Customer Retention
What’s the role of account management in retention?
For Australian SMEs, customer retention isn’t just about keeping people happy – it’s about predictable revenue and sustainable growth. While acquisition gets the headlines, it’s
Can predictive analytics improve retention rates?
The short answer is yes, predictive analytics can significantly improve retention rates for Australian SMEs. For too long, retention has been treated as a reactive
How to segment customers for targeted retention efforts?
Keeping existing customers is almost always more cost-effective than finding new ones. But blanket retention efforts – sending the same email to everyone – rarely
What makes customers renew without price sensitivity?
We often hear from Australian SMEs that price is the biggest barrier to customer retention. While competitive pricing is important, it’s a misconception that customers
How to create a retention-focused culture?
Many Australian SMEs focus heavily on acquiring new customers, and understandably so. However, consistently strong growth relies just as much – if not more –
What’s the impact of switching costs on retention?
For Australian SMEs, keeping existing customers is often more profitable than constantly chasing new ones. A powerful, yet often overlooked, factor in retention is ‘switching
Can gamification improve customer retention?
Absolutely, gamification can significantly improve customer retention for Australian small and medium enterprises. We’re seeing a growing trend of businesses successfully using game-like elements to
How to calculate the lifetime value of retained customers?
Understanding how much a customer is worth to your business over their entire relationship with you – their lifetime value, or LTV – is crucial
What retention strategies work for B2B vs B2C?
Keeping existing customers is almost always more cost-effective than finding new ones. But the ‘how’ of customer retention differs significantly between business-to-business (B2B) and business-to-consumer
How to create retention triggers in your product?
Keeping customers coming back is far more cost-effective than constantly finding new ones. For Australian SMEs, a smart retention strategy isn’t just nice to have