-->
Get CRM Media in your inbox -
Sign up for free
toggle menu
Home
Subscribe
CRM
Magazine
CRM eWeekly (e-Newsletter)
News
CRM Featured Articles
CRM Across the Wire
In Depth
Features
CRM Videos
ViewPoints
Case Studies
Columns
Insight
Blog
Customer Service
Marketing
Sales
More Topics
Analytics
Big Data CRM
Channel Management
Cloud-based CRM
Enterprise CRM
Integration
Mobile
SMB/Mid-market CRM
Social CRM
Topics
Industries
White Papers
Best Practices Series
Reports & Research
Resources
CRM Buyer's Guide & Directory
Current Issue
Previous Issues
Industry Awards
Service Awards
Jobs
Webinars
Events
CX Connect 2023
CRM Evolution Conference
Smart Customer Service Conference
SpeechTek
Digital Experience Conference
About
What Is CRM?
About Us
Contact US
How to Advertise
Getting Covered
Editorial Calendar
Reprints
August 1, 2005
Statistically Speaking
According to "The 2005 Walker Loyalty Report for Communications Services," 41 percent of enterprise customers are truly loyal to their wireless service providers, and 31 percent are high-risk customers with low commitment and typically do not intend to keep doing business with their current providers. Trapped customers, those who intend to keep buying because they don't see a valid alternative, account for 26 percent of those surveyed.
AMR Research's "Customer Management Spending Report, 2004-2006," found that 40 percent of all companies are planning to purchase hosted CRM app solutions over the next year, including 28 percent of large companies (5,000+ employees), 39 percent of midtier businesses (1,000 to 4,999 employees), and 41 percent of SMBs. Also, 49 percent of all companies will use hosted sales or e-commerce apps within the next 12 months. Additional research by AMR showed 50 percent of companies surveyed plan to increase their CRM budgets in 2006, and total CRM budgets will increase by an average of 8.2 percent from 2005 to 2006.
The Customer Respect Group's "Second Quarter 2005 Online Customer Respect Study" contends that 27 percent of all emails sent to high-tech companies were ignored completely, and only half of all emails were responded to within a day. High-tech firms overall supplied less helpful answers than other industries, with 40 percent of all responses considered less than very helpful.
A study conducted by Lucid Marketing and EmailLabs on mothers and email marketing says that 56 percent of mothers determine which emails to open based on both name and subject line. When asked why they sign up for newsletters 41 percent said "to receive information that is relevant to me." Full-time moms are 43 percent more likely to look to subscribe to newsletters. Working moms are 71 percent more likely to want daily newsletters. Fifty-seven percent of moms check their email more than twice a day and 53 percent of them only check their accounts during the week.
According to the J.D. Power and Associates 2005 Wireless Customer Care Performance Study, the average initial reported hold time on calls to the customer service department is 3.44 minutes, compared to just slightly more than 9 minutes before speaking to a representative at a retail store. Fifty-four percent of wireless users have contacted the customer service department for assistance within the past year, a slight increase from 2004's 52 percent. Among those who contact their carriers, 71 percent do via telephone and 26 percent via the carriers' retail stores. Email/Internet contacts represented 3 percent.
Satisfaction with e-government sites, as well as the specific category of portals and department main sites, increased 1 percent, to 72.6, from the previous quarter. Other segments measured include news and information sites, up 1.4 percent to 72.5; e-commerce and transactions, unchanged at 71.3; and recruitment and careers, down 0.7 percent to 77.2.
Free
for qualified subscribers
Subscribe Now
Current Issue
Past Issues
Best Practices Series
GenAI for Customer Service –Pitfalls and Lessons Learned
More
CRM Web Events
Smarter Self-Service: Leveraging Technology for Effortless Customer Care
Coming April 30, 2025
Transforming Agent Experience with AI: Boosting Performance and Satisfaction
Coming May 07, 2025
From Stuck to Scalable: The CX Shift That's Changing Everything
Coming May 14, 2025
Exploring the Future of AI-Driven Analytics: Trends Shaping Tomorrow's Decisions
Coming May 21, 2025
The Next Generation of Business Messaging: RCS
Coming May 28, 2025
More Web Events
Reports & Research
The essential guide to go-to-marketing planning
Navigating change: Keys to a more resilient sales compensation strategy - Keep your sellers motivated amid constant disruption
Top 5 AI use cases for retail
More