This emphasis on acquisition has blindsided many brands who have failed to adjust to new technologies that have enabled a shift in power to the consumer. It’s now faster and easier than ever before for customers to switch brands, no matter what industry.
The data backs this up: after 90 days, the average churn on mobile apps is 80%, and across all digital channels only 20% of users return for a second purchase.
In this guide, our customer engagement specialists have pulled together real strategies that they have seen work in the field that will make every interaction count towards your bottom line.