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NGR's Blog

A weblog is an online, semi-personal journal offering the opinion and commentary of the authors.

Our blogs feature thought leadership on a wide range of business issues, with a particular focus on helping companies grow. Here you'll also find blogs about emerging technologies and career experiences from select employees. The opinions of the writers do not necessarily reflect the position of NGR on these subjects.

3 Cost-effective customer loyalty strategies for companies of all sizes

CRM solutions are available as cloud and enterprise models for organizations of all sizes and specializations. Ensuring you retain customers and convert leads is essential to stay afloat and grow in the long term.

Social CRM which is continually gaining in popularity is an effective way for everyone in your organization to track competitors and their offerings while simultaneously devising counter strategies. With conversation tracking tools which capture social conversations based on specific keywords, there are unlimited possibilities to gain a stronger foothold and understand customer mindsets.

CRM solutions also facilitate capturing each competitor and mapping their products to yours to enable accurate analysis of lost/ won deals.

Real-time analytics will facilitate devising instant steps to turnaround opportunities that are almost lost to competitors.

In addition, ensuring a consistent customer experience will also lead to low customer attrition and more word-of-mouth advocacy.

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Thursday, 21 November 2024