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3 Tips to Boost Customer Retention and Growth

Sales and Marketing Management

You don’t even need to land a single new customer. According to a study from Harvard Business School , you can boost profitability by 25 to 95 percent by focusing on current customers and boosting retention rates by just five percent. It costs five times more to land a new customer than to keep a current one in the fold.

Retention 223
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5 Retention Strategies That Don’t Work Without Killer Customer Service Skills

Lessonly

I don’t know about you, but I think customer service roles get a bad rap. The stereotypical customer service agent is just listening to customer complaints, resolving help tickets without a whole lot of passion, and troubleshooting basic problems. What is customer service really about?

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26 CRM Techniques and Strategies for Customer Retention

Cience

Although new sales are important, smart companies also focus on retention. What Is Customer Retention? Customer retention means keeping the clients you already have. You know how hard it is to get new customers. It costs a lot less to keep existing customers than to go out and acquire new ones.

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The Pros and Cons of BDRs in B2B Sales and Marketing

Janek Performance Group

Our recent webinar Turbocharging Business Development Strategies noted the importance of BDRs. They can be instrumental in accelerating revenue generation and fostering customer relationships. In addition, BDRs relay customer feedback and market trends to internal teams. However, marketing is different.

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How to Move Past Bad Press to Enjoy the Good

Smooth Sale

Whether that means revising a policy, making a product safer, or improving customer service, show your audience that you’re committed to change. Host a Q&A session, a webinar, or a community event to address concerns and answer questions directly. Celebrate Success!

How To 116
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3 key factors that impact your customer churn rate

Nutshell

Let’s take a closer look at what customer churn rate really means for your business, and acknowledge the negative impact it can have on your company’s bottom line. We’ll also cover customer retention rate, expose the leading factors behind both of these numbers, What is churn? Improved customer service.

Churn 133
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Want to Provide Stellar Service Like Disney, Southwest, or Trader Joe’s? Start with Customer Service Training Software

Lessonly

One thing though that I have not learned in my time here and could’ve told you coming into this job is that customer service matters. However, before working here, I had no idea how much it matters or why winning in the future will require great service and support. Here’s why customer service training software matters.