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Customer retention in the telecom industry – new thinking

TechSee

With the telecommunications industry at saturation point, and with services largely commoditized, providers suffer from exceptionally high rates of churn. Accenture reports that 77% of consumers are no longer loyal to any particular brand, telcos must work harder than ever to retain their customer bases.

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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

Market Position and Brand Analysis: How do consumers perceive your competitors? The Importance of CRM Databases in Competitive Analysis Customer Relationship Management (CRM) databases are essential tools for storing and tracking customer information, interactions, and sales history.

Marketing 260
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Build Revenue with These Proven Customer Retention Strategies

Joe Rawlinson

The Pareto principle may date back to the 1800s, but it’s still relevant for the consumer marketplace today. Take a look at your most loyal customers. Forbes reports that most businesses find 20 percent of their most loyal customers actually make up 80 percent of their sales. Data-driven Strategies.

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Customer Support Trends Every Business Needs to Know

Stella Connect

This is just one key takeaway from Customer Service Trends for 2022: Preparing for the Future of Customer Service , a comprehensive report based on our customer service study of more than 2,100 consumers in the US and UK. 4 Critical Customer Support Trends and Why They Matter for Your Business.

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Crash and Churn: survey reveals the customer service fails that cause attrition

TechSee

The days of long-term customer brand loyalty to brands are over. Today, consumer stickiness is far more dependent upon people’s specific experiences and the level of service they receive. This underscores the fact that churn plagues all verticals and customer retention strategies are critical to almost every industry.

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Improve Customer Retention By 61% With Call Center Services

Magellan Solutions

Customers prefer phone calls over other medium to reach a business. Consumers call a customer service agent when they encounter service or product issues. People do more business with businesses that provides good customer service . Consumers prioritize speed to resolution. TALK TO US!

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40 Customer Retention Statistics You Need to Know

GetFeedback

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.