Whether you’re referring to your employees, customers, or followers, calculating retention has proven to be beneficial.
Calculating retention allows you to measure satisfaction, and also increases your profitability.
Calculating retention also allows you to measure what is effective; You are then able to develop retention strategies that cater better to your target audience in addition to reducing marketing costs.
The best strategy is to find a balance between acquisition and retention. It’s all very well acquiring new customers, but the real value is in keeping them over time.
5 benefits of calculating retention are below:
1.Improved CLV: Customers who stay longer spend more.
2.Data: If you are retaining customers, then you have data on purchase history and behaviour to inform future strategy,
3.Reviews and ratings: Loyal customers are more likely to leave positive reviews of your products or services.
4.Recommendations: Happy customers are more likely to recommend you to their friends and family.
5.A reputation for service
Learn more about who we are and what we do! 🍃Ask a member about our Annual Meeting | August 8th | 😎
Do you know what a fledgling is? Can you believe that this great horned owl JUST fledged, or left, its nest for the first time? We captured it on camera and were AMAZED. What a beauty. 🦉 #WildlifeWednesday
We are working with the Karen to install gravity fed clean water systems. Karen volunteers from a village will plan, build and maintain the project themselves with the supervision of our experienced Karen construction team. ⠀
Everyone has the right to #water
however 31% of the Karen are still reliant on surface water as their main drinking source. ⠀
We are working with the Karen to stop this. Get involved! Visit buff.ly/2zOjcMx ⠀
#waterwednesdays #water #ngo #nonprofit #thailand #development #Sustainability #health #maehongson
🗣🗣🗣 Business owners it’s not too late to purchase a Ad in our program book for Black Nurses Rock- Ocala, Fl Chapter 2nd Annual Scholarship Gala. Starting Ad price as low as $25.
Partner with us to help our community. Click on our website www.bnrocalafl.com and use the donate button then email you logo/wording to email@example.com
Thank you all for continuing to help us make this possible. We couldn’t do it without you. ~ BNR Ocala members ☺️ 💖PRICE LIST:
FULL PAGE - $100
HALF PAGE - $50
QUARTER PAGE - $25
We’re excited to join the world of Instagram! Stay tuned for #impact
information and more!
We are so honored that @kidsclubinternational
will be partnering with The Bob Marley Foundation. We will give a scholarship to 10 primary school students through “The Marley for Education 2018 Programme”. As we have altered our mission we now look forward to empowering youth through education, mentoring & everyday necessities.😊🌍❤️✈️ #kidsclubinternational
$10,000 per month, every month, forever, to use in one of the most effective types of advertising in the world. Crazy right? My guest this week was Grant Hensel from @nonprofitmegaphone
, and I asked him how nonprofits can use the Google Ad Grant, how to get it, and all the restrictions on how it can be used. 📣💸🔎
Side note: I LOVE Nonprofit Megaphone. They will help you get the Google Ad Grant for FREE, and then they offer affordable management services so you don’t actually have to worry about creating ads, analyzing their performance, and tweaking them regularly. I highly recommend you check them out!
Subscribe to the Nonprofit Jenni Show on your favorite podcast platform! You can send in your anonymous questions, Submit A Brag nominees, and episode topic ideas at patreon.com/nonprofitjenni! 🎙🎧💗
We are thankful to groups like Democrats DCCC for donating their time to our health campus. The volunteers helped our clients in the food pantry with their grocery selections and also cooked up a delicious meal in our hot meals program. If you are interested in volunteering, visit myresourcecenter.org/volunteer
Thrilled to introduce our 3 newest Board Members - Graham Bell, Angi Daus, & Ronnie Cox. Learn more about them in a featured Noozhawk article (link in bio)
Hatfield staff had great fun sorting the warm items you brought for our Mandela day drive. Thank you very much. Looking forward to seeing you on one of our various outreaches this weekend #HCCMandelaDay
Do YOU have any exciting road trips planned for the summer?
We want to wish Mr.Larry, the Seamark School’s principal, a Happy Birthday! Larry joined the Seamark family in the Fall of 2016, and we have been so thankful for him ever since. Comment your best birthday wishes below🎂 .
#seamarkranch #birthdaywishes #nonprofit #seamarkschool
It is currently a beautiful summer morning with a perfect temperature at 68°F at Alasa Farms! Come say hello to these two friendly farm animals on this gorgeous day! ⛅🦃🐐😎
Felicidades es Lupita
Happiness is Lupita
Metallic on metallic? YES PLEASE! ✨
added metallic flowers over her swatch of @kidskonnected
𝙆𝙞𝙙𝙨 𝙃𝙚𝙡𝙥𝙞𝙣𝙜 𝙆𝙞𝙙𝙨 ✨
We are having a 20% off FLASH SALE today so make sure to take advantage of it! Promo Code: FLASHSALE💕
We are proud to partner with @adidas
for 100s of reasons. This is one of them. Sure, people who work there care about sports. But they also care about ensuring a future where they can be played. “The global sportswear maker said (this week) that it has committed to using only recycled plastic by 2024” @cnnmoney
I am so proud to introduce some of our future leaders and innovators, the 2018 class of the Cyberjutsu Girls Academy(CGA)!
This is my second year as a volunteer for CGA, a non-profit that mentors, inspires, and enriches girls in Science, Technology, Engineering, & Math. The girls attend interactive workshops one Saturday a month where they will be empowered through the development of not only STEM skills, but public speaking, team building, and leadership as well.
My alma mater, Virginia Tech, is involved for the first time this year, hosting CGA each month at the VT Thinkabit Lab in Falls Church. I may be biased, but hopefully we've got future Hokies in the making here!
#girlsinSTEM #girlpower #giveback