Customer Contract or Subscription Renewing Soon? Use Facebook Ads to Improve Renewal Rates
by Kim Snider - Get free updates of new posts [thrive_2step id='749']here[/thrive_2step]
Do your customers have renewing contracts or annual subscriptions?
Use Facebook ads based on custom audiences you’ve synced with Sync2CRM to start reminding customers why your products and/or services are so valuable and what pain customers face if they decide not to renew their agreements with you.
Depending on the type of contracts and agreements you have with your customers and clients will determine how much time prior to the contract/subscription renewal date you should start your “renewal nurture” campaign(s).
Most people want to stick with what they have and nurturing them prior to agreement renewals will drastically improve your contract renewal rates and allow you to grow your customer life time value (LTV).