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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

For example, if you find that a competitor has high customer churn rates due to poor customer service, this isn’t just a point to mull over—it’s an actionable insight. Could your company fill this void with exceptional customer service and thereby win over disenchanted consumers?

Marketing 260
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7 Important Questions to Ask Customers for a Better Customer Experience

GetFeedback

businesses are losing $75 billion per year through poor customer service alone. Ensuring that you’re paying attention to the small things helps to increase consumer confidence and ultimately to provide a smoother customer experience. How could we have exceeded your expectations? According to one report , U.S.

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4 Technology Priorities for Enterprises Preparing for Economic Downturn

Bizagi

2 – Prioritize initiatives that keep existing customers happy. 90% of consumers have left a business because of poor customer service, reports Customer Think. The need for excellent customer experiences will only increase we enter a period of economic uncertainty.

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How Help Desk Software Increases Your Customer Support ROI

Help Scout

If you’re thinking about investing in customer support software, you’re probably wondering if the cost will pay off. Calculating the return on investment (ROI) of a new tool can be tricky. All this is great news for customer support as an industry. All of those disappointed customers equate to lost revenue.

ROI 40
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Customer Attrition: Essential Guide to Understand, Measure, and Prevent It

SmartKarrot

70 percent of the clients churn away from a company when faced with poor customer service. In SaaS industries, customer attrition is preferably the worst nightmare they want to steer away from. A larger customer base also gives you the buffer to yield when attrition does not take place. Poor Revenue and ROI.