ProProfs Blog

FEBRUARY 13, 2020

Efforts to retain customers, help you formulate effective loyalty programs that your customers enjoy being a part of. Let’s take a look at customer loyalty statistics and observe the various ways that help a business improve and boost customer loyalty. Customer Loyalty Statistics 2020 You Shouldn’t Miss.

Customer retention 164

Customer retention Sales B2B Marketing 164

ChurnZero

AUGUST 11, 2020

Did you know that 60% of SaaS companies reported a negative impact on customer retention and upsell deals due to the pandemic? Customer retention, along with new customer acquisition, has been challenging for most companies when the pandemic hit. The second quarter of 2020 was chaotic. This is shocking.

Customer retention 97

Customer retention Chief Customer Officer SaaS Accountability 97

ProProfs Blog

JANUARY 30, 2020

In this blog, we aim to collate various customer engagement statistics in one place that will give you an idea about various aspects of engagement with customers. Customer Engagement Statistics 2020 Explained. More than 60 percent of failed customer support calls could have been solved with better access to data.

B2B 204

B2B Banking Personalization Employee engagement 204

aircall

JUNE 30, 2021

Many look to the company for ways to improve customer retention. Email: Ring’s Secret to Improve Customer Retention. For one thing, it sends new customers emails to share tips on properly setting up the product. However, Ring is not the only company to reap the rewards of its stellar customer retention strategies.

Customer retention 62

Customer retention Customer advocacy Wait times Brand ambassadors 62

UJET

JULY 7, 2020

The days of on-premises support systems and locally-based customer support agents is over. Cloud-based customer service platforms have significantly helped companies rapidly transition their workforce without compromising the reliability to serve their customers. Real-time Customer Support Management.

Customer Support 106

Customer Support contact center workforce Quality management Contact Center 106

UJET

JULY 7, 2020

The days of on-premises support systems and locally-based customer support agents is over. Cloud-based customer service platforms have significantly helped companies rapidly transition their workforce without compromising the reliability to serve their customers. Real-time Customer Support Management.

Customer Support 96

Customer Support contact center workforce Quality management Contact Center 96

ProProfs Blog

FEBRUARY 7, 2020

Everyone says that customer support used to be easy. For an 18th century blacksmith, the questions and concerns from customers were pretty simple. At least it was obvious that customers would simply walk to the store whenever they needed support. . Customer support is not rocket science.

Customer Support 160

Customer Support Surveys Inbound sales Construction 160

Fonolo

JANUARY 14, 2020

Which customer service blog posts helped to shape the last decade for you? . When we look back at the customer support industry in 2010, we see a very different beast to the one we work in today. Here, we cover the 20 best customer service blogs and influencers to follow in 2020. Flavio Martins @ WinTheCustomer.

Customer Service 136

Customer Service Chief Customer Officer Contact Center Call Center 136

ProProfs Blog

MAY 6, 2020

Customer Experience & Live Chat Statistics. Future of Customer Experience. Must-Read 53 Customer Experience Statistics for 2020 . With these customer experience stats, facts, and trends, your business can effectively create some of the best strategies that keep customers delighted with your services.

Customer Experience 99

Customer Experience B2B B2C Sales 99

Solvvy

SEPTEMBER 10, 2020

While leading consumer fin-techs in payments, lending, and banking are always looking to provide best-in-class customer experience and multi-channel accessibility, however, significant, rapid growth can strain customer support teams, increase handle times, and turn-off newly acquired customers.

Chatbots 62

Chatbots Customer Support Education Self service 62

Babelforce

OCTOBER 2, 2020

2020 is speeding by – and it hasn’t been easy for anyone. In this post: Acquisition and loyalty Debt Recovery The Cloud Automation API Integration / Development Customer Service / CX General Call Center Statistics. Companies that increased customer retention by 5% also increased their profits between 25%-95%. The upshot?

Contact Center 52

Contact Center APIs Call Center Wait times 52

ChurnZero

JANUARY 10, 2020

As SaaS gets more serious about Customer Success, their representation on the executive and C-suite level will follow (as envisioned in our 2020 Customer Success predictions ; see #2). Based on LinkedIn research, Customer Success r oles saw 34% annual growth —qualifying them as one of the top emerging jobs in 2020.

