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Are You Using 1999 Metrics to Measure 2019 Customer Care?

BlueOcean

With that in mind, it’s clear that the quality of your customer experience is directly correlated with Lifetime Customer Value. (We We discussed the LCV metric in more depth in our recent blog post, The True Cost of Losing a Customer.). Data is the GPS Mapping Your Customer Experience.

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The Complete Retail Customer Experience Guide

InMoment XI

Why is the Retail Customer Experience Important The retail customer experience has become increasingly significant in the success and sustainability of any business operating in the modern marketplace. Consumers can quickly become lifetime customers and brand advocates when they have continuous positive experiences with a brand.

Retail 195
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Measuring Customer Service Performance: Lifetime Customer Value

CSM Magazine

Otherwise, you risk turning healthy customer retention rates into customer turnover turmoil, and ultimately reducing the lifetime value of your customer base. Can Any One Contact Center KPI Boost Customer Lifespan? It’s the simple question that gets to the heart of where you stand with customers.

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Validating Your Outsourced Customer Care Partnership: Is Your Incumbent “Still the One”?

BlueOcean

Great companies are regularly assessing the ongoing value of their partnerships – but how do you measure the true value your contact center outsourcer is delivering? Let’s face it: Contact center metrics that measure customer service as if it’s some kind of race (think Average Handle Time) are frankly table stakes.

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10 Things Every SaaS Business Should Know About Net Promoter Score

Wootric CX Blog

So you’ve been reading up on Net Promoter Score. Your colleagues in the SaaS world tell you that it’s the best way to take your customers’ pulse. You’ve seen a few case studies claiming it’s the only number you need to measure. One of our SaaS customers has two unique user types — restaurant owners and the wait staff.

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Customer Success and Upsells: How to Make the Most of Opportunities

Totango

The renewal and upsell phases of your customer success journey should be a discussion rather than a last-minute effort to generate additional revenue. If you know your customer’s business, you should be able to offer relevant advice on its growth. All you have to do is focus your upselling efforts on the top performers.

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How to Calculate Your Customer Renewal Rate

Totango

As such, being able to accurately calculate your renewal rate gives you insight into your customer success team’s performance. Customer expectations are higher than ever, and if you can’t deliver lifetime customer value, then a relationship you’ve worked hard to build may just end in churn. They need to cut costs.

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