The Petrova Experience

JANUARY 14, 2025

Its 2025, and businesses across sectors have a customer retention problem. companies alone lose an estimated $168 billion annually due to customer attrition, as revealed in a CallMiner whitepaper. In every sector and among diverse markets. Like hospitality, retail faces significant challenges to keeping their customers.

Customer retention 40

Customer retention Feedback B2C Metrics 40

Totango

AUGUST 16, 2022

Customer Retention Software Cuts Down Client Churn. Customer retention software has become essential for effective SaaS customer success strategies. A winning SaaS business model must prioritize retaining customers, which is far more cost-efficient than acquiring new clients to offset churn.

Customer retention 106

Customer retention Upselling CRM SaaS 106

ShepHyken

SEPTEMBER 15, 2023

This week, we feature an article by Maria Fintanidou, a copywriter for Moosend , an email marketing automation software. She writes about using email marketing to improve customer service and experience throughout the entire customer journey. It’s all about your email marketing revolving around your subscribers’ needs.

Marketing 161

Marketing Customer Experience Entertainment Customer centricity 161

ProProfs Blog

OCTOBER 30, 2021

The identification of what customers want is important and based on different factors, marketers need to divide people into market segments. That’s exactly what market segmentation is all about! With the help of certain shared factors, a wide population can be put into subgroups for targeted marketing.

Marketing 142

Marketing B2B Advertising B2C 142

Nicereply

OCTOBER 22, 2024

What is a feedback survey? Is it simply a strategy used to gauge customer satisfaction, or is it a means of actively involving and engaging your customers? A feedback survey is a great way to get valuable information about your customers’ preferences while keeping them engaged with your brand.

Surveys 52

Surveys Feedback Customer retention Construction 52

ShepHyken

NOVEMBER 26, 2018

No, I Don’t Want to Take Your Survey By Gerry McGovern . CMSWire) Take your survey? Do customers really want to take your survey? To Improve Customer Experience, Start With Morale, Not Technology, Feds Say by Tom Shoop. Customer Retention Made Easy by Samir Palnitkar. Am I your employee?

Airlines 218

Airlines Customer Service Employee engagement Morale 218

Beyond Philosophy

AUGUST 10, 2016

In other words, the Customer Experience matters here more than it did even a couple of years ago. A new global survey released by Amdocs last month reported a trend in the region where consumers demanded more control and personalization in their Customer Experiences with their Telecom provider. Are you ready?

Wireless 265

Wireless Self service Surveys Consulting 265

Beyond Philosophy

AUGUST 20, 2022

To the company, proactive experiences provide a different advantage: customer retention. If customers feel more satisfied with their experience, they are more likely to return to your site in the future. 10:33 We discuss the process of formulating a proactive customer experience and how to ensure its success.

Consulting 56

Consulting Consulting Customer retention Surveys 56

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? These are just a few examples of issues which can contribute to customer churn.

Customer retention 94

Customer retention Sales Marketing Big data 94

Totango

MARCH 5, 2021

Customer retention is the lifeblood of any savvy enterprise. It’s the only way to be successful in this customer-centered economy and ensure scalable long-term revenue. To retain customers, companies must make the customer experience better and ensure customers never stop seeing value from their product or service.

Customer retention 92

Customer retention Upselling Enterprise Benchmark 92

Beyond Philosophy

DECEMBER 31, 2019

The number two thing was customer retention. My interpretation of that finding is that organizations don’t just improve Customer Experience for a laugh; they do it for growth. However, retention is essential, too. Prediction #3: Artificial Intelligence will have a massive impact on Customer Experience soon.

Customer Experience 382

Customer Experience Consulting Consulting Chatbots 382

ShepHyken

JUNE 14, 2021

Our recent study/survey confirmed that to customers, this is “very important” or “important” to their decision to come back to a business. That’s how you create the kind of loyalty that gets customers to come back again and again. Ways Proactive Customer Service Can Lead to Customer Retention and Growth by Ashwini Dave.

Customer Service 253

Customer Service Customer retention Personalization Surveys 253

ShepHyken

AUGUST 22, 2016

Customer Retention: 50 Tools to Build the Perfect Customer Experience by Ty Magnin. Appcues) We’re here to break down 50 of the best customer retention tools around and tell you what makes them special, so that you can choose the best ones for your business. Keep this article nearby and refer to it often.

