What is Customer Retention?

What is Customer Retention?

While this sounds like a simple question, it should provoke several thoughts that will help you get your arms around this concept, which is critical to the long-term growth of a business. Let’s start with Wikipedia. It defines customer retention as the activity...
5 Leading Indicators of Organic Growth

5 Leading Indicators of Organic Growth

To maximize organic growth, businesses must acquire new customers and get existing customers to stay with them and buy more products and services. Sounds simple. If it were, though, we wouldn’t hear so much about businesses declaring bankruptcy or planning layoffs....