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Studies show that most companies lose approximately
half of their customers every five years. In our business, there
is a tremendous amount of marketing effort and money devoted
to the recruitment of new customers. It may even be argued
that more time, effort and money is spent acquiring new
customers than there is time, effort and money spent holding
on to existing customers. Are we simply getting
new customers into the front door of our businesses while
letting existing customers slip out the back door? How do we
stop this vicious cycle?
In today’s program, Customer Loyalty, Rick Barrera will
share some ideas for getting new customers to try your
services, but more importantly, he’ll show you how to hold on
to those new customers and your existing customers for a
lifetime.
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