Customer Service 0

Customer Service Customer retention Surveys Customer Experience 0

ShepHyken

DECEMBER 14, 2018

Especially as businesses process more customer data than ever before and often this data is siloed in different departments and systems. Every employee working with customer data needs to consider their treatment of data very carefully. For more articles from Shep Hyken and his guest contributors go to customerserviceblog.com.

Customer Experience 269

Customer Experience Government Coaching Customer retention 269

ProProfs Blog

DECEMBER 6, 2019

Companies today are not ready to wait even for a day or even a few hours to know how the customer felt about a particular product or service. What Is a Real-Time Feedback Survey? What Are the Advantages of a Real-Time Feedback Survey? However, little do they know that survey tools can be a crucial tool in revenue generation.

Feedback 124

Feedback Surveys Sales Benchmark 124

Beyond Philosophy

DECEMBER 23, 2015

Studies by Strativity, and other consulting organizations, among corporate executives have identified the financial benefits of increasing customer experience management-related resources. Today, businesses are able to measure their activities, impact of customer experiences, and customer relationship with unprecedented precision.

Chief Customer Officer 250

Chief Customer Officer Enterprise Customer centricity Consulting 250

ShepHyken

SEPTEMBER 26, 2022

Are You Using the Right Customer Experience Analytics? CMSWire) Gone are the days when a simple survey could tell you everything you need to know about your customer experience. Traditionally, decision-makers and marketers have relied on surveys to measure customer success. by Imogen Sharma.

Customer Service 176

Customer Service Customer retention Analytics Surveys 176

ShepHyken

SEPTEMBER 4, 2023

You can’t download a report about digital or technology trends without being assailed with stats and surveys outlining how great CX is key to keeping and gaining customers. Finally, he presents the concept of “customer Service as an Experience.” 7 Small-Business Strategies for Customer Retention by Kalin Kassabov (Inc.

Customer Service 176

Customer Service Customer retention SaaS Best practices 176

ProProfs Blog

APRIL 10, 2020

Marketers can tell how true these words are. They know customer happiness is everything for any business. But, one thing that is even more valuable is “ Customer Satisfaction ”. Satisfied customers are loyal to a brand. What are Customer Satisfaction Surveys? Reasons to Measure Customer Satisfaction.

Surveys 109

Surveys Abandon rate Feedback Customer retention 109

Nicereply

OCTOBER 11, 2024

Customer satisfaction matters because it drives customer retention, fosters brand loyalty, and generates positive word-of-mouth. Customer retention When customers are happy with your products or services, they’re more likely to continue using them. Are there specific issues that multiple customers mention?

Customer retention 52

Customer retention Surveys Feedback Education 52

TeleDirect

MARCH 15, 2025

Qualifying prospects for sales teams to convert into customers. Customer Retention & Follow-Ups Checking in with past customers to enhance loyalty and retention. Market Research & Customer Surveys Gathering customer feedback through phone surveys and opinion polls.

Call Center 62

Call Center Telemarketing Technical Support Healthcare 62

ShepHyken

MAY 20, 2022

A 5% increase in customer retention increases profits by 25-95%. It’s estimated that new customers cost five times more than loyal customers. Good customer service is a strong pillar of customer loyalty. What is customer loyalty? Maintaining customer loyalty is simple, but not easy.

Customer Service 193

Customer Service Best practices Surveys Feedback 193

ShepHyken

AUGUST 14, 2020

This week we feature an article by Rakshit Hirapara , a content marketer at PeddleWeb. He writes about the importance of ensuring a positive customer experience, especially during a world crisis. The customer experience (also referred to as CX) seems like a simple concept. Follow customers on social media.

Customer Experience 256

Customer Experience Entertainment Sales Advertising 256

ProProfs Blog

MAY 24, 2019

You may have set the foundation of your eCommerce business on a riveting marketing strategy, a robust customer service team, and brand new ideas for products and services. However, it is high time to rise above the concept of establishing your brand name in the market. 8 Ways to Increase the CLV of Your Customers.

Customer retention 151

Customer retention Surveys Telecommunications Feedback 151

ProProfs Blog

APRIL 3, 2020

Not only do they have to be very attentive towards customers’ complaints, but they have to respect their urgency and resolve the issue as soon as possible. Customer satisfaction surveys are the best way to maintain a constant dialogue with the customer and listen to what they want to say. Robust analytics and reporting.

