What is your vision for your conference customer? In case you are confused by the term conference customer, I mean your paying attendee or registrant. What is your vision for your conference customer, the paying attendee? How do you hope to help your paying attendee to grow, evolve or transform? What traits and characteristics do you desire to create in your customers through your conference experience? Those are some tough questions we need to consider. Many conference organizers have … [Read more...]
Designing Conference Customers, Not Just Traditional Conferences
We are thinking about conference innovation from the wrong perspective. We usually think about conference innovation as something we create for our paying attendees. Or we think about innovation as something we design with attendees through crowdsourcing. We need to make a critical leap. Conference innovation is a way to design attendees! Innovation should be treated as a medium and method for (re)desigining customer. ~ HBR author Michael Schrage. Evolving Your Conference … [Read more...]
Seven Customer Retention Strategies
Customer Retention Strategies from Jeff Hurt On average, U.S. corporations lose 50% of their customers every five years says business researcher Frederick Reichheld. An average company has a defection rate of 10%-30% of their customers each year, he says. Raising your customer retention by 5% can increase the lifetime value of your average customer by 25% - 100%. So how you do that? Seven Strategies To Use To Create Customer Loyalty And Retention Here are seven strategies from my … [Read more...]
