Lumoa
NOVEMBER 17, 2022
The evolution of customer experience in e-commerce has grown exponentially since the pandemic making customer experience more important than ever. Customers search for easy shopping solutions on clear, engaging websites. E-commerce sales are now projected to reach $7.4 trillion by 2025. Key Takeaways.
Ecrion
JULY 22, 2019
Every year, businesses lose over $75 billion in potential revenue thanks to one thing: poor customer service. And while studies show that about 1 out of every 26 customers complain about poor customer service, over 90% of those dissatisfied customers simply stop working with your business — and never come back.
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SurveySparrow
FEBRUARY 27, 2021
A sudden loss of transactions( Commonly observed in retail stores and e-commerce ). Terminating a long term Service Agreement. Businesses infer that a customer has churned when they have not interacted with or purchased their services/products after a period of time. Poor Customer Service.
Bold360
OCTOBER 20, 2016
Losing sight of existing customers in the hopes of attracting new ones is like starting the race over from scratch when you’re already moving at 120MPH. Not only that, but it will cost you dearly, when customer acquisition uses on average 7x as much of your budget as customer retention does.
Ecrion
SEPTEMBER 23, 2020
Experts agree that customer service expectations are on the rise. Every year, businesses lose billions in potential revenue thanks to one thing: poor customer service. Positive customer experiences, on the other hand, can help boost sales, retain customers and even bring in new ones.
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