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

Totango

JULY 11, 2019

Time and money that could have been saved—if you’d focused on customer retention. New customer acquisition costs a lot. To learn how much you’re spending, add up all of your sales and marketing expenses and divide that amount by the number of new customers won. Don’t pay it over and over to drum up one-time customers. .

Customer retention 63

Customer retention Advertising Upselling Feedback 63

Totango

JULY 11, 2019

Time and money that could have been saved—if you’d focused on customer retention. New customer acquisition costs a lot. To learn how much you’re spending, add up all of your sales and marketing expenses and divide that amount by the number of new customers won. Don’t pay it over and over to drum up one-time customers. .

Customer retention 63

Customer retention Advertising Upselling Feedback 63

ClientSuccess

JUNE 19, 2019

Adding credibility to this statement is a research study by Invesp Consulting which suggests: Existing customers are 50% more likely to try new products and spend 31% more than new users! Increasing customer retention by 5% can increase profits by 25-95%. Personalized Offers Lead to Loyal Customers. Shocker, right?

Customer retention 73

Customer retention B2C Entertainment Consulting 73

ROI CX Solutions

MAY 1, 2025

Happier customers are more likely to return to your business for products or services, or even for solutions as problems naturally arise. Retention is the goal, but getting there requires understanding how your actions meaningfully engage with the everyday person. In customer relations, your agents are the face of your company.

Call Center 93

Call Center Coaching Contact Center Customer Care 93

Quiq

AUGUST 19, 2021

It’s imperative to not let it happen by implementing an effective customer retention strategy to improve customer retention. Customer retention is the key to improving your business’ profitability. Customer retention can be one of the hardest things for companies to do.

Customer retention 64

Customer retention Surveys Feedback Sales 64

Playvox

AUGUST 25, 2022

And, we have all seen the impact of just one person doing something NOT in the plan and the downstream effects. For example, one person may log in late for their opening shift. Another person may not adhere to scheduled breaks or lunches. One person may leave early from their closing shift. What was the impact on agents?

Personalization 85

Personalization Management Schedule adherence Average Handle Time 85

JustCall

MARCH 23, 2023

As a result, customers respond to sales campaigns better, thereby increasing conversions and sales for businesses. Customer Retention Converting leads and prospects into customers is only one part of the process. If you’re wondering how to increase customer retention, CRM tools can help here too.

CRM 132

CRM Sales Customer retention Metrics 132

Comm100

DECEMBER 16, 2024

This not only saves time for customers but also allows support teams to focus on more complicated issues that require a personal touch. When a customer has a problem, these systems automatically categorize and assign their request to the right person or department. Automation also includes tools like ticketing systems.

Customer Service 52

Customer Service Chatbots Omni-channel support Self service 52

Totango

JULY 18, 2019

In today’s customer-centered economy, companies understand that keeping and retaining customers is key and as customers have the ability to choose at every point, you must keep them happy. It’s time to recognize and leverage the link between customer retention and profitability. Tips on Boosting Customer Retention.

Customer retention 54

Customer retention Sales Personalization Enterprise 54

Totango

SEPTEMBER 24, 2019

Knowing these different stages can be powerful for monitoring, servicing, and motivating customers, but it all needs to come from a unified, consistent brand. There’s no need to indulge a divisive customer retention vs. new customer acquisition dynamic. Customer Retention vs New Customer Acquisition: The Common Goal.

Customer retention 59

Customer retention Sales Enterprise Upselling 59

Hodusoft

JULY 24, 2024

Effective Strategies for Enhancing Customer Retention in Call Centers “When the customer comes first, the customer will last.” In a time of growing competition and dwindling customer loyalty, businesses need to focus on customer retention more than ever before. How to Analyze Current Retention Rates?

Customer retention 52

Customer retention Call Center call center software Interactive Voice Response 52

JustCall

MAY 14, 2020

But the operation that is facing the most critical hit is – Customer Retention. Customer acquisition has become more difficult than ever. And businesses have shifted their focus towards Retention. But are you still sticking to the old-fashioned customer retention strategies?

