Remove 2013 Remove Customer retention Remove Upselling
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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%.

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Increase Lifetime Customer Value (9 Proven Approaches)

Babelforce

These can include the likelihood of full retention (based on factors like age), the acquisition cost and the value of their purchases. As we’ve seen, increasing your CLV comes down to three things; improving customer retention, raising the average customer spend and cutting cost to serve. Higher spend-per-customer.

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How to Prepare an Effective Quarterly Business Review

Education Services Group

Irit Eizips is the Chief Customer Officer & CEO at CSM Practice, is a world-renowned expert on customer retention, upsells, cross-sells, and customer value strategies and methodologies. Since 2013, Irit has been pivotal in shaping Customer Success best practices.

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Why Philippines Outsourcing and Call Centers Are the Secret Weapon for CX Excellence

Outsource Consultants

In 2013, BPO revenue rose to $15.5 Outsourcing to a Philippine call center enabled rapid scalability, resulting in a 40% reduction in average handle time and a 35% increase in positive customer feedback. Additionally, Filipino agents’ product expertise and upselling abilities contributed to a 15% boost in sales.

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Inside Customer Success: Uberflip

Amity

I’m the VP, Customer Success here at Uberflip. The first being product adoption, the second being customer retention, and the third being customer expansion. It might help to start with a bit of a history, give that, relative to other teams here at Uberflip, Customer Success is still very new.

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The Evolution of the Customer Success Renewal Playbook

SmartKarrot

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. 2010: SaaS, 2013: Customer Success . Conclusion .

SaaS 10
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Top 50 Women Leaders in Customer Success 2022

SmartKarrot

Focused on customer happiness, Anika is passionate about developing and maintaining good relationships with customers. She has helped several companies grow and scale their business by developing streamlined customer success processes and successful customer retention strategies. Anita Toth. Keri Keeling.