Interaction Metrics

FEBRUARY 20, 2025

We use scientific rigor, real listening, and reciprocity to design surveys that truly measure and enhance customer satisfaction. Here are 21 actionable strategies to improve your net promoter score and elevate your NPS the right way. Average spend: How does customer loyalty impact revenue? Research industry benchmarks.

Surveys 62

Surveys Benchmark Feedback Metrics 62

Totango

MARCH 5, 2021

Customer retention is the lifeblood of any savvy enterprise. It’s the only way to be successful in this customer-centered economy and ensure scalable long-term revenue. To retain customers, companies must make the customer experience better and ensure customers never stop seeing value from their product or service.

Customer retention 92

Customer retention Upselling Enterprise Benchmark 92

Pointillist

JUNE 15, 2018

Much of the marketing world is still focused on customer acquisition, but to improve customer retention will yield f ar better ROI and cost about 5-25X less than customer acquisition. What is Customer Retention? Why Customer Retention Matters. My Customer Retention ?

Customer retention 110

Customer retention Analytics Airlines SaaS 110

Calabrio

MARCH 22, 2025

Best Practices Contact Center Management: Best Practices & Strategies for Peak Performance Share The modern contact center is no longer seen as a mere service function at the periphery of the business. Great customer experiences now come with a massive price premium and bad ones drive even the most loyal consumers away in a hurry.

Best practices 52

Best practices Contact Center Management Call Center 52

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

Outsource Consultants

MARCH 12, 2025

Mexico’s call centers are setting new benchmarks in customer retention. With a unique mix of cultural understanding, cost efficiency, and innovative service strategies, theyre proving to be a top choice for businesses seeking long-term customer loyalty.

Customer retention 67

Customer retention Call Center outsourcing Consulting 67

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

Totango

MAY 6, 2021

What is customer retention ? We’ll discuss what customer retention means as a concept, as a strategy and as a metric. And we’ll offer an eight-step path to increasing customer retention by following best practices and leveraging the power of automation. What Is Customer Retention?

Customer retention 76

Customer retention Best practices Education Benchmark 76

Totango

DECEMBER 28, 2021

On the other hand, the more customers you can retain, the more revenue you gain from new customers you acquire, and the more your profit margins grow. This makes fighting customer churn one of the most efficient ways to increase your profits. Here we’ll look at four proven strategies for reducing customer churn.

Benchmark 102

Benchmark Best practices Education Surveys 102

Totango

MAY 7, 2024

Strategy #1: Use a RACI matrix to assign ownership At Totango + Catalyst, we’ve found that using a responsibility assignment matrix (also known as the RACI matrix) has been a great way to get our CS and Sales teams on the same page. Strategy #2: Align on customer outcomes Both teams should be laser-focused on customer results.

Sales 103

Sales Upselling Metrics Accountability 103

Lumoa

NOVEMBER 8, 2018

Depending on different ways to count your churn rate, it could be either 20%, 200 customers or €20000. Following the customer churn rate is critical because generally, it is much less expensive ? to retain existing customers than it is to acquire new customers. Retention rate Customer retention rate?is

Metrics 162

Metrics Customer Experience Benchmark Surveys 162

Nicereply

DECEMBER 17, 2024

Customer Retention A large part of the value of CES in the SaaS world lies in its ability to predict future customer behavior. Research has shown that customers who experience high-effort interactions are more likely to churn, while those who have low-effort experiences tend to increase their spending.

Customer effort 52

Customer effort SaaS Benchmark Surveys 52

Totango

FEBRUARY 5, 2019

It’s about proactive customer success , not reactive customer service. ROI-focused SaaS strategies should be based on comprehensive data gathered from every customer engagement. That information is then turned into customer solutions that create an ongoing revenue source across the entire customer journey.

SaaS 76

SaaS Upselling Customer retention Benchmark 76

Calabrio

MARCH 5, 2025

On its face, Voice of the Customer (VoC) refers to just what it sounds like: what your customers have to say. It’s a pillar method of a customer-centric strategy, processing feedback across various channels, from online chat to support by phone.

