Some businesses are only focusing on getting more customers, but once the customers are there, companies don't spend anything to keep them.
Customers can leave for multiple reasons:
Because you end up acquiring three customers to keep one, that one customer becomes much more expensive.
31
280 reads
CURATED FROM
IDEAS CURATED BY
Many companies experience the leaky bucket phenomenon. They spend all their energy acquiring new customers but neglect them as soon as the deal is done. Investing in your customer experience can be your best marketing and sales strategy.
“
The idea is part of this collection:
Learn more about business with this collection
How to start a successful business
How to build a strong team
How to market your business
Related collections
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates