30/12/2022
"Once they've reached the peak of happiness from your recent work, they'll pretty much buy anything from you"
If you're like most businesses, you focus a lot of your time and resources on getting new customers. But what about your current ones?
It's been shown that retaining just one additional customer can be more profitable than acquiring new ones. So how do you go about marketing to your current customers? Most businesses focus their marketing efforts on acquiring new customers, but forgetting about your current ones can be a costly mistake. Your current customers are the lifeblood of your business. Without them, you would have no one to sell to!
According to a study conducted by Bain and Company, a 5% increase in customer retention can lead to 95% increase in profits. When it comes to marketing, it's important that you focus on your current customers as well as expanding your reach to new ones. In this video, we'll discuss some tips for getting the most out of your current customer base.
View full video at https://buff.ly/3xIhiIA
If you're like most businesses, you focus a lot of your time and resources on getting new customers. But what about your current ones? It's been shown that retaining just one additional customer can be more profitable than acquiring new ones.