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26 CRM Techniques and Strategies for Customer Retention

Cience

Your customers are one of your company’s most important assets. Although new sales are important, smart companies also focus on retention. What Is Customer Retention? Customer retention means keeping the clients you already have. Companies that neglect retention do so at their own risk.

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Creating A Customer-Centric Strategy

Sell Integrity

Research by Zendesk , for example, shows that superior customer service directly impacts purchasing decisions, buying behaviors and long-term revenue. more than other companies in the previous year. How do metrics like increased wallet share, loyalty, customer lifetime value and referrals sound?

Strategy 117
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Customers From Hell – Top 4 Tips for Handling

Klozers

The recent increase in the number of Online Reputation Management companies validates this, however smart companies have learned some simple strategies and techniques on how to deal with the Customers From Hell, and try to catch them before the problem escalates, let alone they post anything negative online.

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Overloaded And Overwhelmed

Partners in Excellence

In some cases, smart companies re-engineered a lot of what they did, slimming things down and doing what they could to eliminate unnecessary workloads. What about note taking—well a lot of data shows, the physical act of writing notes, rather than typing them, drives a higher degree of retention and understanding.

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Client Onboarding Process: Free Checklist for Service Providers

LeadFuze

The only thing is, growth is dependent on both new client acquisition and current client retention. Smart companies have realized that customer loyalty is the most powerful sales and marketing tool that they have. ” – Bill Price. Retention Costs: What exactly are you spending to keep folks around? Is it worth it?

Lead Rank 124