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40 Customer Retention Statistics You Need to Know

GetFeedback

Only slightly more than 10% of consumers are willing to stay on the line for over five minutes for customer service. ( Genesys ). Faced with poor customer service, 20% of consumers would complain publicly via social media. ( 42% of respondents have left a business due to poor customer service. (

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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.

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7 Proven Solutions to Address Customer Service Gaps

CSM Magazine

In a competitive market, stellar customer service stands as the cornerstone of a thriving business. As a matter of fact, 49% of customers have left a brand due to poor customer service , as revealed in a study back in 2021. Note that most of these customers were once very loyal to the brands they supported.

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100+ Customer Service Statistics & Facts of 2019

ProProfs Chat

We’ve compiled a list of 100+ customer service statistics and trends to help you provide delightful support experience. Latest Customer Experience Trends. What Customers Think of CX. Customers Communication Statistics. Poor Customer Service Experiences. Great Customer Service Statistics.

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Customer Service Lessons from The Best 22 Toons of The Shepard Letter

Customer Guru

Your customers might not want to come back to you. According to the RightNow research paper, 82% of customers leave because of the poor customer service they receive. In this blog, we have picked up some wonderful toons from the blog of CX expert and best-selling author, Shep Hyken.

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This Is How You Save On Customer Support

LiveChat

Research from American Express shows that 70% of customers are willing to pay a premium to do business with a company that offers great customer service. On the other hand, poor customer service can cost companies dear. So we agree that extraordinary customer service is expected, and not exceptional anymore.

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12 Customer Service Challenges Faced by Fast-Growing Industries

transcosmos Information Systems

As mentioned, technology has changed the way consumers expect to receive customer service support, and telcos are faced with fuming customers expecting always-available support and prompt solutions in different channels, particularly in social media. Lack of a well-design customer service support model.