Customer retention 52

Customer retention Journey mapping Education Feedback 52

Uniphore

JANUARY 4, 2022

Get a Demo. Get a Demo. The only platform that drives demonstrable and sustainable business value by automating, personalizing, and optimizing every conversation. How are you planning to leverage conversations to drive revenue and customer retention? Board of Directors. Testimonials. Conversational AI Platform.

Enterprise 126

Enterprise Customer retention Engineering Contact Center 126

JustCall

MAY 14, 2020

But the operation that is facing the most critical hit is – Customer Retention. Customer acquisition has become more difficult than ever. And businesses have shifted their focus towards Retention. But are you still sticking to the old-fashioned customer retention strategies?

Customer retention 52

Customer retention Journey mapping Education Feedback 52

CustomerSuccessBox

MAY 6, 2021

From the last couple of weeks, we’ve been writing about the importance of customer retention , key metrics to track and how Customer Success can help you drive retention, and whether your organization is ready to implement Customer success software. . Steps to implementing Customer Retention Software.

Customer retention 52

Customer retention SaaS Calibration Analytics 52

Hodusoft

MARCH 18, 2025

Improve Customer Retention Rate According to recently published data , the average customer retention rate in the e-commerce sector is about 38 percent. When compared with other sectors, the customer retention rate of the e-commerce industry is among the lowest. Boost engagement & streamline support!

Contact Center 52

Contact Center Contact center software Advertising Best practices 52

Solvvy

MAY 6, 2021

And while customer support agents are indispensable players in any organization, they simply cannot do it all. Thankfully, agents and support leaders have an ally – next-gen chatbot and automation platforms provide help agents and improve customer retention rate at the same time. Support agents need support, too!

Customer retention 48

Customer retention Chatbots Customer Support outsourcing 48

Hodusoft

NOVEMBER 27, 2024

By Enhancing Customer Interactions As per a research conducted by McKinsey and Company, 71 percent of consumers expect companies to deliver personalized interactions. As per a study , 59 percent of customers say personalized engagement based on past interactions is crucial to winning their business.

Best practices 52

Best practices Contact center software Contact Center Advertising 52

Totango

DECEMBER 15, 2020

During the onboarding stage, success can mean that new customers find it easy to start using your product or service. During the adoption stage, success can mean that your customers’ use of your product or service adds value to their personal life or business. Personalization Promotes Enhanced Experience.

Best practices 117

Best practices Accountability Personalization Technology 117

Calabrio

APRIL 24, 2025

The AI Imperative in Todays Contact Centers As customer expectations keep rising, traditional contact center strategies, workflows, and tools are struggling to keep up: According to 61% of contact center leaders, customer interactions have only gotten more difficult and emotionally charged in the past year. Book a free demo today.

Contact Center 52

Contact Center Customer Experience Coaching Self service 52

Hodusoft

JANUARY 24, 2024

Personalization Strategies for Inbound and Outbound Banking Calls: A Technology Perspective Within the quickly changing banking industry, where the customer experience is paramount, the concept of tailored interactions has become increasingly important.

Banking 52

Banking Personalization Technology call center software 52

Calabrio

MARCH 25, 2025

Driving Business Growth and Success: Exceptional customer experiences translate to increased customer retention, positive word-of-mouth referrals, and ultimately, significant business growth. This autonomy allows agents to better accommodate personal needs, resulting in higher morale and reduced absenteeism.

Call Center 52

Call Center Metrics Abandon rate Coaching 52

Totango

APRIL 2, 2019

During the first week after the initial subscription, your goal should be to get customers to use the product at least once. The onboarding stage is critical in terms of customer retention, so make sure your customer understands all the features of your product and the value it provides.

Journey mapping 110

Journey mapping Upselling Accountability Feedback 110

ShepHyken

MAY 4, 2023

Customers who have their issues resolved during the first interaction with a customer service representative are likely to be more satisfied with the service they receive. This can increase customer retention and loyalty, which can benefit businesses. Try it out in a live demo below. Sound interesting?

