Happy or Not

DECEMBER 9, 2024

Retaining customers is essential for business growth. At HappyOrNot, we understand that the key to boosting customer retention is effectively using feedback analytics. Feedback insights help craft a customer retention strategy that keeps loyal customers happy as well as attracts new ones.

Customer Retention 36

Customer Retention Analytics Feedback Analysis 36

eglobalis

JULY 2, 2024

The Rise of Data Analytics and , AI and Real-Time Feedback Advancements in data analytics and real-time feedback mechanisms are revolutionizing how companies collect and utilize customer insights globally. Customer Lifetime Value (CLV) : Estimates revenue potential from a customer over their lifetime.

NPS 450

NPS Feedback Net Promoter Score B2C 450

Thematic

DECEMBER 5, 2018

Today, it’s more about offering customers something as personalized as possible, so that they feel truly special. So, let’s look at ways to reduce churn with customer retention analytics and why it’s important in the first place. What is customer retention? Why is customer retention important?

Customer Retention 96

Customer Retention Analytics Data Strategy 96

eglobalis

SEPTEMBER 16, 2024

Additionally, creating feedback loops where customers can voice concerns and suggestions allows companies to continuously improve their CX offerings. Systems like VOC and companies such as Sandsiv help provide real-time customer insights.

B2B 372

B2B Strategy Customer Experience Customer Journeys 372

Retently

MARCH 11, 2025

They act as a bridge between the customer and teams working with product, marketing, logistics, and support to ensure customer insights lead to tangible fixes. Customer Support Teams Ensuring issues are resolved quickly and with a personal touch. CX Managers dont just react to problems, they anticipate them.

Ecommerce 115

Ecommerce Self Service Customer Experience Management 115

Comm100

APRIL 10, 2024

With proper application, this integration: Provides a greater customer experience Delivers a personalized service that can boost customer retention rates Reduces staff burnout Another key benefit of using AI in customer service is the ability to better understand and predict the needs of the customer to address their concerns almost instantaneously.

Customer Service 262

Customer Service Chatbots Analytics Customers 262

InMoment XI

NOVEMBER 20, 2023

AI-driven insights provide consumer behaviors and preferences, as well as uncover new trends and overall a more personalized experience. Customer retention rates and customer service can be improved by using AI to actively listen for qualitative feedback and elicit more valuable responses.

Customer Experience 243

Customer Experience Strategy Chatbots e-support 243

InMoment XI

SEPTEMBER 5, 2024

When companies do offer personalized experiences, 78% of those customers who receive that level of personalization are likely to make repeat purchases. With these statistics in mind, it is clear that delivering consistent, memorable experiences is a must for any organization looking to build and sustain a loyal customer base.

Effort Score 195

Effort Score Net Promoter Score Customer Journeys Metrics 195

SurveySensum

DECEMBER 22, 2022

And yet, it has the most loyal customer base. . – Well, one thing that Zara does is, it knows what to focus on and how to make its customers happy. That’s why they take customer feedback SERIOUSLY. . Voice of Customer (VOC) – Brief. How can you improve customer retention with VOC program? .

Customer Retention 52

Customer Retention Customer Success Loyalty Programs Social Media 52

Optimove

JUNE 22, 2020

Using loyalty data to power customer retention and reactivation. This is just one methodology ( with three more to download ) that demonstrates how marketers can easily use Optimove to discover customer insights, test their hypotheses, and optimize their CRM campaigns. How’d they do it, you ask?

Customer Retention 52

Customer Retention Loyalty Data Loyalty Programs 52

Lumoa

JUNE 14, 2023

Everyone from customers to investors and stakeholders will be wary of associating with a company that can’t seem to get its customer experience right. According to Harvard Business Review, acquiring a customer costs anywhere from 5 to 25 times more than retaining an existing one. But the damage doesn’t stop there.

NPS 195

NPS Effort Score Customer Centricity Loyalty 195

InMoment XI

NOVEMBER 15, 2023

Customer Churn Rate : Customer churn rate quantifies the percentage of customers who stop using a company’s product or service over a specific period, helping businesses gauge customer retention and identify potential issues. Who Needs Customer Experience Analytics?

Analytics 243

Analytics Customer Experience e-support Net Promoter Score 243

SurveySparrow

FEBRUARY 22, 2024

Customer retention is one of the crucial aspects of business. Since it’s plain as sky that it’s harder to acquire a new customer than to retain one, most companies go retention. Now, the next hurdle is finding the apt tool or software to help with retention. And that’s probably why you are here, right?

