Using analytics tools to measure customer satisfaction allows for quick corrections. The most commonly used metrics include:
• Net Promoter Score (NPS): Measures the likelihood of a customer recommending the company;
• Retention rate: Indicates how many customers continue to buy over time;
• Life cycle: Analyzes the different stages of the customer's relationship with the company, from acquisition to retention or eventual churn.
In a saturated market, a company's competitive advantage lies not only in its product or price, but in the experience it provides to the consumer. Investing in personalization, content marketing, omnichannel strategies, and loyalty programs are essential strategies for attracting and retaining customers.
By adopting these approaches, companies can not only increase their sales, but also create a loyal customer base and brand advocates, ensuring sustainable and profitable growth in the long term.