Chief Customer Officer 52

Chief Customer Officer SaaS Customer retention Engineering 52

CSM Magazine

NOVEMBER 11, 2020

The 2021 Customer Support Trends Report shows how the COVID-19 pandemic is impacting support leaders’ annual plans and identifies conversational support as a key strategic area of investment in 2021. The report is based on a survey of nearly 600 customer support leaders from B2B and B2C organizations.

Customer Support 52

Customer Support B2C Chatbots B2B 52

Select VoiceCom Blog

JANUARY 8, 2024

SVC partners with a New York media outlet SVC began an outsourcing partnership with a New York media outlet in 2020 to assist them in customer service and retention as well as tech support. After 3 months, the client expanded the scope to add tech support.

Customer retention 52

Customer retention outsourcing Metrics Customer Support 52

TeamSupport

MARCH 3, 2021

In Part 1 of this blog series we introduced the new imperative for customer support and customer success—achieving success for your customers… and for your bottom line. The second way is to use B2B customer support tools to proactively strengthen your customer relationships and reduce churn.

B2B 98

B2B Upselling Customer retention Customer Support 98

Nicereply

MAY 14, 2020

Customers and business buyers are now more deliberate about the impact and ethos of brands they support. This can have a real effect on revenue and customer retention rates. The post 4 Ways to Boost Customer-Facing Activities in 2020 appeared first on Customer Happiness Blog.

Transportation 92

Transportation Sales Feedback Marketing 92

Ameyo

JUNE 6, 2018

With customer experience research giants predicting CX to overtake price and product as the key brand differentiator by the year 2020, Customer Support department can no longer be considered as just a cost center.

Customer Support 53

Customer Support Customer Experience Customer retention Customer Service 53

ShepHyken

JUNE 13, 2016

And, more than just another channel, Twitter has created applications specific for customer service and business. Difficult Customers 101: The 4 Difficult Customers & How To Tame Them With Customer Support by Jack Plantin. 24 Experts Reveal Their Top Customer Retention Strategies For B2C Brands by Clutch.

Customer Service 208

Customer Service Upselling Customer retention B2C 208

OctopusTech

APRIL 27, 2021

Companies are now focusing more on customer support to enhance the customer experience. Thus, Customer support outsourcing is the key to attain a new record in sales and customer retention. Even the small businesses were investing in Customer support outsourcing to enhance CX during the lockdowns.

outsourcing 101

outsourcing Chatbots Customer Support Self service 101

ShepHyken

OCTOBER 4, 2019

Thus, you don’t have to make more efforts to find new customers. Finding new customers is, of course, costlier when compared to retaining the existing ones. Customer engagement guarantees business growth and success. In 2020 , customer experience will overtake price and product quality as the key brand differentiator.

Benchmark 310

Benchmark Feedback Customer retention Consulting 310

JustCall

FEBRUARY 5, 2020

With 2020 opening up, the education industry is all set to witness more advancements. This will help you design potential strategies for customer generation as well as customer retention. Understand what efforts are required by the sales team to convert into a final customer. sales Pipeline – Lead management.

Education 84

Education CRM Sales Accountability 84

REVE Chat Blog

MARCH 11, 2020

Key live chat statistics for 2020. When customers get instant answers to their queries, they are satisfied and happy. The below live chat statistics 2019 show it is one of the most preferred channels among customers. . Live chat statistics: Customer Support . Key Customer Support Statistics.

Chatbots 64

Chatbots Real estate Sales Finance 64

Totango

MAY 27, 2022

SaaS businesses adopt product-led marketing to lower customer acquisition costs while improving customer retention and accelerating revenue growth. Product-led growth is a marketing, sales, and customer retention strategy that relies on the customer’s experience with the product to drive purchases.

SaaS 123

SaaS Customer retention Sales Marketing 123

delighted

JANUARY 7, 2020

This focus on customer experience is yielding some impressive returns: The XM Institute found that companies that earn $1 billion annually can expect to earn, on average, an additional $700 million within 3 years of investing in customer experience. That said, customers are becoming more sensitive to when brands fail to do this.

