B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

25%

25% -- profit increase from customer retention for businesses' customer retention programs (2013)

2013  · Harvard Business Review

Increasing customer retention rates by 5% increases profits by 25% to 95%.

  • Reported as a range: 25 to 95 percent increase in profits
Cite this stat Share How we verify
Attribution: Harvard Business Review View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
25%
Unit
Percentage
Data Vintage
2013
Entity
businesses' customer retention programs
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Harvard Business Review Primary Tier C
http://emailmarketingspecialisten.nl/2013/12/ ↗
Confidence: 72/100 Vintage: 2013 Channel: Wayback
Source Article
Four Reasons Your Business Should Host a Webinar in 2014
Chances are you’ve attended a webinar in the past 12 months. The popularity of this form of marketing is growing because it’s a proven form of lead generation. Part educational opportunity and part soft sales tool, webinars can be a great way to connect with your audience and build long-term relatio…
Also cited by
Original Research
Harvard Business Review · Original study ↗

Conditional finding cited from Harvard Business Review: increasing customer retention rates by five percent increases profits by 25 to 95 percent. Midpoint (60%) of the reported 25-95% range used per extraction rule; the full range is preserved here. Original research attributed to HBR (Bain & Company / Frederick Reichheld customer-loyalty research).

Methodology documented
Industrymarketing
Plain Text
businesses' customer retention programs: 25% profit increase from customer retention. Source: Harvard Business Review (2013). Via Lighthouse Intelligence -- https://lighthousedata.io/data/customer-retention-5pct-profit-increase
HTML Embed
<blockquote cite="https://lighthousedata.io/data/customer-retention-5pct-profit-increase" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>25%</strong> -- profit increase from customer retention for businesses' customer retention programs<br><small>Source: Harvard Business Review (2013) · <a href="https://lighthousedata.io/data/customer-retention-5pct-profit-increase" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
Share
Share on X Share on LinkedIn

Use this data in your work

Copy the citation, embed the widget, or explore thousands more verified marketing statistics -- all free.

Copy citation Explore similar stats →