InMoment XI

SEPTEMBER 12, 2023

With an abundance of specialized tools at your disposal, competitive analysis has entered a new era—one deeply anchored in data-driven methodologies. When used in competitive analysis, these databases can help you understand how your competitors are succeeding in areas like customer retention and loyalty programs.

Marketing 260

Marketing Competitive Advantage Return on Investment Poor Customer Service 260

GetFeedback

DECEMBER 21, 2018

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. 42% of respondents have left a business due to poor customer service. (

Customer Retention 390

Customer Retention Net Promoter Score Poor Customer Service B2B 390

CSM Magazine

FEBRUARY 24, 2023

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.

Customer Service 52

Customer Service Exceptional Customer Service Multi-Channel Competitive Advantage 52

Stella Connect

NOVEMBER 23, 2021

Here are the key insights we uncovered and our top predictions for what customer service leaders should be prioritizing in 2022 and beyond. 6 Key Customer Service Priorities for 2022. #1: 1: Measuring Real-Time Customer Experience. 5: Addressing Negative Customer Feedback .

2022 52

2022 Customer Service Net Promoter Score Effort Score 52

Retently

MARCH 10, 2022

The other causes of customer churn lie in different stages of your customer’s relationship with you. To combat these areas, you need to influence the Customer Attraction, Engagement, Trial, and Conversion stages of your customer relationship. Create a customer-centric culture.

E-support 148

E-support Poor Customer Service Customer Success Customers 148

SurveySensum

JUNE 29, 2023

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? Not only this. And guess what?

Customer Satisfaction 52

Customer Satisfaction Insights Marketing Exceptional Customer Service 52

ijgolding

APRIL 21, 2015

These Days, it’s All About Competitive Advantage. Customers are more demanding, products are often cloned or imitated and markets have become “commoditised.” 70% of consumers are willing to spend an average of 13% more with companies providing excellent customer service. PART 2: What’s Your Competitive Advantage?

B2B 53

B2B Competitive Advantage Customer Relationships Document 53