Hospital Branding: Move aside customer acquisition and retention, it’s time to focus on customer reactivation
Regardless of the business or industry you’re in, strategic marketing plans have long referenced initiatives for both customer acquisition and retention. Strategies and tactics are focused on either gaining new customers or keeping them. The pandemic has caused (among many other things) an entirely new customer focus that has been receiving a lot of attention among marketing departments; reactivation . Simply put, reaching and motivating existing customers to once again use your services. For any business that is not solely online, this is a critical objective that has significant impact on revenue and growth. The concept of customer reactivation includes other key differences than those of its acquisition and retention counterparts: Competition Customer reactivation brings on a whole new level of competition that has nothing to do with your competitors. Basically, you’re not competing against other businesses or organizations –...