CSM Magazine

JANUARY 2, 2025

In customer support, empathy works the same way. Customers want to feel valued, not processed. Empathy bridges that gap, turning frustrated customers into loyal advocates. Empathy bridges that gap, turning frustrated customers into loyal advocates. In customer support, empathy plays a similar role.

Customer Support 52

Customer Support Scripts Healthcare Feedback 52

Nicereply

JUNE 18, 2020

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.

Customer retention 125

Customer retention Feedback Surveys Metrics 125

ProProfs Blog

FEBRUARY 22, 2019

A Forrester report highlights increasing customer retention by 5% can increase profits by up to 95%. Loyal customers spend about 30% more with brands than new customers. An investment to increase retention by 5% is surely a worthy business investment. Simple formula: Customer Retention = Engagement + Investment.

Customer retention 123

Customer retention Airlines B2B CRM 123

ShepHyken

JULY 26, 2021

times more likely to say they do not provide excellent customer service and twice as likely to say they do not deliver quality outcomes.”. How to Build Customer Loyalty with a Thank You Page by Thomas Griffin. What is Customer Retention? (+ 8 Customer Retention Strategies) by Madeleine Wilson.

Customer Service 270

Customer Service Customer retention Contact Center Upselling 270

ShepHyken

MARCH 27, 2023

3 Digital Marketing Strategies That Can Improve Customer Retention by John Hall (Forbes) What happens if you gain 10 new customers but lose 20 from your existing client base? While it may seem like marketing, if done well, content marketing connects with the customer and gets them engaged or emotionally connected.

Customer Service 57

Customer Service B2B Customer retention CRM 57

ProProfs Blog

FEBRUARY 7, 2020

Everyone says that customer support used to be easy. For an 18th century blacksmith, the questions and concerns from customers were pretty simple. At least it was obvious that customers would simply walk to the store whenever they needed support. . Customer support is not rocket science.

Customer Support 160

Customer Support Surveys Inbound sales Construction 160

Nicereply

OCTOBER 11, 2024

Customers will gladly hand you their hard-earned dollars if you continuously provide value and help them solve their problems. Let’s take a closer look at what customer satisfaction is and why it matters. We’ll also review how to measure customer satisfaction, along with some tips on how to improve it.

Customer retention 52

Customer retention Surveys Feedback Education 52

Outsource Consultants

FEBRUARY 25, 2025

These services go beyond traditional support, offering personalized interactions and leveraging advanced technologies to enhance the online shopping experience. In this post, we’ll explore how to harness the power of call centers to increase your ecommerce sales and stay ahead in the competitive digital marketplace.

Call Center 67

Call Center Sales outsourcing Technical Support 67

ShepHyken

APRIL 26, 2021

My comment: You know I love stats and facts about anything related to customer service and CX. Tricia Morris has compiled a list of nine findings that anyone that has anything to do with a contact center and customer support should be aware of. One of the main points is that customer service is becoming the face of a brand.

Customer Service 351

Customer Service First call resolution Contact Center Best practices 351

CSM Magazine

FEBRUARY 6, 2025

A customer service roadmap is a strategic plan that outlines the goals, processes, and milestones needed to offer exceptional customer support. Heres why a customer service roadmap is a necessity: Improved Team Alignment: A roadmap ensures your team understands shared objectives and works toward common goals.

Customer Service 83

Customer Service Journey mapping Wait times Self service 83

TeleDirect

DECEMBER 25, 2024

For this reason, 24/7 call centers have emerged as a vital component for businesses aiming to exceed customer expectations and stay competitive. This blog explores how 24/7 call centers can transform your customer experience, their benefits, and how to implement them effectively. What Is a 24/7 Call Center?

Call Center 127

Call Center Customer Experience Technical Support Healthcare 127

ShepHyken

MARCH 13, 2017

He manages a team of customer support professionals and knows what the best customer service looks like – and how to deliver it. In this informative article he shares five of the ways his team delivers a consistent customer experience. 3 Best Practices to Retain Customers and Stop Churn by Sarah Frazier.

