Remove 2024 Remove Consumers Remove Loyalty Programs
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Voice of Customer Analysis to Improve Customer Loyalty and Retention

InMoment XI

Voice of the Customer analysis is emerging as a key consumer trend for 2025 and is poised for continued growth in the years ahead. Get more details about the future of Voice of the Customer analysis and other key insights in our 2025 Consumer Trends Report. Must-know customer service statistics of 2024 ( [link] ). Take Action.

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Top 5 Customer Service & CX Articles for Week of November 4, 2024

ShepHyken

Most consumers like human customer service by Retail Customer Experience (Retail Customer Experience) Three-quarters of consumers, 75%, prefer talking to a human when it comes to customer service, according to a Five9 study on how consumers perceive AI and evolving customer experience. You can read the press release here.

Article 71
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Top 5 Customer Service & CX Articles for Week of October 21, 2024

ShepHyken

How 5 Brands Use Relationship Marketing to Create Loyal Customers by Industry Dive (Industry Dive) Nearly 70% of consumers will pay more for brands that they love. Personalization, consistency, fun, trust, and a loyalty program are what helps these brands create customer loyalty. Let’s learn from some of the best.

Article 78
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The Power of Customer Behavior Analysis

InMoment XI

Furthermore, when researching a brand or product, most consumers prefer to do their own research rather than speak to a human. Knowing these consumer behaviors and how they relate to your business can significantly impact your overall business performance. Consumer Trends Report. ( [link] ). Accessed 11/13/2024.

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Customer Experience in Banking: A Guide to Improve Trust & Satisfaction

InMoment XI

Introduce loyalty programs to reward long-term customers for their continued use of your banking services. By offering benefits like cashback offers, you can drive both customer satisfaction and loyalty. 62% of consumers agree that personalized recommendations are better than general ones. Accessed 10/14/2024.

Banking 195
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Top 5 Customer Service & CX Articles for Week of December 16, 2024

ShepHyken

The Customer Experience Paradox – and How to Overcome It by MARKETING-INTERACTIVE (MARKETING-INTERACTIVE) As consumers tighten their spending after poor experiences, brands face mounting pressure to prioritise CX or risk losing market share. of midmarket consumer products businesses, according to new research from SAP Insights.

Article 62
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How Customer Retention Strategies Can Facilitate Business Growth

InMoment XI

While these strategies can vary based on your business model or resources available to your customer experience program, these proven strategies can help any organization reduce customer churn and improve customer retention. 79% of consumers say that loyalty programs caused them to purchase from an organization more frequently.