Customer retention is a company ability to keep existing customers over a period of time, measuring how many continue buying or using the service instead of switching to competitors.
Retaining an existing customer costs 5 to 25 times less than acquiring a new one, and a 5% increase in retention can boost profits by 25% to 95%. Retention strategies include proactive communication, loyalty programs, post-sale follow-up, and exceptional service. WhatsApp is a powerful retention channel because it maintains a direct line to the customer. Tecca contributes to retention by responding to your customers on WhatsApp with consistent 24/7 response times and sending automated reminders for appointments booked in Google Calendar, preventing churn caused by slow attention.
Tecca leverages customer retention to help businesses automate their WhatsApp communications. Our AI-powered platform makes it easy to implement these strategies without any technical knowledge.
Common questions about customer retention
Start automating your WhatsApp business communications with Tecca today.