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How businesses in Australia are losing $11bn a year due to poor customer service – a 38% increase from 2014 (INFOGRAPHIC)

Vonage

Research unveiled this week from NewVoiceMedia reveals that $11 billion is lost by businesses in Australia each year following a bad customer experience – an increase of 38 percent and $3 billion from 2014. Related Posts Create a vision for your customer service education. It’s the experience.

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The $62 billion customer service scared away [INFOGRAPHIC]

Vonage

New research from NewVoiceMedia offers a compelling view of the consequences of poor customer service in the U.S. businesses each year following bad customer experiences. Check out this infographic to discover the impact of poor customer service and then download our free research report for more info.

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The £11 billion customer service scared away [INFOGRAPHIC]

Vonage

New research from NewVoiceMedia offers a compelling view of the consequences of poor customer service in the UK. The results reveal that an estimated £11 billion is lost by UK businesses each year following a bad customer experience. How well do you understand your customer journey?

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Why customer retention is key to small business success [Infographic]

Method:CRM

This infographic shares the many benefits of customer retention for small businesses. Below, you can find the text version of this infographic. Why customer retention is key to small business success. The benefits of customer retention. 80% of small business revenue will come from just 20% of customers.

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63 Incredible Customer Service Statistics [Infographic]

Ecrion

The term customer service is a catch-all phrase that roughly equates to a customer’s experience with and perception of your brand. Experts agree that customer service expectations are on the rise. Every year, businesses lose billions in potential revenue thanks to one thing: poor customer service.

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INFOGRAPHIC: The Financial Impact of Customer Service

Tricia Morris

There is a high price to pay for poor customer service, while conversely, there is money to be made from consistently delivering a satisfying customer service experience. The challenge on both sides is that customer expectations have never been higher. On the fence about investing in customer service?

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The role of emotions in CX and how you can use them to design better experiences

ECXO

The emotions in CX Emotions have a pivotal role in the customer experience and can significantly impact customer loyalty and repeat purchases. This can be better understood by dissecting the customer journey into two main components: the functional and the emotional. This is what the famous NPS attempts to measure.