Customer Service 230

Customer Service Best practices Customer retention Customer Support 230

ProProfs Blog

APRIL 12, 2019

A loyal customer base is the cornerstone for any successful business. More so for Software-as-a-Service (SaaS) companies since acquiring new customers on a B2B level is much more difficult. This makes customer retention a necessity for SaaS-based companies. You can refer our blog on how to calculate NPS.

SaaS 120

SaaS Customer retention Surveys Morale 120

ProProfs Blog

DECEMBER 22, 2019

To set your brand above and beyond, you need to develop smart customer services , which ultimately focus on providing not just active, but proactive customer service along with offering a high-quality product at affordable prices. . Increasing customer retention rates by 5% boost profits by 25% to 95%.

Customer Service 152

Customer Service Customer retention Feedback Airlines 152

ChurnZero

AUGUST 11, 2020

Did you know that 60% of SaaS companies reported a negative impact on customer retention and upsell deals due to the pandemic? Customer retention, along with new customer acquisition, has been challenging for most companies when the pandemic hit. Update Customer Knowledge Bases. This is shocking.

Customer retention 97

Customer retention Chief Customer Officer SaaS Accountability 97

Totango

JANUARY 26, 2021

Read on to learn what churn is, how an attrition analysis can help you pinpoint why you’re losing customers, and what steps you can take to prevent customer churn. What Is Churn Rate and How Does It Relate to Customer Retention? Take demographic data about customers into account.

Customer retention 94

Customer retention Sales Marketing Big data 94

ShepHyken

AUGUST 10, 2020

How to Increase Customer Loyalty: 5 Customer Retention Strategies by Christopher Hutchens. SmartBug) In this blog, we look at five customer retention strategies that you can implement to deliver more value to your customers and increase customer loyalty.

Customer Service 235

Customer Service Customer retention Customer centricity Education 235

CSM Magazine

DECEMBER 2, 2024

Whether it’s a missing item or failed transaction, excellent customer support plays a pivotal role in ensuring customer satisfaction and loyalty. For businesses in the eSports industry, offering top-notch customer support is not optional—it’s essential. Transactions are often emotional. It builds trust.

Customer Service 52

Customer Service Multichannel Chatbots Benchmark 52

ShepHyken

AUGUST 24, 2021

Managing Customer Success. Preventing Customer Churn. Shep Hyken interviews Philipp Wolf, CEO of Custify , a company that helps SaaS businesses deliver great results for customers. They discuss how to utilize customer information and behavior to help ensure customer success. It is a philosophy.

SaaS 360

SaaS Upselling Customer retention Feedback 360

ProProfs Blog

NOVEMBER 9, 2021

Because without satisfying the customer’s needs, you cannot offer them a delightful experience, which inevitably results in customer churn and poor revenue generation. Hence, if you aren’t strategically thinking about customer satisfaction, you’re probably following a risky approach. What is Customer Satisfaction?

Surveys 146

Surveys Feedback Metrics Customer retention 146

ShepHyken

SEPTEMBER 30, 2019

This article shares a number of tips on how all business – especially B2B’s – can take advantage of this powerful marketing and CX strategy. How To Boost Customer Retention Effectively Using Video by Koushik Marka. This article will get you thinking about how you can use it for your customers.

Customer Service 46

Customer Service Customer retention Metrics Consulting 46

ChurnZero

MARCH 7, 2025

An active digital customer community is a competitive advantage for any B2B SaaS company. Well-managed communities are proven to increase customer retention, provide valuable product insights, expand brand awareness, and improve overall customer satisfaction. How to build and grow a digital customer community.

SaaS 52

SaaS Gamification B2B Metrics 52

ShepHyken

JUNE 13, 2016

This excellent article is filled with ideas and tips to help any business understand how to use Twitter as a way to interact with customers for complaints, praise and any other customer comments. And, more than just another channel, Twitter has created applications specific for customer service and business.

Customer Service 208

Customer Service Upselling B2C Customer retention 208

ProProfs Blog

APRIL 17, 2020

In short, your success relies on the fact that your customers don’t leave you. And if you successfully increase customer retention rates by 5%, then you can boost profits by 25% to 95%. That’s one of the reasons why y ou formulate strategies to retain your customers. The Essential Metrics for Measuring Customer Success.

