Tag Archives: customer retention

Retain Your Existing Customers Brick Mortar Store

How to Retain Your Existing Customers in Brick and Mortar Retail

The rise of e-commerce has seen a notable downfall in retail store businesses. People tend to buy the majority of their stuff online now. The trends like showrooming are becoming more and more famous as people generally visit a retail shop now only to compare the prices. But why is this happening at all? The […]
October 3, 2019 480 Reads share
Keys to Boosting Customer Lifetime Value

4 Keys to Boosting Customer Lifetime Value

Many businesses focus almost exclusively on customer acquisition — a logical strategy for any startup, not so much for those who’ve been around the block a time or two. After all, acquiring a new customer can cost you five times more than retaining an existing one. And the probability of conversion between the two is enough to give anyone […]
July 30, 2019 374 Reads share

7 Customer Retention Strategies for Startups

Acquiring a new customer is not an easy task. A lot goes behind it – from finding your prospects to lead generation and from trying all sorts of social media strategies. And it is worthy to note that it costs 5 times more to acquire a new customer – than it does to keep your […]
December 31, 2018 1,025 Reads share

10 Unknown Reasons for Customer Churn and How to Avoid Them

There is nothing more frustrating for organizations than losing clients. Customer attrition slows down business growth and entails huge extra charges on acquiring new buyers. So reducing churn should be a top-priority task for any business, from startups to industry leaders. Dealing with companies worldwide, we often hear about the attrition issue from our partners […]
October 3, 2018 1,400 Reads share