Confirmit

OCTOBER 18, 2018

What Is Customer Retention? Customer retention refers to an organization’s processes and activities that aim at stopping customers from churning or switching to a competitor. Increasing customer loyalty is a key goal of any business, and contributes greatly towards sustainable growth.

Customer Retention 45

Customer Retention Multi-Channel Net Promoter Score Return on Investment 45

BirdEye

MARCH 24, 2023

This is a secret weapon that leading businesses use to transform satisfied customers into repeat businesses and zero-cost brand ambassadors. The following are a few tips to encourage referrals: Create a customer loyalty program. Stay in touch with existing customers post-sale to nurture relationships.

2023 98

2023 Return on Investment Social Media Sales 98

SmartKarrot

NOVEMBER 6, 2020

Collaborate with Client Experience in local client communication needs and advocacy/loyalty programs (including events, webinars, newsletters, etc.). Be an expert on system functions and features to become a strategic advisor for clients, continuously driving product value and ROI.

Customer Success 8

Customer Success ROI Loyalty Programs Webinar 8

BirdEye

DECEMBER 8, 2023

By regularly sharing content and promotions and interacting with your audience, you stay top-of-mind when customers need carpet cleaning services. This can increase brand recognition, customer retention, and business growth. This precision enhances the effectiveness of your marketing for carpet cleaners, driving the ROI.

Marketing 58

Marketing Social Media Advertising B2B 58

SurveySparrow

MARCH 29, 2023

Hold the buyer’s attention with the help of podcasts and webinars. So the onus is on the eCommerce store to keep their existing customers satisfied. In fact, a sale is the beginning of the customer experience process. The objective should be to maximize your ROI from the customer. Create videos that tell a story.

Customer Journey 52

Customer Journey 2023 Customer Journey Mapping Touchpoint 52

SurveySensum

SEPTEMBER 8, 2023

NPS cuts cost of customer acquisition: According to the research done by Frederick Reichheld of Bain & Company (the inventor of NPS) increasing customer retention rates by 5% increases profits by 25% to 95%. NPS increases customer loyalty: According to the 2017 Temkin research , promoters are 4.2

NPS 52

NPS ROI Social Media Banking 52

Thematic

NOVEMBER 13, 2018

In addition, with a well-implemented VOC program, you can better retain your customers – think higher customer loyalty scores, less churn, and a higher customer lifetime value, thanks to repeat purchases. This section is courtesy of our webinar with Lynn Hunsaker.

Voice of Customer 101

Voice of Customer Net Promoter Score ROI NPS 101