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Zendesk completes acquisition of Klaus

Zendesk

Workforce engagement management is key to not only meeting, but exceeding customer expectations. By automatically assessing support using AI to pinpoint and fix gaps, AutoQA gives businesses 100 percent coverage of their customer conversations and a clear view of opportunities to improve, while removing the burden of manual review.”

AI 144
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How to Fight Excessive Customer Churn: 4 Winning Strategies

Totango

Knowing how to fight customer churn is critical for keeping SaaS business models sustainable. The more customers you lose to churn, the more you have to invest in new customer acquisition to maintain your revenue, and the harder it becomes to grow your business. Invest in Your Customer Success Team.

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Do You Measure These Customer Success Metrics?

CSAT.AI

Let’s go deeper into a few more customer success metrics. The following KPIs help you plan your strategy and monitor your revenue and costs of customer success. Customer Health Score (CHS). No, this isn’t about how many steps your customer is getting in daily or their fiber consumption (unless you’re a wellness brand).

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How to Prevent This Catastrophic Error So Many Are Making With AI

Beyond Philosophy

From a strategic standpoint, organizations are losing opportunities to improve their ability to enhance their Customer Experiences with this impressive and impactful technology and, well,…building them wrong. For example, a large telecom company designed an AI system to identify customer churn.

AI 143
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How to avoid this preventable mistake too many are making with AI

Beyond Philosophy

They fail to capitalize on the potential to enhance Customer Experiences through this powerful technology by building it incorrectly. Take, for instance, a telecom company that developed an AI system to detect customer churn. The mistake lies in how organizations set up their AI systems. Follow Colin on Twitter HERE.

AI 78
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Customer Success: The Lost Art of Churn Reason Analysis

SixteenVentures

It’s critical to understand why your customers churn, but if you’re relying solely on the reason the customer gives you for that churn, you’re definitely missing the actual reason. It’s easy to just ask a customer why they’re cancelling or not renewing and to leave it at that. Churn: Syntax and Nomenclature.

Start-ups 131
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11 Proven Strategies to Reduce Customer Churn Rate (Updated)

Aquire

If you want your customers to stick around, it’s important you understand how to reduce customer churn rate. Of course, some level of churn is inevitable — no matter how much effort you put into satisfying your customers. There are reasons customers stop doing business with you that are simply beyond your control.