Company
Date Published
Author
Mark Iafrate
Word count
604
Language
English
Hacker News points
None

Summary

In today's fast-paced business environment, attracting new customers is crucial for growth, but sustaining customer retention is equally important as it can be more than twice as powerful as acquiring new ones. To achieve this, companies need to identify their customers' pain points, uncover valuable insights from feedback and data, and create proactive support measures that drive value across the entire customer cycle. A three-step approach can help - first by understanding where and why customers are getting stuck, then organizing customer feedback, and finally proactively engaging and supporting them with tailored measures such as product tours and tooltips.