Remove 2010 Remove Accounting Remove Consumer Remove Customer Retention
article thumbnail

“No immediate impact”: Experts weigh in on Senate Committee’s recommendations

Inside Retail

This week, the Senate Committee on Supermarket Prices made 14 recommendations for the Government to consider amending the Competition and Consumer Act 2010 to end the alleged price gouging of the major supermarkets. This will allow consumers to align and ‘buycott’ from a supermarket that promotes their values.

article thumbnail

Guest Post: The Shocking Percentage of Customers Who’d Leave Your Business Due to Bad Service – and What You Can Do About It

Hyken

According to Forbes, 96% of customers would leave your business if you deliver a bad customer experience. . In saturated markets, customer service is a key differentiator. Consumers have a multitude of options available to them nowadays, so it’s easy for them to leave your business for a competitor.

article thumbnail

6 of the Best Ways to Retain Customers in Retail

Indigo 9 Digital

Think about all of the effort you put into acquiring your current customer base. Consumers buy things from people and retailers they trust. If you look at companies like Apple and Amazon they do a really good job of increasing sales from their existing customer base. Both of these products were and still are hits with consumers.