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How Fast are Your Customers Churning?

January 25th, 2011 (No Comments)

In the TMC.net article titled A Challenge for T-Mobile: Reducing Sky-High Customer Churn Rates, author Tracey Schelmetic discusses the high turnover rate of customers at T-Mobile and what the company is doing about it. Essentially, over 2% of customers leave their long-term contracts monthly, or about 25% per year. To address that, the organization is […]

An Ice Cream Cone and a Princess – Lessons from Disney

January 20th, 2011 (No Comments)

The little girl was with her family at Disney World for the first time. She had just sat down to have her ice cream cone, and was wearing a princess outfit which was bought just for this special trip. As she started to eat, the ice cream fell off the top of her cone onto […]

How I Gave Away $5,000 in Free Consulting…and Didn’t Even Know It

January 19th, 2011 (No Comments)

I was giving a speech to the Charlotte Chamber of Commerce last year to small business owners, and a client came to co-present with me. The focus of the talk was Driving Customer Retention and Growth, and I was there to talk strategy, and my client talked about how his organization implemented that strategy – […]