Best practices 40

Best practices Benchmark First call resolution Contact Center 40

PeopleMetrics

JUNE 30, 2014

You know the familiar saying: “ Culture eats strategy for lunch ”? That’s because culture, like strategy, is intangible, soft and elusive. And yet, so many businesses claim that they have or aspire to have a customer centric culture - to become more customer-centric, to put the customer first, to be customer-inspired.

Customer centricity 111

Customer centricity Benchmark Scripts Customer retention 111

CSM Magazine

DECEMBER 2, 2024

Steps to Deliver Exceptional eSports Customer Support To excel at eSports customer service, businesses must focus on speed, reliability, empathy, and technical expertise. Here’s a step-by-step guide to elevate your support strategy: 1.

Customer Service 52

Customer Service Multichannel Chatbots Benchmark 52

CustomerSuccessBox

MARCH 25, 2021

No matter what era we live in, customer retention is something that will never fade away. Let’s see the process of acquiring new customers. You’ve spent considerable time creating various marketing and sales funnels to convince your customer how your product can solve their problems. How do I improve customer retention?

Customer retention 52

Customer retention SaaS B2B Upselling 52

Fonolo

SEPTEMBER 7, 2017

CSat, NPS, and CES are best used together to achieve an accurate understanding of your customers and predict long-term business needs. If you want to improve your customer satisfaction strategy, boost customer retention, and impact the bottom-line, then it’s worth considering how these statistics can help you.

Contact Center 111

Contact Center Benchmark Customer effort Customer retention 111

ChurnZero

MAY 2, 2024

The 2024 B2B SaaS Benchmarking Survey by SaaS Capital is the most comprehensive and up-to-date source of its kind for SaaS and customer success leaders who want to know where they stand compared to peers and competitors. In turn, this necessitates more focus on customer retention strategies for long-term business sustainability.

SaaS 52

SaaS Benchmark B2B Surveys 52

Nicereply

MARCH 23, 2023

Customer retention is an important topic for all departments to understand. Typically the onus to renew a customer is on account or success managers, but all aspects of the customer journey contribute to retention. Benchmarking these strategies across companies is difficult. Craig: That is shocking!

Customer retention 52

Customer retention B2B B2C Benchmark 52

SharpenCX

AUGUST 31, 2021

A customized dashboard offers many benefits : Focused insights to improve training and coaching methods Compiled data to improve decision making Transparency to increase agent productivity Clarity around team goals and benchmarks. How you customize your dashboard depends on the outcome you’re looking for. Customer Churn Metrics.

Call Center 128

Call Center Metrics Benchmark Contact Center 128

ChurnZero

MARCH 22, 2019

To better understand the impact, we had Rob Belcher, Managing Director at SaaS Capital share benchmarking data from their eighth annual survey of private B2B SaaS companies. We also had You Mon Tsang, CEO and Founder of ChurnZero share tried and true ways to improve customer retention.

Customer retention 61

Customer retention Upselling SaaS Customer centricity 61

CSM Magazine

MARCH 22, 2024

Loyal customers are the backbone of any business, regardless of niche, but keeping them engaged can be as challenging as landing a fish with a threadbare net. In today’s financial environment, dominated by fintech players, customer retention may seem like a thing of the past.

Customer retention 52

Customer retention Finance Benchmark Banking 52

Calabrio

MARCH 25, 2025

Table of Contents: Understanding call center agent performance Essential call center agent metrics and KPIs 10 strategies to improve contact center agent performance Understanding call center agent performance Even in our increasingly AI-driven era, human interactions are still central to the work of contact centers and the value they deliver.

Call Center 52

Call Center Metrics Abandon rate Coaching 52

NobelBiz

OCTOBER 24, 2023

Social media engagement for customer feedback. Loyalty program enrollment for customer retention. In today’s digital age, customers can engage with brands through a wide range of channels, including social media platforms , email , and more. What is a Customer Journey Map?

