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Customer retention in the telecom industry – new thinking

TechSee

A recent study of the phenomenon of churn revealed that 39% of Americans who canceled a contract with a company in the past 24 months cited poor customer service as the primary reason. Churn in the telecom industry. To reduce churn and improve loyalty, telcos are utilizing a number of strategies: Loyalty programs.

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Seven technologies to improve customer service in SMBs

Vonage

Wireless and mobile. With an increasing number of devices able to connect to other devices or people independently, companies can monitor how customers are using their products, identify when they’re not using certain features and ‘proactively educate’ them. Social media.

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5 Top Customer Service Articles for the Week of November 5, 2018

ShepHyken

That is what will turn a good customer experience into a great customer experience. It Might Be Your Secret Customer Score by Khadeeja Safdar. WSJ) Retailers, wireless carriers and others crunch data to determine what shoppers are worth for the long term—and how well to treat them. On Hold for 45 Minutes?

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15 Best Customer Service Companies Leading the Charge in Customer Centricity

SurveySensum

Did you know that in 2024, 88% of customers think customer service is more important than ever? US companies lose an astounding $75 billion annually due to poor customer service. It’s not a small figure, and it paints a picture of just how much customer service is valued regarding business outcomes.

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How Customer Service Can Save Cable

Customers That Stick

The announcement will come as welcome news to many Comcast customers. In the last few years, Comcast has become the poster child for terrible customer service provided by a faceless corporation with captive customers. How long before someone figures out a wireless or other technology that makes cable the old tech?

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Customer Satisfaction Best Practices: Insights for Marketing Experts

SurveySensum

A company, despite investing heavily in marketing and advertising, struggles to retain its customer base and faces a decline in sales. Well, here’s a startling statistic to ponder: 82% of customers stop doing business with a company due to poor customer service. Sound familiar?

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When Customer Service Goes Bad, One Of These Reasons Is Likely Why

SaleMove

“Over 50% of customers we’ve surveyed are restless, skilled at shifting spend and intolerant of poor [customer-service] experiences,” said Forrester CMO Victor Milligan on a recent company podcast.