Customer Retention Manager

3 - 7 years

0 Lacs

Posted:2 weeks ago| Platform: Shine logo

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On-site

Job Type

Full Time

Job Description

As a Customer Retention Manager, your primary role will involve developing and executing strategies to enhance customer loyalty, retention, and lifetime value. You will collaborate closely with marketing, sales, and customer support teams to create and optimize retention programs that engage customers and foster long-term brand loyalty. Key Responsibilities: - Develop and implement data-driven customer retention strategies to minimize churn and increase customer lifetime value. - Analyze customer behavior, identify crucial retention metrics, and utilize insights to refine strategies. - Create personalized retention campaigns to maintain customer engagement and promote repeat purchases or continued usage of services. - Design, implement, and optimize retention-focused marketing campaigns across various channels (email, SMS, in-app, social media). - Segment customers based on behavior, demographics, and lifecycle stages for targeted retention efforts. - Monitor campaign performance and make necessary adjustments to enhance outcomes. - Develop customer personas and segment the customer base for tailored communication and offers. - Utilize CRM tools and customer data to provide personalized content and offers. - Collaborate with cross-functional teams to understand customer pain points and enhance the overall customer experience. - Work with the analytics team to track, measure, and report on retention metrics and KPIs. - Identify patterns and reasons for customer churn and propose strategies to win back lapsed or lost customers. - Gather and analyze customer feedback to improve retention strategies and customer touchpoints. - Design and manage customer loyalty programs or initiatives to drive long-term engagement and rewards. - Track and analyze key retention metrics such as churn rates, customer lifetime value, and engagement levels. - Present retention performance insights to senior management, highlighting successes, challenges, and improvement opportunities. Qualifications: - Education: Bachelor's degree in Marketing, Business, or a related field (Master's degree preferred). - Experience: 3-5 years of experience in customer retention, loyalty, or CRM-focused roles, particularly in marketing. Strong understanding of customer retention metrics and KPIs. - Skills: Strong analytical skills, excellent communication, and interpersonal skills, project management abilities, creative and customer-centric mindset, knowledge of customer behavior analysis and segmentation. - Desirable Attributes: Ability to work independently and collaboratively in a fast-paced environment, results-driven with a focus on improving customer loyalty and retention, experience in eCommerce, SaaS, or subscription-based businesses, familiarity with A/B testing and optimization techniques for retention campaigns. As a Customer Retention Manager, your primary role will involve developing and executing strategies to enhance customer loyalty, retention, and lifetime value. You will collaborate closely with marketing, sales, and customer support teams to create and optimize retention programs that engage customers and foster long-term brand loyalty. Key Responsibilities: - Develop and implement data-driven customer retention strategies to minimize churn and increase customer lifetime value. - Analyze customer behavior, identify crucial retention metrics, and utilize insights to refine strategies. - Create personalized retention campaigns to maintain customer engagement and promote repeat purchases or continued usage of services. - Design, implement, and optimize retention-focused marketing campaigns across various channels (email, SMS, in-app, social media). - Segment customers based on behavior, demographics, and lifecycle stages for targeted retention efforts. - Monitor campaign performance and make necessary adjustments to enhance outcomes. - Develop customer personas and segment the customer base for tailored communication and offers. - Utilize CRM tools and customer data to provide personalized content and offers. - Collaborate with cross-functional teams to understand customer pain points and enhance the overall customer experience. - Work with the analytics team to track, measure, and report on retention metrics and KPIs. - Identify patterns and reasons for customer churn and propose strategies to win back lapsed or lost customers. - Gather and analyze customer feedback to improve retention strategies and customer touchpoints. - Design and manage customer loyalty programs or initiatives to drive long-term engagement and rewards. - Track and analyze key retention metrics such as churn rates, customer lifetime value, and engagement levels. - Present retention performance insights to senior management, highlighting successes, challenges, and improvement opportunities. Qualifications: - Education: Bachelor's degree in Marketing, Business, or a related field (Master's degree preferred). - Experience: 3-5 years of experience in customer ret

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