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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

Identifying Market Gaps Identifying gaps in the market is not just about finding areas where no products or services exist; it’s about recognizing opportunities that meet unmet consumer needs. These could be features that no current products offer, service needs that are not adequately addressed, or new ways to engage customers.

Analysis 260
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Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

Before we dive into our remedies, let’s take a look at some of the root causes that could be behind your score going south: Inadequate or Poor Customer Service Many customers tend to be unforgiving if their support experience isn’t up to scratch. By starting from the inside.

NPS 208
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Customer Support Trends Every Business Needs to Know

Stella Connect

From the widespread practice of spreading negative word of mouth (WoM) after a poor customer service interaction to the link between poor customer service and customer retention challenges, here are four key customer support trends you need to understand to keep up with shifting consumer expectations. . #1:

Trends 75
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How to Write an Essay About Customer Service?

CSM Magazine

This firsthand information can provide valuable insights into the real-world experiences and challenges faced by those directly involved in customer service interactions. Begin with an engaging introduction that captures your reader’s attention and provides context for your topic.

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Evolution of Customer Experience in E-Commerce 2023

Lumoa

Customers search for easy shopping solutions on clear, engaging websites. Companies should aim to meet their customersexpectations by continuing to fine-tune their customer experience (CX) programs. Customers view personalization as an integral part of their online experience. trillion by 2025.

e-support 208
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2015 Global Customer Service Report: Customer Expectations and Location, Location, Location

Tricia Morris

No matter the customer’s location, the survey showed that the most satisfying service experiences are about a key customer engagement currency – value for time: The above response also related directly to consumers’ expectations for increased self-service options. Global Similarity Highlights.

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Elevate Customer Support With Integrated Ticketing And Chat

Team Support

Consider this… customers make up 74% of business revenue and poor customer experiences have led 89% of consumers to switch over to competing companies. companies lose roughly $75 billion a year due to poor customer service. It’s the quality of your customer experience that is the foundation of your business.