Touchpoint.com

What is customer churn rate

WEB3. Hold on to existing customers. It is cheaper to retain a customer than to attract a brand-new one. That is why customer retention is a vital element of long-term business …

Actived: 5 days ago

URL: https://www.touchpoint.com/blog/what-is-customer-churn/

Create a profitable customer engagement strategy in 6 steps

WEBDon’t dismiss negative feedback or respond defensively – use it as an opportunity to improve. Don’t overload customers with too many feedback requests. 6. …

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Touchpoint free tools

WEBTry Touchpoint Suite free for 30 days. Make your business more efficient with our suite of free tools. Our tools allow you to edit images, create graphs, calculate business metrics, …

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Free churn rate calculator online

WEBEnter the number of customers lost into the second text box. Step #3 - Enter the average dollar value each account generates per month into the text box beside the “Average …

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18 Key sales metrics to track and drive your business forward

WEBHow to calculate QAR. Divide the number of salespeople who met or exceeded their quota by the total number of salespeople. Then multiply by 100 to get a …

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Free net promoter score (NPS) calculator

WEBStep #2 - Send the NPS survey out and wait for the results. Step #3 - As soon as the results are in, tally up the scores and determine the total number of responses. Step #4 - Enter …

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Customer pain points: How to recognize and alleviate them

WEBHere are five ways to effectively identify customer pain points. 1. Engage in qualitative market research. Qualitative market research goes beyond numbers. It …

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62 Customer service email templates and best practices

WEBHere are some practices we found work best for sending customer service emails that are professional, empathetic, and solution-oriented: Personalization. Start the email by …

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CLV calculator: Determine customer lifetime value

WEBOur CLV calculator helps you accurately determine lifetime value by considering ARPA (average revenue per account), MRR (monthly recurring revenue), and churn rate. …

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What is customer health score & how to use it to reduce churn

WEBThe negative actions occurred once each. The formula simplifies as follows: Positive actions (1×20 + 7×3) − Negative actions (1×8 + 1×3) Thereby: CHS = 41 − 11 = …

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How to deal with angry customers like a pro: 10 tips and 15 scripts

WEBHere are helpful tips for using positive language when handling irate customers: Steer clear of language that dismisses or undermines customer concerns. …

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The top 10 customer service certifications to advance your career

WEBImage source: ce.mtroyal.ca 📝 Overview: Mount Royal University’s course is designed to enhance candidates’ capabilities to deliver outstanding customer …

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Call center workforce management: What it is and 12 best practices

WEB10. Utilize analytics and keep a close eye on KPIs. Analytics and key performance indicators (KPIs) offer insights into a call center’s workforce effectiveness …

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What is response bias and how can you tackle it

WEBIt manifests as response bias in surveys, clouding data reliability. Besides revenues, this compromise in data integrity can, in turn, affect business strategies. So, …

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58 Call center scripts for outstanding customer service

WEBA call center script is a pre-written set of guidelines and dialogues customer service representatives use to interact with customers over the phone or via other …

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10 Free SOP templates and how to create your own

WEB4. Project management SOP template. This template provides a structure for the management and execution of projects to ensure effective goal achievement. It …

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7 Confirmation email templates for writing the perfect email

WEBHere is a step-by-step guide for crafting a confirmation email. 1. Start with a clear and specific subject line. Grab the recipient’s attention by clearly stating what the …

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Internal documentation: How we mastered internal product writing

WEBLet’s dive into the methodology of how we crafted our internal product documentation for the purpose of streamlining the development of our soon-to-be …

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