ShepHyken

APRIL 26, 2021

(ZDNeT) Customer service is experiencing a renaissance, and with the right imagination, intention, and technology, it can also become a business growth engine by driving satisfaction, sales, and loyalty. One of the main points is that customer service is becoming the face of a brand. Think about that!

Customer Service 351

Customer Service First call resolution Contact Center Best practices 351

delighted

MARCH 23, 2021

By emphasizing customer retention as a key performance indicator (KPI) for your business, you can ensure your priorities are in the right place. What’s your customer retention rate? Before you can focus on improving customer retention, you must benchmark how you’re currently doing in this department.

Customer retention 116

Customer retention Feedback Surveys Benchmark 116

ShepHyken

OCTOBER 8, 2018

Customer Retention Metrics Part 2: How to Keep Loyal Customers Happy and Optimize Post-Purchase Measurements b y Alan Finlay. Relay) Improving customer retention requires looking at the customer lifecycle as a whole and searching for ways to optimize each stage. Top Five Bonus.

Customer Service 224

Customer Service Customer retention Call Center Metrics 224

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

MAY 17, 2021

How to handle customer complaints? 6 tips you must know by Alibaba.com. Alibaba.com) This article summarizes 4 common types of customer complaints and worked out 6 tips to handle them smartly and strategically. The sixth tip, which features specific verbiage to use, is very tactical.

Customer Service 213

Customer Service Customer retention Marketing Sales 213

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. billion in sales. Lots of companies post values. This one turned them into more than $1.4

Customer Service 224

Customer Service Customer retention B2C Contact Center 224

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. What is customer retention?

Customer retention 125

Customer retention Feedback Surveys Metrics 125

ShepHyken

JUNE 13, 2016

My Comment: Twitter has become an important customer service channel. 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. Is it more important than sales?

Customer Service 208

Customer Service Upselling Customer retention B2C 208

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

ProProfs Blog

JUNE 21, 2019

Do you have a customer retention strategy? Companies focus on customer acquisition strategies, since increasing your customer count is the lifeblood of your business. But, customer acquisition won’t help, if you are unable to retain customers. Understand Customer Retention.

Customer retention 95

Customer retention Sales Marketing Scripts 95

CSM Magazine

OCTOBER 21, 2024

A positive customer experience can set you apart from your competitors, ensuring long-term relationships with your clients and fostering brand loyalty. In this blog post, we will explore some essential tips for delivering the best customer experience that can help your business thrive.

Customer Experience 52

Customer Experience Customer centricity Feedback Surveys 52

ShepHyken

FEBRUARY 10, 2020

My Comment: Customer experience and marketing are very much connected. This short article and infographic has ten marketing tips that cross over to the CX world. Bigfoot Customer Service. How B2B Companies Can Up Their Customer Experience Game Based on Insights from Nicholas Caffentzis. Number one is keeping it simple.

Customer Service 212

Customer Service B2B Customer retention B2C 212

ClientSuccess

NOVEMBER 2, 2022

While multiple factors drive customer retention (including product value and internal customer issues, which a CSM will have little control over), customer success managers can strategically focus their efforts, conversations, and recommendations for customers to help guide them toward long-term, mutually beneficial partnerships.

Customer retention 70

Customer retention Upselling SaaS Accountability 70

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? Poor Customer Fit. Being aware when customers are undergoing personnel changes.

Customer retention 94

Customer retention Sales Marketing Big data 94

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

ShepHyken

MARCH 13, 2017

(Forbes) Since millennials love to get customer support via social media, they’re also more likely to want to offer it to their customers when they’re the company founders. If you’re a millennial founder, here are some tips to help you and your team offer witty and effective customer support on social media.

Customer Service 230

Customer Service Best practices Customer retention Customer Support 230

Callminer

AUGUST 6, 2019

In this guide, we’ll help you make more informed buying decisions by describing the various types of call center software, offering expert tips and guidance for choosing the best software solutions for your needs, as well as best practices for utilizing and implementing your call center software suite. Types of Call Center Software.

call center software 140

call center software Best practices Call Center Interactive Voice Response 140

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

ShepHyken

NOVEMBER 27, 2023

Each week, I read many customer service and customer experience articles from various resources. Field Tested Tips for Aligning Customer Service and Marketing by Ronnie Gomez (Sprout Social) If a business is an orchestra, then every department is its own instrument. I’ve written about Tipflation and Tip Creeping.

Customer Service 182

Customer Service Morale Customer retention Marketing 182

Integrity Solutions

APRIL 28, 2021

What actions can you take to both increase employee engagement and create a customer retention strategy that moves more of your customers from “satisfied” to “loyal”? One of the key tenets of a customer retention strategy is that it relentlessly focuses on value creation. A 5-step roadmap to get you started.

Customer retention 86

Customer retention Employee engagement Customer centricity Metrics 86

ShepHyken

SEPTEMBER 10, 2023

” I’m intrigued by the article as it claims that one way to attract and retain these customers is through visual imagery. For some small brands, a viral moment can be game-changing for putting their brand on the map, and for larger retailers, it can draw attention to a new product line to significantly boost sales.

