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How Can Customer Retention
Be Improved?
Studies have shown that 80% of your sales will come from 20% of your customers. So how do
you retain those happy 20% and make them feel valued? The answer is by speaking their
language - that is, understanding their needs in relation to your niche or industry so that they
feel understood, not just talked at or to.
PayPal $1000 Gift Card
Brand Loyalty
Many businesses sign people up for email lists and loyalty programs, but rarely follow up as
much as they should. This is a shame, because they really do want to hear from you - if your
messaging is relevant to them. Creating high quality information and great offers that make
them feel valued can stimulate sales more than thousands of automated social media messages
cranked out by a bot.
Branding as a Shortcut
Buying by the brand is a shortcut for a lot of people, an almost automatic purchase that they
think very little about and are not usually too price sensitive about. They know what they want
and they will pay to get it.
PayPal $1000 Gift Card
The Emotional Connection
But people also have an emotional connection to brands. Emotions enter into purchasing
decisions a lot more than most marketers might think. Studies have shown that consumer’s buy
based on emotion, and then try to justify their choice with logic, not the other way around.
Choice Support
The emotions that caused a person to buy in the first place can keep them coming back for
more, a phenomenon known as choice support. It triggers people to become repeat customers,
because once they have purchased from you, they will continue to do so to "prove" they made
the right choice in the first place. If your marketing messages reinforce their choice support by
speaking their language, you can retain your customers easily.
Knowing their "pain points," that is, what they struggle with most in relation to your niche,
helps them feel understood, and as if your products are really designed for them (which they
should be). Asking for feedback such as reviews, testimonials and survey response will reinforce
the idea that you care. Those seeing their reviews posted, or your new product being the one
they voted as their first choice in your survey, would also indicate that you're speaking the
same language.
PayPal $1000 Gift Card
Showing the Customer They Are Valued
Email marketing list subscribers should be treated like the valuable customers and prospects
they are. Reward them for being on your list with various items that show you care, including:
Surprise gifts
Perks like exclusive members-only content, discounts and offers
Invitations to create user-generated content, such as guest blogging
Great bonus items with each package, which can be sent a day or two after their purchase
Responsive customer service
A detailed FAQ page
Access to you personally, such as on webinars or in a closed Facebook group
All of these will strongly influence your customers to be loyal to you because they create the
perception that you care about them.
If you build your brand properly, you can create loyal, lifetime fans and customers who can't
wait to tell others about your business. Smart branding is perhaps the most inexpensive
business tool you can create.
PayPal $1000 Gift Card

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How can customer retention be improved

  • 1. How Can Customer Retention Be Improved? Studies have shown that 80% of your sales will come from 20% of your customers. So how do you retain those happy 20% and make them feel valued? The answer is by speaking their language - that is, understanding their needs in relation to your niche or industry so that they feel understood, not just talked at or to. PayPal $1000 Gift Card Brand Loyalty Many businesses sign people up for email lists and loyalty programs, but rarely follow up as much as they should. This is a shame, because they really do want to hear from you - if your messaging is relevant to them. Creating high quality information and great offers that make them feel valued can stimulate sales more than thousands of automated social media messages cranked out by a bot.
  • 2. Branding as a Shortcut Buying by the brand is a shortcut for a lot of people, an almost automatic purchase that they think very little about and are not usually too price sensitive about. They know what they want and they will pay to get it. PayPal $1000 Gift Card The Emotional Connection But people also have an emotional connection to brands. Emotions enter into purchasing decisions a lot more than most marketers might think. Studies have shown that consumer’s buy based on emotion, and then try to justify their choice with logic, not the other way around. Choice Support The emotions that caused a person to buy in the first place can keep them coming back for more, a phenomenon known as choice support. It triggers people to become repeat customers, because once they have purchased from you, they will continue to do so to "prove" they made the right choice in the first place. If your marketing messages reinforce their choice support by speaking their language, you can retain your customers easily. Knowing their "pain points," that is, what they struggle with most in relation to your niche, helps them feel understood, and as if your products are really designed for them (which they should be). Asking for feedback such as reviews, testimonials and survey response will reinforce the idea that you care. Those seeing their reviews posted, or your new product being the one they voted as their first choice in your survey, would also indicate that you're speaking the same language. PayPal $1000 Gift Card Showing the Customer They Are Valued Email marketing list subscribers should be treated like the valuable customers and prospects they are. Reward them for being on your list with various items that show you care, including: Surprise gifts Perks like exclusive members-only content, discounts and offers Invitations to create user-generated content, such as guest blogging Great bonus items with each package, which can be sent a day or two after their purchase Responsive customer service
  • 3. A detailed FAQ page Access to you personally, such as on webinars or in a closed Facebook group All of these will strongly influence your customers to be loyal to you because they create the perception that you care about them. If you build your brand properly, you can create loyal, lifetime fans and customers who can't wait to tell others about your business. Smart branding is perhaps the most inexpensive business tool you can create. PayPal $1000 Gift Card