CSM Practice

MAY 13, 2020

CSM Practice conducted a weekly survey to observe potential improvements with how the crisis impacted SaaS companies and customer success management teams. We have compiled the results of our 4-week survey. We generated an overall analysis of the pandemic effects on Customer Success from around the globe.

SaaS 83

SaaS Surveys Upselling Customer retention 83

ShepHyken

AUGUST 14, 2020

As per stats released in HubSpot’s 2020 State of Marketing report , videos were the most preferred form of content for brands in 2019. The same study highlighted that 73% of customers worldwide love to watch videos on social media that are entertaining. #3. However, videos deserve top priority.

Customer Experience 256

Customer Experience Entertainment Sales Advertising 256

Quiq

MARCH 31, 2022

Marketing and sales consistently combine their efforts to attain the most customers at the lowest price. But few businesses dedicate as many resources to customer retention. Keeping customers happy and continuing to buy from your e-commerce business deserves (and often requires) as many resources.

Customer retention 77

Customer retention Metrics Personalization Benchmark 77

ChurnZero

DECEMBER 29, 2020

2020 was a real mixed bag of emotions. All I know is that if someone were to ask me if I’ll miss any aspect of 2020 (perhaps the solitude and introspection of it all), my reaction will most likely be this: So, here’s to hoping we find a few more chocolate-filled chocolates in next year’s box. Top 10 Blog Posts from 2020.

SaaS 98

SaaS Chief Customer Officer Upselling Metrics 98

JustCall

OCTOBER 25, 2023

The best way to evaluate your agent’s performance is using a powerful tool – the post-call surveys. Read this blog to know how you can use post-call surveys to address key concerns and craft a strong customer retention strategy. Why Is Customer Retention Challenging? The reason?

Customer retention 52

Customer retention Surveys call center software Feedback 52

CCNG

OCTOBER 19, 2022

of CMOs agree or strongly agree that amazing customer experiences provide a powerful competitive advantage. Martech Alliance, 2021) Nearly half (48%) of survey respondents said the customer experience they deliver falls below or significantly below their customers’ expectations. (Acquia, 2019) 78.5%

Customer Experience 195

Customer Experience Journey mapping Metrics Surveys 195

Satrix Solutions

FEBRUARY 12, 2020

If you’re not gathering robust and representative data across all key customer contact roles and segments to guide actions that will improve the customer experience, you’re at risk for losing market share to your competitors. The right people are empowered to get things done that will improve customer retention and advocacy.

B2B 78

B2B Feedback Consulting Consulting 78

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. Capture and implement customer feedback. One of the easiest ways to gauge satisfaction within your customer base is by simply asking them.

Transportation 92

Transportation Sales Feedback Marketing 92

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 Brand ambassadors Wait times 62

Creative Virtual

JULY 22, 2020

The closing of physical store and office locations, restrictions on in-person activities, new guidelines to keep contact centre agents safe, rapidly changing information – these challenges and disruptions to business-as-usual have forced organisations to adapt quickly and re-evaluate the needs of their customers.

Virtual Agent 52

Virtual Agent Self service Surveys Customer centricity 52

ChurnZero

SEPTEMBER 29, 2020

Instead they created a new immersive online experience that took the course over two days (September 22 & 23, 2020). . Check out 2 mind-blowing stats about Customer Expectations! Jignesh Thakkar (@socialjignesh) September 22, 2020. . Every employee is on the Customer Success team. Customer Service ?

SaaS 59

SaaS Metrics Best practices Customer retention 59

ProProfs Blog

JUNE 15, 2020

Use Online Surveys to Get Their Opinions. Sometimes, your customers’ activity on your social media pages won’t be enough for you to figure out their impressions or opinions to analyze them more profoundly. That’s why you should send customer satisfaction surveys after the support process comes to an end. .

Surveys 157

Surveys Marketing Customer retention Personalization 157

ChurnZero

JUNE 23, 2023

In turn, the swing has rightfully put an increased focus on customer retention. That conjures the question: how do you know if your customer retention rate is good or not? Fortunately, SaaS Capital , which provides debt financing to growth companies, recently published its annual B2B SaaS retention study.

Benchmark 52

Benchmark Customer retention SaaS B2B 52

ProProfs Blog

APRIL 18, 2019

Related Read: How You Can Deliver Great Customer Experiences. Benefit #2: Seamless Customer Experience. 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.

Customer Support 136

Customer Support Analytics Customer retention Customer Experience 136

Totango

DECEMBER 3, 2020

Across the globe, 2020 has proven to be an incredibly transformative year, with the global pandemic changing how we work and interact with one another on a daily basis. Looking back at the 2020 Customer Success Salary Report , this year has also had a particularly influential effect on the Customer Success (CS) Industry.

Upselling 65

Upselling Accountability Enterprise Metrics 65

UJET

JULY 7, 2020

In UJET’s 2020 The State of Customer Experience Survey , 54% of respondents said there were “some silos” in their technology integrations. End-to-End Customer Experience Transparency. Quality customer service is the end goal of every team. The segmentation of tools leads to silos. Unified Platform.

Customer Support 106

Customer Support contact center workforce Quality management Contact Center 106

Comm100

NOVEMBER 29, 2021

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. In 2020, during the peak of the pandemic, teams across industries began to place less pressure on typical efficiency metrics and more towards agent well-being.

Customer Service 105

Customer Service Chatbots Surveys Customer retention 105

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

Lumoa

AUGUST 23, 2021

Nothing drove this realization home harder than providing services during the incredibly difficult year of 2020 (and beyond!). New ways of interacting with customers A recent study from CMO found that 84% of companies were using social media for brand building and more than 54% have used it for customer retention.

