ShepHyken

APRIL 26, 2021

Each week I read a number of customer service and customer experience articles from various resources. CustomerThink) Here are nine new findings from the 2021 State of the Contact Center Report which included 400 US and UK contact center and customer experience leaders. Here are my top five picks from last week.

Customer Service 136

Customer Service Loyalty Programs Social Media Contact Center 136

ProProfs Chat

JUNE 21, 2019

Do you have a customer retention strategy? Companies focus on customer acquisition strategies, since increasing your customer count is the lifeblood of your business. But, customer acquisition won’t help, if you are unable to retain customers. Discounts, free shipping, and loyalty points rule the list.

Customer Retention 63

Customer Retention Strategy How To Case Study 63

Magellan Solutions

AUGUST 17, 2020

With all the advertisements people see on the internet every day, customers can easily jump from your brand to another if you don’t have strong customer retention strategies. . To make your business thrive, you need to take care of one of the most important assets — your customers. What is Customer Retention?

Customer Retention 52

Customer Retention Strategy Loyalty Exceptional Customer Service 52

Thematic

DECEMBER 5, 2018

Think customer loyalty programs are all about getting generic discounts, points and rewards? Today, it’s more about offering customers something as personalized as possible, so that they feel truly special. What is customer retention? Why is customer retention important? Think again.

Customer Retention 96

Customer Retention Analytics Data Strategy 96

SurveySensum

JULY 4, 2023

This understanding of customer needs led to increased customer satisfaction, as subscribers were able to discover and enjoy content tailored to their interests. As a result, Netflix experienced a significant increase in customer retention and acquisition, driving up their subscription numbers and ultimately boosting profitability.

Customer Satisfaction 52

Customer Satisfaction Strategy Tips Social Media 52

SurveySensum

JULY 4, 2023

This understanding of customer needs led to increased customer satisfaction, as subscribers were able to discover and enjoy content tailored to their interests. As a result, Netflix experienced a significant increase in customer retention and acquisition, driving up their subscription numbers and ultimately boosting profitability.

Customer Satisfaction 52

Customer Satisfaction Strategy Tips Social Media 52

CSM Magazine

JANUARY 10, 2023

It doesn’t matter if you are offering the most attractive bonuses or new games—if customers don’t have a top-notch experience with your service, they won’t come back. From incorporating live chat and replies within 24 hours, to outstanding customer loyalty programs – these ten tips will help ensure excellent player satisfaction.

Tips 52

Tips Self Service Omni-Channel CRM 52

ShepHyken

SEPTEMBER 10, 2023

Each week, I read many customer service and customer experience articles from various resources. ” I’m intrigued by the article as it claims that one way to attract and retain these customers is through visual imagery. Here are my top five picks from last week. Wait until you see what’s coming soon.

Customer Service 81

Customer Service Loyalty Programs Retail Loyalty 81

SurveySparrow

JUNE 28, 2023

Signup for Free 14-Day Free Trial • No Credit Card Required • No Strings Attached Benefits of personalized customer experience The benefits of investing time and resources into creating personalized customer experiences are multifold. Through its loyalty program, Starbucks rewards customers based on their purchasing habits.

Industry 52

Industry Tips Customer Experience Healthcare 52

ShepHyken

MAY 12, 2019

Each week I read a number of customer service and customer experience articles from various resources. LinkedIn) When it comes to the strategic decisions that will help you thrive as a company, a positive experience is not the only factor that will make customers choose you, or stay with you. by Michael Stelzer. (CEO

Chatbots 93

Chatbots Loyalty Programs Customer Service Return on Investment 93

Retently

MAY 9, 2024

Boosting your B2B customer retention rates is incredibly important for nurturing a sustainable business. It’s a thrill to land a new customer, no doubt. Many companies get caught in this cycle because they prioritize new customer acquisition so heavily that they overlook how many customers they’re losing along the way.

Customer Retention 78

Customer Retention B2B Customer Journeys Loyalty Programs 78

SurveySensum

JULY 6, 2023

You’ve poured your heart and soul into creating captivating marketing campaigns, investing substantial resources in driving customer acquisition. Yet, despite these efforts, you notice a decrease in sales and declining customer loyalty. Even as a retail giant , Reliance Trends struggles with customer retention.

