Remove Brand ambassadors Remove Customer retention Remove Self service
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

Introduction to Customer Experience Management (CXM): Why Does It Matter

Cincom

AI-Powered Personalization: By leveraging machine learning algorithms through communication tools, CX management dynamically adapts content, offers, and interactions based on customer behavior, past purchases, and real-time intent. Consequently, customers no longer receive generic marketing messages, and every engagement feels tailor-made.

article thumbnail

From Onboarding to Excellence: Your Contact Center Training Guide for 2025

Calabrio

Understanding the Customer Journey: Knowing how the contact center fits into the overall customer experience. Ultimately, when agents understand the why behind their work and how they contribute to the company’s success, they become more engaged and effective brand ambassadors.

article thumbnail

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.

article thumbnail

How can you measure customer satisfaction?

ViiBE Blog

Less general than CSAT, Net Promoter Score surveys focus on how likely it is for a customer to become a brand ambassador of a company and promote their products and services, as well as the overall brand later down the line. What is an employee self-service portal? Net Promoter Score (NPS).