customer experiences offer insightful data into your customers’ behaviors, likes, dislikes, and preferences.

Industry 52

Industry Tips Customer Experience Healthcare 52

Doing CX Right

AUGUST 23, 2020

of consumers think that loyalty is expressed when you buy from a brand even though a product or service may cost more than very similar competitors or have experienced a price increase. Loyalty marketers find that their consumers keep purchasing through price changes. . Why Build Brand Loyalty? Customer Retention.

Loyalty 52

Loyalty Brands Social Media Competitive Advantage 52

SurveySparrow

AUGUST 14, 2023

Bad customer experiences can have far-reaching consequences, impacting customer loyalty, brand reputation, and ultimately your bottom line. On the flip side, delivering outstanding customer experiences can lead to increased customer retention and advocacy. What is Customer Experience?

Omni-Channel 52

Omni-Channel Examples Customer Experience Self Service 52

SurveySensum

SEPTEMBER 22, 2023

It’s a state where your product not only meets but exceeds your customer expectations , making it the preferred choice amongst the alternatives. And when your product achieves product-market fit, you can not just acquire new customers but also increase customer retention and satisfaction leading to sustainable growth and profitability.

Survey 52

Survey Marketing Measurement Customer Satisfaction 52

BirdEye

MARCH 24, 2023

To qualify leads is to predict the likelihood of a sales prospect becoming a customer. Lead outreach involves connecting with prospects through email, social media, calls, or cold outreach. It’s an effective way to make new connections in the business scene, especially in areas where purchases rely on personal connections.

Return on Investment 98

Return on Investment Social Media Sales Metrics 98

ProProfs Chat

DECEMBER 12, 2019

what customers want, . The best way to do this is by reading customer retention statistics, and that’s what we have carefully curated in this blog. Here are 50+ customer retention stats that’ll give you insight into a customer’s mind. Why Customers Leave? what they don’t want, . PwC ) Tweet This.

Customer Retention 88

Customer Retention Loyalty Programs Social Media Loyalty 88

SmartKarrot

SEPTEMBER 25, 2020

Appealing to your customers’ vanity and making them feel special can pay off with customer satisfaction and increased loyalty. Also, it builds a rather human connection. Loyalty Programs: These portray thoughtfulness and accentuates a ‘word-of-mouth’. Customer loyalty is gold. Source: Oracle.

Loyalty 8

Loyalty Competitive Advantage Customers Customer Retention 8

ProProfs Chat

DECEMBER 12, 2019

Loyal customers, they don’t just come back, they don’t simply recommend you, they insist that their friends do business with you. The way to a customer’s heart is much more than a loyalty program. Making customer evangelists is about creating experiences worth talking about. Valeria Maltoni. Gene Buckley.

Customer Experience 80

Customer Experience Customer Service Advertising Customers 80

Currency Alliance

MAY 9, 2019

Independent of market positioning, unique customer insight will become the primary competitive advantage. Building such habits is precisely what loyalty programs do. . The massive potential of loyalty marketing in mobility. This image shows spending categories relevant to most consumers.

Loyalty 56

Loyalty Strategy Loyalty Programs Airlines 56

SurveySensum

MAY 11, 2023

NPS is particularly useful in the retail industry because it helps businesses build customer loyalty, retain loyal customers, and encourage them to refer others. By using rNPS to measure customer loyalty and build relationships, retail businesses can gain a better understanding of their customer’s needs and preferences.

NPS 52

NPS Retail Net Promoter Score Effort Score 52

SurveySensum

SEPTEMBER 8, 2023

NPS cuts cost of customer acquisition: According to the research done by Frederick Reichheld of Bain & Company (the inventor of NPS) increasing customer retention rates by 5% increases profits by 25% to 95%. NPS increases customer loyalty: According to the 2017 Temkin research , promoters are 4.2

NPS 52

NPS ROI Social Media Effort Score 52