Futurelab

MARCH 20, 2022

It appeared on their site on January 25, 2022. Customer expectations were already changing before COVID-19, but the pandemic has amplified them and accelerated new expectations. The 2022 State of CX Report presents these findings. I originally wrote today’s post for Momentive.ai.

CX 130

CX Start-ups Customer Experience Customer Expectations 130

Shep Hyken

FEBRUARY 21, 2022

How to Use Content Marketing for Customer Retention and Loyalty by Express Computer. Express Computer) It is indeed an undeniable fact that customers that are happy and satisfied tend to stick around for long. The Value Gap a New Blueprint for Customer Expectations by Quinine. Follow on Twitter: @Hyken.

Customer Service 65

Customer Service Customer Retention Customer Satisfaction Construction 65

Win the Customer

SEPTEMBER 21, 2023

As we delve into the insights learned from customer experience trends, it’s evident that experience continues to be a driving force behind brand loyalty, customer retention, and ultimately, business success. This underscores the importance of leveraging data to deliver targeted and relevant content to individual customers.

Customer Experience 69

Customer Experience Social Media Omnichannel Customer Retention 69

Intercom

NOVEMBER 30, 2021

Adopting the right strategy will help you scale your personalized support without scaling your costs, which will have the knock-on effect of increasing your customer satisfaction (CSAT) and customer retention. It can also shift the outdated business perception of your support team from a “cost center” to a core value driver.

E-commerce 124

E-commerce Social Media Engineering Start-ups 124

VOZIQ

APRIL 5, 2022

Every month, we put together the best resources from around the web to help recurring revenue businesses navigate customer retention and experience challenges, and stay on top of the latest trends. Insurance Has a Customer Retention Problem. Customer expectations are evolving and retention is more challenging today.

Customer Retention 40

Customer Retention CX AI Customer Expectations 40

Fonolo

JANUARY 20, 2022

Our newest report, State of the Contact Center 2022 , reflects on the biggest happenings from the past year, so you can plan for the months ahead with confidence. Here are three contact center industry trends you shouldn’t ignore in 2022. Industry Report: State of the Contact Center 2022. Looking for the highlights?

Contact Center 81

Contact Center Omnichannel Social Media Retail 81

VOZIQ

NOVEMBER 2, 2022

Customers are being exposed to irresistible offers making their expectations spike up, even more so for subscription businesses. So, how do we not just meet but exceed customer expectations like never before? Here are some predictions, tips, and suggestions to understand customers better.

Customer Retention 40

Customer Retention Customer Acquisition Compliance AI 40

VOZIQ

NOVEMBER 1, 2022

Customers are being exposed to irresistible offers making their expectations spike up, even more so for subscription businesses. So, how do we not just meet but exceed customer expectations like never before? Here are some predictions, tips, and suggestions to understand customers better.

Customer Retention 40

Customer Retention Customer Acquisition Compliance AI 40

Intercom

JULY 25, 2022

The report Future-Proofing Businesses with Modern Customer Engagement reveals the top trends emerging in the customer engagement landscape in 2022 and beyond. Effective customer engagement holds the key to customer retention and loyalty. You may be wondering, “where do the biggest opportunities lie?”

Artificial Intelligence 104

Artificial Intelligence Outlook Machine Learning Manufacturing 104

Zendesk

SEPTEMBER 6, 2022

They’re drawn from the 2022 CX Accelerator report , which includes insights from nearly 5,000 customer service decision-makers around the world. 60% said customer service impacts customer retention. 49% said that customer service impacts cross-sell revenues. These insights aren’t mine alone.

Customer Retention 98

Customer Retention CX Transformation CX Sales 98

ClearAction

APRIL 13, 2023

The gap between what’s promised and what’s received, as seen by customers, is your brand integrity gap. CMOs set expectations for customer acquisition and CCOs assure expectations are delivered for customer retention. Minding the gap is the ultimate purpose of a CCO.

Customer Acquisition 62

Customer Acquisition Customer Retention CX Customer Loyalty 62

SugarCRM

MAY 5, 2022

In the face of growing customer demands, it’s not easy to keep your clients happy. Sugar’s new research 2022 CRM Impact Report surveyed sales and marketing decision-makers to explore customer satisfaction and retention issues. Maintaining customer retention is more sensitive (and challenging) than ever.

AI 49

AI CRM Touchpoint B2B 49

Beyond Philosophy

NOVEMBER 9, 2023

Why customer satisfaction is not improving on a large scale is complex and nuanced. It may result from rising customer expectations. I have long been an advocate of focusing on customer retention over acquisition. However, my pessimistic side is still surprised that few organizations focus on customer retention.

