{"id":19816,"date":"2019-10-17T14:14:49","date_gmt":"2019-10-17T11:14:49","guid":{"rendered":"https:\/\/www.ibtdi.com\/?p=19816"},"modified":"2019-10-17T02:41:16","modified_gmt":"2019-10-16T23:41:16","slug":"customer-sustainability","status":"publish","type":"post","link":"https:\/\/www.ibtdi.com\/en\/customer-sustainability\/","title":{"rendered":"Customer Retention: Your Path to Long-Term Investment"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/hbrarabic.com\/wp-content\/uploads\/2017\/08\/%D9%87%D8%A7%D8%B1%D9%81%D8%A7%D8%B1%D8%AF-%D8%A8%D8%B2%D9%86%D8%B3-%D8%B1%D9%8A%D9%81%D9%8A%D9%88-%D8%AA%D8%AD%D8%AF%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B3%D8%A4%D9%88%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%D9%8A%D8%A9.jpg\" alt=\"\u0646\u062a\u064a\u062c\u0629 \u0628\u062d\u062b \u0627\u0644\u0635\u0648\u0631 \u0639\u0646 \u0627\u0633\u062a\u062f\u0627\u0645\u0629 \u0627\u0644\u0639\u0645\u0644\u0627\u0621\" width=\"625\" height=\"351\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">It\u2019s hardly a new idea that customers matter. Many companies and organizations firmly believe this, yet know little about customer retention. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">or how best to achieve this marketing goal.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The fundamental philosophy of marketing is to create optimal value for customers. But there\u2019s a significant gap between what companies say and what they actually do; some <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">strategies can alienate customers and, as a result, backfire.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">What\u2019s striking is that companies spend a great deal of money on customer satisfaction and related efforts without necessarily retaining those customers.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">Customers as Assets!<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">A company\u2019s value comes from the value of its customers\u2014but do companies truly realize this? Seeing customers merely as people with a little money to collect from them by<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> selling a particular product at a specific time or in a particular situation is simply short-sighted thinking.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Even beyond marketing and its underlying philosophy, what matters most for any investment is the future, not the present. Accordingly, all investors and business owners seek <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">capital to ensure their institutions and companies remain viable in the future.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">But how can they do that? In fact, the only way for these businesses to survive is to ensure the continued support of their funders and the loyalty of the customers they serve.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Accordingly, if we can identify and determine the value of a company\u2019s current and future customers, we can determine the company\u2019s actual value,<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> its market share, and even forecast its future growth rates and how many customers it can attract.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">Attracting Customers and Generating Profit:<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Despite the great importance of the customer as such, attracting customers alone will not be enough to generate profit. For example, if we assume that<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> a company relied on <a href=\"https:\/\/www.ibtdi.com\/en\/digital-marketing-3\/\">Marketing Strategy<\/a> such as reducing the prices of certain products or giving every customer who buys the product a free ticket to travel anywhere in the world, <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">sales will increase, but profits may not.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The gap between marketing strategies and financial costs must be bridged, and marketing planners must focus on generating profit<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> or attracting high-value customers. What matters is the value we gain from customers, not attracting the largest possible number of them.<\/span><\/p>\n<p>.<\/p>\n<p style=\"text-align: center;\">\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">Marketing Decisions:<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Customer sustainability is shaped by\u2014and is a response to\u2014the decisions and strategies a company adopts. At the same time, it also influences those marketing decisions. A company <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">that sets out to create lasting customer relationships will make marketing decisions and adopt strategies that differ radically from those of a company focused solely on generating profits <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">temporary, or those that have not made customer sustainability a priority.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">In any case, a sustainable customer is not simply someone from whom a company can generate more profits, but someone the company considers one of its assets,<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> whose presence it sees as the secret to its own existence and the guarantee of its continued success.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Creating this kind of customer is one of the most important and valuable marketing goals. Beyond the idea of generating financial profits, the benefits a company gains from this <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">type of customer go far beyond profit alone.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>&nbsp; \u0625\u0646 \u0627\u0644\u0642\u0648\u0644 \u0628\u0623\u0647\u0645\u064a\u0629 \u0627\u0644\u0639\u0645\u0644\u0627\u0621 \u0644\u064a\u0633 \u062c\u062f\u064a\u062f\u064b\u0627 \u0641\u064a \u0648\u0627\u0642\u0639 \u0627\u0644\u062d\u0627\u0644\u061b \u0641\u0643\u062b\u064a\u0631 \u0645\u0646 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0648\u0627\u0644\u0645\u0624\u0633\u0633\u0627\u062a \u0627\u0644\u0645\u062e\u062a\u0644\u0641\u0629 \u062a\u0624\u0645\u0646 \u0625\u064a\u0645\u0627\u0646\u064b\u0627 \u062c\u0627\u0632\u0645\u064b\u0627 \u0628\u0630\u0644\u0643\u060c \u0644\u0643\u0646\u0647\u0627 \u0644\u0627 \u062a\u0641\u0642\u0647 \u0634\u064a\u0626\u064b\u0627 \u0639\u0646 \u0627\u0633\u062a\u062f\u0627\u0645\u0629 \u0627\u0644\u0639\u0645\u0644\u0627\u0621\u060c<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":19817,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ibtdi_aa_focus_keyword":"","_ibtdi_aa_secondary_keywords":"","_ibtdi_aa_audience":"","_ibtdi_aa_tone":"","_ibtdi_aa_summary":"","_ibtdi_aa_reviewer_name":"","_ibtdi_aa_reviewer_bio":"","_ibtdi_aa_reviewer_url":"","_ibtdi_aa_reviewed_date":"","_ibtdi_aa_service_id":"","_ibtdi_aa_related_ids":"","_ibtdi_aa_human_reviewed":"","_ibtdi_aa_disable":"","_ibtdi_aa_disable_links":"","_ibtdi_aa_sources":"","_ibtdi_aa_update_notes":"","footnotes":""},"categories":[491],"tags":[1026,19775,14545,781,12307,19776,1676,3705,5647,5072],"class_list":["post-19816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-491","tag-1026","tag-19775","tag-14545","tag-781","tag-12307","tag-19776","tag-1676","tag-3705","tag-5647","tag-5072"],"_links":{"self":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/19816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/comments?post=19816"}],"version-history":[{"count":0,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/19816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media\/19817"}],"wp:attachment":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media?parent=19816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/categories?post=19816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/tags?post=19816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}