Posts Tagged ‘customer database’

Retaining Customers Part III: Invest to Prevent Customer Defections

This is the third of a series of four blogs devoted to the topic of customer retention. Read Part 1 and Part 2. Every customer that you keep represents at least three that you don’t have to attract. Numerous research studies indicate that the cost of acquiring a new customer usually runs from two to [...]

June 9th, 2008 - By Bill Bleuel, PhD, Professor of Decision Sciences