InMoment XI

MAY 2, 2024

The benchmarks serve as a valuable tool for organizations looking to assess their reputational performance, set goals, make informed decisions, and drive continuous customer experience improvement. To properly execute these strategies across your business, you need to have coordinated efforts across your entire organization.

Retail 195

Retail Customer Retention Strategy Management 195

Comm100

OCTOBER 8, 2016

Your customer retention is super important to your bottom line—after all, customer loyalty is well-known for being more valuable than customer acquisition. With stakes this high, it’s essential that you build a solid customer retention plan that can lead to long-term customer loyalty.

Customer Retention 154

Customer Retention Loyalty Strategy Loyalty Programs 154

InMoment XI

NOVEMBER 9, 2021

An example of a program goal could be: 20% increase in customer retention, 10% reduction in cost to serve, +10% increase in revenue per store year on year. Decide which initiative you will tackle first—will it be customer retention, reducing costs, cross- or upselling, or customer acquisition?

Roadmap 370

Roadmap Customer Experience Customer Retention Financial 370

Optimove

FEBRUARY 12, 2025

Discover the latest email strategies to grab the attention of your customers Download Now Why It Matters: The holiday season is critical for retailers as it often brings a surge in sales driven by new and one-time shoppers. Optimove Insights show that up to 60% of monthly customers may not return for a second purchase.

Customer Retention 52

Customer Retention Strategy Loyalty Programs eBook 52

TechSee

JANUARY 7, 2020

Accenture reports that 77% of consumers are no longer loyal to any particular brand, telcos must work harder than ever to retain their customer bases. Acquisition costs far outweigh those of keeping current customers, further motivating companies to implement innovative strategies to boost customer retention in the telecom industry.

Customer Retention 136

Customer Retention Industry Telecommunications Effort Score 136

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 Strategy Net Promoter Score NPS 116

Genroe

NOVEMBER 2, 2022

The Customer Retention Rate formula, what goes into it and download a free Customer Retention Rate calculator. The post Customer Retention Rate Formula and Free Calculator appeared first on B2B Marketing | Customer Feedback | Net Promoter Score | Genroe.

Customer Retention 98

Customer Retention Net Promoter Score B2B Feedback 98

InMoment XI

NOVEMBER 9, 2021

An example of a program goal could be: 20% increase in customer retention, 10% reduction in cost to serve, +10% increase in revenue per store year on year. Decide which initiative you will tackle first—will it be customer retention, reducing costs, cross- or upselling, or customer acquisition?

Roadmap 259

Roadmap Customer Experience Customer Retention Financial 259

Optimove

JANUARY 2, 2025

Create personalized offers that resonate with individual preferences Build loyalty programs designed to reward and retain high-value players Focus on impactful communication to engage without overwhelming Download the report now and transform your approach to customer retention.

Consumers 76

Consumers Marketing Loyalty Programs Customer Retention 76

Experience Investigators by 360Connext

DECEMBER 10, 2024

Defining What Customer Experience ROI Looks Like There are countless ways to show the value of your CX efforts. Prioritize the onboarding and new customer experience. Speak with new customers to understand what support they need and identify how you can improve their experience to make it better.

ROI 143

ROI Customer Experience Customer Journeys Effort Score 143

ProProfs Chat

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 82

Customer Retention Engagement Strategy Rewards Programs 82

Optimove

JANUARY 6, 2025

See the difference control groups make in this guide Download Now Why it Matters: If marketers can convert one-time fashion and beauty customers into multi-time customers, this will increase lifetime customer value. Higher Spend: Repeat customers spend 23% more per order than one-time buyers.

Fashion 59

Fashion Gamification Omni-Channel Loyalty Programs 59

Experience Investigators by 360Connext

JANUARY 7, 2025

Your CX strategy should reflect where your organization currently stands with its customer experience and define a clear vision for where you can go next. A well-defined CX strategy can help you drive tangible business outcomes: Greater customer retention, a stronger brand reputation, and faster revenue generation.