Customer Experience 40

Customer Experience Surveys Feedback Marketing 40

CustomerSuccessBox

JULY 2, 2021

They act as catalyst for customer retention. . How are customer success managers measured? Most common KPIs for customer success managers is renewals. Additionally customer retention they may also be responsible for driving customer onboarding, upsells. . What do Customer success managers do?

Management 52

Management Customer retention Upselling Accountability 52

JustCall

FEBRUARY 25, 2020

The year 2020 calls for progressive financial services. It is an easy to use application that brings sales, Marketing, Customer Support & Service and Inventory Management in a single business platform. With its efficient sales pipeline management and customer retention features, it fits the budget as well.

Finance 59

Finance CRM Accountability Sales 59

CCNG

OCTOBER 19, 2022

(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.

Customer Experience 195

Customer Experience Journey mapping Metrics Surveys 195

Outsource Consultants

JULY 26, 2021

Every business leader is running one of two businesses, whether they know it or not: their business as it existed before 2020 or their business as it will exist in 2021 and beyond. Here’s where our expert advisors see the most opportunity in the next 12 months: Customer Service. Technical Support & Help Desk.

outsourcing 128

outsourcing Call Center Technical Support Contact Center 128

ProProfs Blog

APRIL 18, 2019

According to a study by Walker , Customer experience will take over product and price as the key brand differentiator by 2020. You contact customer support of that particular website through live chat. Owning a business is great, but what happens when your customer base is stagnant? Customer Retention.

Customer Support 136

Customer Support Analytics Customer retention Customer Experience 136

Comm100

NOVEMBER 29, 2021

In this blog, we’ll look at the top customer service trends to expect in 2022 so you can build a team of customer experience excellence. In recent years there has been a clear and decisive move towards digital customer support, but 2021 has fast-forwarded this shift further than anyone could have predicted.

Customer Service 90

Customer Service Chatbots Surveys Customer retention 90

delighted

FEBRUARY 16, 2023

Since acquiring a new customer can cost 7x more than retaining an existing customer, focusing on long-term customer success is crucial for growing businesses. In this post, we’ll cover: What is customer success? Customer support (or customer service ) involves working on the front lines with customers.

Customer retention 52

Customer retention Metrics Feedback Accountability 52

CustomerSuccessBox

JUNE 29, 2021

They act as catalyst for customer retention. . How are customer success managers measured? Most common KPIs for customer success managers is renewals. Additionally customer retention they may also be responsible for driving customer onboarding, upsells. . What do Customer success managers do?

Management 52

Management Customer retention Upselling Accountability 52

Comm100

NOVEMBER 29, 2021

In this blog, we’ll look at the top customer service trends to expect in 2022 so you can build a team of customer experience excellence. In recent years there has been a clear and decisive move towards digital customer support, but 2021 has fast-forwarded this shift further than anyone could have predicted.

Customer Service 66

Customer Service Chatbots Surveys Customer retention 66

Nicereply

FEBRUARY 1, 2023

Omnichannel customers are proven to be more profitable Provides omnichannel support across all customer touchpoints, from voice to email, chat, and social media support and reduces customer effort, and maximizes Revenue. billion in 2020 to $1,009.8 during this period (Research&Markets, 2020).

Customer Experience 59

Customer Experience Advertising Chatbots B2B 59

Nicereply

JUNE 30, 2020

In fact, a recent Walker study found that by the end of 2020, customer experience will overtake price and product as the key brand differentiator. Your customers care more about the support and experience you provide than anything else. The basic benefits of great customer support. Word-of-mouth marketing.

Construction 98

Construction Customer retention Metrics Surveys 98

TMP Direct

SEPTEMBER 23, 2021

The number of brands improving their CX in 2020 was up 13% from 2019, and the number is expected to grow further in 2021. More than two-thirds of companies that led in customer experience outpaced others in their industries in the second half of 2020. Happy customers are much less likely to return products or demand a refund.

Omni-channel support 52

Omni-channel support B2C Employee engagement Engineering 52

Blueship Call Center

MAY 25, 2023

The costs of technology, infrastructure, overhead, and people management, including employee recruiting and training, are necessary for providing excellent customer service. Here, customer retention outsourcing excels at adding a layer of customer support while cutting expenses for your company.

outsourcing 40

outsourcing Call Center Contact Center Customer Care 40