Collections & retention
Boost Your Bottom Line With Outsourcing Optimized Collections & Retention
Set your business on the path to enduring success with USA Global Marketing’s Outsourcing Collections & Retention. Our comprehensive services are designed to optimize your collections process while strengthening your customer retention efforts.
The Rising Importance of Collections & Retention
In essence, collections management is the process of ensuring that all due payments for sold goods or services are collected in a timely and efficient manner. Retention management, on the other hand, focuses on strategies aimed at keeping customers engaged and loyal to your brand, thus reducing churn rate and maximizing lifetime customer value.
Statistics show that it’s 5 to 25 times more expensive to acquire a new customer than it is to retain an existing one. Furthermore, a study by Bain & Company reveals that increasing customer retention rates by just 5% can boost profits by 25% to 95%. These figures underline the paramount importance of effective collections and retention strategies for your business.
Collections Management
Customer
Retention
Customer
Support
Analytics & Reporting
With 50+ years of combined experience, our outsourcing experts provide outsourcing and management solutions for customer support that improve customer experience, satisfaction and retention.
Recovery rate
30%
Costs Saved
$500m
Profit increase
25%
Why Outsource Your Collections to Us?
In today’s competitive landscape, merely acquiring new customers is no longer sufficient for business growth. Companies need to strike a balance between effective collections practices to maintain cash flow, and robust customer retention strategies to ensure steady revenue.