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Customer expansion: Grow your bottom line with these AI-powered upsell and cross-sell strategies

Rev

Well, here are some questions you need to consider: How do you know if your customers are ready for cross-sells and upsells? You may have heard that customer retention is 5x cheaper than customer acquisition. But have you also heard you have a 60-70% chance of selling to an existing customer ?

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Customer Retention Emails For Customer Loyalty

SmartBug Media

A successful email marketing strategy includes post-purchase emails that drive engagement, revenue, loyalty, and, ultimately, customer retention. They are cost-effective, increase brand loyalty, reduce customer churn, and generate more revenue for your business. Transactional emails are just one type of customer retention email.

Loyalty 59
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How to Effectively Scale Your B2B Business: Five Points to Cover

Webbiquity

Upsell and Cross-Sell. Existing clients provide a readily available market you can further capitalize on through upselling and cross-selling. Considering that customer retention is five times cheaper than acquisition , it provides a highly cost-effective route to upscaling. Emphasize Simplicity.

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The B2B case for retention marketing: 7 key tactics

Martech

B2B retention marketing finally has its day For as long as I’ve been in B2B marketing (don’t ask), lead generation and new-account acquisition have been the top priority for marketers. They have also been trained in concepts like customer management, LTV and the financial value of loyalty.

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Does Your Growth Strategy Need an Intervention?

Vision Edge Marketing

Evolving Customer Needs and Foster Loyalty : In his book, The Practice of Management , Peter Drucker declares there is only one purpose of a business: to create a customer. Lower Churn and Customer Acquisition Costs : Happy customers are a powerful asset. Market Development : Entering new markets or reaching new customer segments.

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How to Build Trust With Your Customer Marketing Strategy

Marketing Insider Group

Many B2B companies spend a large amount of their marketing budget on customer acquisition. Delivering value over the course of a customer’s relationship with your company will drive loyalty, and ultimately, advocacy. Increasing Customer Loyalty and Retention. One area companies often neglect to invest in is customer marketing.

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How BODs Can Architect Better Strategic Customer-Centric Designs | What’s Your Edge

Vision Edge Marketing

For B2B companies who desire to acquire and gain market share and category ownership , and to build customer trust and customer loyalty , customer-centricity is paramount. This shift in focus translates to tangible business value, such as increased customer loyalty, referral rates , and brand preference.

Design 225