Totango

MARCH 5, 2021

Customer retention is the lifeblood of any savvy enterprise. It’s the only way to be successful in this customer-centered economy and ensure scalable long-term revenue. To retain customers, companies must make the customer experience better and ensure customers never stop seeing value from their product or service.

Customer Retention 88

Customer Retention Net Promoter Score Measurement Loyalty Programs 88

Totango

JANUARY 26, 2021

Read on to learn what churn is, how an attrition analysis can help you pinpoint why you’re losing customers, and what steps you can take to prevent customer churn. What Is Churn Rate and How Does It Relate to Customer Retention? Escalation stage: Slow response time or weak communication to a support request.

Customer Retention 91

Customer Retention E-support Customers Customer Expectations 91

Totango

JUNE 30, 2020

Communication during a crisis is about protecting your core asset, your customers. The digital transformation of business has shifted enterprise focus toward customer retention and the pursuit of long-term value. Retaining those customers will require efficient, high-value communication between you and your customers.

Communication 127

Communication Webinar Metrics Customer Retention 127

Comm100

FEBRUARY 6, 2023

Institutions will be looking to humanize their digital experience to increase customer satisfaction and build loyalty in 2023. This will enable you to track the customer journey and behaviour more efficiently. It also allows you to create a more customer-focused experience. First, customers want it.

Financial 80

Financial 2023 Blog Customer Experience 80

Totango

OCTOBER 8, 2020

Customer retention is the continuation of a valued service. In B2B terms, it is still possible to maintain your customer relationship and even improve customer retention during uncertainty, but you will need to focus on five key steps: Understand Your Customer. Listen to Your Voice of Customer Programs.

Customer Retention 63

Customer Retention Customer Success B2B Customers 63

Totango

FEBRUARY 10, 2021

When your customers enjoy more value, your product adoption rates rise and customer retention rates go up. This promotes success for your company as well as your customers. Set success goals for each stage of your customer journey map. Segment your customer database for personalized communications.

Customer Retention 87

Customer Retention Customer Success Customer Journey Mapping Customer Journey 87

inQuba

JULY 3, 2022

Why deep customer insight is at the heart of better experiences & revenue growth. Customer Journey Management is the process of discovering and optimizing your customers’ journeys, to improve customer experience and achieve positive business outcomes. What is Customer Journey Analytics?

Customer Journey 52

Customer Journey Multi-Channel Touchpoint Customer Journey Mapping 52

Totango

MAY 5, 2020

These businesses will be well-situated to speak to, lead, and ultimately retain customers through customer retention strategies in B2B like the following: Re-evaluate Current Digital Engagement Strategy Make Use of Key Engagement Metrics Personalize Communication Foster Lasting Relationships.

Customer Retention 62

Customer Retention B2B 2020 Multi-Channel 62

ShepHyken

APRIL 5, 2019

These virtual customer experience tools are transforming the way that companies interact with their customers in the contact center environment. When used correctly, chatbots have the power to enhance marketing, sales, customer retention and more. Personalizing the Customer Experience.

Blog 115

Blog Customer Experience Contact Center Customer Journey 115

CX Journey

DECEMBER 16, 2014

Want to know the secret to customer retention? I do sometimes find inspiration to write about both customer and employee experiences in the strangest ways, but that story got me thinking about this blog post that I needed to write about customer retention and how to keep customers coming back.

Customer Retention 83

Customer Retention Advertising Metrics 2014 83

Ecrion

MARCH 24, 2021

Why Customer Communicating Is Important | Why Eliminate Weak Communication |. 13 Ways to Improve Customer Communication in Business. As business continues to grow and adapt to the challenges of a post-2020 world, so too does the landscape of how to reach your customers effectively. talk to an expert today.

Communication 52

Communication Social Media Customers Sales 52

Comm100

OCTOBER 8, 2016

Your customer retention is super important to your bottom line—after all, customer loyalty is well-known for being more valuable than customer acquisition. With stakes this high, it’s essential that you build a solid customer retention plan that can lead to long-term customer loyalty.

Customer Retention 60

Customer Retention Loyalty Loyalty Programs Social Media 60

Totango

MAY 6, 2021

What is customer retention ? We’ll discuss what customer retention means as a concept, as a strategy and as a metric. And we’ll offer an eight-step path to increasing customer retention by following best practices and leveraging the power of automation. What Is Customer Retention?

