Optimizing Business Retention with Flexible Subscription Models and Repeat Billing

Business8 months ago

Source: Optimizing Business Retention with Flexible Subscription Models and Repeat Billing

Did you know that it can cost you five times more to acquire a new customer than retain an existing one? Also, the success rate of selling to a current customer is 60% to 70%, which is significantly higher than the success rate in case of a new one (5% to 20%). So, it’s evident that improving loyalty and retaining customers is essential for your UAE business to survive and thrive.