Ed Frame · September 13, 2022

Podcast: Flip the Switch by EngageMint
September 13, 2022
It’s 5x cheaper to retain an existing customer than acquire a new one and increasing retention by 5% can increase profits by 25 - 95%. Yet so many companies still prioritize customer acquisition over retention. In this episode, David Millay and Katie Rudy sit down with Ed…

Founder, Marketing Consultant
10+ years Working inside HubSpot portals2021 Founded ExemplifyFeatured speaker Melbourne Marketing ForumCreator Customer Longevity Framework
Ed Frame is the founder of Exemplify in Melbourne, Australia. He designed Exemplify to help businesses work with customers that truly appreciate them. They focus on getting qualified leads that turn into long-term, satisfied customers.
Ed talks about marketing strategy, email automation, customer relationships, customer journey, customer acquisition, and business growth. He has also established a “Customer Longevity Framework” to turn buyers into repeat customers, brand advocates, and referral partners without increasing your ad spend. Ed works with his clients to improve customer experience using the power of Hubspot CRM and Email Automation and implementing these through workshops and strategic customer mapping sessions.
It’s 5x cheaper to retain an existing customer than acquire a new one and increasing retention by 5% can increase profits by 25 - 95%. Yet so many companies still prioritize customer acquisition over retention. In this episode, David Millay and Katie Rudy sit down withEd Frame, CEO and Founder of Exemplify CX and discuss his 7-phase approach to Customer Longevity, converting buyers into repeat customers and brand advocates.
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Show Notes
2:35 About Exemplify and the Retention Funnel
3:59 Working Backwards - The Ideal Customer Experience
7:49 The 7 Phases of Customer Retention
11:32 Solving a Problem - Known and Unknown
16:15 Creating a Tangible “Unboxing” for Experiences
20:43 Overcoming Buyers’ Remorse
23:42 Giving Customers More
25:49 Driving Customer Loyalty
29:19 Inciting Loyalty through Social Media
32:45 The Cost of Retention vs. Acquisition
38:28 Cultivating Brand Advocates
41:08 The Value of Service Recovery
43:43 Hot Takes
46:30 Parting Advice
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For more info on topics covered in this episode:
Connect with Ed on LinkedIn
Learn more about Exemplify | 7 Steps to Customer Longevity
Guest: Ed Frame
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XL Podcast by Graham BrownXL31: Ed Frame - Retention is The New AcquisitionJul 2022Play episode →4+ podcast & stage appearances. Remote or in studio, broadcast-grade audio.