Customer Retention 75

Customer Retention Net Promoter Score Customer Journey Reference 75

BirdEye

JULY 5, 2023

However, constantly acquiring new customers without investing in strategies to retain them can prove quite harmful to the bottom line. To first time customers turn into loyal customer, it is important to invest in building relationships with them. This blog helps you grow your business with relationship marketing.

Marketing 98

Marketing Social Media Loyalty Programs Customer Retention 98

BirdEye

AUGUST 29, 2023

Satisfied customers grow brand loyalty, boost word-of-mouth recommendations, and significantly boost a business’s growth. But, keeping customers happy is becoming challenging in the constantly evolving competitive business landscape. Better your Business with Customer Feedback Want to see the impact of Birdeye on your business?

Customer Satisfaction 98

Customer Satisfaction Social Media Omnichannel Net Promoter Score 98

Totango

JUNE 15, 2022

We’ve been here before, however, and we know that during uncertain times, protecting your customer base is the most important thing you can do for your business. Customer retention is the lifeblood of recurring revenue enterprises, no matter what the external economic circumstances may be. Focus Your Resources on What Matters.

Customer Success 104

Customer Success Customer Relationships Communication Customer Retention 104

BlueOcean

OCTOBER 4, 2023

Things like lifetime customer value/cost of customer churn come into play beyond the straight dollar-for-dollar cost of an agent hour. Your customers expect the same brand experience they have at every other moment in their journey—your website, your storefront, your marketing.

Contact Center 310

Contact Center Customer Care Average Handle Time Consumers 310

CustomerSuccessBox

DECEMBER 4, 2018

That means the customer needs to renew their contract more than once. Without a high customer retention rate, a SaaS company will shut down, no matter how great the other metrics are. You may believe that if the customer does not have any problem, the customer will renew the contract.

Customer Retention 40

Customer Retention Customer Success Metrics Presentation 40

Totango

SEPTEMBER 13, 2022

A customer success playbook is a set of best practices, key performance indicators, workflows, templates, and monitoring tools designed to ensure that clients achieve desired outcomes from using your product at each stage of their customer journey. Developing Playbooks for Your Customer Journey and Individual Customers.

Customer Success 89

Customer Success Customer Journey Customers Customer Retention 89

Totango

JULY 8, 2022

But in fact, you should be investing now more than ever in customer success. In order to protect your core business, which is your current customer base, you need to be making the necessary changes to keep up with delivery and communication of value to your customers. It’s time to “shift right.”.

Customer Journey 106

Customer Journey Customer Retention Touchpoint Demo 106

ClientSuccess

DECEMBER 5, 2022

. • Increase customer satisfaction, retention, and loyalty. Receive invaluable customer feedback on products, services, and strategies. Gain insights into customer needs in order to develop better offerings. Improve communication between customers and the company. finding and managing a core customer base.

Customer Success 87

Customer Success Social Media Customer Journey Feedback 87

Totango

JUNE 28, 2022

The primary mission of a Chief Marketing Officer (CMO) is to foster growth, attract new leads, and increase sales by effectively communicating the value the company’s products and services can provide. The key to retaining your customers during market uncertainty is to help them see the value they’re experiencing from using your product.

Return on Investment 75

Return on Investment Competitive Advantage ROI Communication 75

Daniel Group

MARCH 3, 2021

Are you ready to give customers what they want from you? This blog is the first of a four-part series that focuses on this question. We do this by gathering information by surveying our clients’ customers. Practice mapping out the customer journey. Customers appreciate communication.

Net Promoter Score 126

Net Promoter Score NPS B2B Feedback 126

GetFeedback

DECEMBER 21, 2018

Learn about the top two customer surveys for predicting and increasing customer retention. Anytime a customer cuts ties, you experience the negative impact of customer churn. Here are 40 customer retention statistics that reinforce the growing need for customer experience management.

Customer Retention 390

Customer Retention Net Promoter Score Poor Customer Service B2B 390

Totango

SEPTEMBER 6, 2022

For SaaS providers and customer success teams, this creates several benefits, including: Building customer relationships. Raising customers’ awareness of the value they’re already receiving from your product. Clarifying communication about customers’ values, goals, and satisfaction with product performance.