Customer Satisfaction 52

Customer Satisfaction Retail Tips Marketing 52

SurveySensum

JULY 6, 2023

You’ve poured your heart and soul into creating captivating marketing campaigns, investing substantial resources in driving customer acquisition. Yet, despite these efforts, you notice a decrease in sales and declining customer loyalty. Even as a retail giant, Reliance Trends struggles with customer retention.

Customer Satisfaction 52

Customer Satisfaction Retail Tips Marketing 52

SurveySensum

JANUARY 26, 2024

From the initial interaction to the post-purchase engagement, we will understand each phase, uncovering the touchpoints that shape the customer journey. Develop content like how-to videos, tutorials, guides, etc that help customers in their decision-making process. Blog posts on fitness tips and the app’s unique approach.

Customer Journeys 52

Customer Journeys Social Media Touchpoint Tips 52

ShepHyken

APRIL 20, 2020

Each week I read a number of customer service and customer experience articles from various resources. Loyalty programs boost businesses’ ability to keep customers by Jill Young Miller. Louis) In business, simple loyalty programs can strongly increase customer retention, Washington University in St.

Loyalty Programs 65

Loyalty Programs Customer Service Rewards Programs Loyalty 65

Lumoa

JANUARY 19, 2023

How many different ideal customers (personas) we have? – What are their key characteristics (pro tip: consider both demographics or psychographics )? – Do different types of customers have a preferred way to buy? Pro Tip : Building strong relationships with other departments is not a one-off thing.

Customer Experience 236

Customer Experience Net Promoter Score How To Customer Journeys 236

ShepHyken

APRIL 6, 2020

Each week I read a number of customer service and customer experience articles from various resources. Improve customer loyalty and retention by focusing on relationships by Sarah Olson. My Comment: I’ve always preached that there are two types of loyalty programs.

Customer Service 76

Customer Service Loyalty Airlines Loyalty Programs 76

SmartKarrot

NOVEMBER 2, 2020

Customer retention is very challenging for businesses especially in 2020. The unprecedented times and business environment have made it uncertain for business leaders on what steps to take to retain customers. So, retaining customers becomes necessary for any company to sustain itself in this economic turbulence.

Customer Retention 21

Customer Retention Strategy e-support Social Media 21

SurveySparrow

AUGUST 14, 2023

Bad customer experiences can have far-reaching consequences, impacting customer loyalty, brand reputation, and ultimately your bottom line. On the flip side, delivering outstanding customer experiences can lead to increased customer retention and advocacy. What is Customer Experience?

Omni-Channel 52

Omni-Channel Examples Customer Experience Self Service 52

SurveySensum

DECEMBER 6, 2023

By regularly assessing the health of customer relationships, you can intervene before issues escalate. For example, proactive customer support leads to increased satisfaction and customer loyalty. Optimize resource allocation more effectively. Are you looking to improve your customer loyalty program ?

Effort Score 52

Effort Score Metrics Customer Satisfaction System 52

SurveySparrow

JULY 18, 2023

Satisfied customers are more likely to return for future purchases, resulting in a steady revenue stream and long-term business growth. Related: All You Need To know about customer retention) What Makes a Superior Customer Experience? Also, the majority of their products are customized for the individual customer.

Strategy 52

Strategy Marketing Customer Experience Omni-Channel 52

BirdEye

MARCH 24, 2023

In this guide, we’ll provide you with the tools, tips, and strategies you need to thrive in the year ahead. This is a secret weapon that leading businesses use to transform satisfied customers into repeat businesses and zero-cost brand ambassadors. Stay in touch with existing customers post-sale to nurture relationships.

Return on Investment 98

Return on Investment Social Media Sales Metrics 98

SurveySensum

SEPTEMBER 26, 2023

Customers were signing up but not sticking around, and her SaaS platform was inundated with user complaints. In the competitive world of SaaS, the battle for customer retention and product adoption can be fierce. Your SaaS feedback platform acts as a bridge, connecting you directly to the voices of your customers.

Strategy 52

Strategy Management User Experience Measurement 52

ShepHyken

MAY 1, 2023

Each week, I read many customer service and customer experience articles from various resources. Looking Ahead for Loyalty in 2023 by Meg Tronquet (Concentrix) Loyalty programs were the talk of the town in 2022. It’s one thing to get the customer to come back. Does this really work?

