Effective Ways to Increase Customer Retention in 2024

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In business, the customer is king, so increasing customer retention can play a crucial role in your success. If all goes well, your customers will leave every interaction feeling satisfied, inspired to return, and eager to recommend your business. The new year marks the perfect time to refocus on building lasting relationships — here’s how…

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Exploring the Benefits of Market Research

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Market research stands as a lighthouse guiding companies through the foggy waters of consumer behavior and competitive landscapes. It provides invaluable insights that shape the foundation of business strategies and market approaches. With the dynamic nature of markets today, staying informed and adaptable is not just an advantage—it’s a necessity. Understanding the multi-faceted perks of…

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How Small Businesses Gain Leverage With Quality Web Design

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It can’t be emphasized enough–an online presence increases the visibility of your business and broadens your brand awareness. Apart from good exposure to your business on social media, you should leverage a good website, too. Regardless of whether your business is a startup or a small business, you need to design a website to market…

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5 Expert Tips to Help Reduce Customer Churn

Your customer churn rate is the percentage of people who decide to no longer do business with your brand. When you’re looking at improving your customer retention rate, you’ll want to analyze why previous customers might not return to you, and what you can do to keep their loyalty.  To help with that, we’re going…

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Should You Focus on Repeat Business or New Customers?

There is an age-old question in marketing of whether it is better to focus resources on existing or new customers. Ideally, you should invest your time and resources into both. However, the reality is that every organization must prioritize. So, you will need to ask and answer this question for your own business. The Value…

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Improve customer retention with these simple strategies

There’s a long-standing debate about whether retention or acquisition is more important. Whatever side of the fence you fall on, you can’t deny that each one has its place. You can acquire all the customers in the world but if you don’t have strong retention then you’ll eventually burn through your total addressable market. Likewise,…

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5 Ways to Improve Customer Loyalty

Loyal customers enable predictable revenue, stick with a business through hard times, and ensure that a company stands the test of time. Overall, customers are becoming more loyal to the brands they love. However, only a couple of brands get to win out. The brands that earn loyal customers offer a great product or service,…

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4 Customer Retention Tactics that Work Like a Charm

Acquiring new customers is good, but guess what, retaining existing customers is even better. In fact, research suggests that “65% of a company’s business comes from previous customers.” Plus, data also claims that “Acquiring new customers costs 5 times as much as retaining existing ones.” But the biggest surprise of them all? It turns out…

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