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5 Top Customer Service Articles For the Week of January 27, 2020

ShepHyken

Consider this: “Today’s consumers expect easy, valuable experiences that marketers in 2010 could scarcely imagine.” From mobile devices that require biometric authentication to replacing the pin codes and using biometric data to open accounts, the business world is undergoing a transformation.

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Brouhaha in Broadcasting: The Cable Digital Transformation

TechSee

McKinsey reports that cablecos still account for more than 60% of all connected homes, with the key providers averaging an impressive 25% return on invested capital. This profitability and market reach indicate significant growth potential for the cable industry if they can get in the game by embracing the cable digital transformation.

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100+ Customer Experience Stats to Prepare for 2023

CCNG

Marketing Metrics, 2010) Increasing customer retention rates by 5% increases profits anywhere from 25% to 95%. Zendesk, 2022) More than 70% of customers expect agents to have access to all information relevant to their account and query. Forrester, 2018) 90% of customers prefer to talk to a live service agent over a chatbot.

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Guest Post: The Shocking Percentage of Customers Who’d Leave Your Business Due to Bad Service – and What You Can Do About It

ShepHyken

Two-thirds of businesses now use their customer service as a unique selling point (USP) to help them stand out in the market, compared to 10% in 2010. A good customer experience has many elements, and taking them all into account is important to keep your customers happy. . How can you improve your customer service?

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What is the CFPB Consumer Financial Protection Bureau? Definition, Tips, Best Practices, and Compliance Challenges of the CFPB

Callminer

The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act introduced in response to the 2008 financial crisis authorized the creation of the NFPB which came into operation the following year. Speech analytics enable you to monitor 100% of your calls ensuring procedural compliance.

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This is how you get your case for change accepted by your organization

Beyond Philosophy

Plus, over the past decade, from 2010 to 2019, only one-third of organizations improved their customer satisfaction. However, the past numbers don’t account for the circumstances that can change. However, we can see that customer satisfaction is down in the research. Now, using that data is great because it is reality.

Finance 195
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Outsource Consultants Makes 2019 Inc. 5000 List

Outsource Consultants

billion in 2018, accounting for 1,216,308 jobs over the past three years. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent.