ClientSuccess

JUNE 19, 2019

Adding credibility to this statement is a research study by Invesp Consulting which suggests: Existing customers are 50% more likely to try new products and spend 31% more than new users! Increasing customer retention by 5% can increase profits by 25-95%. Shocker, right? Automated Marketing for Augmented Engagement.

Customer Retention 73

Customer Retention E-commerce Start-ups Entertainment 73

Comm100

OCTOBER 8, 2016

Your customer retention is super important to your bottom line—after all, customer loyalty is well-known for being more valuable than customer acquisition. With stakes this high, it’s essential that you build a solid customer retention plan that can lead to long-term customer loyalty.

Customer Retention 60

Customer Retention Customer Loyalty Social Media Education 60

Totango

MAY 6, 2021

What is customer retention ? We’ll discuss what customer retention means as a concept, as a strategy and as a metric. And we’ll offer an eight-step path to increasing customer retention by following best practices and leveraging the power of automation. What Is Customer Retention?

Customer Retention 74

Customer Retention Net Promoter Score Education Customer Feedback 74

ClientSuccess

SEPTEMBER 26, 2019

For example, a good valued touch might be an email or conversation reviewing how a new feature benefits your customers specifically. Another way to bring value to your customers would be educating customers on existing features by providing the context needed to help them become more successful according to their desired outcomes.

Customer Retention 49

Customer Retention Net Promoter Score Gaming Education 49

Shep Hyken

NOVEMBER 2, 2022

An important goal of a good customer experience is to make the customer feel special. I was reading an article about customer retention, and it prompted me to start a list of ways to make customers feel special, want to come back, and even want to share their experience with friends, family, and colleagues.

Invoicing 115

Invoicing Education Customer Retention Start-ups 115

Intercom

AUGUST 23, 2022

Customer retention has never been more critical to business success than it is today. 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.

Customer Retention 105

Customer Retention Customer Acquisition Touchpoint Education 105

Fonolo

MAY 16, 2019

It’s no surprise: on the surface, the two departments and their goals seem distinct from one another: Marketing is all about customer acquisition (or, attracting new customers), while customer service is all about customer retention. So, how exactly does custom service feed into marketing?

Customer Service 124

Customer Service Customer Acquisition Customer Retention Education 124

Totango

SEPTEMBER 20, 2022

This delivers customers more satisfying experiences, which promote higher retention, lower churn, and higher referral rates. A customer enablement program is a vital part of the customer landscape for B2B and SaaS companies that rely on customer retention for growth. Educate Customers on How to Succeed.

B2B 83

B2B Net Promoter Score Education Social Media 83

Intercom, Inc.

JULY 1, 2020

With the right approach and proactive support tools – think Outbound Messages , Product Tours , and Mobile Carousels – you can provide every customer with the fast, personal help they need at the exact moment they need it. At Intercom, our Support Ops and Product Education teams work hand-in-hand to deliver proactive support to our customers.

Education 239

Education Sales Customer Retention Customer Loyalty 239

Fonolo

MARCH 6, 2019

Are you new to the customer service space and currently seeking a) some fundamental orientation information; and b) membership in some pivotal circles where important CS knowledge is shared? eight customer-focused organizations, acronyms and all, that you should be following this year and beyond.*. Read on to learn about (and bookmark!)

Customer Service 102

Customer Service Contact Center Education Non-Profits 102

Intercom, Inc.

AUGUST 26, 2020

To find out how support leaders are navigating the current landscape, we surveyed a random sample of 593 support managers across both B2B and B2C and industries like education, retail, healthcare, and tech. With a focus on ROI, nearly a third (30%) plan to measure their team’s impact on customer retention.

Customer Retention 233

Customer Retention Customer Satisfaction Customer Expectations B2C 233

Zendesk

JUNE 5, 2023

88% of CX leaders in Healthcare say personalization increases customer retention Zendesk CX Trends Report 2023 That’s why Zendesk’s support of HIPAA-regulated customers is so valuable–it allows these providers to create the same experiences patients are used to having with their favorite brands.

Healthcare 91

Healthcare Compliance CX Education 91

Intercom, Inc.

