Remove Brand ambassadors Remove Customer retention Remove Self service
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Key Customer Retention Strategies for Alternative Lenders

CSM Magazine

It is not enough to attract new customers to your services. Customer retention is even more important than customer acquisition. More than that, customer retention is the best form of marketing. Clients who recommend your services to others make the best ad. You can also add self-service tools.

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Customer Retention Strategies: 16 Methods for Retaining Customers

JivoChat

People have a lot of options these days, so if you don’t have good customer retention strategies , your business won’t be as stable or profitable. It costs five times as much to win a new customer as it does to retain an existing one. In this post, we’ll reveal why you should start focusing on customer retention and when.

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How Disruptive Brands Can Create A Successful Loyalty Program

24-7 InTouch

The worldwide customer loyalty management market is valued at 5.5 This speaks to how valuable a customer loyalty program is, and why over 90% of businesses have some type of loyalty program. Turning one-time customers into lifetime brand ambassadors should be a priority. billion U.S.

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Guest blog: 5 Customer Experience Trends for Financial Institutions in 2023

Comm100

For example, you can teach your customers how to save or build a good credit mix that matches what 90% of lenders in the market use to make credit decisions. Doing this sends a message that you value your customer. More self-service choices for the savvy clients Your customers are different.

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Crafting Craveable Customer Experiences

Interactions

We all know that customer experience (CX) is not just about resolving queries; it’s about creating memorable and magical engagements that leave a lasting impression. Brands that prioritize CX outperform their competitors in terms of revenue, customer retention, and profitability at every turn. The result?

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What is Customer Enablement? A Quick Guide for B2B & SaaS

Totango

This delivers customers more satisfying experiences, which promote higher retention, lower churn, and higher referral rates. A customer enablement program is a vital part of the customer landscape for B2B and SaaS companies that rely on customer retention for growth.

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Why You Need to Measure Customer Experience in Your Contact Center

Playvox

For these, customers expect and appreciate well designed self-service options, with the option of shifting to live service if needed. What’s more, businesses that provide effective access to digital channels, as well as voice, are rewarded for the convenience they provide customers.