Back to feeds

Mehul Fanawala

Ā ā€¢Ā 

The Clueless CompanyĀ ā€¢Ā 8m

"Customer Retention" isn't just a strategy. It's an attitude. If you don't value your customers because they matter... If you don't respond to their queries because you care... If you don't genuinely want to see them satisfied... Your business model needs a compassionate reboot. (yes, I know this is a direct suggestion) But I see too many companies focusing solely on acquisition and neglecting retention. And then... Publishing about "valuing customers" the very next day. As someone who dedicates countless hours to understanding and improving customer retention, this disheartens me. Let's be more conscious about retaining, friends. P.S. Do you believe in the power of customer retention?

0 replies4 likes

More like this

Recommendations from Medial

Image Description

Mehul Fanawala

Ā ā€¢Ā 

The Clueless CompanyĀ ā€¢Ā 8m

Most SaaS companies spend 90% of their resources trying to acquire new customers, but only 10% on retaining them. Surprising, right? šŸš€ ā†’ Your most valuable sales reps are your current satisfied customers. ā†’ Retention boosts profitability by 25-95%

See More
1 replies15 likes
4
Image Description
Image Description

Arin Agrawal

StealthĀ ā€¢Ā 7m

How many of you know about (Churn Rate) Churn rate, or customer attrition, measures the percentage of customers who stop using your product or service over a period. It's crucial for businesses, especially those with subscription models, as it direc

See More
3 replies14 likes
2
Image Description

Om Shukla

StealthĀ ā€¢Ā 28d

Hey! I am looking for a full time role into customer support or Sales. I have a 5+ years of experience into the same domain also into customer retention. Would love to join a startup anytime if you guys are open to give me a WFH opportunity. Thank Yo

See More
2 replies7 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

StealthĀ ā€¢Ā 11m

Ycombinator Day 4: šŸš€ Mastering Product Building, User Talks & Growth Strategies! Key Insights šŸ¤©šŸ¤”šŸš€: ā€¢ Don't build secretly, get users from the start ā€¢ Learn the problem deeply, identify customer segments ā€¢ Define minimum viable product (MVP) ā€¢

See More
3 replies7 likes
Image Description
Image Description

PRATHAM

Ā ā€¢Ā 

MedialĀ ā€¢Ā 5m

Is the customer always right ā‰ļø " Customers are rarely Right " - Mark Cuban This is because it's not the customer who comes up with idea or innovation it's entrepreneur who comes up with them. If thought customers are right then there should not

See More
8 replies9 likes
Image Description

Sahil Shaikh

StealthĀ ā€¢Ā 10m

You don't necessarily have to be absolutely competent in solving customers' problems to earn a good amount of money; all you need is to be a little intelligent in understanding how the fundamentals of money and business work in relation to the custom

See More
1 replies3 likes
Image Description
Image Description

Kush Katara

StealthĀ ā€¢Ā 19d

What would be your approximate Customer Lifetime Value (CLV)? You run a mobile app that offers premium subscriptions for ā‚¹500 per month. Last year, you acquired 1,200 new customers, and your marketing spend for customer acquisition was ā‚¹1.2 lakh.

See More
3 replies1 like
Image Description
Image Description

Inactive

StealthĀ ā€¢Ā 8m

What is Key Performance Indicators (KPIs) for startups ?: where metrics meet mayhem. āž¤ Revenue Growth: If you're not making money, you're just playing entrepreneur. āž¤ Customer Acquisition Cost (CAC): How much cash are you burning to get someone to

See More
2 replies12 likes
10
Image Description
Image Description

Rohith R

StealthĀ ā€¢Ā 3m

Most of the small business owners forget (or) don't care to calculate CLV. I recently had a call with my client who seems very frustrated with his marketing performance and sees marketing has money draining machine with no positive effects to compan

See More
5 replies7 likes
4
Image Description
Image Description

Harshita Yamsaniwar

StealthĀ ā€¢Ā 2m

Hello, I am new to this platform and would like some suggestions regarding my fatherā€™s business. He has been running a grocery store in our town for the past 25 years. A significant portion of our customers rely on credit-based purchases. However, ov

See More
10 replies16 likes

Download the medial app to read full posts, comements and news.