Acquiring a new customer can cost five times more than retaining an existing customer.
The success rate of selling to a customer you already have is 60-70%, while the success rate of selling to a new customer is 5-20%.
Aside from the math, what are some reasons a business owner needs to seriously develop a strategy for repeat/returning customers? Listen in to find out...
Information
- Show
- FrequencyMonthly
- Published26 April 2021 at 00:00 UTC
- Length37 min
- Season1
- Episode44
- RatingClean