Customer Retention > Customer Acquisition. Period.
News Source : CMSWire
News Summary
- Retention is not a mindset shift.
- It is a system build.
- The problem is not that companies dislike retention, it is that they are not set up to deliver it.
- Most organizations have customer data, but it is scattered.
- Retention touches too many functions to be run informally.
- There is no intake for cross-functional initiatives.
- No prioritization model for testing.
- No governance for how campaigns, journeys and triggered messages overlap.
- Everyone must align around one goal: make it easier for customers to stay.
The GistRetention is infrastructure. Not a mindset, but a system of data, staffing and process.Operations drive outcomes. Retention fails when its treated like a campaign instead o [+17971 chars]