Remove Customer Retention Remove Rewards Programs Remove Self Service
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5 Top Customer Service Articles of the Week 5-30-2022

ShepHyken

Each week I read many customer service and customer experience articles from various resources. This is Where Rewards Programs Lose Most of Their Members by Jenn McMillen. Yet 44% of companies say they’re more keenly focused on customer acquisition and just 16% on retention.

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What is Customer Enablement? A Quick Guide for B2B & SaaS

Totango

This delivers customers more satisfying experiences, which promote higher retention, lower churn, and higher referral rates. A customer enablement program is a vital part of the customer landscape for B2B and SaaS companies that rely on customer retention for growth.

B2B 88
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Why Customer Experience Is The Real Driver Of Brand Success?

SurveySensum

Set clear response time expectations and meet service level agreements. Offer self-service options for customers to find answers on their own like blogs, FAQs, video tutorials, etc. One good strategy to boost customer loyalty is – the REWARDS program. How do they do it? But that’s not all.

Brands 83
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Leveraging Customer Service Survey Questions to Boost Your Support Strategy

Retently

Service survey questions effectively uncover customer expectations, allowing businesses to assess whether they are successfully meeting these benchmarks. Moreover, engaging customers directly for their feedback confirms that their input is valued, which can lead to improved loyalty and higher customer retention rates.

Survey 119
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Customer lifetime value formula: Easy ways to calculate it

delighted

The advantage of using the predictive model is identifying your most valuable customers. This figure can also show you which products and services are responsible for the most revenue, which can help you improve your customer retention strategy. It also works the other way, with inactive customers becoming active again.

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Tailoring Your CV: How to Land the Job You Want

CSM Magazine

Supported management in efforts to increase productivity by motivating employees through improved rewards programs. Increased customer engagement with weekly social media question and answer sessions. The lower your escalation rates are, the more effective you are at quickly dealing with customer complaints.

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How to Create Perfect Live Chat Customer Experience

ProProfs Chat

And not just for the product alone, it should include pretty much everything – company policy, products, discounts, rewards programs, and more. Tips: Sharing links to relevant pages encourages self-service. Your quality of support will also drive up customer retention numbers. Closing Thoughts.