Difference between revisions of "Customer retention"

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(Created page with "Customer retention is the percentage of customers who return to a service provider or continue to purchase a manufactured product. ==Definition== According to Managing...")
 
 
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According to [[Managing Quality by Foster (6th edition)]],
 
According to [[Managing Quality by Foster (6th edition)]],
 
:[[Customer retention]]. The percentage of customers who return to a service provider or continue to purchase a manufactured product.
 
:[[Customer retention]]. The percentage of customers who return to a service provider or continue to purchase a manufactured product.
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According to the [[Marketing Communications by Fill (5th edition)]],
 +
:[[Customer retention]]. The activities and strategies used by organizations to keep current customers.
  
 
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[[Category: Quality Management]][[Category: Articles]][[Category: Marketing Management]]
[[Category: Quality Management]][[Category: Articles]]
 

Latest revision as of 21:03, 12 July 2020

Customer retention is the percentage of customers who return to a service provider or continue to purchase a manufactured product.

Definition

According to Managing Quality by Foster (6th edition),

Customer retention. The percentage of customers who return to a service provider or continue to purchase a manufactured product.

According to the Marketing Communications by Fill (5th edition),

Customer retention. The activities and strategies used by organizations to keep current customers.