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What Are the Benefits of Customer Retention?

Confirmit

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.

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Breaking Down the Ultimate Question – NPS

ChurnZero

Breaking Down the Ultimate Question – NPS (Net Promoter Score). First, let’s start with the very basics- what is a Net Promoter Score ? Net Promoter Score was first developed by Fred Reichheld, Bain & Company and Satmetrix in 2003. Upcoming Webinar. Calculating Loyalty.

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What is CEM Software?

Confirmit

CEM software is usually composed of solutions that enable companies to: Collect feedback from customers, through a variety of channels. Take action on the insights to improve customer experiences and drive business change. It does so by tracking leads, maintaining contact records, engaging with prospects and customers, etc.

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What is CEM Software?

Confirmit

CEM software is usually composed of solutions that enable companies to: Collect feedback from customers, through a variety of channels. Take action on the insights to improve customer experiences and drive business change. It does so by tracking leads, maintaining contact records, engaging with prospects and customers, etc.

CEM 40
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6 Things Every CEO Should Know about Customer Service

Tricia Morris

But according to the same report, after a positive customer experience, 69% of consumers would recommend the company to others and 50% would use the business more frequently. A Bain & Company report shows that a 5% increase in customer retention can increase profits by 25% to 95%.

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The crucial nuance behind seven top Customer Success metrics for SaaS companies

ChurnZero

That’s according to a landmark webinar we hosted last fall titled, “A Crash Course in Customer Success and SaaS Metrics” with Dave Kellogg and You Mon Tsang. That webinar was – and continues to be – wildly popular because it explores the nuance behind Customer Success metrics.

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The crucial nuance behind seven top Customer Success metrics for SaaS companies

ChurnZero

Some Customer Success metrics are considered standard but there’s often more than meets the eye. That’s according to a landmark webinar we hosted last fall titled, “A Crash Course in Customer Success and SaaS Metrics” with Dave Kellogg and You Mon Tsang. You Mon is an seasoned entrepreneur and the founder and CEO of ChurnZero.

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