Amazon AWS Podcast Appearance
In this podcast for Amazon AWS, I cover my journey, customer lifetime value, onboarding, personalisation, challenges in recurring revenue models, data-driven retention strategies, AI and more.
In the words of the Amazon AWS team; “If you're looking to improve your subscription business or deepen customer loyalty, this conversation is packed with valuable tips and strategies."
00:00 - Introduction: Meet Dwyane Browne and Tom Burrell
00:40 - My Journey in Retention
01:27 - How CRM and Personalisation Have Evolved
03:00 - Challenges in Recurring Revenue Models
04:13 - Focusing on Customer-Centric Strategies
05:06 - Maximising Retention for High-Value Customers
07:26 - Focussing on the Right Customers at the Right Moments
09:51 - Personalising Customer Engagement
12:18 - Understanding and Measuring CLV Correctly
14:21 - Data-Driven Retention Strategies
17:05 - Differentiated Service & CX
18:40 - Martech and Identifying the Data You Truly Need
20:48 - Why Moments of Truth Are Key to Retention
22:09 - Why Bad Profits Damage Your Business
25:37 - Generative AI and Customer Retention
29:40 - Importance of Customer Onboarding
31:46 - Embedding Your Brand Into Your Customers Lives
32:57 - The Biggest Retention Risk - Customer Alienation
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