MAY 13, 2020

We sat down with Tom and Kaitlin Pettersen, our Global Director of Customer Support, in a recent webinar that focused on how support teams can increase retention and reduce churn among their customers right now. Reduce customer churn through delightful service and product education.

Education 129

Education Finance Customer Retention Sales 129

Intercom, Inc.

MARCH 16, 2021

With the right strategy and proactive support tools – think Outbound Messages , Product Tours , Mobile Carousels , and Banners – you can alert customers to known issues, like delivery delays, bugs in your product, and website downtime. Educate customers on new features. Customer retention.

E-commerce 201

E-commerce Education Customer Satisfaction Start-ups 201

Zendesk

FEBRUARY 12, 2024

In today’s fast-paced and competitive business environment, staying ahead in customer service means continually educating yourself and your team. Customer service podcasts provide an excellent avenue for gaining knowledge and insights without disrupting your busy schedule.

Customer Service 52

Customer Service Customer Retention CX Social Media 52

Totango

SEPTEMBER 22, 2023

Retention increases when customers get results, leading to increased purchasing and ultimately boosting enterprise revenue growth. CS, more than any other function, is positioned to be the driver of customer results and customer retention to fuel growth.

Outlook 114

Outlook Innovation Omnichannel Education 114

Intercom, Inc.

JULY 26, 2022

As the main point of contact for the customer, customer success managers have many opportunities to represent the business and demonstrate how and why it is the best partner or provider to meet their needs. Onboarding customers and educating them on the best ways to use your product or service.

B2B 129

B2B B2C Education Customer Retention 129

ClientSuccess

FEBRUARY 22, 2023

Customer success managers work with customers to identify and help them achieve their goals. This can involve training and education on effectively using the product or service, suggesting best practices, and providing guidance on optimizing the customer’s experience.

Customer Satisfaction 70

Customer Satisfaction Education Customer Retention Customer Relationship 70

ClientSuccess

JANUARY 11, 2023

Regularly monitor customer performance and identify opportunities for improvement. Measure customer success metrics for meaningful insights. Focus on customer retention and long-term ROI. Advocate on behalf of the customer —even if it means making a sacrifice in terms of time, cost, or other resources.

Touchpoint 80

Touchpoint Education Customer Retention Customer Loyalty 80

Customer Bliss

MAY 2, 2019

Rosalyn Curato , CCO of Allovue , a startup EdFinTech (education financial technology) company, knows how to leverage this skill. In today’s episode, Rosalyn shares how her background in finance and education consulting contributes to success in her CCO role. Rosalyn Curato is Chief Customer Officer at Allovue.

Education 59

Education Finance Customer Retention Start-ups 59

Aquire

DECEMBER 9, 2021

The higher your churn rate, the more customers you lose. The lower your churn rate, on the other hand, the more customers you keep on your books. Your churn rate is also diametrically opposed to your customer retention rate. So, if you have a retention rate of 75 percent, you’ll have a churn rate of 25 percent.

Customer Retention 98

Customer Retention Education Start-ups Social Media 98

Lightico

SEPTEMBER 13, 2023

Disgruntled customers may vent their frustration on social media or via word-of-mouth, further affecting your reputation. Additionally, bill shock can result in reduced customer retention rates, as clients seek alternatives with more transparent and predictable billing practices.

Finance 52

Finance Education CX Social Media 52

SurveySensum

AUGUST 31, 2023

Let’s journey into the realm of the top 7 SaaS customer satisfaction surveys that empower you in product adoption and SaaS customer retention. Here’s an eye-opening statistic that highlights that every five years, around 50% of customers naturally churn. Excited to explore further?

Customer Satisfaction 52

Customer Satisfaction Close the Loop NPS Customer Retention 52

Intercom, Inc.

DECEMBER 28, 2022

In this post, the Intercom Content Team picks our highlights from a busy 2022 – we published over 150 pieces of content, including guides about customer support and customer retention. When used right, they add richness to conversations, help emphasize an emotion, and build rapport with customers. Intercom for Enterprise.

