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9 Strategies to Improve Customer Retention Rate in 2023

SurveySensum

This shows the high cost of customer acquisition and how, at times, businesses fail to recoup their initial investment. In contrast, Company B chose to focus on retaining its existing customer base by introducing loyalty programs. Source Boost Customer Loyalty With NPS Surveys- Sign Up for Free 3.

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Loyalty Marketing For CEOs: Add Enterprise Value To Your Business

Currency Alliance

Certainly that’s the case if the outcome will be greater ROI from the department, and an increase in my brand’s NPS score. A customer’s loyalty is based on their perceived value in doing business with you, and their cumulative experience interacting with your company. low cost, premium, or whatever your market positioning).

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Loyalty for CEOs: how to add enterprise value to your loyalty program

Currency Alliance

And you also know that if a small investment of your time can produce greater ROI from any department, and raise your NPS score significantly, then that’s time well spent. A customer’s loyalty is based on their perceived value in doing business with you, and their cumulative experience interacting with your company.

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Top 150 Global Customer Experience Thought Leaders and Influencers of 2020

SurveySensum

Since then, he has helped dozens of companies in conducting meaningful business insights, designing and engineering CX, optimizing Customer Service Excellence, Voice of Customers, NPS, Analytics, CX Strategy & Frameworks. It focuses on using Net Promoter Score ® (NPS) to transform business in the digital era in 2017.