article thumbnail

Top 5 Customer Service & CX Articles for the Week of August 7, 2023

Hyken

Customer Retention Statistics – the Ultimate Collection for Small Business by Matt Mansfield (Small Business Trends) Customer is strategic efforts a business makes to keep existing customers engaged and loyal over time. remains unchanged since 2009 while inflation reached 6.2% in 2022 and 5.4%

article thumbnail

Top 5 Customer Service & CX Articles for the Week of May 1, 2023

Hyken

According to the research, since 2009, a stock portfolio of the publicly traded brands in Siegel+Gale’s research outperformed every major index with a return of 1,841%. Acxiom’s Tate Olinghouse, chief client officer, shares his thoughts on the topic, rounding out his series on customer acquisition, growth, and retention strategies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retailer Lessons from iGaming Companies

Retail TouchPoints

Pini Yakuel is the Co-founder and CEO of Optimove , a customer-led marketing platform. From its two-person launch in 2009, under Yakuel’s leadership, Optimove is now a multi-million-dollar global retention marketing business with more than 450 employees.

article thumbnail

Best Retail Marketing Tips for 2019

Retail Next

If you have a new product, you want your customers to know so they can visit your physical store or your website to make a purchase. Email marketing is a powerful tool to boost customer retention, build buyers’ trust and increase your conversion rate.

article thumbnail

How Starbucks is Using Mobile Apps to Significantly Increase Sales

Indigo 9 Digital

Back in 2009 it launched its mobile app. Customers using this feature can skip the line (most of the time) in store by placing their favourite order from the most convenient location whether that is at home or on the way to work. Then it began offering in app payments in 2011.

article thumbnail

Starbucks’ Digital Strategy, Why it Outperforms

Indigo 9 Digital

Over a decade ago in 2009 it launched its mobile app. Customers using this feature can skip the line (most of the time) in store by placing their favourite order from the most convenient location whether that is at home or on the way to work. A world class mobile app. Then it began offering in app mobile payments in 2011.

article thumbnail

Starbucks’ Strategy: 4 Actions it Used to Grow Into a $100 Bln Company

Indigo 9 Digital

Back in 2009 it launched its mobile app. Customers using this feature can skip line in store by placing their favourite order from the most convenient location whether that is at home or on the way to work. This strategy is in contrast to the one used by most restaurants including KFC, McDonald’s, Dunkin and Subway 3.