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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?

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Elevating Tradition: Innovating Customer Experience in Established Businesses

Win the Customer

Traditional businesses often face the challenge of adapting to new customer expectations and technologies. Even long-established businesses can embrace change and revolutionize their customer interactions. In this blog post, we’ll explore strategies that traditional businesses can adopt to innovate in customer experience.

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Guest blog: 5 Customer Experience Trends for Financial Institutions in 2023

Comm100

One of the best ways to ensure you stay in business and keep your CX game sharp is to follow trends. And this is because of two main reasons: You will know what customers want and address their needs. Customers typically engage with your brand on different touchpoints. Doing this sends a message that you value your customer.

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Books on Customer Service That Are a Must Read

VOZIQ

Customer relationship dynamics have been changing drastically over the past years. With customer expectations rising dramatically and businesses implementing a personal and far more attentive approach than before, CRM has now become a crucial element of customer retention.

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Books on Customer Service That Are a Must Read

VOZIQ

Customer relationship dynamics have been changing drastically over the past years. With customer expectations rising dramatically and businesses implementing a personal and far more attentive approach than before, CRM has now become a crucial element of customer retention.

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5 Ways to leverage eCommerce Contact Center Software to improve CX

Hodusoft

An estimated 66% of customers actively use three or more channels to reach out to a business. It can be email, different social media platforms, live chat, etc. Modern customers expect to be served equally across all channels. An omnichannel contact center software can help businesses to meet this expectation.

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7 Top Marketing Tips: Customer Satisfaction in Retail

SurveySensum

Even as a retail giant , Reliance Trends struggles with customer retention. Here’s an eye-opening statistic – ‘78% of customers have backed out of purchase due to a poor customer experience’- Glance, Counting the Customer. So, how to keep your customers satisfied? So, what’s missing?