Maximize Customer Lifetime Value (CLV) and Retention through Loyalty

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MageNative x Growave Maximize Customer Lifetime
Value (CLV) and Retention through Loyalty
March 22, 2023
930 PM IST
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Featured Speakers
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Aidai Kul Partnership and Growth Strategist
Rupanshi Soni Software Developer
_at_Growave
_at_MageNative
Agenda Do most of your customers stop transacting
with you after a certain time? Even after
listing quality products at competitive prices,
do you have very few repeat customers? If the
answer of any of these is a yes, beware - your
customer lifetime value (CLV) is probably
dropping. Did you know the ideal customer
lifetime value should be 3X of your customer
acquisition cost? And in case you are not meeting
this, you are probably spending more to acquire a
customer and earning less from them. But this
can be reversed! With strategic marketing, you
can definitely earn more than you spend on your
customers. Now marketing not only means promoting
your brand, it also indicates staying relevant to
your customers and eventually encouraging them to
make a purchase. Use of loyalty programs for the
same reason is now a trend, as well as a
necessity.
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Want to combat unsteady CLV, retention, sales and
much more? Or looking for ways to stay relevant
to your buyers and earn repeat purchases?
Customer loyalty programs can be your
savior! Explains pretty much why around 5.55
billion is spent globally for loyalty
programs. They definitely have the spark that can
reduce churn rate and increase retention, thereby
bringing greatly profitable business.. Now what
it takes to set up the most productive loyalty
programs? Thats undeniably a genuine concern as
an improperly planned one is prone to failure!
But MageNative assures your success! To sharpen
your prowess, MageNative collaboratively comes
with Growave - an expert of leveraging loyal
customers with more and more repeat purchases
with loyalty programs in the next webinar. So,
fasten your seat belts and get ready to be a part
of our interactive knowledge sharing session.
What Youll Learn
01 What is Customer Lifetime Value (CLV)? Why
does it drop?
02 How do loyalty programs retain the customers
and increase CLV?
03 How to set up the best loyalty programs for
your brand - best practices
When to join us? Time is running! Take a minute
to register yourself for a webinar happening on
March 22, 2023
930 PM IST
Register Now!
Previous Webinar From A Startup-To-Unicorn 10X
Repeat Purchases Through An Integrated
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tumultuous period from our experts whove been in
the eCommerce industry for several
years. February 15, 2023 930 pm IST Wat ch Now
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