Customer Satisfaction 78

Customer Satisfaction Customer Retention Customer Acquisition Management Consulting 78

Zendesk

DECEMBER 8, 2021

When you create efficient systems for agents to tap into the expertise of employees across the company, it boosts customer satisfaction scores, agents’ abilities, and ultimately, revenue. Facilitating interdepartmental collaboration will likely be a top priority for companies in 2022. The ROI of good customer service.

Customer Service 98

Customer Service Social Media Artificial Intelligence Omnichannel 98

SurveySensum

FEBRUARY 9, 2024

In 2022, the global market research industry earned $82 billion in revenue. This information is essential for brands to develop and offer products and services aligning with customer expectations. This trust and loyalty help lead to repeat business, customer retention , and positive word-of-mouth.

Non-Profits 52

Non-Profits Finance Government Start-ups 52

Lumoa

NOVEMBER 17, 2022

Companies should aim to meet their customers’ expectations by continuing to fine-tune their customer experience (CX) programs. Here are the CX trends you can expect to see in 2023 and how to keep your e-commerce business on track with the evolution of CX. Customer service training for employees. trillion by 2025.

E-commerce 83

E-commerce Customer Experience Social Media AI 83

Zendesk

OCTOBER 31, 2022

Multilingual support is a must when serving an international customer base: 75 percent of consumers from 29 countries say they’re more likely to purchase from the same brand again if customer care is in their language. And the best virtual agents will do it flawlessly in whichever language you and your customers prefer.

AI 98

AI Start-ups CX Customer Retention 98

Hodusoft

AUGUST 16, 2023

percent on a year-on-year basis between 2017 and 2022. percent from 2022. Another study found that with 1,372 attacks per organization per week in 2022, the ISP/MSP industry registered a surge of 28 percent in cyberattacks! billion in 2022 to USD 85.14 percent from USD 20.19 billion by 2031.

Technology 52

Technology Technology Customer Retention Entertainment 52

Shep Hyken

MAY 30, 2022

The best companies have found the balance between digital and human, as they realize there is still a significant desire for human-to-human customer support. 5 Strategies for Increasing Customer Retention by Andrian Valeanu. Designmodo) Businesses go to great lengths to earn customers’ loyalty, especially in this digital age.

Customer Service 12

Customer Service Customer Retention Manufacturing Business Growth 12

Lumoa

JUNE 14, 2023

Its lean and straightforward formula for measuring customer contentment has made this metric a veritable “gold standard” in the customer experience space. According to CustomerGauge’s 2022 report , NPS sports an impressive 41% trust rating among B2B businesses – higher than any other rating system of its kind!

NPS 83

NPS Sentiment Analysis Start-ups Net Promoter Score 83

Shep Hyken

OCTOBER 17, 2022

For Incredible Results: Surprise and Delight Your Most Devoted Customers by Laura Bassett. CMS Wire) Who comes back for average customer experience? Every interaction with a customer is a loyalty test. Customers expect in-store service whether their journeys start in search, include a chatbot or end with an agent conversation.

Customer Service 12

Customer Service Customer Acquisition NPS Customer Expectations 12

VOZIQ

OCTOBER 3, 2022

Satisfied customers mean a successful business. With time, customer expectations have pivoted basic to personalization. There is, however, a fine line between personalizing customer service and overdoing it. Here are some articles that give you a glimpse of the shift in customer expectations and how to deal with it.

Customer Expectations 40

Customer Expectations AI CX Technology 40

VOZIQ

OCTOBER 3, 2022

Satisfied customers mean a successful business. With time, customer expectations have pivoted basic to personalization. There is, however, a fine line between personalizing customer service and overdoing it. Here are some articles that give you a glimpse of the shift in customer expectations and how to deal with it.

Customer Expectations 40

Customer Expectations AI CX Technology 40

Intercom

JULY 26, 2022

And the key to business resilience in 2022? Excellent customer experience. Recent research from Harvard Business Review Analytic Services reveals that 88% of survey respondents believe that customer engagement has a significant impact on their organization’s bottom line. Retention is an investment that keeps paying off.

Net Promoter Score 59

Net Promoter Score Customer Expectations Customer Retention Customer Experience 59

SugarCRM

MARCH 3, 2022

During uncertainty, it’s important to double down on the areas you can control and ensure your customer service and experience are as refined as possible. Many industries have seen their growth curtailed, and with that, customer retention becomes critical to survival. Those that fail to connect with their customers will not.