Surveys 103

Surveys Feedback APIs Customer Support 103

Quiq

MARCH 31, 2022

Share This Story So much time and effort is spent on customer acquisition. 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. What is customer retention? And that’s a big mistake.

Customer retention 77

Customer retention Metrics Personalization Benchmark 77

ShepHyken

OCTOBER 29, 2023

Why Experiential Rewards Are Winning Over Customers: 5 Stellar Examples by Peter Vogel (The Wise Marketer) In today’s highly competitive business environment, brands are constantly searching for innovative ways to engage and retain their customers. If you want to build better customer relationships, read this article!

Customer Service 176

Customer Service Marketing Customer retention Customer Experience 176

ShepHyken

FEBRUARY 21, 2023

The benefit of building trust is potential customer loyalty. Your happy customers become the best members of your marketing department. The right customer experience gets customers to talk about you, refer you and evangelize your brand. Delivering an amazing customer experience makes price less relevant.

Customer Experience 176

Customer Experience Surveys Customer retention Customer Service 176

Nicereply

JULY 31, 2023

A customer satisfaction survey – the easiest way to get feedback from your customers. Customer feedback fuels the engine of any business. When you know what customers think about your product and your service, you’re able to plan strategically and make smart bets. Use clear and concise language 2.

Surveys 98

Surveys Feedback Customer Support Wireless 98

TeleDirect

MARCH 15, 2025

Better Brand Representation and Customer Trust Customers prefer speaking to agents who understand regional dialects, cultural norms, and business etiquette. A US-based call center ensures: More authentic and engaging customer interactions. Higher customer retention due to personalized service.

Call Center 62

Call Center First call resolution Healthcare Telemarketing 62

OctopusTech

JULY 17, 2023

Customer retention email plays a major role for the growth of any company. But what about your existing customers who keep purchasing your products? This is where customer retention email comes in as with this a company can use different email strategies to make them buy the goods again from a brand.

Customer retention 62

Customer retention Surveys Feedback Marketing 62

ShepHyken

JANUARY 31, 2020

This week we feature an article by Pem Brooke, Marketing Manager of SuperStaff. Pem discusses the importance of shifting customer service tactics in order to cater towards customers from each generation. Your brand could succeed in marketing to this generation through social media and SMS. The Four Generations of Clients.

Customer Service 220

Customer Service Entertainment Marketing Customer Support 220

TeleDirect

DECEMBER 20, 2024

Why Customer Experience is the New Competitive Edge for Businesses In today’s hyper-competitive market, where consumers are bombarded with options at every turn, businesses face an undeniable truth: customer experience (CX) is no longer a mere differentiatorit is the competitive edge.

Customer Experience 62

Customer Experience Journey mapping Call Center Chatbots 62

delighted

OCTOBER 22, 2024

ecommerce market will see a $475 billion increase by 2028. By creating an ecommerce customer journey map, you can pinpoint what’s working (and what’s not), take action to remove any friction, and ensure a smooth, holistic experience for your customers. How much do customer retention and loyalty matter?

Journey mapping 52

Journey mapping Surveys Feedback Advertising 52

OctopusTech

JUNE 29, 2023

Most organizations generally use these different tactics such as outbound call center services for customer retention in the long run and to enhance the entire sales process. Their operators reach out to existing and potential customers and play an essential role in marketing, sales, customer service, lead generation, and more.

Customer retention 62

Customer retention Call Center Upselling outsourcing 62

ShepHyken

JANUARY 31, 2020

This week we feature an article by Pem Brooke, Marketing Manager of SuperStaff. Pem discusses the importance of shifting customer service tactics in order to cater towards customers from each generation. Your brand could succeed in marketing to this generation through social media and SMS. The Four Generations of Clients.

Customer Service 206

Customer Service Entertainment Marketing Customer Support 206

customer sure

DECEMBER 21, 2024

What Is Customer Retention? Customer retention is the practice of keeping your customers loyal and engaged over the long term. Why Customer Retention Is Important If customer acquisition feels expensive, it is. Act on Feedback Immediately Customers expect more than surveys; they expect results.

Customer retention 62

Customer retention B2B Feedback Metrics 62