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(Source: White House Office of Consumer Affairs via Help Scout ) 95% of customers share bad experiences with others. The Power of a Good Customer Experience. 81% of companies who are able to deliver customer experience excellence outperform their competition. Source: Zendesk ). Source: RightNow ).
But taking customer experience lightly can be dangerous too. Some studies suggest that poorcustomerservice costs businesses up to $62 million per year. trillion annually when their customers leave – and that’s only in the US. Others are less “optimistic,” saying that companies stand to lose up to $1.6
On top of all of this, it has created countless customer experience challenges which many organizations have been unable to meet. A recent study by the UK Institute of CustomerService found that complaints about poorcustomerservice are at their highest levels since 2009. The research is clear.
But taking customer satisfaction lightly can be dangerous too. Some studies from 2016 suggest that poorcustomerservice costs businesses up to $62 million per year. trillion per year when their customers leave – and that’s only in the US. Fosters a Company-Wide Customer-Centric Culture.
The July issue of Consumer Reports stated there were 1.1 million complaints against North American businesses last year; up 10 percent from 2009. So why are so many people so dissatisfied with customerservice ? Jack Abelson, a retail industry consultant called customerservice “abominable.&#
According to Forbes , Businesses are losing $62 billion per year through poorcustomerservice. Bad customerservice doesn’t just impact your revenue now, but can dramatically affect it in the future as study shows 86% of consumers said they’ve stopped doing business with a company after a bad customer experience.
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