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How to Increase Customer Retention: 15 Proven Strategies That Work

InteractionMetrics

What Is Customer Retention and Why Does It Matter? Customer retention might sound like fancy business jargon, but really, it’s just the art of keeping your customers happy enough that they stick around. Thats customer retention at workusing incentives and positive experiences to keep you coming back.

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What Do Companies with High Net Promoter Score Have in Common?

Retently

Does your company retain its customers or take them for granted? Customer retention is one of the most important aspects of growing your company, yet it’s one that many companies overlook, focusing more on acquiring new customers. After all, brands with high customer retention are usually companies with high NPS score.

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7 steps on creating a winning voice of the customer program 

Happy or Not

The goals may include improving customer satisfaction , enhancing customer loyalty, reducing customer churn, and increasing customer lifetime value. A clear understanding of these objectives helps your customer success team focus on what needs to be achieved and what metrics to track.

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The role of emotions in CX and how you can use them to design better experiences

ECXO

For example, if a customer has a positive emotional connection with a brand, they are more likely to overlook minor issues or price increases. They may also be more inclined to recommend the brand to others, further increasing the company’s customer base. This is what the famous NPS attempts to measure.

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7 Lessons To Learn From Starbucks NPS To Boost Your Customer Loyalty

SurveySensum

And because of this experience, the coffee giant currently enjoys an NPS score of 77, one of the highest in the sector! So, let’s explore some of the factors responsible for such a high score and such a huge loyal customer base. Key Drivers of Starbucks NPS Score 1. Launch Your Own NPS Program With SurveySensum!

NPS 52
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Leveraging Customer Service Survey Questions to Boost Your Support Strategy

Retently

Customer service surveys are essential for identifying business strengths and weaknesses, enhancing customer interactions, and monitoring trends to align service with customer needs for growth and retention. Not only do customer service surveys gather valuable feedback, but they also serve as potent market research tools.

Survey 119
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5 Best Customer Retention Software to Try in 2024

SurveySparrow

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?