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Why Customer Service is Important to Businesses: Top 5 Reasons

ProProfs Chat

Having understood the importance and purpose of customer service in the business, let us dig deep to learn why it is the primary stepping stone to your business success. Improves Customer Retention Rate. When you acquire a new customer, it costs you five times more than retaining an existing one. The Technology Angle.

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11 Actionable Insights for Exceptional SaaS Customer Experience

SurveySensum

These satisfied users aka promoters enthusiastically recommend your software to others, driving customer acquisition for your business. By prioritizing an outstanding customer experience, you not only boost SaaS customer retention but also harness the promotional power of your satisfied users, ultimately growing your business.

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It’s Not about Winning, It’s about Retaining Customers

Clicktools

These speak to the financial impacts of customer retention, realities of re-purchase, and the ripple effect of loyal customers: Profound Financial Impact: As Esteban Kolsky presented at our C3 conference , it is six to seven times more expensive to attract a new customer than it is to retain an existing one.

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Top 150 Global Customer Experience Thought Leaders and Influencers of 2020

SurveySensum

He is an author of Moments of Magic®, The Loyal Customer, The Cult of the Customer, The Amazement Revolution, Amaze Every Customer Every Time, Be Amazing or Go Home, and The Convenience Revolution and a creator of a customer service training program, Customer Focus , aiming to help clients build a customer service culture and loyalty mindset.