Events 109

Events Customer Success Measurement Customer Journey 109

ClientSuccess

SEPTEMBER 26, 2019

By communicating with customers in a way that resonates with them specifically will help you earn their respect throughout the customer journey. eBook: The Ultimate Guide to SaaS Customer Success Metrics. The post 5 Effective Customer Retention Tips to Implement appeared first on ClientSuccess.

Customer Retention 49

Customer Retention Net Promoter Score Metrics Customer Success 49

BirdEye

OCTOBER 11, 2023

And that is why it is time to understand the factors contributing to customer experience in the insurance industry. This blog post explores the importance and methods of delivering an exceptional customer experience to your clients. Clients expect insurance companies to abandon archaic systems and methods of communication.

Insurance 109

Insurance Customer Experience Social Media Omnichannel 109

Kustomer

JUNE 7, 2023

Customers want to feel financially confident, including having trust in their financial institutions to work in their best interests, and they expect service to be streamlined and personalized. Although they are not in direct communication, these indirect experiences build an overall perception of the organization.

Financial 98

Financial Banking Social Media Customer Satisfaction 98

SurveySensum

JUNE 29, 2023

In a world where customer expectations are soaring, it’s essential to go beyond conventional marketing techniques and delve into the realm of customer satisfaction best practices. In this blog, we will explore 5 data-driven insights that successful marketing experts use to create remarkable customer experiences.

Customer Satisfaction 52

Customer Satisfaction Insights Marketing Exceptional Customer Service 52

Totango

FEBRUARY 11, 2022

B2B customer experience consists of the total set of thoughts, emotions, and behaviors that B2B clients undergo when interacting with your brand. This encompasses interactions with your brand during all stages of their customer journey , including before purchase, during the buying process, and after making a purchase.

B2B 111

B2B Customer Experience B2C Net Promoter Score 111

Totango

MAY 11, 2021

Stakeholder engagement and management is critical for customer retention. Match communication strategies to stakeholder roles. Identify stakeholder preferred communication channels. Personalize automated communication. Match Communication Strategies to Stakeholder Roles. Analyze key stakeholder motivation.

Engagement 87

Engagement Management Net Promoter Score Customer Journey Mapping 87

SurveySensum

JULY 11, 2023

Here’s how you can do it – Collect relevant customer data to understand their preferences and needs. Segment your customer base based on common characteristics or behaviors. Use customer persona to deliver personalized recommendations and offers. Tailor communication and messaging based on individual customer preferences.

Brands 83

Brands Customer Experience Rewards Programs Touchpoint 83

Totango

APRIL 6, 2023

To survive this tough “do more with less” climate, companies are turning to their customer success (CS) teams to ramp up their customer retention and expansion efforts. While CS is poised to be in the driver’s seat for retention and expansion, we believe that everyone across the enterprise plays a role in customer success.

Innovation 88

Innovation 2023 Customer Success Sales 88

Totango

JUNE 30, 2021

Knowing how to boost product adoption after onboarding is critical for customer retention. Onboarding is a crucial time to provide the training and resources that customers need to make the most out of your product. During the onboarding stage, your customer is getting set up so they can begin deriving value from your product.

Customer Retention 98

Customer Retention Metrics Customer Success Communication 98

PeopleMetrics

FEBRUARY 25, 2022

Customer experience (CX) has become an essential cornerstone of modern business strategy. It helps you improve customer retention rates, efficiently focus on your highest-impact customers, and continually improve your services. But what is customer experience? What is customer experience management?

Customer Experience 71

Customer Experience Net Promoter Score Touchpoint Customer Journey Mapping 71

SurveySensum

OCTOBER 20, 2023

In this blog, we’ll uncover how the feedback loop seamlessly addresses these questions and explore how a feedback-centric approach can propel your product’s success. Improving Purchase Experience: Customers with positive experiences are 140% more likely to spend compared to those with negative ones.

Feedback 52

Feedback Social Media Customer Retention Customer Satisfaction 52

SurveySensum

NOVEMBER 8, 2023

A survey conducted by TELUS International revealed that 65% of customers anticipate­ some level of CX automation in their customer journey. By adopting CX automation, businesses can enhance employee satisfaction, foster customer loyalty, reduce expenses, and drive revenue growth.

Customer Experience 52

Customer Experience NPS Customer Satisfaction Social Media 52