Remove 2024 Remove Loyalty Programs Remove Marketing
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Reduce Customer Churn to Boost Revenue and Stay Competitive

InMoment XI

Losing customers never feels good, especially in a hyper-competitive market. As a result, youll succeed in retaining and acquiring customers to increase your market share. For example, if your competitor is receiving criticism for slow customer support, you can use the opportunity to market your 24/7 multi-channel service.

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

ShepHyken

Operationalize by Zeisler Consulting (Zeisler Consulting) If you’re wondering what CX really is, leave it to a marketer of course to put it succinctly and easily: CX is all about operationalizing your Brand Promise. My Comment: Here’s an interesting article about the link between CX and marketing. Marketing is about the brand promise.

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Voice of Customer Analysis to Improve Customer Loyalty and Retention

InMoment XI

As a result, you can increase your market share with this customer-centric approach. It also keeps you in the loop regarding competitor behavior to help you further refine your marketing efforts. If feedback analysis suggests that customers expect more incentives, you can retain more customers by investing in a loyalty program.

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The Power of Customer Behavior Analysis

InMoment XI

By identifying specific customer preferences—such as preferred products, content types, or communication channels—you can tailor marketing messages, recommendations, and services to each customer’s needs. Informed Marketing Decisions Analyzing customer behavior allows you to craft more effective marketing strategies.

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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. That is the epitome of successful relationship marketing. My Comment: Let’s learn from some recognizable brands about how their relationship marketing.

Article 77
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Customer Experience in Banking: A Guide to Improve Trust & Satisfaction

InMoment XI

By providing industry-specific insights, whitepapers, or reports on market trends, you can establish yourself as an authoritative bank. Introduce loyalty programs to reward long-term customers for their continued use of your banking services. Accessed 10/14/2024. Accessed 10/16/2024.

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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. Not doing so is a risk to the long-term survival of your company!

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