Customer Service 13

Customer Service Customer Retention Loyalty Customer Service Training 13

SurveySensum

SEPTEMBER 22, 2023

It’s a state where your product not only meets but exceeds your customer expectations , making it the preferred choice amongst the alternatives. And when your product achieves product-market fit, you can not just acquire new customers but also increase customer retention and satisfaction leading to sustainable growth and profitability.

Survey 52

Survey Marketing Measurement Customer Satisfaction 52

Totango

AUGUST 11, 2022

First, we’ll look at how digital client relationships differ from live interactions and what this implies for SaaS customer relationship management. Then, we’ll consider why digital client relationships are so crucial for SaaS businesses and offer 14 tips you can quickly implement to help you build these digital relationships.

Tips 107

Tips How To Customer Journeys Net Promoter Score 107

ChurnZero

SEPTEMBER 16, 2021

9 Customer Retention Strategies for SaaS. Higher retention rates can mean higher customer loyalty for your business, something that’s crucial for success, especially for SaaS. If you want to throw more fire behind your customer retention strategies , keep reading for some tips and tricks to keep them going strong.

Customer Retention 52

Customer Retention Strategy Net Promoter Score Effort Score 52

Lumoa

FEBRUARY 9, 2023

Our A to Z Guide to Customer Experience Definitions and Terms covers everything you need to know, from clear definitions of key terms to a comprehensive overview of the topic. Customer-Centricity Customer centricity refers to customer-oriented culture in the company.

Net Promoter Score 445

Net Promoter Score Customer Journeys Customer Experience Omni-Channel 445

Lumoa

AUGUST 25, 2020

However, should your marketing budget be more focused on customer acquisition or retention is a tough question and one that will eventually define your growth. Talking about customer retention, you possibly already know the merits of investing time and money in keeping your existing customers satisfied and hooked.

Strategy 208

Strategy Chatbots Self Service Customer Retention 208

SurveySparrow

AUGUST 30, 2023

Let’s explore some compelling reasons backed by data: Loyalty Breeds Advocacy : A positive customer experience not only encourages repeat visits but also transforms customers into brand advocates. Research suggests that increasing customer retention rates by just 5% can boost profits by anywhere from 25% to 95%.

Customer Experience 52

Customer Experience How To Loyalty Programs Social Media 52

CustomerSuccessBox

NOVEMBER 23, 2021

As the name suggests, the goal of relationship marketing is to create a special relationship with your customers. There are many tips and tools to build customer loyalty ! The latter, on the contrary, is based on sales techniques that will trigger the act of purchase at the customer’s premises.

Loyalty 52

Loyalty Net Promoter Score Loyalty Programs Effort Score 52

Retently

FEBRUARY 20, 2023

Just like NPS, it allows projecting future revenue by identifying the expenditures of existing and new customers. This information can guide marketing strategies and improve customer retention efforts. RFM analysis can provide ecommerce businesses with insights into the most popular products among their customers.

Ecommerce 156

Ecommerce NPS Effort Score Analysis 156

SurveySparrow

DECEMBER 20, 2019

Stats say that 80 per cent of future profits of an enterprise will be from just 20 % of the existing customers. Retaining customers is pivotal to the growth of an organization. Customer Retention comes with creating a long-term relationship with the buyers and this is where relationship marketing comes into play.

Marketing 52

Marketing Social Media Customer Centricity Loyalty 52

LiveChat

DECEMBER 27, 2016

Whether I get tips on brewing coffee or I got a customized coffee that’s not on the menu. You not only can share a daily dose of knowledge regarding your industry or tips for the best ways to use your product, but you can also answer their questions and feedback there. Loyalty programs. Social media marketing.

Marketing 51

Marketing Social Media Loyalty Programs Customer Centricity 51

ChurnZero

MARCH 13, 2020

Looking at the inverse, if you use QBRs as a customer PIP to bring up past issues, you’ve waited too long. Proactive course-correction fuels customer retention. At ChurnZero, here are a few customer events that we track and act on immediately : Negative (red-flag) events: Data exports. Customer Success Around the Web.

Metrics 59

Metrics Customer Success Consulting Return on Investment 59

Thematic

NOVEMBER 13, 2018

There’s no denying that the focus on delivering great customer experiences (CX) has increased globally over the past few years. W hat once was a luxury that only a few companies had the resources to invest in (think Amazon and Netflix), has now become a staple on the CEO agenda. Improved operational processes. Grow top line revenue.

Voice of Customer 101

Voice of Customer Net Promoter Score Effort Score ROI 101