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How businesses in Australia are losing $11bn a year due to poor customer service – a 38% increase from 2014 (INFOGRAPHIC)

Vonage

Customer experience is the key differentiator, and by doing it well, organisations can drive the customer acquisition, retention and efficiency that make leading companies successful. Check out this infographic to discover the impact of poor customer service and then download our free research report for more info.

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The $62 billion customer service scared away [INFOGRAPHIC]

Vonage

New research from NewVoiceMedia offers a compelling view of the consequences of poor customer service in the U.S. businesses each year following bad customer experiences. Check out this infographic to discover the impact of poor customer service and then download our free research report for more info.

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Customer Survey Statistics: Everything You Need to Know

InMoment XI

For a $10 billion company, a modest shift in customer experience can result in $116 million reduction in churn and $103 million from word of mouth marketing. Source: Forrester ) 40% of customers start buying from a competitor because of their reputation for great customer service. Download the White Paper.

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The £11 billion customer service scared away [INFOGRAPHIC]

Vonage

New research from NewVoiceMedia offers a compelling view of the consequences of poor customer service in the UK. The results reveal that an estimated £11 billion is lost by UK businesses each year following a bad customer experience. How well do you understand your customer journey?

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40 Customer Retention Statistics You Need to Know

GetFeedback

One in three customers will pay more to receive a higher level of service. 66% of adults feel that valuing their time is the most important thing a company can do to provide them with good online customer experience. online adults shop more with retailers that offer consistent customer service both online and offline.

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Crash and Churn: survey reveals the customer service fails that cause attrition

TechSee

Some turnover must always be expected – that’s the nature of competition, after all – but a high churn rate due to substandard customer service is unacceptable, and often entirely avoidable. It’s interesting to note that 62% of these customers canceled after an ongoing negative experience, while only 19% left after a one-time crisis.

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How AI Text Analytics Enhances Customer Service: A Comprehensive Guide

Thematic

Ever felt frustrated after contacting customer service and getting no real help? Businesses today receive huge volumes of customer feedback—from emails and chats to surveys and reviews. Simply put, it’s about digging into unstructured feedback to uncover meaningful insights that improve customer service.