Customer Retention 52

Customer Retention Software Gamification e-support 52

Happy or Not

NOVEMBER 20, 2024

By diversifying feedback collection methods, companies can obtain a well-rounded view of customer sentiment and make data-driven decisions that meet the needs of their entire customer base. By tailoring customer surveys to address specific issues, companies can gain actionable feedback directly from their customer base.

User Experience 36

User Experience Customer Satisfaction Feedback Customer Experience 36

Retently

MARCH 17, 2025

Tracks how customer sentiment, retention, and support efficiency have evolved over time. Looks at macro-level insights beyond support tickets: Has the perception of our brand improved or declined? customer sentiment via NPS, CSAT, CES) How has our customer retention rate changed year-over-year?

Report 90

Report How To Effort Score NPS 90

delighted

OCTOBER 22, 2024

But while ecommerce has made retail purchases more accessible, it has also disrupted the traditional, linear, retail buyer’s journey and has transformed it into a more complicated series of customer touchpoints. Mapping these touchpoints is crucial to understanding the ecommerce customer journey – and improving customer experiences.

Customer Journeys 52

Customer Journeys Ecommerce Social Media Net Promoter Score 52

ijgolding

OCTOBER 25, 2018

While collecting Friday night takeaway is not necessarily the most bleeding-edge example of an omnichannel customer journey, it is one that can operate easily. It’s this type of experience customers are expecting from all brands, at every touchpoint, regardless of what they are buying (e.g., Where to Begin: Customer Insights.

Customer Experience 167

Customer Experience Customer Journeys Touchpoint Multi-Channel 167

Lumoa

MARCH 8, 2023

Granular and Refined Insights are Valuable While telcos spend a lot of money on gaining customer insights, they often just end up in a report, and little action is taken. Telcos need to be more critical about how insights are gained and used productively.

Industry 195

Industry Customer Centricity Telecommunications Feedback 195

Gainsight

JANUARY 8, 2025

According to our recent report The Customer Success Index 2024 (CS Index), there was more than a 50% decline in CS teams relying on a MAP for customer communications in favor of dedicated post-sales tools and systems. By combining insights, automation, and human intervention, CSPs help organizations retain and grow their customer base.

Customer Journeys 52

Customer Journeys Net Promoter Score Sales System 52

Totango

APRIL 5, 2022

It can make your NPS surveys more efficient by performing a number of functions, such as: Segmenting your respondents based on criteria you select so you can zero in on a particular part of your customer base. Customizing your survey with additional response fields. Branding your survey.

NPS 108

NPS Software Net Promoter Score Multi-Channel 108

ChurnZero

NOVEMBER 26, 2024

For instance, owning customer retention signifies direct responsibility for renewal rates. Provide strategic guidance and recommendations to optimize customer outcomes. Secondary Responsibilities: Collaborate closely with sales, marketing, product, engineering, and other teams to ensure a seamless customer journey.

Customer Success 52

Customer Success How To Insurance Culture 52

Gainsight

OCTOBER 22, 2018

For the last six years, we’ve been on a mission here at Gainsight to spread the word about Customer Success as the only way to drive sustainable growth in subscription businesses. The Customer Success Movement in 3 Acts.

Sales 95

Sales Marketing Customer Success Customer Insights 95

Thematic

OCTOBER 30, 2024

VoC analysis helps businesses identify what drives customer loyalty and satisfaction, enabling them to implement changes that resonate with their audience. By addressing issues highlighted by customers, companies can build stronger relationships, resulting in a loyal customer base that is less likely to switch to competitors.

Voice of Customer 62

Voice of Customer Examples Industry Handbook 62

CSM Magazine

JANUARY 30, 2024

In an era of rapid information dissemination, maintaining an impeccable brand image through outstanding customer service is paramount. A company’s reputation becomes synonymous with the quality of its service, attracting a dedicated customer base and setting it apart in a crowded marketplace.

Customer Centricity 111

Customer Centricity Exceptional Customer Service e-support Case Study 111

Gainsight

DECEMBER 10, 2018

Top 5 Customer Success Blog Posts of 2018. You can’t have a business without a product and you can’t maintain a customer base without Customer Success. What is a Customer Retention Rate and How do I Calculate It? Acquiring a new customer can be up to 25x more expensive than selling to existing customers.

