article thumbnail

$75 Billion Dollars Is Lost Due to Poor Customer Service

ShepHyken

Two years ago I reported on NewVoiceMedia’s “serial switchers” report that indicated that $62 billion was lost due to poor customer service. That number, in their new report now has that number pegged at $75 billion! That failure results in 67% of customers becoming what they call “serial switchers.”

article thumbnail

How businesses in Australia are losing $11bn a year due to poor customer service – a 38% increase from 2014 (INFOGRAPHIC)

Vonage

Customer experience is the key differentiator, and by doing it well, organisations can drive the customer acquisition, retention and efficiency that make leading companies successful. Check out this infographic to discover the impact of poor customer service and then download our free research report for more info.

Insiders

Sign Up for our Newsletter

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

article thumbnail

When Live Chat Won’t Help Poor Customer Service

Velaro

I’ll have some great examples to share in a few weeks, but for now and more generally, live chat’s ability to easily collect and report meaningfully on agent-level, team-level, and organization-level data makes it the easiest channel to use to fuel your efforts at continually improving the quality of your customer service.

article thumbnail

NEW REPORT: 63% of UK Consumers Have Left a Brand Due to Poor Customer Service

Tricia Morris

With the Institute of Customer Service reporting that customer satisfaction in the U.K. brands and organizations to know as much as possible about consumers and their growing expectations for service across channels. is at its lowest level since 2010 , it has never been more important for U.K. The 2015 U.K.

article thumbnail

Flying in the face of poor customer service

Helen Dewdney

Paul then made a complaint to the representative, who made a report and also refunded the 50 Euros for the visas. 5) They received appalling service from Thomson ground crew and flight crew. not have to do because Thomson had not provided the service for which they had paid.

article thumbnail

The $62 billion customer service scared away [INFOGRAPHIC]

Vonage

New research from NewVoiceMedia offers a compelling view of the consequences of poor customer service in the U.S. businesses each year following bad customer experiences. Check out this infographic to discover the impact of poor customer service and then download our free research report for more info.

article thumbnail

The cost of NOT focussing on Customer Experience

ijgolding

Only last week, research from Ombudsmen Services in the UK found that 79% of people will avoid a brand or company if they have received poor service in the past – this is not new news. Only today, UK house builder, Bovis Homes saw their shares plunge as customer service failings dragged down their profits in 2016.