Do you know Customer Acquisition Vs. Retention [Infographic]

I think we talked many times about it and the game did not change. However, the Infographic compares the difference of efforts organizations to take for customer acquisition and customer retention.

I hope I do not repeat myself too often but who does not know the investment which is 1:5 but could result in more than 20% increase in profit if you focus on your loyal customers.

44% of companies have a greater focus on customer acquisition vs 18% that focus on retention, how would this result be different if more would focus on retention. Looking into companies which split their budgets we see only 40$ who do this and 30% of agencies only. Most investments go into website, email or social media sites, while above 50% focus on direct mail, SEO/PPC or web banners. 

Below we can find out how many organizations still invest into acquisition, which channels they prefer, how many see key factors in which method, how marketers use online channels, which digital marketing tactic is preferred and what do statistical numbers tell us.

This infographic hones in on customer acquisition vs. retention, courtesy of Invesp Consulting.