Remove Business Growth Remove Customer Expectations Remove Customer Retention Remove Customer Service
article thumbnail

9 Strategies to Improve Customer Retention Rate in 2023

SurveySensum

This strategic move resulted in doubling their business, showcasing the power of leveraging customer retention to drive growth. Well, acquiring new customers can costs you five times more than keeping the ones you have. So, customer retention is indeed crucial. What is the Customer Retention Rate?

article thumbnail

10 Powerful Customer Retention Strategies to Reduce Churn

Aquire

Does your business focus more on customer acquisition or customer retention? The most common answer is acquisition but the focus should be on retention. With the right customer retention strategies, you can ensure steady revenue and avoid losing market share to competitors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

2022: The year of customer service-led growth

Zendesk

It’s clear that consumer expectations have continued to increase and they are less willing to put up with frustrating experiences. This is likely something your customer service team observes, but it may not be as clear to those with budget authority. Customers expect better service, and reward companies that meet expectations.

article thumbnail

Customer service plan template, tips + how-to guide

Zendesk

The right customer service plan is like the Infinity Gauntlet in the Marvel Universe. Similarly, a customer service plan captures and displays the crucial elements of customer service in a living document. The plan gives your business a blueprint to achieve your customer service goals.

article thumbnail

The future of support: 5 key trends that will shape customer care in 2021

Intercom, Inc.

As support teams look to the year ahead, there’s no shortage of priorities to juggle – from team efficiency, to customer experience, to business impact. Customer expectations are on the rise and, at the same time, all parts of the business are facing increased pressure to operate more efficiently and at lower cost.

article thumbnail

Books on Customer Growth That Are a Must Read

VOZIQ

However, in order to win fan customers and increase these numbers, a complete rethinking of customer relationship management and a departure from the customary key performance indicators is necessary. This book delves into the importance of customer satisfaction and loyalty in building a successful business.

article thumbnail

Good-enough service isn’t good enough: 3 strategies to remain competitive

Zendesk

The service landscape may be stark, but we can’t stop making CX a priority and investing in areas where the impact can influence business growth. They’re drawn from the 2022 CX Accelerator report , which includes insights from nearly 5,000 customer service decision-makers around the world. gated-cta-in-post].