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Customer retention in the telecom industry – new thinking

TechSee

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. Churn in the telecom industry.

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NPS in Customer Service: Measure and Improve Customer Loyalty

SurveySensum

Many businesses use NPS as a tool to measure and improve customer loyalty. But how effective is NPS in customer service? The Role of NPS in Customer Service Net Promoter Score (NPS) is a popular tool for measuring customer loyalty, but its effectiveness in customer service depends on how it’s used.

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How the Telecom Industry Can Solve Its CX Problems

inmoment

Research shows that telecommunications companies consistently receive lower customer experience (CX) scores than any other industry. That’s partly because people tend to have much higher customer experience standards for telecoms than they might have for other businesses. Approach Efforts to Automate Wisely.

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13 Product Management KPIs and Metrics You need to Know

SurveySparrow

. #3 Consider the company’s stage: If you are a relatively new company, then you should care about metrics that validate the business model with KPIs being customer reviews, awareness of the brand, stickiness, etc. Net Promoter Score (NPS): This is one of the most important metrics to measure customer satisfaction and loyalty.

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Whitepaper: The Five Core Pillars for Your CEM Strategy

Responsetek

A brand’s reputation, as Bezos highlights, isn’t simply a clever marketing ploy, it is a true representation of a company’s efforts to impress their customers and deliver on their brand promise. Working with our CEM platform, our insurance clients typically see an average improvement in NPS® (satisifaction score) of 12.0

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8 Insightful Customer Journey Analytics Examples and Use Cases

Pointillist

Let’s dive into the first category of these customer journey analytics examples. The team estimates that rolling out the new automated system to all customers could save $14.1M In the meantime, the team can steer newly enrolled members into lower effort journeys to improve their experiences.

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Playing Only to Net Promoter Score (NPS) Promoters: Good Business or Risky Venture?

Pretium Solutions

Recently, I came across an interview of Rob Markey, co-author of the Ultimate Question 2.0 , about the current state of the Net Promoter Score movement. The interviewer, Peter Fader , is the co-director of The Wharton Customer Analytics Initiative and a Professor of Marketing at the Wharton Schoo l. That is a risky venture at best.