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Guide to Keeping Your Customers: 24 Customer Retention Strategies

Nicereply

Customer retention is the act of keeping customers engaged, creating customer advocates, and reducing churn before it happens. Imagine you never acquired another customer. Your sales team went home, and all you had left was your current group of customers. That’s where customer retention comes in.

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Measuring Customer Loyalty Through Data

Vcaretec

Believe it or not, though, A recent Forrester study shows that only 31% of firms closely monitor the quality of interactions with their customers. But how do those world-class brands who do monitor customer care then go about improving things like customer retention, customer loyalty, and customer advocacy?

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Top 5 Customer Service & CX Articles for the Week of February 27, 2023

ShepHyken

8 Ways to Enhance Your Call Center Customer Experience by Eric Sims (CustomerThink) In today’s business landscape, providing an exceptional customer experience is essential to the success of any company. A company’s call center is often the primary point of contact between customers and the organization.

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100+ Customer Experience Stats to Prepare for 2023

CCNG

(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%. Another 28% are willing to give mobile messaging a chance.

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Prepare for Take-off – Maximize ROI During the Travel Industry’s Awakening

Outsource Consultants

Educate — Knowledge is power, and equipping your agents with Knowledge Base and CRM technology gives them better intelligence to pinpoint customer challenges, with prior call history, previous transactions, and other useful information available on-demand. . Automate — Have you tested your own call center experience lately?

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Calling all Call Centers: Confessions of a Tech Support Agent

Fonolo

In my opinion, the power of a call-back is highly underestimated. Unfortunately, call-backs are still a relatively rare call center experience. To me, it’s a sign that this company “gets it,” and that I am likely in for a great customer service experience.

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How to Improve Call Center Customer Service

NobelBiz

Your customer turns into a real human being! Your call center experience gets more interesting when you know your customer well. Follow the Customer’s Journey At various stages of the sales cycle, a customer will interact in different ways with your customer service team.