Fueling Growth Through Customer Insight ™   

RETENTION:

Are you acquiring first-time buyers but struggling to get more repeat business?     

Current Situation:

Your marketing, advertising, PR, and sales efforts are working well and you are getting first time buyers.  However, the number of first time buyers that turn into repeat customers is disappointing.

 

The Problem:

The return on your marketing investment is sub-par which means you will need to constantly spend on getting new customers.  Your missing out on repeat business which costs far less than getting business from new customers.  Remember, it costs a company six times more to sell a product to a new buyer than it does to sell to an existing customer.  

 

The Concern:

It's tough enough to get qualified leads, but losing customers could be a bigger problem.  Not only will you have to invest more in marketing and sales, but unhappy customers may be telling others and causing even more damage to your business.

 

What can help:

Look at your business from your customers point of view by engaging your customers in dialogue to uncover issues.  Develop the right retention metrics to know if a customer is still a customer. Create strategies and programs to reward customers for repeat business.  Click or call to request more info. 

 

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