Remove 2010 Remove Accountability Remove Customer Support
article thumbnail

100+ Customer Experience Stats to Prepare for 2023

CCNG

(Oracle, 2011) Businesses have a 60 to 70% chance of selling to an existing customer while the probability of selling to a new prospect is only 5% to 20%. Marketing Metrics, 2010) Increasing customer retention rates by 5% increases profits anywhere from 25% to 95%. slow internal processes, and unwillingness to change.

article thumbnail

8 B2B Customer Support Breakthroughs to Prepare for In the Next Decade

TeamSupport

As we look forward into the next decade, let's first reflect back to the previous one and the impact it had on customer support. The 2010's was a decade driven by the emergence and evolution of mobile technology, making it easier to communicate than ever before. But who is the customer?

B2B 80
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

5 Reasons You Need a Next-Gen Chatbot for Customer Support

Solvvy

The Time is Right for a Customer Support Chatbot. In 2020 it’s become more important than ever to provide your customers with fast, effective, and personalized support. Top companies need to be able to handle increased volumes and customer expectations with fewer resources. What is a Next-Gen Chatbot?

article thumbnail

4 Reasons Why Omnichannel is Now Key to Customer Support

Comm100

Some sources claim that the concept of ‘omnichannel’ was coined in 2010. Whenever and how ever it began, omnichannel has never been more important, and it has now become crucial to successful customer experience (CX). Here’s a helpful blog on what omnichannel customer engagement really means ). Others even further back in 2003.

article thumbnail

8 Essential Types of Software Every Business Needs

CSM Magazine

Today, having a social media presence is a must as it is the best way to reach new customers and set yourself apart from the competition. But how can you find enough time to manage all your social network accounts? Customer Relationship Management. Accounting. Payment Processing. Final Thoughts.

CRM 97
article thumbnail

5 Essential Features for Customer Service Success

Kayako

Investments in customer service can boost brand loyalty and revenue growth. One study found that the brands that provide the best customer experiences achieved 17% compound growth between 2010 and 2015. Brands with the most unhappy customers posted a paltry 3% growth over the same period.

article thumbnail

4 Reasons Why Omnichannel is Now Key to Customer Support

Comm100

Some sources claim that the concept of ‘omnichannel’ was coined in 2010. Whenever and how ever it began, omnichannel has never been more important, and it has now become crucial to successful customer experience (CX). Here’s a helpful blog on what omnichannel customer engagement really means ). Others even further back in 2003.