Customer Experience 88

Customer Experience Surveys Analytics Customer retention 88

C3Centricity

AUGUST 17, 2020

But only 1% of customers feel that vendors consistently meet their expectations. CEI Survey. 89% of consumers have stopped doing business with a company after experiencing poor customer service. RightNow Customer Experience Impact Report. Customers 2020 Report.

Customer centricity 118

Customer centricity Airlines Big data Marketing 118

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 post The Power of Remarkable Support appeared first on Customer Happiness Blog.

Construction 98

Construction Customer retention Metrics Surveys 98

UJET

JULY 7, 2020

In UJET’s 2020 The State of Customer Experience Survey , 54% of respondents said there were “some silos” in their technology integrations. End-to-End Customer Experience Transparency. Quality customer service is the end goal of every team. The segmentation of tools leads to silos. Unified Platform.

Customer Support 96

Customer Support contact center workforce Quality management Contact Center 96

Wowdesk Blog

MARCH 6, 2020

In recent years, customer loyalty has shifted from brands, products, and prices to the service, experience, and satisfaction. According to Microsoft’s global customer service stat report, 54% of customers have higher customer service expectations in 2020 as compared to 2019. Online Customer Feedback Surveys.

Feedback 80

Feedback Surveys Customer retention Personalization 80

ProProfs Blog

FEBRUARY 7, 2020

And that’s why you need to learn how to do customer support right and delight your clients with exceptional experiences. . A Walker Study reports that customer experience will overtake price and product as the key brand differentiator by the end of 2020. Regular surveys can definitely lend a helping hand here.

Customer Support 160

Customer Support Surveys Inbound sales Construction 160

Comm100

NOVEMBER 29, 2021

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. In 2020, during the peak of the pandemic, teams across industries began to place less pressure on typical efficiency metrics and more towards agent well-being.

Customer Service 90

Customer Service Chatbots Surveys Customer retention 90

Education Services Group

NOVEMBER 7, 2019

The days are getting shorter, the air is getting cooler, and that can mean only one thing: it’s time to start planning your Customer Success strategy for 2020. First, from a CS perspective, what are the most important metrics that organizations should look at as they work through their 2020 planning? so who are you surveying?

Metrics 45

Metrics Marketing Finance Surveys 45

Callminer

AUGUST 6, 2019

Additional data can include the number of customers handled, and the overall satisfaction rating (if a survey at the end of the call is enabled) of those customers. For example, the business focus of the head of retail operations for a bank may be to increase customer retention and lifetime value.

call center software 140

call center software Best practices Call Center Interactive Voice Response 140

Comm100

SEPTEMBER 13, 2021

For businesses, the benefits of digital transformation in customer service are many, including: Increased opportunities for engagement with potential customers. Improved customer experience, leading to increased customer retention. Consolidation of channels and data through connected omnichannel software.

Customer Service 98

Customer Service Construction Technology Benchmark 98

Totango

NOVEMBER 12, 2020

A decline in new business opportunities brought about by belt-tightening in the market is encouraging the use of Customer Success best practices to retain and grow opportunities with existing customers. In uncertain times, however, it is difficult to predict customer behavior or anticipate future needs. Organizational alignment.

Technology 108

Technology Customer centricity Enterprise Surveys 108

Hello Customer

NOVEMBER 10, 2020

E-commerce heavily accelerated in 2020 due to the pandemic. Not only did this increase the customer expectations of ordering online, but it also ramped up the competition for online sales. With digital retail moving into the spotlight, your customers are now won and lost in your online store. Also, play with timings.

Advertising 98

Advertising Feedback Metrics Surveys 98

Satrix Solutions

JANUARY 24, 2022

For these B2B businesses to continue securing loyalty with existing, but also winning over new customers, alike, CX has grown from a “nice to have” to invaluable in its importance as a key differentiator. Develop a robust CX program that business leaders can stand behind and build a customer-centric culture within the organization.

Customer Experience 97

Customer Experience B2B Customer centricity Feedback 97

Kayako

AUGUST 12, 2022

The lockdowns and aftermath of the 2020 global pandemic spiked growth in e-commerce sales as brick-and-mortar stores and restaurants closed their doors. Bottom line, personalized customer service is important because it increases customer satisfaction and customer loyalty. scale of 1 to 5).

Personalization 117

Personalization Customer Service Government Customer effort 117

Fonolo

JUNE 15, 2021

Ultimately, investing in agent engagement is an investment in the overall business, which has a long-term positive impact on sales growth and customer retention. Fonolo’s 2020 State of the Contact Center Report found that agent attrition is actually getting worse. How to Make a Call Center Agent Engagement Survey.

Call Center 115

Call Center Contact Center Metrics Morale 115

BlueOcean

SEPTEMBER 27, 2021

This report gives a deep dive into the revenue share of each segment of customer experience. In particular, we were interested to see that in 2020, text analytics accounted for 41% revenue share. This indicates how much companies are seeking unbiased insight into customer sentiment across comments, reviews, feedback, and more.

Customer Experience 71

Customer Experience B2B B2C Contact Center 71

CSM Practice

DECEMBER 29, 2020

06:24 – Irit explains her expectations during 2019 and Q1 2020. 08:54 – Irit shares thoughts on customer interactions and proactiveness in business. 17:20- Diane highlights customer and relationship-centeredness. Today we are talking about your business and how to achieve success with your existing customers.

Surveys 98

Surveys Personalization Chief Customer Officer Customer centricity 98

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

C3Centricity

DECEMBER 3, 2018

But only 1% of customers feel that vendors consistently meet their expectations. Source: CEI Survey). 74% of consumers have spent more due to good customer service (Source: Entechus.com). 89% of consumers have stopped doing business with a company after experiencing poor customer service. Source: Customers 2020 Report).

Big data 87

Big data B2C Marketing Airlines 87