article thumbnail

40 Customer Retention Statistics You Need to Know

GetFeedback

It’s important for businesses to understand what contributes to churn in order to address those issues—and ultimately drive customer retention. Here are 40 customer retention statistics that reinforce the growing need for customer experience management. Customer Retention by the Numbers.

article thumbnail

Referrals are your golden goose

BirdEye

Review your customer lists and identify those who have: Been loyal for the longest period of time Generate higher than average revenue Early adopters of any new products or services you offer Purchase more frequently than average. Check out the BirdEye referral marketing eBook.

eBook 85
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Death by a Thousand Survey Questions

Clarabridge

Instead of relying on them to be your only source of customer experience data, make them part of a broader customer experience program. you already have to identify your customer base. Manager of Content Marketing at Clarabridge. Use the structured data (names, addresses, birthdates, etc.)

article thumbnail

Making Sense of Customer Experience Metrics

PeopleMetrics

Online surveys can capture feedback from customers in real-time and tie it to a specific event. Companies can act on that feedback to forge stronger connections with their customersbased upon individual customer reactions to elements of the customer experience. 42 points worth!). What’s an Outcome Measure?

Metrics 87
article thumbnail

Increase revenue with local lead generation

BirdEye

An effective way to increase interest is to offer prospective customers a lead magnet , such as an eBook with valuable information they can’t find elsewhere. You can offer free product samples, exclusive deals, or even points if you’re running a customer loyalty program to get them to refer more people.

article thumbnail

From measurement to management: why investing in improving relationship health pays dividends

Qualtrics

Taking this step can’t come too soon, as every customer interaction can be the difference between a good experience, or a poor one, and the consequences that come from that. Our insight-led eBook details why you should craft a relationship health management program that is: Dynamic and always-on. Action-oriented.

article thumbnail

5 Secrets Entrepreneurs Can Use to Achieve Consistent Growth (Regardless of Budget or Industry)

Michel Falcon Experience

Learn 28 strategies for improving your company’s customer experience today by reading my free ebook. Was I able to clearly define customer service and customer experience for you? If so, I guarantee you will learn 28 other customer experience strategies for your business in this FREE ebook.