According to Pagely, data shows that loyal customers are worth 10 times their initial transaction and are 65% easier to sell to than new clients. Studies also show that a small 5% increase in customer retention can boost profits by 25% to 95%.
It’s also much more expensive trying to win new business. Depending on which study you believe and what industry you’re in, acquiring a new client is anywhere from five to 25 times more expensive than retaining an existing one.
Advocado's platform helps you both retain existing clients and attract new ones by delivering results your non-Advocado powered competitors can't.
Before Advocado, there was no way for you to surgically adjust digital campaigns with perfect timing to TV commercials running in real-time with both local market precision and national scale.
Advocado makes it possible for you to connect with consumers during that precise moment when they want to know, go, do, or buy.
With Advocado’s Solutions, you can feel confident that you are connecting your clients' omni-channel efforts. With our real-time data, you will know if a campaign is working as it should. You’ll have the ability to adjust in real-time instead of waiting 30 days or more to analyze results and determine success.