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Drive retention from customer support with 4 easy steps

Intercom

That’s why companies should look to support – and retain – the customers they have. Shifting focus to customer retention can actually be twice as powerful as customer acquisition. While a 1% increase in acquisition might boost your bottom line by about 3% , a 1% decrease in churn can boost it by 7% !

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4 Gold CX Metrics for CX Leaders

ClearAction

Right the First Time leads to Freed-up Resources, which reduces Customer Acquisition Costs, Customer Service Value costs, and Customer Retention costs (Customer Health Score), which lead to Margin Expansion. Why should any strategy be out of sync with customers’ well-being?

CX 62
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How to Identify At-Risk Customers and What to Do About it

Totango

In a customer-centered economy, where a lot of revenue growth occurs within the established customer base, churn is a big problem. Customers grow more valuable over time, so you must keep them happy and interested in renewing. When this happens, you’ll need to salvage the relationship, fast.

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Understanding customer lifecycle management

Zendesk

Perhaps your customer learned about your company through a social media post, an advertisement, or a reference from a friend. The next step for these potential customers is to consider a purchase. That valuable data can be used to inform future marketing efforts as well as fine-tune the customer experience. Consideration.

CRM 52
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11 Actionable Insights for Exceptional SaaS Customer Experience

SurveySensum

A positive SaaS experience facilitated by cutting-edge SaaS feedback software leads to satisfied, loyal customers who not only stay but also become your advocates. These satisfied users aka promoters enthusiastically recommend your software to others, driving customer acquisition for your business. It is a lot, right?

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Improving Customer Experience in Banking: 7 Promising Trends

PeopleMetrics

What is customer experience in banking? Customer experience encompasses all of the touchpoints a business has with a customer that form the customer’s overall impression and feelings towards that business. Customers enjoy sharing their opinions about a variety of topics these days, banking included.

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New at Intercom uncut: Watch our entire virtual launch event

Intercom, Inc.

It’s increasingly becoming the backbone of all customer communications throughout the customer journey; across sales, marketing, and support. And so the winners will be those businesses that focus on truly, genuinely building personal relationships.

Start-ups 118