Transform Your Business and Maximize Profits by Focusing on This Customer Retention Factor

The traditional method of judging success — ever-growing year-over-year sales increases — is antiquated. What matters more is Guest Lifetime Value, the amount of repeat business from loyal customers who visit more often and order more with no additional cost to the franchisee.

from Entrepreneur https://www.entrepreneur.com/growing-a-business/the-key-metric-you-need-to-use-for-rapid-franchise-growth/475753
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