Remove Competitive Advantage Remove Exceptional Customer Service Remove Loyalty Programs Remove Marketing
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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

In today’s cut-throat market, differentiating your brand is more important than ever. Competitive analysis offers you this lens. This article will walk you through how to conduct an effective competitive analysis, interpret the results, and turn those insights into actionable strategies. Why is this important?

Analysis 260
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Customer Satisfaction Best Practices: Insights for Marketing Experts

SurveySensum

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? Don’t know?

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What is Customer Loyalty? How is it Managed?

SmartMessage Blog

Loyal customers are more likely to recommend brands, products, and services to others. For some businesses “Word of Mouth” marketing still plays an important role in new client acquisition. As far as the costs are concerned, statistics show that it is more expensive to acquire new customers compared to customers in hand.

Loyalty 52
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What is Customer Loyalty? How is it Managed?

SmartMessage Blog

Loyal customers are more likely to recommend brands, products, and services to others. For some businesses “Word of Mouth” marketing still plays an important role in new client acquisition. As far as the costs are concerned, statistics show that it is more expensive to acquire new customers compared to customers in hand.

Loyalty 40
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7 Proven Customer Retention Strategies Every Retailer Should Know

SurveySensum

Building Meaningful Loyalty Programs By leveraging customer feedback you can create meaningful loyalty programs that cater to the expectations and preferences of your customers. These programs will help you foster a long-lasting and meaningful relationship with your customers.

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50+ Customer Retention Statistics You Should Know

ProProfs Chat

B2B Customer Retention Statistics. In 2018, the top priorities for brand marketers were customer experience or journey (25%), complete brand awareness (18%), customer acquisition (18%), customer loyalty or retention (17%), and customer engagement (15%). 60% of customers agree to this fact.

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A Comprehensive Guide to NPS in Retail

SurveySensum

It’s important to choose competitors that are similar in size and market share to your company. STEP 3: Collect NPS data: To benchmark NPS, you need to collect data from your customers and competitors’ customers. Make sure to share the surveys on channels mostly used by customers and convenient for them.

NPS 52