Beyond Philosophy

JUNE 1, 2015

Many companies have only recently come to the realization that some customers are more valuable than others; and, to be successful, loyalty programs need to target the higher, and potentially higher, revenue customers.

Airlines 210

Airlines Entertainment Consulting Consulting 210

Beyond Philosophy

NOVEMBER 9, 2023

Statistic #4: The American Customer Satisfaction Index (ACSI) says from 2010 to 2019, about 70% of the companies tracked by ACSI had declined or flat customer satisfaction scores. What is worse is that since then, American customer satisfaction declined more. It cripples their customer-driven growth.

Customer retention 195

Customer retention Sales Consulting Consulting 195

Netomi

JANUARY 5, 2022

Customer service leaders come in all shapes and sizes. This is especially true in the customer service industry. Customer Experience (CX) has catapulted into one of the most important aspects of determining business success. Top 51 Customer Service Leaders and CX Influencers (Editor’s Choice): Adam Toporek.

Customer Experience 98

Customer Experience Customer Service Consulting Consulting 98

Hodusoft

MARCH 18, 2025

Improve Customer Retention Rate According to recently published data , the average customer retention rate in the e-commerce sector is about 38 percent. When compared with other sectors, the customer retention rate of the e-commerce industry is among the lowest.

Contact Center 52

Contact Center Contact center software Advertising Best practices 52

The Petrova Experience

JANUARY 28, 2025

Businesses need customer feedback collection to thrive in a competitive market. Everyone thinks they are collecting and acting on customer feedback, yet 80% of US companies failed to increase customer satisfaction since 2010. And customer retention rates are plunging. Customer retention drops.

Feedback 40

Feedback Healthcare Surveys Customer retention 40

C3Centricity

AUGUST 17, 2020

89% of consumers have stopped doing business with a company after experiencing poor customer service. RightNow Customer Experience Impact Report. Walker forecast that by 2020, customer experience will overtake price and product as the key brand differentiator. Customers 2020 Report. CEI Survey.

Customer centricity 118

Customer centricity Airlines Big data Marketing 118

SharpenCX

JUNE 30, 2021

According to PWC , the number of companies investing in their omnichannel customer experience jumped by more than 300% from 2010 and 2020. Companies knew it was taking the customer service world by storm, but as with any trend, it was hard to predict if it’d be fleeting or if it’d stick around.

Customer Experience 76

Customer Experience Multichannel Customer retention Customer centricity 76

eGain

MARCH 3, 2015

In contrast, customer satisfaction is very hard to measure. Customer service is subjective and is only one part of the consumer’s overall experience with a company. There are many variables that can affect how people perceive customer service and no single measurement of what makes it good.

Customer Experience 69

Customer Experience Management Contact Center Average Handle Time 69

ProProfs Blog

OCTOBER 25, 2019

That’s because of long-term customer loyalty results to: Increase word-of-mouth publicity. Reduce new customer acquisition cost. Reduce customer retention cost. According to a study published by Bain , a customer experience promoter has a lifetime value to a company that’s 600 to 1,400% that of a detractor.

Surveys 84

Surveys Accountability Metrics Feedback 84

ChurnZero

JANUARY 13, 2022

Bill Mahoney, Chief Customer Officer, ComplySci. In his new role, Bill will be responsible for ensuring success throughout the customer entire lifecycle, from initial onboarding onward. She understands customer service and puts customers first every single day.

Chief Customer Officer 98

Chief Customer Officer SaaS Engineering Consulting 98

C3Centricity

DECEMBER 3, 2018

Every few days there seems to be another customer service disaster that fills the newspapers and goes viral on social media. These usually happen when an organisation does not adopt a customer first strategy. Almost every single organisation, big or small, recognises the importance of their customers. Source: CEI Survey).

Big data 87

Big data B2C Marketing Airlines 87

AskNicely

AUGUST 17, 2018

Why is Customer Obsession a Priority? And 23% of CEOs list customer service as one of their top three business priorities. Savvy CEOs understand that growth and employee engagement can be created by listening to customer feedback while following one guiding principle: Be customer obsessed. 28% say workforce.

