Build your professional network on facebook via our app Go to app
Basavaraj Manager - U&R, Verse Innovations
 
Create knowledge [?]
 
(rate this)
Customer retention 
87
VS
21
 New customers
Srinivas suravajhala  |  Argues in support of  "Customer retention"  |  5 months ago
I strongly believe they are not mutually exclusive. Retaining the customers does not mean that there need not be a strategy for luring the new customers. Luring the new customers also required to stay ahead in the race and to spread your base in...
Basavaraj  |  Argues in support of  |  2 years ago
Customer retention is the best strategy. Acquiring new customers is much costlier than Retention.
Purvi Ghosh  |  Argues in support of  "Customer retention"  |  2 years ago
Before you spend your time and money going after new customers and clients you do not currently have a relationship with consider the following statistics:     * Repeat customers spend 33% more than new customers.     * Referrals among repeat...
 support: 
 
 
Debate: "Which is the best strategy: customer retention or go for new customers?" deleted from your view.
Undo
 
(rate this)
Customer retention 
87
VS
21
 New customers
Srinivas suravajhala  |  Argues in support of  "Customer retention"  |  5 months ago
I strongly believe they are not mutually exclusive. Retaining the customers does not mean that there need not be a strategy for luring the new customers. Luring the new customers also required to stay ahead in the race and to spread your base in...
Basavaraj  |  Argues in support of  |  2 years ago
Customer retention is the best strategy. Acquiring new customers is much costlier than Retention.
Purvi Ghosh  |  Argues in support of  "Customer retention"  |  2 years ago
Before you spend your time and money going after new customers and clients you do not currently have a relationship with consider the following statistics:     * Repeat customers spend 33% more than new customers.     * Referrals among repeat...
 support: 
 
 
Debate: "Which is the best strategy: customer retention or go for new customers?" deleted from your view.
Undo
Follow me on
TooStep
 
 
Contributions and Connections
 
 
66 Contribution Points
0
0 Expert Badges
[?]
8
Connections
8
Following
2
Followers
[?]