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

25%

25% -- profit boost from retention increase for companies increasing customer retention by 5% (2024)

2024  · Harvard Business Review

Increasing customer retention by 5% can boost profits by 25% to 95%

  • Reported as a range of 25% to 95%
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Attribution: Harvard Business Review View source
Lighthouse Research Team
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Source verified Evidence graded
Value
25%
Unit
Percentage
Data Vintage
2024
Entity
companies increasing customer retention by 5%
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

Single source - not yet corroborated

Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Harvard Business Review Primary Tier C
https://noirdove.com/why-email-marketing-is-underutilised-by-cybersecurity-companies/ ↗
Confidence: 48/100 Vintage: 2024 Channel: Deep Crawl
Source Article
Why Cybersecurity Email Marketing is an Untapped Asset
A cybersecurity firm spends months developing antivirus software. They use the latest technology, invest millions of dollars in research, and hire the best security software developers and programmers. But when it comes to marketing, they often overlook their best asset – Email marketing. With the i…
Original Research
Harvard Business Review · Original study ↗

Range 25-95%, midpoint used; cited from Harvard Business Review 2024

Methodology documented
Industrymarketing
Plain Text
companies increasing customer retention by 5%: 25% profit boost from retention increase. Source: Harvard Business Review (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/retention-profit-boost-hbr-2024
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<blockquote cite="https://lighthousedata.io/data/retention-profit-boost-hbr-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>25%</strong> -- profit boost from retention increase for companies increasing customer retention by 5%<br><small>Source: Harvard Business Review (2024) · <a href="https://lighthousedata.io/data/retention-profit-boost-hbr-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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