Customer Journeys 143

Customer Journeys Strategy Customer Experience Touchpoint 143

One Millimeter Mindset

MARCH 28, 2019

Each of us has a customer retention superpower. And our unique qualities, actions, beliefs and behaviors keep customers glued to our sides, year after year. Our customer retention superpowers are more than attaining functional expertise and excellence in our current professional position. What are yours?

Customer Retention 64

Customer Retention Communication Customers Sales 64

Optimove

JULY 31, 2024

Take your customer segmentation to the next level with our advanced guide Download Now Why it Matters: In this blog post, gain insights from expert marketers about five pillars to create effective strategies that boost customer retention.

Customer Retention 59

Customer Retention Marketing Sports Entertainment 59

Optimove

FEBRUARY 11, 2025

See the difference control groups make in this guide Download Now Why it matters: Understanding hidden data is key to unlocking insights that drive smarter, proactive strategies. Just as the characters search for irregularities in numbers, companies are mining data to uncover hidden insights about their customers.

Data 64

Data Social Media Trends Analytics 64

TechSee

OCTOBER 2, 2019

Other industries faced with high churn rates due to poor customer service include retail/ecommerce (12%), healthcare-related products or services (12%), insurance (11%) and banking/financial services (11%). This underscores the fact that churn plagues all verticals and customer retention strategies are critical to almost every industry.

Survey 164

Survey Customer Service Social Media Telecommunications 164

GetFeedback

AUGUST 14, 2019

Why only consider the percentage of those customers who call themselves satisfied? . A big reason is that tracking the two highest values from CSAT is the more accurate predictor of customer retention than overall averages. . Measure your Customer Satisfaction Score (CSAT) and its ROI with our interactive calculator.

Metrics 273

Metrics Customer Journeys How To Customer Satisfaction 273

Comm100

DECEMBER 19, 2017

Therefore, any company trying to improve their customer experience should follow a defined plan to adopt a strategy that is congruent with their customer expectations. Here is a detailed step-by-step guide to setting goals and strategizing for customer experience improvement. Download Now. Download Now.

Strategy 344

Strategy Customer Experience How To Customer Journeys 344

InMoment XI

DECEMBER 7, 2023

Organizations that consistently keep an eye on this customer experience KPI are also better at predicting if and when a customer is at risk of churning so that they can take the next step and close the loop with at-risk customers. Download Cheat Sheet

Metrics 195

Metrics Net Promoter Score Measurement Customer Experience 195

Comm100

MAY 19, 2020

Live chat allows you to give quick answers to questions about your products, solve problems faster, and assure your customers that you’re there when they need you. This is a simple, yet very effective, recipe for improving both customer service and loyalty. Discover Customer Pain Points. Download Now.

Competitive Advantage 279

Competitive Advantage eBook Report Loyalty 279

AskNicely

AUGUST 1, 2018

You want to show them that not only are you on top of their request, but you can give them the results they are looking for — customer retention and growth. It’s tempting to simply download your customer list and send out a single NPS survey, but a rock-solid NPS program is much more than a single survey. Book a Demo.

NPS 150

NPS Net Promoter Score Tips Customer Retention 150

Michel Falcon Experience

SEPTEMBER 9, 2014

I wonder what the $4,000,000 investment that went into the Super Bowl ad would have done for their brand if it was to have gone toward improving their customer service. Would they have ranked 6th and increased their customer acquisition through referrals by 10%? Would they have increased customer retention by 5%.

Customer Centricity 137

Customer Centricity Company Customer Retention eBook 137

Optimove

MARCH 12, 2025

Discover the latest email strategies to grab the attention of your customers Download Now Why It Matters: Retailers must implement strategic marketing efforts to drive early sales and maintain long-term success. Download Now: 9 creative email tactics Download Now>> #5. These sneakers would go perfectly with that hoodie!

Retail 52

Retail Sales Strategy Marketing 52

Gainsight

JANUARY 21, 2025

Partnership Drives Customer Retention EMEA companies embody the core of Customer Success: partnership. When asked about retention, EMEA respondents favored logo retention over Gross Revenue Retention (GRR). Learn More: Download the Report Dive into more insights and results by downloading the CS Index 2024.

