GetFeedback

DECEMBER 21, 2018

More than half of Americans have scrapped a planned purchase or transaction because of bad service. 33% of Americans say they’ll consider switching companies after just a single instance of poor service. Companies with great experiences have a 16% price premium on products and services. ( American Express ). 63% of U.S.

Customer Retention 390

Customer Retention Net Promoter Score Poor Customer Service B2B 390

TechSee

JANUARY 7, 2020

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. Shoddy self-service.

Customer Retention 136

Customer Retention Industry Telecommunications Effort Score 136

SurveySensum

JUNE 29, 2023

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?

Customer Satisfaction 52

Customer Satisfaction Marketing Exceptional Customer Service Social Media 52

ProProfs Chat

DECEMBER 12, 2019

Understanding the importance of customer service and how one bad experience can reduce customer retention is the starting step towards becoming a customer-centric business. 66% of customers agreed that they switched brands because of poor customer service. 60% of customers agree to this fact.

Customer Retention 88

Customer Retention Loyalty Programs Social Media Loyalty 88

ShepHyken

MAY 18, 2018

There are many ways a business can improve their customer experience, and we’ll highlight a few of these ideas and offer specific examples which can be applied to your business. By applying a few of these concepts to your business, you can dramatically improve your customer experience. Attracting new customers can be expensive.

Loyalty Programs 79

Loyalty Programs Advertising Loyalty Brands 79

Thematic

MARCH 27, 2024

A focus on customer acquisition often overshadows the vital task of retention. A shocking 66% of consumers end relationships with companies due to poor customer service. This highlights a disconnect: Customers crave positive experiences, yet businesses sometimes must listen proactively. The consequence?

Effort Score 62

Effort Score Analysis Feedback Net Promoter Score 62

SurveySensum

FEBRUARY 20, 2024

And, here’s how to do it: Map the Customer Journey : Map the customer journey, including all touchpoints from initial awareness to post-purchase support to understand your customers, identify key touchpoints, and key engagement areas or friction points.

Customer Satisfaction 52

Customer Satisfaction Self Service Strategy Customer Journeys 52