SharpenCX

NOVEMBER 17, 2021

Long-term customers are more valuable to your company’s growth than you may think. A study from Harvard Business School found that increasing customer retention rates by even 5% can boost your company’s profits by 25-95%. Spotify, originally founded in 2006 in Sweden, continues to see success. Spotify Finds Success.

Customer retention 145

Customer retention Personalization Accountability Customer Experience 145

Beyond Philosophy

JUNE 4, 2015

To understand customers, the effective enterprise needs to think in human, emotional terms. To make the brand or company more attractive, and have more impact on customer decision-making, there must be an emphasis on creating more perceived value and more personalization. Are customer experiences ‘human’ and branded?

Airlines 360

Airlines Marketing Enterprise Advertising 360

ProProfs Blog

FEBRUARY 13, 2020

And when customers get their desired discounts and offers, they tend to purchase more from the same brand and spread the word amidst their known ones. A decade long survey from 2006-2016 examined the growth trends of loyalty programs in the US and found that memberships have grown from 3.3 Customer Loyalty & Retention.

Customer retention 164

Customer retention Sales B2B Airlines 164

PeopleMetrics

APRIL 28, 2015

In 2006, the most common reason customers visited a branch was to deposit funds. In 2014, the most likely reason a customer is in the branch is to resolve an issue. This means the customers' needs and expectations from the bank's employees are more demanding and higher than ever.

Banking 79

Banking Customer Experience Surveys Finance 79

Outsource Consultants

JANUARY 27, 2025

This blog post will explore why the Philippines is the secret weapon for achieving customer service excellence. From 2006 to 2012, the industry’s revenue grew by an impressive 46% annually. This linguistic advantage enables clear, effective communication with customers worldwide. In 2013, BPO revenue rose to $15.5

outsourcing 67

outsourcing Call Center Government Telecommunications 67

ijgolding

FEBRUARY 9, 2016

They reported in 2006 in the Proceedings of the National Academy of Sciences USA that elephants, like the other mammals in that exclusive circle, are the only animals known to recognize their reflections in a mirror. This quote is one that I wholeheartedly agree with.

Airlines 65

Airlines Surveys Customer centricity Customer Experience 65

Hodusoft

JUNE 7, 2024

Customer Relationship Management (CRM) Integration Call and Contact center agents often use CRM software to access: Customer information Previous interactions Purchase history Other relevant data This helps agents provide personalized assistance and streamline communication.

Best practices 52

Best practices Call Center Omni-channel support Management 52