Uncover the story behind every churned customer by deep-diving into customers’ previous actions that led to uninstall or churn.
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Reactivation is the process of winning-back customers who have engaged with your brand in the past but haven’t interacted with your brand in a stipulated period and are about to drop off. It is more relevant and cost-effective for a business to reactivate customers rather than look for new ones.
Since they have engaged with your brand in the past and purchased your product, dormant are likely to generate a better stream of revenue if you win them back. Probability of getting inactive customers to become brand loyalists again is far greater than building loyalty from new customers. Instead of putting all your efforts into chasing new customers, brands should work on running reactivation campaigns focused on driving interest in dormant customers.
You can reactivate dormant or inactive customers in many ways. Here are some examples:
A good example of a reactivation campaign would be Airtel Wynk Music, where the team leveraged journey builders to identify and target dormant customers, study their reasons and patterns for going dormant, and used MoEngage’s insights-led engagement approach to launch push notifications campaigns. You can read the full report here.
Here are some actionable resources on customer reactivation that we've curated for you
How to Calculate and Increase Customer Lifetime Value (LTV) in Mobile Marketing
How to Calculate and Increase Customer Lifetime Value (LTV) in Mobile Marketing
How to Calculate and Increase Customer Lifetime Value (LTV) in Mobile Marketing
How to Calculate and Increase Customer Lifetime Value (LTV) in Mobile Marketing
How to Calculate and Increase Customer Lifetime Value (LTV) in Mobile Marketing
How to Calculate and Increase Customer Lifetime Value (LTV) in Mobile Marketing