Understanding the True Definition of Customer Acquisition
Customer acquisition simply means acquiring a customer. The challenge is businesses get fixated on customer acquisition. The challenge is businesses get fixated on customer acquisition and do not care enough about customer retention. The real issue is how do you keep these customers when you have them, and that is through providing a great customer experience once you have acquired them.
It’s all about Customer Experience.
Why do organizations spend so much money on acquiring customers only to lose them quickly?
A poor customer experience typically is the answer. CX is an intangible asset that adds extraordinary value in ensuring you keep the customers you acquire and improve your customer loyalty, customer retention and customer satisfaction.
To acquire customers you need to evoke the attention of customer emotions. Your experience needs to be interesting to enable your customer to explore your offer and to stimulate the customer into action. We can statistically prove how these emotions will affect value in your customer experience
Are you designing your experience in a way that attracts customers? We have had many successes implementing customer experiences and customer retention strategies that deliver true value.
Acquiring Customers Is Only The Beginning
Of course, customer acquisition is only the beginning. Once you have gone to the expense of acquiring customers you need to implement customer retention and customer loyalty strategies.
Building an effective customer experience program can make a world of difference in driving customer acquisition for your organization.
ACHIEVE CUSTOMER-DRIVEN GROWTH
Colin ShawCustomer Acquisition