{"id":47,"date":"2023-04-15T09:39:29","date_gmt":"2023-04-15T09:39:29","guid":{"rendered":"https:\/\/www.smallbizgenius.net\/?p=47"},"modified":"2023-05-11T09:45:52","modified_gmt":"2023-05-11T09:45:52","slug":"brand-loyalty-statistics","status":"publish","type":"post","link":"https:\/\/www.smallbizgenius.net\/by-the-numbers\/brand-loyalty-statistics\/","title":{"rendered":"30 Essential Customer Retention and Brand Loyalty Statistics"},"content":{"rendered":"\n

Customer retention and brand loyalty are the healthy diet and exercise of retailing. We all know the benefits. We know we\u2019ll be sorry someday if we don\u2019t make an effort. But in the rush to promote products and break into new markets it\u2019s easy to put existing customers on the back burner. We\u2019ve already got their<\/em> business. What we need is growth, and that means new customers.<\/p>\n\n\n\n

Sound familiar?<\/p>\n\n\n\n

The statistics we\u2019ve gathered here illustrate the promise and peril of dealing with existing customers. We explore the cost of acquiring customers versus keeping them. The disproportionate contributions of your top customers. The dollars and cents of brand loyalty.<\/p>\n\n\n\n

No doubt you will find some of this terra cognita. You\u2019ll probably find some eye-opening new information too. We hope this data inspires and empowers you to set up loyalty programs and define customer retention strategies.<\/p>\n\n\n\n

Brand loyalty statistics from the United States, Germany, Brazil, Japan, the U.K., and other countries contribute to a complete, global view of customer dynamics. We\u2019ve collected 30 fascinating customer retention facts plus short comments, tips, and tricks you can use to encourage the people who shop in your store to keep coming back. Customer lifetime value will keep your business a success for years to come. <\/p>\n\n\n\n

Top Brand Loyalty Statistics, Editor\u2019s Choice<\/h2>\n\n\n\n