Customer Service 213

Customer Service B2C Customer retention B2B 213

aircall

OCTOBER 6, 2021

One of the best strategies for increasing engagement and retention is to refine your sales onboarding process. In this article, we’ll look at effective sales onboarding and how it can fundamentally improve the new hire experience for your sales professionals. Defining Effective Sales Onboarding.

Sales 117

Sales Scripts Best practices Feedback 117

ShepHyken

AUGUST 6, 2023

Customer Retention Statistics – the Ultimate Collection for Small Business by Matt Mansfield (Small Business Trends) Customer is strategic efforts a business makes to keep existing customers engaged and loyal over time. Once again, another list of tips and tactics to keep your customers satisfied.

Customer Service 156

Customer Service B2C Customer retention Government 156

Integrity Solutions

APRIL 19, 2024

Mastering the human side of selling is key to sales success, but what does phrase that mean exactly? At its essence, humanizing the sales experience is really about personalization. The desire for a personalization in the sales experience has only grown in recent years. The same holds true across the sales-service continuum.

Personalization 103

Personalization Sales Scripts Contact Center 103

Totango

MAY 7, 2024

Both CS and Sales leaders agree: Retention is the #1 priority. Achieving higher retention requires close alignment between CS and Sales teams, yet 87% of CS and Sales leaders told us there’s significant room for improvement in their collaboration. But there’s a problem. Use your words Talk to each other!

Sales 103

Sales Upselling Metrics Accountability 103

ShepHyken

FEBRUARY 12, 2024

Jenkins (Social Media Examiner) Want to deliver extraordinary customer care that leads to client retention? Wondering how your approach to customer experience leads to tangible outcomes like increased sales, customer retention, and referrals? Here’s a great list.

Customer Service 178

Customer Service Self service Personalization Customer retention 178

ShepHyken

NOVEMBER 29, 2021

Each week I read many customer service and customer experience articles from various resources. Increase Employee Retention With These 4 Tips by David Finkel. The customer experience really starts on the inside of an organization with the employee experience. Here are my top five picks from last week.

Customer Service 225

Customer Service Chatbots B2C B2B 225

Nicereply

JULY 21, 2022

A good customer retention strategy is the top investment you can make for your business. It’s more profitable than acquiring new customers, and it costs less money to keep existing customers than to acquire new ones. Invesp found that acquiring a new customer can cost five times more than keeping an existing one.

Customer retention 64

Customer retention Advertising Education Chatbots 64

CSM Practice

JULY 6, 2020

Choose your target customers carefully to achieve mutual success. There are some who think that it is good to target the general audience without any specification as it would drive to more traffic and sales, but this is totally a red flag if you really want to achieve success. Know the value you provide.

Customer retention 105

Customer retention Sales Customer Care Marketing 105

aircall

JUNE 30, 2021

Many look to the company for ways to improve customer retention. Email: Ring’s Secret to Improve Customer Retention. For one thing, it sends new customers emails to share tips on properly setting up the product. How to Measure Customer Retention Rate. The Impact of Community. Starbucks has 19.3

Customer retention 62

Customer retention Customer advocacy Brand ambassadors Wait times 62

ChurnZero

JANUARY 22, 2021

“But I didn’t want a job in sales!”. If you’ve internally cursed the idea of selling or simply desire to take your sales skills up a notch, then this webinar is for you. Apply a language framework to “get into” the sales conversations. Never get ghosted by a customer again. Customer Success Around the Web.

Sales 98

Sales Chief Customer Officer Upselling Metrics 98

ProProfs Blog

JANUARY 4, 2019

Your operators and sales agents may feel a disconnection quite challenging and therefore, they fail to re-engage successfully. There are some interesting ideas that can help your support and sales team successfully re-engage with your previous customers. Further, this helps in reaching out to more customers in the process.

Feedback 90

Feedback Surveys Customer retention Personalization 90

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

ClientSuccess

DECEMBER 5, 2022

Having the right mix of customers in your CAB can make all the difference. Here are a few tips for setting up and running an effective CAB: • Get the right mix of individuals. Find customer champions. finding and managing a core customer base. Think About Your CAB’s Charter.

SaaS 87

SaaS Customer advocacy Feedback Enterprise 87

Totango

AUGUST 12, 2020

The most effective ways to take the stress out of that transition are to build the customer onboarding experience around simple steps and a clear path to value. Your customer signed on in search of value, and the quicker you can deliver that value, the more likely you are to build lasting relationships with customers.

SaaS 88

SaaS Upselling Enterprise Best practices 88

CSM Magazine

JANUARY 15, 2025

Make sure your communication feels like a conversation, not a sales pitch. Use a platform to connect all of your customer touchpointsCRMs, website data, and app interactions. Proactive Follow-ups to Stay Ahead Proactive after-sales follow-ups are just as important. Your goal is to make them feel heard, valued, and understood.

Chatbots 52

Chatbots Sales Customer retention Personalization 52

ShepHyken

OCTOBER 17, 2022

They are a history lesson of the customer’s most recent experience. However, there is a more important number, and that is the future sales of the customer. In other words, does the customer come back? Retention Signals Success for Subscription Businesses by Guy Marion. My Comment: I love this list.

Customer Service 34

Customer Service Surveys Chatbots Self service 34