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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

In today’s cut-throat market, differentiating your brand is more important than ever. Competitive analysis offers you this lens. This article will walk you through how to conduct an effective competitive analysis, interpret the results, and turn those insights into actionable strategies.

Marketing 260
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What Is Brand Perception, How to Measure It & 4 Examples

BirdEye

What’s the first thing that comes to mind when someone mentions your brand name? Today’s marketplace is competitive and transparent, so managing brand perception isn't just important - it's imperative. The stakes are high, with 91% of customers admitting they'd switch to a competitor following a poor customer experience.

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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. of consumers are brand loyal because they love the product.

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The Importance of Customer Service in Business Success

CSM Magazine

Providing exceptional customer service is critical in building long-term relationships with customers and gaining their loyalty. In today’s competitive market, businesses that prioritize customer service have a competitive advantage over those that don’t.

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The Three Leading Causes of Customer Churn

Retently

53% of all causes of customer churn are due to these 3 leading causes. Poor Onboarding – results in 23% of average customer churn. This is when customers are excited to learn more about your offering and put effort into it to make it work towards their goal. . Impact of customer experience on loyalty, source: Qualtrics.

E-support 148
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What Customer Service Leaders Should be Prioritizing in 2022

Stella Connect

The new key performance indicator for businesses of all sizes and industries is customer experience, and that’s why meeting customer expectations and needs is more important than ever. Brands that fail to do so risk losing half of their customers or more, when poor experiences arise, according to our research.

2022 52
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Choosing the Right Contact Center for Your Business: Key Factors to Consider

Call Experts

A satisfied customer is more likely to become an advocate for your brand. Boosting Brand Reputation A well-handled customer inquiry or complaint can turn a near-harmful experience into a positive one. Gaining Competitive Advantage In a crowded marketplace, exceptional customer service can be a crucial differentiator.