When marketers talk about “win back” strategies, they are usually referring to campaigns created to get churned customers to re-engage. However, this traditional view consistently delivers minimal win backs because the programs are executed after the battle has already been lost.
Most often in these situations marketers are desperate, and the effort is often accompanied by a deep discount or other incentive that tends to bring back the least profitable and highest-maintenance customers.
In the end, winning back lost customers is a losing strategy; instead, marketers need to win back customers before they churn.
So, how can you keep more customers and avoid having to win them back? It’s about thoughtfully engaging with users in the moment during every interaction.
That may sound obvious…and daunting. But what it really comes down to is being smart about your customer data.
Here are four sure-fire ways to make sure you are focused on the right areas: