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40 Customer Retention Statistics You Need to Know

GetFeedback

Great customer experience is a major competitive advantage that drives new sales—and it’s predicted to overtake price and product as the primary brand differentiator for B2B sales by 2020. Customer retention statistics: More than 6 in 10 U.S. consumers say customer experience at most companies needs Improvement. (

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Best Practices for Meeting (and Exceeding) Customer Needs

Stella Connect

It’s the on-demand age, and delivering customer service with speed and convenience is a crucial factor driving business success today. . According to our research , both US and UK consumers rank response time as the #1 factor that matters the most when interacting with customer service. 1: Response time. #2:

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Amazing Business Radio: Scott Harris

ShepHyken

Top Takeaways: Scott Harris defines creating ‘wow’ as helping your customers always get more out of CX and going over and above in delivering for your customers. If you wait until the end of an interaction to survey your customers, you are essentially surveying the memory of an experience.

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Customer Service Week: A Time to Celebrate Customers AND Employees

ShepHyken

With that in mind, as this week approaches, now is a great time to ask an important question: What do customers want? Simply, customers want a good experience, and customer service plays a big part in that. It’s more than just the front line interacting with customers. It’s useful to know what to avoid.

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63 Incredible Customer Service Statistics [Infographic]

Ecrion

Experts agree that customer service expectations are on the rise. Every year, businesses lose billions in potential revenue thanks to one thing: poor customer service. Positive customer experiences, on the other hand, can help boost sales, retain customers and even bring in new ones. American Express.

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How to Engage Employees and Win Customers With Automation

Uniphore

With the COVID-19 pandemic forcing rapid digital transformation and the complexity of customer interactions on the rise, most companies recognize the need for new approaches. In fact, 65 percent of executives in a 2020 survey cited automation as a catalyst for modernizing legacy business practices.

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How Covid has Exacerbated the Customer Service Issue

Interactions

It’s impacted our ability to travel, have social interactions and, for most of us, redefined the way we work. On top of all of this, it has created countless customer experience challenges which many organizations have been unable to meet. Additionally, the rise of online shopping has also presented new customer experience challenges.