Happy customers are considered the most loyal customers, but as a group, they can be an elusive audience also. Many experienced marketers are of an opinion that keeping a customer involves less investment as compared to acquiring a new one.
And the same has been proved in a study also that if you increase the retention rate by just 5%, it will increase your sale by over 25%. But the question here is how would you know which customer is likely to stay and which ones are on their way to leave you?
Let us look at some actions that will help you understand and engage customers who are going to leave your brand.
Customers do not tolerate bad experiences, instead, they will walk away from your brand even after one bad experience. And some machine learning models and Al-driven analytics can help you know about the customers who are likely to stop using your service or product.
Business Central will help you to focus on desired and higher-value customers to increase their loyalty through its sales, customer service, project management, and operations module.
Today, customers need high-quality products or services, and brand experiences and if you are not able to fulfill their needs, they will tell you themselves as they are not shy. So, sentiment analytics can help you synthesize your customer feedback.
Business Central helps you better understand and respond to your customers’ needs and wants. The solution help organizations streamline their processes, improve customer relations and enable growth.
Many a time, customers churn because you did not deliver the experience based on their expectations. Consumers did not want a positive experience only.
About 80% of customers want it to be personalized. They want to feel valued.
And for this Business Central will help you deliver the right message, through the right channel, and at the right time. You can easily deliver the targeted personalized journey after combining the transactional, demographic, and behavioral data by creating a 360-degree view of your customer.
Your customer will become loyal and raving fans when you will fulfill all the needs of your customers. You only have to deliver a personalized customer experience along with the ultimate 360-degree view of your customers.
Therefore, this has been said that the loyal customers are the happiest ones. So, always make your customer happy by fulfilling all their needs, if you want your business to be successful with Business Central Dubai.