Sentence examples for increasing customer retention from inspiring English sources
They found that the average MMORPG gamer plays 22 hours a week and that increasing customer retention by 5percentt can "increase profits by 25to95percentent," said Sanders.
Increasing customer retention rates by just 5% increases profits by 25%to95%5%.
Businesses can use Qwite to increase customer retention rates, reward loyal customers and manage other customer-facing aspects of their business.
The end goal with Apptentive and similar products is to increase customer retention, while turning users into engaged fans of the product in question.
"When people buy on cards, it tends to drive up the average ticket, and the cards increase customer retention by keeping them coming more often and longer," says Christopher Theoharides, president of Advantage Consulting.
Barclaycard's Ring - which it calls the "world's first community-designed credit card" - has helped to reduce complaints by 50% and increased customer retention by 25%, resulting in an annual benefit of more than $10m to the business.
They offer the potential to create new revenue opportunities and drive increased customer retention and cost savings: for example, over 60% of smartphone and tablet users report that mobile banking capabilities are 'important' or 'extremely important' in their decision to switch banks1.
Increase customer retention through high quality of service.
Gaining in-depth insights about your customer portfolio will allow you to maximize revenue potential, increase customer retention, and boost prospective customers.
The yearly growth figures are based on conservative projections of increasing customer use as marketing and customer retention builds an established customer base.
