Remove Customer Retention Remove Interaction Remove Poor Customer Service
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40 Customer Retention Statistics You Need to Know

GetFeedback

Learn about the top two customer surveys for predicting and increasing customer retention. Anytime a customer cuts ties, you experience the negative impact of customer churn. Here are 40 customer retention statistics that reinforce the growing need for customer experience management.

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Customer retention in the telecom industry – new thinking

TechSee

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.

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The True Cost of Losing a Customer

BlueOcean

One negative customer experience may seem like a drop in the ocean of all your customer interactions, but it’s never that simple. It’s worth mentioning that many customer relationships can be saved even after a bad experience with the actual product or service, particularly if they choose to contact a customer service rep.

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The 7 Sins of Customer Experience

ECXO

Businesses that fail to communicate effectively or transparently with their customers risk creating an atmosphere of confusion and mistrust. Like a well-rehearsed orchestra, every point of customer interaction within a business should function harmoniously. The fourth sin is inconsistency. How awesome is that?

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The cost of NOT focussing on Customer Experience

ijgolding

Only recently I wrote about an experience a friend of mine was (and still is) having with BT – it was the perfect example of the RANDOM or UNINTENTIONAL Customer Experience. Ultimately, customers the world over are struggling to know what to expect when they interact with businesses in most industries.

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The Story of Jose – A Tale About Customer Experience

ECXO

The power of example Jose’s relentless efforts to create a customer-centric culture began to inspire others. His desk mate, a giraffe named Gina who worked in the sales department, began to notice the difference in Jose’s interactions with customers.

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The True Cost of Losing a Customer

BlueOcean

Listen to the audio via our podcast here: One negative customer experience may seem like a drop in the ocean of all your shopper interactions, but it’s never that simple. But if that interaction also ends negatively, the customer support experience can become the straw that breaks the camel’s back.