What do you do if your customer loyalty and retention rates are low due to a lack of emotional intelligence?
Customer loyalty and retention are critical for the success of any business, and emotional intelligence (EI) plays a pivotal role in maintaining these aspects. EI refers to the ability to understand and manage your own emotions, as well as recognize and influence the emotions of others. If your customers feel misunderstood or undervalued, they're more likely to take their business elsewhere. Therefore, addressing low loyalty and retention rates often requires improving the EI of your customer experience team.