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How to Use Psychology to Build Customer Loyalty That Creates ROI

Beyond Philosophy

Through personal anecdotes and examples, Colin and Ryan illustrate how businesses can earn loyalty by prioritizing customer needs and making sacrifices for their benefit, ultimately fostering long-term relationships. The post How to Use Psychology to Build Customer Loyalty That Creates ROI appeared first on Beyond Philosophy.

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Is "Agent" Offensive to Contact Center Professionals?

CX Accelerator

Written by Jeremy Watkin and Community Dear contact center agent: What if I told you that if you come to work for us you can do the exact same job as you’re doing now but we’ll instead call you a customer service hero, guru, rockstar, or ninja? What’s wrong with the traditional terms? Are you sold? And are new titles any better?

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Gross Retention vs. Net Retention: What’s the Difference?

Totango

In football terms, gross retention, or gross revenue retention (GRR), is like the defense, determined to block any attempts by the opposing team (churn) to breach your end zone (revenue stream). GRR provides a long-term outlook on how much revenue you can expect to make without assuming your customers increase their spending.

Outlook 108
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Lessons from the Overlook: The importance of leverage

Inside Customer Service

It's a hands-on opportunity to apply some of the techniques I advise my clients to use. In customer service, it's the power to set the terms of the relationship, such as when a service will be performed, how much it will cost, and whether you have to be nice. The first is a short-term impact, while the other is more long-term.

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A Strategic Guide to Community Gamification

In Customer Success terms, an engaged customer is one that is immersed in your product. How to use gamification to improve customers success outcomes. Ideally, they find value and success daily and help other customers to do the same. But how do you encourage engagement? Our eBook explains how, with topics like: What is gamification?

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A Guide to Choosing the Right Text Analysis Software for Your Business

Lumoa

They’re not just speeding up the process; they’re enriching it with deeper insights, making it smoother and more efficient in terms of resources. To remind you a bit of what it is and what it does, text analytics uses transforms unstructured text into structured data that’s actually useful for business decisions.

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Predictive Customer Service: AI’s Role in Anticipating Needs

Comm100

We will also consider how AI algorithms are used to process customer data patterns to predict their service requirements – dealing with issues before they even arise. Its main benefit is in allowing organizations to provide predictive support to their clients, catering to their needs 24/7 to address their concerns proactively.