Metrics 142

Metrics Customer retention SaaS Surveys 142

ShepHyken

JANUARY 16, 2017

4 Ways to Increase Customer Loyalty Now and for the Long Haul by Heike Young. Salesforce) Lasting businesses are built on customer retention. So the margin for error for crafting long-term customer relationships is razor-thin. 5 Customer Retention Marketing Tips with an Artificial Intelligence Twist by Tara Thomas.

Customer Service 224

Customer Service Customer retention B2C Contact Center 224

Solvvy

AUGUST 17, 2022

However, some of the most important metrics to track are customer support KPIs, which can provide crucial insights into your operation and the health of your business, from customer satisfaction and retention to cost control and the bottom line. Why Should Businesses Track Customer Service KPIs?

Customer Support 102

Customer Support Customer retention Chatbots Metrics 102

ShepHyken

MAY 17, 2021

Each week I read a number of customer service and customer experience articles from various resources. How to handle customer complaints? Alibaba.com) This article summarizes 4 common types of customer complaints and worked out 6 tips to handle them smartly and strategically. 6 tips you must know by Alibaba.com.

Customer Service 213

Customer Service Customer retention Marketing Sales 213

ShepHyken

MAY 13, 2024

My Comment: This article is about customer support. Our customer service and CX research found that 43% of US consumers would rather clean a toilet than contact customer support. The article shares a simple formula to measure churn and offers several suggestions on how to decrease it. What Is Churn Rate?

Customer Service 191

Customer Service Customer retention Metrics Advertising 191

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

ProProfs Blog

MARCH 6, 2020

They really want to know how content the users are with their products/services. . Most business leaders realize the value of measuring customer satisfaction , however, they are faced with several challenges. And how to measure customer satisfaction score ? How to Measure Customer Satisfaction Score.

Customer centricity 152

Customer centricity Surveys Analytics Sales 152

TeleDirect

MARCH 15, 2025

In this blog, we will explore the advantages of US-based call center services , how they improve customer satisfaction and brand reputation, and why businesses should invest in domestic customer support for superior service delivery. A US-based call center ensures: More authentic and engaging customer interactions.

Call Center 62

Call Center First call resolution Healthcare Telemarketing 62

TeamSupport

SEPTEMBER 16, 2020

In Part 1 and Part 2 of this blog series based on the whitepaper co-produced by ServiceXRG and TeamSupport, we introduced the concept of how to position the investment in customer support as a strategic value aligned to current business practices and target outcomes, and about the evolving role of B2B customer support.

B2B 89

B2B Customer Support Strategic Value Customer retention 89

TeleDirect

MARCH 15, 2025

Call Center Service for Your Business: Inbound vs Outbound Call Center Service for Your Business: Inbound vs Outbound plays a critical role in optimizing customer support and business growth. Understanding the difference between inbound and outbound call centers helps businesses create efficient customer engagement strategies.

Call Center 62

Call Center Telemarketing Technical Support Healthcare 62

ProProfs Blog

JANUARY 23, 2020

But, there is more to it than just “profits” and many companies fail to see the effort they need to put in to get good customer value. Companies need to give their all when it comes to customer acquisition and retention to make sure the company maximizes customer value. . But how to define customer value?

Customer retention 144

Customer retention Marketing Surveys Customer emotions 144

ProProfs Blog

APRIL 28, 2020

With so many benefits, it becomes all the more crucial for your business to learn how to set customer service goals and objectives effectively. Keeping this in mind, we aim to cover various aspects that will allow your business to set customer service performance goals and S.M.A.R.T. goals for customer service team effectively.

Customer Service 140

Customer Service Metrics Education Customer effort 140

TeamSupport

MAY 3, 2023

Ensuring that customers have a superior experience using a product or service is a top priority for most companies. Customers expect to have access to fast and easy customer support when and where they need it. How does support ticket deflection benefit the customer? What is ticket deflection?

Customer Support 98

Customer Support Self service Chatbots Wait times 98

Totango

FEBRUARY 10, 2021

A customer success strategy is a proactive plan for guiding your clients to outcomes that satisfy their needs. When your customers enjoy more value, your product adoption rates rise and customer retention rates go up. This promotes success for your company as well as your customers. Incorporate Customer Feedback.

Customer retention 90

Customer retention Journey mapping SaaS Benchmark 90