Execs In The Know

MARCH 13, 2023

.” All departments must be aligned on customer success Customer retention is as important, if not more important, than customer acquisition Feedback fromcustomers is a driving factor in business decisions Data and tools are used to understand customer intent, needs and wants Proactive support is an ongoing investment Data Fuels Actionable Insights (..)

Transportation 88

Transportation Non-Profits Sports Hospitality 88

Intercom, Inc.

JUNE 14, 2022

With a holistic view of a customer’s engagement with your company, you can provide tailored service at each stage in their journey. . Basic: The basic stage is where storytelling begins.

Customer Relationship Management 118

Customer Relationship Management Customer Relationship CRM Social Media 118

SugarCRM

APRIL 28, 2022

Customer acquisition is costly. It makes sense to keep your existing customers happy as the cost of churn is so high. New research from SugarCRM reveals that almost two-thirds (63%) of sales and marketing leaders agree that keeping existing customers is more cost-effective than closing a new deal.

Artificial Intelligence 49

Artificial Intelligence CX Finance Customer Acquisition 49

PeopleMetrics

DECEMBER 12, 2017

These systems capture customer data from disparate information silos such as emails, ERP systems, and business intelligence tools to provide analytics around sales cycles, marketing campaigns, customer acquisition strategies, etc.

CEM 84

CEM CRM Customer Relationship Management VOC 84

Zendesk

OCTOBER 11, 2021

These metrics can usually show how CX teams are doing in aggregate and directionally, but fall short in giving actionable insights that CX leaders can use to improve processes and performance. Customer lifetime value (CLTV) gives CX leaders a sense of how loyal a customer is to the brand and is a good proxy for brand loyalty.

Scorecard 98

Scorecard Net Promoter Score CX NPS 98

SugarCRM

FEBRUARY 9, 2023

Customer lifetime value (CLV) indicates the profitability of your company. A growing customer CLV—entailing a low churn rate—means that customers are happy with your collaboration. Customer acquisition cost (CAC). But this formula doesn’t consider customer acquisition.

Net Promoter Score 26

Net Promoter Score Customer Acquisition Outlook Customer Retention 26

Comm100

FEBRUARY 10, 2022

So, if you’re eager to unlock the secrets of personalizing customer service , this article will help you strategize your own personalization framework and deliver memorable customer experiences. Why does personalized customer service matter? – It earns you loyal customers and boosts retention.

Customer Service 52

Customer Service Social Media Omnichannel Customer Acquisition 52

SurveySensum

OCTOBER 26, 2023

When customers are loyal, they not only come back for repeat business but can also become brand advocates, bringing in new customers through positive word-of-mouth. Customer loyalty helps in establishing a solid customer base, increasing customer lifetime value, and reducing customer acquisition costs.

Customer Satisfaction 52

Customer Satisfaction Net Promoter Score Social Media Customer Loyalty 52

SurveySensum

SEPTEMBER 8, 2023

NPS drives revenue growth: In 2005, the London School of Economics conducted a study on customer advocacy as business growth. 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 52

NPS Social Media Customer Satisfaction Customer Loyalty 52

C3Centricity

AUGUST 17, 2020

In surveying more than 560 global brand managers and CMOs, the analysis concludes that new customer acquisition (75%) and social media engagement (72%) are the two primary ways they determine the success of their brand marketing efforts. However, there is still a lot of room for improvement.

Social Media 63

Social Media Retail B2C Customer Acquisition 63

SugarCRM

NOVEMBER 19, 2019

However, you can streamline all your interactions with the customers on social media via Sugar Market. Allowing you to schedule posts, manage accounts and track brand performance, Sugar Market will enable you to boost engagement and accelerate customer acquisition. Create Custom Surveys – Fast.

Social Media 20

Social Media CRM Touchpoint Actionable Insights 20

C3Centricity

DECEMBER 3, 2018

OnBrand Magazine study) In surveying more than 560 global brand managers and CMOs, the analysis concludes that new customer acquisition (75%) and social media engagement (72%) are the two primary ways they use to determine the success of their brand marketing efforts. However, there is still a lot of room for improvement.

Social Media 59

Social Media Start-ups CRM B2C 59

Aquire

JANUARY 26, 2022

But if you don’t turn them into actionable insights, they’ll just end up sitting around collecting (metaphorical) dust. By keeping these KPIs top of mind, you can make instant adjustments to tangibly improve your bottom line — all based on real insights, not instinct or intuition. . Customer acquisition cost (CAC).

Social Media 52

Social Media NPS Net Promoter Score Retail 52

SurveySensum

MAY 19, 2023

By constantly improving the NPS score, banks can ensure strong customer loyalty, leading to customer acquisition and increased revenue. Use an omnichannel approach to reach your customers where they prefer to engage. This can lead to delays in addressing customer concerns, which could be damaging.

NPS 52

NPS Net Promoter Score Customer Loyalty Close the Loop 52

SurveySensum

JULY 13, 2023

” This way, you not only identify the issue but also get actionable insights from your customers in improving overall CX. Want to Improve Your Retail Customer Experiences? Let’s answer this question!

Retail 52

Retail Customer Experience Touchpoint Social Media 52

SurveySensum

JULY 13, 2023

” This way, you not only identify the issue but also get actionable insights from your customers in improving overall CX. Want to Improve Your Retail Customer Experiences? Let’s answer this question!

Retail 52

Retail Customer Experience Touchpoint Social Media 52