Customer Service 156

Customer Service Metrics Self service Customer retention 156

JivoChat

AUGUST 9, 2021

6 Ways to Personalize Customer Service (With Examples). ??Once Once considered a cost center, customer service is shaping up to be one of the most powerful ways brands can ensure sustainable growth, outshine its competitors, and build an army of loyal advocates. So, where does personalization fit into this narrative?

Personalization 52

Personalization Customer Service B2B SaaS 52

JivoChat

AUGUST 9, 2021

6 Ways to Personalize Customer Service (With Examples). ??Once Once considered a cost center, customer service is shaping up to be one of the most powerful ways brands can ensure sustainable growth, outshine its competitors, and build an army of loyal advocates. So, where does personalization fit into this narrative?

Personalization 52

Personalization Customer Service B2B SaaS 52

Calabrio

APRIL 11, 2025

trillion in global sales are at risk in 2025 due to one thing: bad customer experiences. To drive customer loyalty and sustain success, contact centers must keep up with customers consistently rising expectations. The stakes have never been higher. Recent estimates suggest that a staggering $3.8

Contact Center 52

Contact Center Coaching Call Center Average Handle Time 52

Totango

APRIL 6, 2023

To survive this tough “do more with less” climate, companies are turning to their customer success (CS) teams to ramp up their customer retention and expansion efforts. While CS is poised to be in the driver’s seat for retention and expansion, we believe that everyone across the enterprise plays a role in customer success.

Enterprise 92

Enterprise CRM Sales Customer retention 92

ChurnZero

NOVEMBER 26, 2024

For instance, owning customer retention signifies direct responsibility for renewal rates. For your customer success job description’s primary and secondary requirements, consider including: The main duties and what is expected of the person in this role. Whether the role is remote, hybrid, or onsite.

SaaS 52

SaaS Upselling Enterprise industry standards 52

NobelBiz

APRIL 30, 2024

AI-based call centers are revolutionizing how businesses interact with their customers. The customer service you provide will either make or break your brand. From improving response times to personalizing interactions, artificial intelligence is now setting new standards in customer service efficiency and effectiveness.

Call Center 105

Call Center Chatbots Virtual Agent Contact Center 105

REVE Chat Blog

MAY 5, 2020

Companies that use tools like customer journey maps reduce their cost of service by 15-20%. Improve customer retention – Having the right knowledge of the customer touchpoints help you to provide instant support, which improves their satisfaction. Product demos. Phone calls.

Journey mapping 99

Journey mapping Advertising Chatbots Feedback 99

NobelBiz

APRIL 30, 2024

AI-based call centers are revolutionizing how businesses interact with their customers. The customer service you provide will either make or break your brand. From improving response times to personalizing interactions, artificial intelligence is now setting new standards in customer service efficiency and effectiveness.

Call Center 104

Call Center Chatbots Virtual Agent Contact Center 104

Solvvy

AUGUST 17, 2022

Furthermore, chatbots may be able to answer simple questions or point customers in the right direction to find the answers they need. When a handoff to a customer support rep is necessary, the chatbot can collect information that saves time when human interaction begins. Customer Retention Rate. Tickets Per Customer.

Customer Support 102

Customer Support Customer retention Chatbots Metrics 102

ProProfs Blog

DECEMBER 21, 2020

Stable customer base results in higher referrals, improved upsell revenue and increased lifetime value (LTV) which further results in improved customer acquisition in future. Needless to say, customer retention is the core value for the growth of any business. And what are these customer expectations?

Surveys 148

Surveys Benchmark Feedback Sales 148

ProProfs Blog

JUNE 26, 2020

Agents can edit an existing signature or add their personalized signature in profile settings. It helps you reach a wider audience, greatly improves customer service and reduces customer tickets. An Assignee is a person who is assigned a customer service ticket. Customer Service. Announcements. Help Center.

Customer Service 179

Customer Service APIs Customer Support Feedback 179

Hodusoft

SEPTEMBER 6, 2023

Enhanced customer retention A study conducted by reputed marketing training company MarketingProfs revealed that companies that closely coordinated marketing and sales endeavors experienced 36 percent higher customer retention. There is no doubt that the right lead-generation campaign can enhance customer retention.

Call Center 96

Call Center call center software Scripts Best practices 96