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What is relationship marketing: examples and strategies

BirdEye

Increase sales – Existing customers trust your brand and know your products, so they’re more likely to continue purchasing and engaging with your business. Grow brand awareness – Satisfied customers are likely to share their stories and promote your business in their immediate circle via word of mouth or social media channels.

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Customer Retention Strategies for Banks: Customer Experience is Key

ReviewTrackers

In banking, the annual churn rates on new customers hover in the 20 to 25 percent range during the first year, with half not making it past the first 90 days after opening their accounts. You can also link to your social media profiles and occasionally send out customer satisfaction surveys. More on this later.).

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Customer Retention in Banking: Strategies to Get You Started

ReviewTrackers

In banking, the annual churn rates on new customers hover in the 20 to 25 percent range during the first year, with half not making it past the first 90 days after opening their accounts. You can also link to your social media profiles and occasionally send out customer satisfaction surveys. More on this later.).

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