Remove Customer Retention Remove Infographics Remove Self Service
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3 Ways To Balance Customer Acquisition and Retention Strategies

Lumoa

However, should your marketing budget be more focused on customer acquisition or retention is a tough question and one that will eventually define your growth. Talking about customer retention, you possibly already know the merits of investing time and money in keeping your existing customers satisfied and hooked.

Strategy 195
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DCX # 133 | Show Me the Money: Proving ROI from Your CX Initiatives

DCX

Get eye-catching infographics and templates to communicate ideas effectively. A smoother experience today means loyal customers tomorrow—but that payoff doesn’t show up overnight. Everyone Wants Credit Let’s say customer retention goes up. Higher self-service adoption? The problem?

ROI 52
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Key Customer Retention Strategies for Alternative Lenders

CSM Magazine

It is not enough to attract new customers to your services. Customer retention is even more important than customer acquisition. More than that, customer retention is the best form of marketing. Clients who recommend your services to others make the best ad. You can also add self-service tools.

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How to Empower Your Employees to Satisfy Your Customers

Alliance by IFS

Best-in-Class service companies embrace customer-centricity and empower their workforce and field technicians to understand their customers and form relationships which generate additional benefits for the organization as a whole. These include: increased customer retention. higher customer satisfaction rate.

How To 84
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The Importance of Customer Service and How it can Grow your Sales (Infographic)

Answer Dash

Customer service is cheaper in different ways: Customer service trigger word of mouth, reduce customer acquisition cost and enhance customer satisfaction. According to this infographic, the cost of bad customer service is worth $62 billion annually. image credit: vonage.com.

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Three Ways Fleet Management Solutions Make Your FSO More Efficient

Alliance by IFS

Knowledge management features to connect your workforce and customers to the information they need, when they need it. Use Scheduling and Dispatch as Customer Retention Strategy. Customers who get their problems resolved quickly are much more likely to continue giving your company their business. It’s simple.

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Omnichannel experiences are critical but must drive tangible business benefits to be successful

OpinionLab

Aberdeen , in its omnichannel research, has claimed that businesses that adopt an omnichannel strategy achieve a 91% greater year-over-year increase in customer retention compared to those that don’t. The infographic below – also from our own survey – tries to get to grips with this from a service situation perspective.