Customer Success 71

Customer Success Net Promoter Score Chief Customer Officer Metrics 71

Gainsight

APRIL 8, 2020

Maximize Customer Retention. Retaining customers that are already in the base is the first fundamental step in maintaining a solid revenue foundation. Drive Leads from your Customer Base. Team members can also leverage an Expansion Spotting Dashboard w/in Gainsight, to mine their entire customer base.

Sales 98

Sales Effort Score Fashion Report 98

Bob Hayes

SEPTEMBER 27, 2018

Reducing customer churn requires you to know two things: 1) which customers are about to churn and 2) which remedies will keep them from churning. In this paper, I show you how marketers can improve their customer retention efforts by 1) integrating disparate data silos and 2) employing machine learning predictive analytics.

Data 84

Data Marketing Healthcare Effort Score 84

Bob Hayes

SEPTEMBER 27, 2018

Reducing customer churn requires you to know two things: 1) which customers are about to churn and 2) which remedies will keep them from churning. In this paper, I show you how marketers can improve their customer retention efforts by 1) integrating disparate data silos and 2) employing machine learning predictive analytics.

Data 81

Data Marketing Healthcare Effort Score 81

C3Centricity

DECEMBER 8, 2017

In order to grow, you need to both maintain your current customer base, as well as attract new ones. It is well documented that it costs a lot more to acquire a new customer than it does to keep one. And yet most organisations continue to spend more on acquisition than retention. They reported a 3.1%

Meeting 120

Meeting How To Social Media Brands 120

ProProfs Chat

NOVEMBER 9, 2021

Being in the pursuit of offering the best customer experience, you’ll eventually end up having the highest levels of customer satisfaction, which will act as the key differentiator between you and your competitors. It promotes customer retention and loyalty. Read more: 100+ Customer Satisfaction Survey Questions.

Customer Satisfaction 97

Customer Satisfaction Measurement How To Effort Score 97

Method:CRM

JULY 11, 2022

Hera are the four core reasons why improving customer experience is essential when running a business. Improve customer retention. Outstanding customer experience leads to satisfied customers. In turn, satisfied customers will trust your company more and be much more likely to come back for more business.

Customer Journeys 92

Customer Journeys Customer Experience How To Loyalty Programs 92

Totango

SEPTEMBER 24, 2020

Customers seek out your product as a solution to a problem and a path to growth, and your ability to deliver on that promise, right from the outset, is key to ensuring they stay satisfied and continue growing their relationship with you through repeated renewals and upsells. Customizing Communication and Offers.

How To 78

How To Customer Success Customer Journeys Customers 78

Optimove

MAY 25, 2023

When customers stick around, they keep generating revenue for your business – long-term. By focusing on customer retention, you reduce churn and flip one-time buyers into loyal brand advocates. Revenue that keeps on giving : Increasing customer retention by a mere 5% can boost profits by a whopping 25% to 95%.

Multi-Channel 52

Multi-Channel Strategy Customer Journeys Touchpoint 52

SurveySparrow

JUNE 20, 2023

Identify the key metrics that align with your business objectives and customer experience strategy. Moreover, these could include customer satisfaction scores, Net Promoter Score (NPS), customer retention rates, or response times.

Customer Journeys 52

Customer Journeys Net Promoter Score Customer Experience Social Media 52

TeamSupport

APRIL 26, 2019

Tying personalization into the previous point, automating certain aspects of the customer experience won’t remove the human touch from customer service. Rather, it will provide service teams with an opportunity to foster more one-to-one connections with their customer base. Understand the customer. Key Takeaways.

Competitive Advantage 55

Competitive Advantage Customer Service Self Service How To 55

ChurnZero

JUNE 14, 2023

For subscription businesses, the focus is clear: retaining customers. Older research from Fred Reichheld of Bain & Company showed that, in financial services, “a 5% increase in customer retention produces more than a 25% increase in profit.” When choosing your platform, think beyond your customer success team.

Customer Success 52

Customer Success Competitive Advantage Roadmap Customer Voice 52

SurveySparrow

JULY 26, 2023

By designing targeted questionnaires and collecting feedback at different touchpoints, you can gather a comprehensive set of customer insights. # 2: Analyze and Interpret Data Once you have collected the customer feedback, the next step is to analyze and interpret the data. What are a few Voice of Customer techniques?

Voice of Customer 52

Voice of Customer Social Media Customer Journeys Competitive Advantage 52