
Customer Winback
Overview of Customer Winback
In "Customer WinBack," Griffin and Lowenstein reveal why recapturing lost customers is 8x more profitable than acquiring new ones. Microsoft and Ford already implement these strategies - could your business be hemorrhaging profits by ignoring the customers who've already left?
Key Themes in Customer Winback
- customer defection analysis
- relationship recovery strategies
- customer lifetime value
- churn prevention
- win-back marketing
Quotes from Customer Winback
Lost customers aren't necessarily gone forever-they're simply waiting to be invited back.
Not all lost customers are worth pursuing.
Trust is the foundation of all business relationships, and when it erodes, defection follows.
Early intervention is critical.
Assume every online customer is constantly at risk and personalize your approach accordingly.
Characters in Customer Winback
- Jill GriffinCo-author and expert on customer loyalty
- Michael W. LowensteinCo-author and customer retention strategist
Download Summary of Customer Winback
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