Acquiring new customers is important, but retaining existing customers is more profitable. Yet most companies invest the majority of their budget in acquisition. What are the real costs? Where are the opportunities?
This page compiles 50+ up-to-date statistics on customer loyalty and retention, sourced from research by Bain & Company, Harvard Business Review, Gartner, Salesforce, HubSpot and other reputable sources. Whether you're optimizing your retention strategy or building a business case for a loyalty program: this data gives you the evidence you need.