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40 Customer Retention Statistics You Need to Know

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Great customer experience is a major competitive advantage that drives new sales—and it’s predicted to overtake price and product as the primary brand differentiator for B2B sales by 2020. Customer retention statistics: More than 6 in 10 U.S. 42% of respondents have left a business due to poor customer service. (

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Get Ready for The Shopping Season with These 10+ Tips

Comm100

Holiday sales can represent anywhere between 20 and 30 percent of annual sales for retail businesses. Customers can experience many types of pain points, or common problems, while doing business with a company. Flash holiday deals can be used to generate sales during Black Friday, Small Business Saturday, and Cyber Monday.

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What Is Relationship Marketing and How You Can Improve It

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Relationship marketing is about forming long–term relationships and focusing on customer loyalty. It stands in contrast to the more traditional transactional marketing approach, which focuses on increasing the number of individual sales. Customer service. Loyalty programs. What should they avoid?