Whois & Analysis for zinrelo.com

Referral marketing is a method of promoting products or services to new customers through referrals, usually word of mouth.

Such referrals often happen spontaneously but businesses can influence this through appropriate strategies.

Customer retention refers to the ability of a company or product to retain its customers over some specified period.

High customer retention means customers of the product or business tend to return to, continue to buy or in some other way not defect to another product or business, or to non-use entirely.

Selling organizations generally attempt to reduce customer defections.

Customer retention starts with the first contact an organization has with a customer and continues throughout the entire lifetime of a relationship and successful retention efforts take this entire lifecycle into account.

A company’s ability to attract and retain new customers is related not only to its product or services, but also to the way it services its existing customers, the value the customers actually generate as a result of utilizing the solutions, and the reputation it creates within and across the marketplace.

The loyalty business model is a business model used in strategic management in which company resources are employed so as to increase the loyalty of customers and other stakeholders in the expectation that corporate objectives will be met or surpassed.

A typical example of this type of model is: quality of product or service leads to customer satisfaction, which leads to customer loyalty, which leads to profitability.

Loyalty programs are structured marketing strategies designed by merchants to encourage customers to continue to shop at or use the services of businesses associated with each program.

These programs exist covering most types of business, each one having varying features and rewards schemes.

In accounting, revenue is the income that a business has from its normal business activities, usually from the sale of goods and services to customers.

Revenue is also referred to as sales or turnover.