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Customer retention in the telecom industry – new thinking

TechSee

With the telecommunications industry at saturation point, and with services largely commoditized, providers suffer from exceptionally high rates of churn. Accenture reports that 77% of consumers are no longer loyal to any particular brand, telcos must work harder than ever to retain their customer bases.

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Crash and Churn: survey reveals the customer service fails that cause attrition

TechSee

The days of long-term customer brand loyalty to brands are over. Today, consumer stickiness is far more dependent upon people’s specific experiences and the level of service they receive. This indicates a clear opportunity for companies to recognize any shortcomings and take corrective action before the customer defects.

Survey 164
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How to Improve Customer Retention

InMoment XI

There is something to be said about how vital it is to leverage market research to understand your non-buyers so you can convert them into customers. But focusing on how to improve customer retention is just as important, if not more. That is why your customer retention efforts are so important. You guessed it!

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List of Companies That Outsource Call Centers

Magellan Solutions

As the lifeblood of most industries, there is no wonder why even the largest multinational companies aim to attract and please as many consumers as they can. In Microsoft’s State of Global Customer Service Report , 95% of respondents named customer service as an important factor in choosing and being loyal to a brand.

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How Much Does Inbound Call Center Cost

Magellan Solutions

Facing customer retention challenges, especially when you’re still getting the hang of things, is crucial. But the question is, how much are you willing to spend for better customer service? 20% of the budget is allocated toward technological costs, while 19% goes for telecommunications.

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How Telecom BPO Services Today Increases Productivity?

Magellan Solutions

Telecommunication is not a new mode of communication. It remains as one of the main tools of interaction between customers and businesses. It remains as one of the main tools of interaction between customers and businesses. It demonstrates how important mobile devices are in consumers’ daily lives.

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What Telcos Can Learn About CX From Other Industries (And The Other Way Around)

Lumoa

In today’s competitive telecommunications industry, customer experience (CX) has become a crucial factor in retaining customers and driving business growth. With an increasing number of options for consumers, telcos must prioritize CX to stay ahead of their competitors.

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