Customer located equipment refers to telecommunications or IT hardware installed at the customer’s premises, like routers or modems, used to connect to a service provider’s network.
Customer premise equipment includes any communication devices located at a customer’s property, such as telephones, routers, or set-top boxes, that connect them to the service provider’s infrastructure.
The ability of a business to keep its customers over time, essential for maintaining revenue stability and fostering brand loyalty.
Methods designed to retain existing customers, such as loyalty programs, personalized offers, and proactive service, reducing churn and increasing lifetime value.
A widely used metric that measures how satisfied customers are with a product, service, or interaction, reflecting the effectiveness of customer experience efforts.
The use of AI to divide a customer base into distinct segments based on behaviors, demographics, or preferences, allowing businesses to deliver personalized experiences.