How is Customer Retention Important for Increasing Profitability?

Customer Retention
Reading Time: 5 minutes Customer acquisition is the first step towards the success of any new product. However, retention of customers is probably the most vital parameter to sustain the success of any new product. Often, customers don’t end their relationship with a company or product after a single purchase. Customers keep coming back to buy newer versions of […]

source https://www.softwaresuggest.com/blog/customer-retention-importance/

Comments

Post a Comment

Popular posts from this blog

All You Need To Know About CRM Software Implementation in USA

Image
Reading Time: 6 minutes 60% of businesses implement a CRM(Customer Relationship Management) system to increase efficiency and gain greater functionality in their business. But, CRM system implementation is one of the most complex processes executed by modern businesses. Looking for CRM Software? Check out SoftwareSuggest’s list of crm software solutions. Finding and implementing the right CRM at the right […] source https://www.softwaresuggest.com/blog/crm-system-implementation/
Read more

SANeFORCE – Sales Force Automation Software Review

Image
Reading Time: 8 minutes According to global statistics, only 30% of firms have seen 75% or more of their salespeople hit their quotas in the past year. In the previous two years, less than a third of businesses have achieved all or a majority of their sales effectiveness objectives. Nevertheless, 92.5% of companies have had to raise their revenue […] source https://www.softwaresuggest.com/blog/saneforce-review/
Read more