Customer loyalty is the possibility that a customer will continue to transact business with you. This is a direct result of happy customers, and it takes precedence over other considerations like availability, cost, and quality. Fun fact: Do you that retaining existing consumers is five times less expensive than acquiring new ones? The typical conversion rate for existing clients is between 60% and 70%, whereas the average conversion rate for new consumers is between 5% and 20%. Thus, returning clients are more valuable than new ones. Increased profits are another benefit of customer loyalty. The more devoted your customers are,…

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