Most businesses think of loyalty programs as a way to keep existing customers from leaving. A punch card. A points system. A discount for coming back. Retention infrastructure, not growth infrastructure. That framing is too narrow — and it is causing businesses to underinvest in one of the highest-ROI tools available to them. The data...Read More
Personalization used to be a differentiator. A brand that remembered your name, your preferences, or your purchase history felt special. It stood out. That is no longer the case. Personalization is now the baseline expectation — and falling short of it has real consequences. Research from Contentful shows that 71% to 73% of consumers expect...Read More
Before you approve next quarter’s acquisition budget, there is a number you should sit with for a moment. Acquiring a new customer costs anywhere from five to 25 times more than retaining an existing one. [1] That is not a new finding — Harvard Business Review and Bain & Company have both cited this range,...Read More
Recent Comments