3 Proven Customer Retention Strategies That Drastically Increase Sales
GetUplift
SEPTEMBER 27, 2021
This may not surprise you, but it can be almost 7 times more cost effective to retain an existing customer than acquire a new one. Turns out, the probability of an existing customer making a purchase is about 60-70 percent. For new prospects, your likelihood of a sale only lies between 5-20 percent. Markin Blog, 2020 ).
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