Maximizing your customer lifetime value is what will make your business profitable for years, not weeks. As you’ll see in the infographic, increasing customer retention rates by as little as 5% can increase your profits up to 95%!
Customer loyalty programs work, but most businesses get it wrong. Check out our The Beginner’s Guide To Customer Loyalty Programs to learn how to get it right.
Tweetable Customer Loyalty Stats
Sources
https://www.colloquy.com/latest-news/2015-colloquy-loyalty-census/
https://blog.bondbrandloyalty.com/2015-loyalty-report-top-5
https://www.helpscout.net/75-customer-service-facts-quotes-statistics/
https://hbr.org/2000/07/e-loyalty-your-secret-weapon-on-the-web
https://www.retentionscience.com/customer-retention-should-outweigh-customer-acquisition
https://www.capgemini-consulting.com/reinventing-loyalty-programs
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