Here's how you can gauge and monitor customer retention metrics as an executive.
Understanding customer retention is vital for any executive aiming to sustain and grow their business. Customer retention refers to a company's ability to keep its customers over a period of time, indicating satisfaction and loyalty. As an executive, gauging and monitoring retention metrics is crucial because it costs less to retain existing customers than to acquire new ones, and loyal customers often contribute to a significant portion of revenue. By tracking these metrics, you can make informed decisions to improve products, services, and customer experiences.
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Danielle VicenteHead - Gerente Sênior de atendimento e opera??es | Gerente de experiência do cliente | Planejamento | BPO - Call Center…
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Rohit MaratheBusiness Development Head at Zee Learn Ltd
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Salman KhanCertified Lean Six Sigma White & Yellow Belt || Operations Team Lead || Ex - Assistant Manager || Ex - Branch Service…1 个答复