Feedback 60

Feedback Customer centricity Surveys Employee engagement 60

GetFeedback

DECEMBER 27, 2018

Learn about the top two customer surveys for predicting and increasing customer retention. From 2010 to 2015, email opens on mobile grew 30% , leaving desktop and webmail clients in the dust. Long story short, if you’re sending email surveys to customers, you need to assume they’re opening them on their phones.

Surveys 90

Surveys Feedback Abandon rate Personalization 90

LiveChat

APRIL 10, 2017

Put simply: once you build a solid customer base, it’s essential that you shift your focus toward retaining customers and ensuring they remain loyal. 4 Main Tenets of Customer Retention. Each of the strategies we’ll discuss throughout this article fall under one of four main principles: Knowing your customers.

Customer retention 28

Customer retention Sales Personalization CRM 28

ijgolding

FEBRUARY 26, 2019

Guy Letts led customer service at a FTSE 100 company before founding CustomerSure in 2010. Hundreds of medium to large companies now rely on CustomerSure’s award winning customer experience software to measure and improve customer satisfaction and retention.

Feedback 85

Feedback Surveys Journey mapping outsourcing 85

customer sure

DECEMBER 6, 2023

Loyal customers are not only more likely to make repeat purchases, but they are also valuable brand ambassadors who can influence others through positive word-of-mouth, reviews and social media interaction. When you think about it, customer experience opportunities truly are everywhere.

Customer Experience 62

Customer Experience Brand ambassadors Healthcare Journey mapping 62

ClearAction

FEBRUARY 7, 2016

Driving Customer Experience Across the Enterprise. Bridging the Customer Experience Chasm : Championing the Effort, pages 5-6. Customer Experience Management on a Shoestring Budget page 5. Customer Service “Wow” Versus “Ow” Interaction Bridges for Keeping Customer Commitments.

Customer Experience 48

Customer Experience Customer centricity Employee engagement Enterprise 48

ChurnZero

JANUARY 10, 2020

. “Our relationship with our customers is everything, and it is essential that we create a seamless, unified experience across all customer touchpoints and add value with each interaction. While at Oracle, Lisa led the customer success of Oracle’s 200 largest enterprise customers.

Chief Customer Officer 52

Chief Customer Officer SaaS Customer retention Engineering 52

NobelBiz

FEBRUARY 22, 2023

This is done to increase customer satisfaction and improve customer service. In 2021, 67 % of businesses want to focus on customer experience, up from only 36 % in 2010! However, contact centers are becoming more aware of new KPIs, such as customer journey monitoring (CJT).

Contact Center 52

Contact Center Customer centricity Analytics Abandon rate 52

NobelBiz

FEBRUARY 22, 2023

This is done to increase customer satisfaction and improve customer service. In 2021, 67 % of businesses want to focus on customer experience, up from only 36 % in 2010! However, contact centers are becoming more aware of new KPIs, such as customer journey monitoring (CJT).

Contact Center 52

Contact Center Customer centricity Analytics Abandon rate 52

Hodusoft

JUNE 7, 2024

For customer service businesses, call/contact centers play an important role in driving sales, improving retention rates, delivering excellent customer service and ultimately enhancing their brand’s reach and achieving positive recognition. We are what we repeatedly do. Excellence, then, is not an act but a habit.”

Best practices 52

Best practices Call Center Omni-channel support Management 52

Balto

AUGUST 3, 2022

We limited respondents to those whose organizations contained sales, customer service, or collections contact centers. For example, studies show that: Customers who had a bad customer service interaction are 50% more likely to share it on social media than those who had a good experience. 2010, December).

Contact Center 52

Contact Center Interactive Voice Response Surveys Self service 52

Connecting the Dots

APRIL 3, 2024

For example, in the IT industry, the software buyer may be a Systems Administrator who is procuring the application on behalf of a variety of downstream users or customer service staff in other departments. Footnotes 1 What Is Customer Success? Stop Trying To Delight Your Customers. 2021, January 27). Freeman, K. &

Education 62

Education B2B Sales Surveys 62

SmartKarrot

MAY 14, 2020

Customer success as a function in a business has undergone a vast evolution in itself, especially in the last decade, when more and more companies have realized the benefits of customer retention and loyalty. Between 2000 to 2010: CRM, Web Channels, Mobile App . 2010: SaaS, 2013: Customer Success .

SaaS 10

SaaS Upselling Customer retention CRM 10