Remove Customer Base Remove Customer Retention Remove NPS Remove Travel
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9 Strategies to Improve Customer Retention Rate in 2023

SurveySensum

In contrast, Company B chose to focus on retaining its existing customer base by introducing loyalty programs. This strategic move resulted in doubling their business, showcasing the power of leveraging customer retention to drive growth. So, customer retention is indeed crucial. But what is it exactly?

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Tips for Setting Up Your Customer Advisory Board (CAB)

ClientSuccess

. • Gain insight from your Customer Success Managers (CSMs) and others who work closely with customers to determine who should not be included, and who the top contenders should be. Have a high-level executive such as the CEO directly invite customers to join your CAB, and outline all expectations, travel requirements and input needed.

Tips 87
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Four customer engagement strategies for SaaS companies

ChurnZero

Early-stage SaaS businesses tend to put most of their focus on acquiring net new customers. For a little while, customer retention is a manageable task with existing staff. When you have only a handful of customers, your sales team, product team, customer support team—and even executives—can join forces to keep them happy.

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How to Turn NPS Detractors Into Promoters

Lumoa

Studies show that 70% of complaining customers will return if their complaints are addressed, and up to 95% will return if their complaints are resolved quickly. The Net Promoter Score® (NPS) framework is the most commonly used survey methodologies globally and is upheld as the gold standard for customer experience metrics.

NPS 208
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8 Insightful Customer Journey Analytics Examples and Use Cases

Pointillist

The CX team needs to understand why the current service repair micro-journey results in a decrease in NPS. When a customer calls the care center and schedules a repair visit, their baseline NPS is 14.7. Some customers are not at home when the service truck arrives. For these “No Shows,” NPS drops to 14.

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Survey as a Tool In Improving Retail Customer Experience

SurveySensum

For example, you can launch a CES survey to measure the ease of your customers with the payment process. Understand your customer’s expectations regarding personalized offers, rewards, loyalty programs, and customer service – these are important factors when it comes to customer retention.

Retail 52
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Survey as a Tool In Improving Retail Customer Experience

SurveySensum

For example, you can launch a CES survey to measure the ease of your customers with the payment process. Understand your customer’s expectations regarding personalized offers, rewards, loyalty programs, and customer service – these are important factors when it comes to customer retention.

Retail 52