Customer Retention 52

Customer Retention Customer Relationship Management Trends Customer Success 52

CustomerSuccessBox

MARCH 11, 2022

Read on further about Customer Loyalty vs Customer Retention! You’ve to ensure the customers come to you again and again – so that leaves you with an option to retain the existing customers and that’s customer retention! Customer loyalty vs customer retention!

Customer Retention 52

Customer Retention Loyalty Customers NPS 52

C3Centricity

APRIL 2, 2018

Pricing, value perceptions and CLV (Customer Lifetime Value). Customer retention and churn rates. You can download the brochure HERE. . Distribution and OOS (Out-Of-Stock). Awareness of communications. Understanding and appreciation of messages. Website and social media traffic, and conversion rates.

Handbook 275

Handbook Marketing ROI Social Media 275

Optimove

MARCH 19, 2025

Take your customer segmentation to the next level with our advanced guide Download Now Why it Matters: What an incredible first day at Optimove Connect 2025!

Connections 52

Connections Marketing CRM Banking 52

TechSee

OCTOBER 7, 2024

The fusion of financial and environmental gains through TechSee’s visual intelligence solutions is revolutionizing the way businesses operate and engage with customers. For a more detailed analysis, be sure to download our comprehensive white paper and industry report.

ROI 124

ROI First Call Resolution Travel Return on Investment 124

Optimove

DECEMBER 11, 2024

Early limited access to your holiday merchandise is a great bonus for loyal customers, and it is sure to attract attention. The Guide to Re-Engaging Lapsed Customers Identify at-risk and lapsed customers and bring them back with this guide. If its too cumbersome or time-consuming, the shopper will opt out.

e-support 52

e-support Loyalty Programs Social Media Loyalty 52

CustomerSuccessBox

APRIL 19, 2021

The real skill behind customer retention is helping customers achieve success. It would be great if you could rely directly on customer feedback to understand their satisfaction levels but more often than not these satisfaction surveys are lagging indicators. By then 50% of your customer base has already churned.

Customer Retention 52

Customer Retention Net Promoter Score Data NPS 52

Thematic

MARCH 30, 2025

For customer experience teams, KPIs like customer satisfaction score (CSAT) , net promoter score (NPS) , and customer effort score (CES) help quantify how well you’re meeting customer needs. A structured customer insights framework is, therefore, essential. The result? That’s the hard part.

Customer Insights 62

Customer Insights Data Analytics How To 62

Optimove

FEBRUARY 10, 2025

Take your customer segmentation to the next level with our advanced guide Download Now Why it Matters: While acquisition drives market share, customer retention is the unsung hero behind sustainable profits. Sustainable growth comes not just from acquiring customers but from ensuring they stayand engageover time.

Marketing 59

Marketing ROI Loyalty Customer Base 59

Gainsight

NOVEMBER 18, 2024

Takeaway 3: Customer Retention Is Heavily Impacted by Community Customer retention is one of the biggest drivers of any company’s bottom line. Everything from revenue expansion to new customer onboarding is more effective when companies engage their existing customers.

Self Service 40

Self Service Customer Retention B2B Report 40

NICE inContact

DECEMBER 17, 2018

Exceptional CX directly correlates to revenue growth, and with an omnichannel approach to customer service, you set the stage for success by: Delivering exceptional service across channels of choice. Improving customer retention and lifetime value. Download the full Gartner Magic Quadrant report. Download all 3 reports.

Contact Center 120

Contact Center Omni-Channel Roadmap Analytics 120

InMoment XI

JANUARY 2, 2023

They are a great starting point, but as you grow your customer experience program, you’ll be able to aim higher than just putting a few points on the board. How Can I Improve Customer Experience? Download the free eBook today for a comprehensive guide from our experts on how to choose the right CX metrics for your program.

Net Promoter Score 221

Net Promoter Score NPS Metrics Effort Score 221

Oracle

FEBRUARY 13, 2019

In the coming year, I predict the unification of CX, digital transformation, and customer loyalty into one single strategy. The fundamental goal of these activities is, after all, customer retention because customer retention = profits. Christine Bardwell, Senior Principal Product Manager, Oracle Loyalty Cloud.

Trends 95

Trends Loyalty Loyalty Programs Retail 95