Journey mapping 104

Journey mapping Customer Experience Interactive Voice Response Contact Center 104

TechSee

MAY 1, 2022

What’s important for the customer is even more important for the organization. Evaluating customer satisfaction allows you to learn what areas need improvement and what strategies and efforts are having an impact. Customer Retention Rate. CSAT industry benchmarks – What Should Your CSAT Score Be?

Customer Experience 109

Customer Experience Surveys Benchmark Wireless 109

Provana

JUNE 27, 2022

IIn the post-pandemic credit and collections landscape, the Net Promoter Score (NPS) has become an "important-than ever" KPI and a benchmarking tool for customer satisfaction. Here are five key strategies that should help you accomplish exactly the same. Benchmark Ideal Calls.

Benchmark 52

Benchmark Analytics Customer retention Call Center 52

Totango

SEPTEMBER 6, 2022

A quarterly business review (QBR) gives you four opportunities per year to showcase the value your product delivers to customers. For a SaaS company, an excellent QBR strategy can help you ensure you’re providing a product experience that will make customers want to renew their subscription during renewal time. What Is a QBR?

SaaS 113

SaaS Technical Support Benchmark Accountability 113

ClearAction

MARCH 21, 2017

Research of 10,000 companies across 25 years proved that a strong customer culture drives over 35 business performance measures , including ROI, growth, customer retention, market share and sales. When you think about it, that makes a lot of sense: 40-70% of customers switch loyalty due to a perceived attitude of indifference.

Benchmark 88

Benchmark Customer centricity Big data Marketing 88

Totango

JUNE 24, 2022

Customer success in SaaS differs from CS in other industries. The software service industry presents unique challenges for customer success management while also creating unique opportunities that call for specific strategies. Read on to learn the keys to effective customer success for SaaS clients.

Best practices 109

Best practices SaaS Journey mapping B2C 109

Calabrio

MARCH 25, 2025

Since the latest AI capabilities, which often incorporate large language models (LLMs), have a much more advanced understanding of language and context, they offer a far more sophisticated approach to analyzing the quality of each customer interaction than was previous.

Chatbots 52

Chatbots Analytics Contact Center Quality management 52

Interactions

MAY 20, 2022

Because of the regulated nature for many utility providers, customer retention is often not top of mind. But CX still matters– customers have grown to expect fast, convenient, and conversational service in multiple channels. The current economic crisis has brought this into an even sharper focus.

Benchmark 62

Benchmark Self service Customer retention Technology 62

Education Services Group

JUNE 18, 2018

How do I increase customer retention? Although the answer is multilayered and complex, one of the essential building blocks to answering it includes Customer Success Managers (CSM). A career field that barely existed five or so years ago, CSMs make up ground zero for all CS functions — that includes keeping customers.

Customer retention 45

Customer retention Management outsourcing Best practices 45

Cincom

MARCH 6, 2025

Businesses must strike a delicate balanceoffering competitive pricing without eroding margins, ensuring consistency across direct sales, e-commerce, and partner networks, and adapting to fluctuating costs and customer demands. This is where CPQ software transforms the game.

Automotive 40

Automotive Revenue potential CRM Sales 40

PeopleMetrics

OCTOBER 22, 2015

Net promoter scores vary by industry and hence, targets should be set according to benchmarks and norms. It’s more relationship-driven than the customer effort or customer satisfaction metrics reviewed previously. When you want to benchmark your customer experience as a whole. Using Customer Engagement.

Benchmark 106

Benchmark Metrics Customer effort Customer emotions 106

Totango

JANUARY 10, 2024

To support this growth and realign the organization, Madhavi explained how Waystar’s leadership team implemented a listen-and-learn approach that included tactically listening to their clients, gathering insights, cross-functionally sharing those insights, and then building a nurture strategy around them.

Sales 99

Sales industry standards Benchmark Upselling 99

NobelBiz

FEBRUARY 14, 2023

Customer Relationship Management (CRM) is a strategy businesses use to manage interactions with existing and potential customers. CRM aims to improve customer satisfaction and loyalty and, ultimately, increase revenue. This information is a cornerstone to personalize interactions and improve the customer experience.

CRM 52

CRM Contact Center Metrics Benchmark 52