CRM 26

CRM Technology Technology CX 26

Intercom

MARCH 10, 2022

No matter how big or small their ask is, your customer receives an answer as quickly as possible and remains happy and loyal. Help your team, help your customers. Between rising customer expectations and “The Great Resignation”, leaders in this field will know the knock-on effect nurturing their own team has on customer success.

E-commerce 104

E-commerce Customer Experience Omnichannel Start-ups 104

Zendesk

OCTOBER 5, 2022

Since partnering with Zendesk, Qumu has turned its greatest weakness into its greatest strength and built a loyal customer base. The company has all-time high customer satisfaction (CSAT) scores , driven its customer retention rate to 90+ percent, and turned its customer support into a competitive differentiator. “We

Innovation 98

Innovation CX Omnichannel Predictive Analytics 98

Zendesk

MAY 17, 2022

Knowledge is power—especially when you’re looking to improve your customer experience. According to the Zendesk Customer Experience Trends Report 2022 , customer engagement is up 14 percent compared to last year. Improve customer retention and loyalty. When and how to use customer satisfaction score surveys.

Customer Satisfaction 98

Customer Satisfaction NPS Net Promoter Score Retail 98

Beyond Philosophy

APRIL 14, 2022

I read a fascinating report the other day from Zendesk called The Customer Experience (CX) Trends Report 2022. I saw a dichotomy between what people are saying and what they are doing regarding Customer Experiences (CX). 64% of business leaders say that customer service has a positive impact on the company’s growth .

Customer Satisfaction 78

Customer Satisfaction Contact Center Customer Acquisition CX 78

SugarCRM

SEPTEMBER 1, 2022

With the right technology and an engagement-driven mindset, companies can overcome the challenges of customer flight. In our 2022 CRM Impact Report , we speak to the path forward—how organizations can transform a state of churn concern into a nirvana of long-term customer retention. Customer Centricity.

CRM 26

CRM Artificial Intelligence AI Sales 26

Zendesk

OCTOBER 18, 2022

In today’s competitive landscape, companies need to connect with their audience if they want to stand out from the crowd, retain customers, and build loyalty. In the Zendesk Customer Experience Trends Report 2022 , 60 percent of companies stated that succeeding at wowing customers has improved their customer retention.

Social Media 98

Social Media Social Listening Customer Journey Map CX 98

SurveySensum

MAY 11, 2023

And it’s not just a temporary trend – even two years later, customers are still embracing the convenience of online shopping. Customer expectations have changed drastically, and businesses need to keep up if they want to stay competitive. Here are some examples of Retail Survey Questions you can ask customers.

NPS 52

NPS Retail Net Promoter Score Customer Satisfaction 52

1 to 1

JANUARY 31, 2022

Consider these stats from TTEC’s 2022 CX Trends Report : 90% of customers expect consistent interactions across channels. Customer retention rates are 90% higher for omnichannel vs. single channel brands. 51% of customers want businesses to be available 24/7.

Omnichannel 26

Omnichannel Customer Retention Customer Expectations CX 26

SurveySensum

JULY 4, 2023

The positive correlation between customer satisfaction and revenue growth is evident in Amazon’s financial performance. billion , representing a 9% growth compared to the same period in 2022. It’s important to recognize that the impact of customer satisfaction on revenue growth extends beyond Amazon.

Customer Satisfaction 52

Customer Satisfaction Social Media Touchpoint Customer Feedback 52

SurveySensum

JULY 4, 2023

The positive correlation between customer satisfaction and revenue growth is evident in Amazon’s financial performance. billion , representing a 9% growth compared to the same period in 2022. It’s important to recognize that the impact of customer satisfaction on revenue growth extends beyond Amazon.

Customer Satisfaction 52

Customer Satisfaction Social Media Touchpoint Customer Feedback 52

Comm100

DECEMBER 14, 2022

Benefits of customer experience automation. In 2022, businesses across sectors witnessed a 19% drop (the biggest ever) in customer experience quality.

Customer Experience 52

Customer Experience Net Promoter Score Non-Profits Artificial Intelligence 52

SugarCRM

DECEMBER 1, 2022

We’ve seen how Artificial Intelligence (AI), Virtual Reality (VR), and now the Metaverse enhance customer experiences and take them on journeys they have never been on before. Those embracing new customer experience technologies are excelling in customer retention rates. Embrace Artificial Intelligence (AI).

Artificial Intelligence 26

Artificial Intelligence Customer Experience CRM Sentiment Analysis 26