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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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Five Proven Ways to Increase Your ROI, By the #1 Attraction on Trip Advisor

Beyond Philosophy

Here are five things they would have done differently to increase their ROI even more: 1. Embracing the emotional parts of the Customer Experience right from the start. Most businesses focus on the internal operations of the experience rather than looking at it from the Customer’s perspective. I couldn’t agree more.

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16 Ideas for Getting Started with Automated Alerts

ChurnZero

ChurnScore Variation – For simple awareness and to prompt further investigation, consider setting an alert for when your customer crosses into the red. Net Promoter Score – The score your customers give you can be very telling. Upcoming Webinar. Customer Success Around the Web.

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3 patient experience problems that can be tackled with CX solutions

Qualtrics

Many of the issues you face with patient experience may be solved with the same best-in-class customer experience (CX) principles used by the world’s most successful brands. Guest speaker Faith Adams, Senior Analyst from Forrester, discusses this in more detail in our recent webinar on modernizing the patient experience.

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How to Predict Customer Churn—And What to Do About It

Totango

Renewal decisions are made at any time during the customer journey and are the direct result of the customer experience. Research by Deloitte shows that personalized customer experience is now just as important to customer decision-making as speed of service and ROI. Ways to Predict Customer Churn.

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5 Keys to Effective Governance of Your CX Program

inmoment

That’s why it’s important for brands to sit down and define specific, concrete goals that they want to achieve through the power of customer experience. Think about what you want your organization to accomplish—could the company stand to improve its customer retention?

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Your Guide to Building a Career in Customer Success

Amity

There’s a lot that goes into effective Customer Success Management, but the end goal is always to guide the customer to achieve maximum ROI, in turn, preventing them from churning. Now that you know what Customer Success is, what do you need to be successful in the role? So, ready for this?