Innovation 118

Innovation Customer Retention Machine Learning Customer Service 118

Totango

JULY 15, 2021

They are tasked with aligning all revenue-related tasks, such as pricing, sales, customer support, marketing and revenue management. A CCO is focused on the customer: customer retention, customer service, and building customer relationships. What is the Salary Range for a Chief Customer Officer?

Start-ups 124

Start-ups Customer Relationship Education Customer Retention 124

VOZIQ

APRIL 14, 2023

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. How do you create raving fan customers that will tell all of their friends, family and colleagues that they must to do business with you?

Customer Service 40

Customer Service Entertainment B2C CRM 40

VOZIQ

APRIL 14, 2023

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. How do you create raving fan customers that will tell all of their friends, family and colleagues that they must to do business with you?

Customer Service 40

Customer Service Entertainment B2C CRM 40

SurveySensum

JULY 21, 2023

That’s why here in this blog we will talk about the top 11 B2B customer retention strategies. These strategies can help you maximize your business’s potential while keeping those valuable customers right where they belong. That’s why we proudly maintain a remarkable 98% customer retention rate.

Customer Retention 52

Customer Retention B2B Net Promoter Score Touchpoint 52

CommBox

JANUARY 28, 2024

Chatbots can manage 30% of live chat communication Businesses can save up to 30% on their customer service by using chatbots. 64% of businesses believe chatbots allow them to provide a more customized customer experience. 56% of customers prefer to message rather than call customer service.

AI 52

AI Customer Service Real Estate B2C 52

TeamSupport

MAY 3, 2023

Improves customer retention and acquisition. Customers remain loyal to companies that are consistent and offer quality customer service. 29% of support tickets are of medium complexity , meaning the customer can solve the problem when directed to appropriate education.

Customer Satisfaction 98

Customer Satisfaction Customer Acquisition Education Customer Retention 98

Totango

DECEMBER 28, 2021

Follow up initial training with continuing education opportunities for successful team members. Consider making paid continuing education a perk to help attract top talent. Taking steps to fight customer churn is one of the most efficient ways to increase retention, revenue and profitability.

Net Promoter Score 96

Net Promoter Score Education NPS Start-ups 96

Zendesk

FEBRUARY 28, 2023

For example, you can influence customers by offering them a discount code when they’re on a certain page. Or, you can use messages to educate customers about new product features and announcements.

Sales 52

Sales Education Customer Retention AI 52

Fonolo

APRIL 23, 2019

ICMI, The International Customer Management Institute, is the authority on contact center excellence, and produces this annual, stellar event geared at educating, motivating, and providing a solution-packed expo for professionals looking to stay on top of their customer service game. Shai Berger , Co-Founder and CEO, Fonolo.

Contact Center 57

Contact Center Education Gaming Customer Retention 57

Comm100

FEBRUARY 6, 2023

This involves including customers in your plans, constantly engaging them on social media, telling your brand stories, and offering education. For example, you can teach your customers how to save or build a good credit mix that matches what 90% of lenders in the market use to make credit decisions. First, customers want it.

Customer Experience 80

Customer Experience Omnichannel Social Media Touchpoint 80

Fonolo

APRIL 11, 2019

With over 20 years of writing experience, she is responsible for content strategy and implementation of solutions designed to increase customer success and support long-term customer retention. Her team is a 2019 Stevie Award winner for Back-Office Customer Service Team of the Year.

Contact Center 87

Contact Center Education Business Consulting Technology 87

SugarCRM

FEBRUARY 22, 2024

data-secret="01EK9WcL6R" frameborder="0" scrolling="no" width="500" height="281"> Fortunately, enterprises can use two solid strategies focused on the customer to boost customer retention and secure a better position in the market, regardless of the industry: customer early education and a solid customer onboarding strategy.

Education 26

Education Start-ups Customer Retention CX 26

Totango

JULY 13, 2021

And customers have raised their expectations, demanding products and services that can be customized to meet their specific desires. So, what are the most important elements that underpin your strategy for customer success growth in this new economy? Increase Customer Retention. Let’s take a look.

Customer Satisfaction 101

Customer Satisfaction B2C B2B Customer Relationship 101