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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

For example, if you find that a competitor has high customer churn rates due to poor customer service, this isn’t just a point to mull over—it’s an actionable insight. Could your company fill this void with exceptional customer service and thereby win over disenchanted consumers?

Analysis 260
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CX: Balancing Functionality and the Human Experience with John Sills

ShepHyken

In his book, The Human Experience , John Sills shares the three myths that create poor customer service. The Myth of Customer Feedback. This myth is a problem because once organizations believe that customers are loyal, they stop trying. They start taking their customers for granted.

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7 Important Questions to Ask Customers for a Better Customer Experience

GetFeedback

The idea behind this question is to find aspects of the customer experience that are less than satisfactory so that you can figure out how to improve them for future customers. In most cases, it’s better to receive occasional negative feedback than it is to receive no negativity at all. We learn from our mistakes.

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The #1 Reason Most Voice-of-Customer (VoC) Data Are Wasted

Stella Connect

Why are so many customer feedback programs so inefficient? Marketing and customer service teams use customer feedback to restructure service operations, or to make broad strategic decisions for the company as a whole. Talk about a return on investment. And that’s where the data stay.

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4 Technology Priorities for Enterprises Preparing for Economic Downturn

Bizagi

2 – Prioritize initiatives that keep existing customers happy. 90% of consumers have left a business because of poor customer service, reports Customer Think. The need for excellent customer experiences will only increase we enter a period of economic uncertainty.

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ROI of Social Customer Service: How to Calculate It and Create a Strong Business Case

Natalie Petouhof

Tweet The phrase “customer service is the new marketing” has gained popularity with brands realizing that poor customer service takes current, and even potential customers, out of the marketing funnel. A strategy to meet the social customer care goals and objectives. Costs of Investment.

ROI 45
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Reduce Customer Churn with the Voice of the Customer (VoC)

Thematic

A focus on customer acquisition often overshadows the vital task of retention. A shocking 66% of consumers end relationships with companies due to poor customer service. This highlights a disconnect: Customers crave positive experiences, yet businesses sometimes must listen proactively. The consequence?