Remove Customer Expectations Remove Customer Retention Remove Exceptional Customer Service Remove NPS
article thumbnail

Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

You’ve designed your NPS survey and emailed it to all your customers—and the results are in… but not those you were expecting. When it comes to gauging customer sentiment and loyalty, few metrics enjoy such widespread acclaim as the Net Promoter Score (NPS). Does it spell doom for your business?

NPS 208
article thumbnail

NPS in Customer Service: Measure and Improve Customer Loyalty

SurveySensum

Did you know exceptional customer service is key to retaining customers? Studies show that 93% of customers are more likely to repurchase from companies that offer excellent customer service. Therefore, it is essential to prioritize your customers and deliver exceptional customer service.

NPS 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

9 Strategies to Improve Customer Retention Rate in 2023

SurveySensum

This strategic move resulted in doubling their business, showcasing the power of leveraging customer retention to drive growth. Well, acquiring new customers can costs you five times more than keeping the ones you have. So, customer retention is indeed crucial. What is the Customer Retention Rate?

article thumbnail

Leveraging Customer Service Survey Questions to Boost Your Support Strategy

Retently

Customer service surveys are essential for identifying business strengths and weaknesses, enhancing customer interactions, and monitoring trends to align service with customer needs for growth and retention. The captured insights are key in crafting strategies to enhance customer retention.

Survey 130
article thumbnail

100 Stats that Prove the Importance of Customer Satisfaction, Retention, & Loyalty

SurveySparrow

The first section highlights the importance of customer satisfaction by showing how negative experiences can lead to lost customers and revenue. The second section demonstrates the value of customer retention , indicating that it can be a more cost-effective strategy than acquiring new customers.

article thumbnail

Customer Satisfaction Best Practices: Insights for Marketing Experts

SurveySensum

Well, here’s a startling statistic to ponder: 82% of customers stop doing business with a company due to poor customer service. – Techcrunch As a marketing expert, your goal is not just to attract customers but also to keep them satisfied and loyal.

article thumbnail

5 customer service metrics you need to start tracking regularly

delighted

. – 78% of customers are likely to forgive a business for a mistake if they were provided exceptional customer service. – 58% of customers have higher customer service standards due to the COVID-19 crisis.” – How to improve customer service: A winning customer service strategy.

Metrics 87