Repeat business: meaning, definitions and examples
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repeat business
[ rɪˈpiːt ˈbɪznəs ]
customer loyalty
Repeat business refers to the practice of getting customers to make multiple purchases from a company. It is a key factor in building a successful and sustainable business.
Synonyms
customer retention, loyal customers, recurring purchases
Examples of usage
- Offering discounts to encourage repeat business
- Providing excellent customer service to increase repeat business
- Implementing a loyalty program to reward repeat business
business strategy
Repeat business can also refer to a strategic focus on generating revenue from existing customers rather than constantly acquiring new customers.
Synonyms
client retention, customer focus, loyalty marketing
Examples of usage
- Investing in customer relationship management for repeat business
- Tailoring products and services to meet the needs of repeat business customers
Translations
Translations of the word "repeat business" in other languages:
🇵🇹 negócios recorrentes
🇮🇳 पुनरावृत्ति व्यवसाय
🇩🇪 Wiederholungsgeschäft
🇮🇩 bisnis berulang
🇺🇦 повторний бізнес
🇵🇱 powtarzający się biznes
🇯🇵 リピートビジネス
🇫🇷 affaires répétées
🇪🇸 negocios recurrentes
🇹🇷 tekrarlayan iş
🇰🇷 반복 비즈니스
🇸🇦 الأعمال المتكررة
🇨🇿 opakující se obchod
🇸🇰 opakovaný obchod
🇨🇳 重复业务
🇸🇮 ponavljajoče se poslovanje
🇮🇸 endurtekinn viðskipti
🇰🇿 қайталанатын бизнес
🇬🇪 გამეორებითი ბიზნესი
🇦🇿 təkrarlanan biznes
🇲🇽 negocios recurrentes
Word origin
The concept of repeat business has been a fundamental principle in commerce for centuries. Businesses have long recognized the value of retaining customers and encouraging them to make repeat purchases. The focus on customer loyalty and building long-term relationships has only grown in importance with the rise of competition and the advent of digital marketing.