
Trying to Persuade and Other Big Mistakes Marketers Make
HBR IdeaCast
Balancing Growth Targets: Attracting New Customers vs. Marketing to Existing Ones
Balancing growth targets between attracting new customers and marketing to existing ones is crucial in marketing. While marketing to existing customers seems easier, it can lead to a false sense of security, overlooking negative associations and churn rates. Without addressing negative associations and focusing on replenishing customers, growth will stagnate or decline. To grow the audience successfully, it's essential to replace negative associations with positive ones.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.