How Have Pathwwway Limited Changed the Face of Modern Customer Retention?
The
concept behind customer retention is simple. Your goal as a business is to
maximise customer loyalty, because there are only a tangible number of clients
for any given business or industry. However, returning and loyal customers are
not an easy goal for reaching, especially when you seek to build a profitable
brand with excellent sales. A famous sales adage is that 80 per cent of sales
come from 20 per cent of customers.
It
is observed that a five per cent increase in customer loyalty led to the rise of
average profit per customer by 25 to 100 per cent. Customer loyalty programs
are the key to effective business operations. Maintaining existing customers is
the key. In a market as competitive as it is now, where decisions are made by
customers, who can switch rapidly with regard to their service provider or
supplier, exceptional customer retention is essential. Here’s how Pathwwway
Limited can help:
- Connecting with the Customers
Modern
customers are overwhelmed by brand messages. In a noisy marketplace, standing
out from the clamour for grabbing the eyeballs requires careful planning. Your
customer retention programs need to be real and connect with customers at a
deeper level. For example, current audiences or customers watch live streams
for 3x times more than pre-made, scripted video content. Brands need to focus
on growing a sense of trust and credibility, building your brand’s
authenticity.
- Geo-Targeting and Joining the Conversation
The
further technologies advance, the more brands need to focus on a productive
conversation with the consumer. Interactive models and channels of
communication are rapidly gaining ground, as social media has impacted how
customers react, respond and make purchases. Using the latest technologies,
geo-targeting and a focus on promotional messaging that is context specific,
retention marketing is undergoing a sea change with Pathwwway Limited on the scene.
- Data-Driven Retention Strategies For Growth
The
loyalty program’s focus has now shifted to high-value members who bring more
profits to your business. Pathwwway specialises in data-driven retention
strategies for growth. The aim is to take a closer look at data, analyse
customer interactions, patterns of shopping, loyalty trends and approaches
towards the brand at large.
Running
interactive operations also enables your brand to see what works and what does
not. Loyalty hacking delivers instantaneous results. Machine learning impacts
the way brands communicate with loyalty program members, too. With robust
helpdesk software from Pathwwway partner, LiveChat Inc., this leading retention
solutions provider has also revolutionised customer care or service.
- Building Influencer Loyalty
The
concept of influencer loyalty is driven by celebs and trend setters using online
testimonials, videos and referrals to drive business growth. Aligning customer
experience with brand purpose is the key. The aim is to provide a memorable
experience and encourages customers to return to your brand. Customer
experience is the new king-maker in the age of the customer. Entering into a
strategic alliance with Pathwwway Limited is the key to making sure your
customer retention strategies reign supreme, given that the customer is king
and brand loyalty in a competitive market is hard to attain.