article thumbnail

40 Customer Retention Statistics You Need to Know

GetFeedback

Only slightly more than 10% of consumers are willing to stay on the line for over five minutes for customer service. ( Genesys ). Faced with poor customer service, 20% of consumers would complain publicly via social media. ( 42% of respondents have left a business due to poor customer service. (

article thumbnail

Improve Your Customer Service With These 5 Steps

GetFeedback

One reason for the overconfidence on the part of businesses is that most customers who have poor experiences don’t complain about the experience. Without actively monitoring for poor customer service interactions, most companies don’t even know they exist and so they can’t improve.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

9 Customer Experience Metrics to Help your Brand Succeed

delighted

CSAT, or customer satisfaction, is a metric that measures how satisfied customers are with your products and services. It is most commonly measured every time one of your customers interacts with your customer service representatives. Net Promoter Score (NPS).

Metrics 66
article thumbnail

9 Customer Experience Metrics to Help your Brand Succeed

delighted

CSAT, or customer satisfaction, is a metric that measures how satisfied customers are with your products and services. It is most commonly measured every time one of your customers interacts with your customer service representatives. Net Promoter Score (NPS).

Metrics 47
article thumbnail

6 Things Every CEO Should Know about Customer Service

Tricia Morris

companies alone each year due to poor customer service. But according to the same report, after a positive customer experience, 69% of consumers would recommend the company to others and 50% would use the business more frequently. It costs six times more to acquire a new customer than to retain a current one.