Companies think they have a retention strategy

They don’t.
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→ Your welcome message isn’t a retention strategy.
→ Your month 1 check-in? Still not a retention strategy.
→ Your email marketing campaign isn’t a retention strategy.
→ Your boss saying they care about retention? Not even close.
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A retention strategy means knowing exactly what your company is doing on day 1, day 30, day 180, day 240, and beyond.
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Most companies don’t have that kind of clarity.
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In fact, most lose sight of the customer after the first month.
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Here’s how you fix that:

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Months 1-4: CRISP
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– Communicate constantly
– Reaffirm the value proposition
– Implement and simplify onboarding
– Support customers with training
– Prioritize service excellence.
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Months 5-8: CARE
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– Check-in and get feedback
– Audit billing and payments
– Resolve problems fast
– Ensure product reliability
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Months 9-12: GROW
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– Gauge and quantify value
– Reward loyalty
– Offer new innovative products
– Word-of-mouth: incentivize referrals
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Get retention right.
Fix your business.
Increase LTV.

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