According to Statista Market Insights, the transaction value of Cambodia’s e-commerce market is projected to reach US$2.14 billion in 2024. As such, with the ever-increasing competitiveness of global trade and e-commerce, the logistics sector requires businesses to not only attract but also retain customers through exceptional service delivery.
However, this growing need to retain customers is not unique to logistics. It is a cornerstone of growth and profitability across all industries. The importance of customer retention lies in the simple fact that the cost of acquiring a new customer far exceeds the cost of retaining an existing one. This is because nurturing relationships with existing customers involves leveraging established trust and satisfaction, which typically requires less financial investment than the marketing and sales efforts needed to attract brand-new customers.
Beyond customer retention is customer loyalty, which embodies a deeper emotional commitment from customers. Loyal customers not only repeatedly choose a brand but actively advocate for it, amplifying its value beyond mere repeated transactions.
According to Forrester, 53% of business-to-consumer entities plan to increase spending on loyalty in 2023. Additionally, Antavo reported that 93.7% of brand executives believe that customer loyalty should be prioritised over customer acquisition, given our current economic climate.
Given this trend, for businesses aiming to thrive in today’s markets, it is essential to employ relevant strategies for improving customer retention and generating customer loyalty. This journey begins with selecting an experienced and competent logistics service provider, ensuring that goods are delivered on time and in perfect condition, laying a solid foundation for building customer loyalty.
A successful partnership ensures seamless cross-border transactions, improves customer satisfaction, and navigates the complex web of international trade regulations effectively to ultimately foster loyal customers.
DHL Express, with our global footprint and reputation for reliability, plays a pivotal role in today’s logistics market. Our ability to consistently meet and exceed customer expectations has cemented our position as a leader in global logistics and the most trusted international shipping provider.
6 reasons to choose DHL Express as your logistics service provider
1. International professionalism
With over four decades of experience in global transportation and a presence in more than 220 countries and territories, DHL Express offers unparalleled expertise in the logistics field. Our rich history and vast global network empower us to deliver products and services with unmatched efficiency and precision, thereby significantly bolstering the reliability and reputation of your brand on a global scale.
2. Convenience, speed, and timely deliveries
The eCommerce Delivery Benchmark Report by Metapack revealed that the leading factors influencing consumers' online shopping decisions are the cost of delivery (27.4%), delivery speed (26.6%), and the convenience of delivery options (23%). This data underscores the critical importance of affordable, reliable and swift delivery services for businesses to meet consumer expectations and drive satisfaction.
DHL Express offers flexible and fast delivery services to help businesses of all sizes achieve customer satisfaction. We enable businesses to choose from various delivery speeds based on the urgency of their customers' needs. Whether it's international priority shipping, overseas express shipping, or standard delivery with tracking, we have a range of options to meet all delivery requirements. Our global expertise and reliability in logistics eliminate the common frustrations associated with late deliveries, thus maintaining your business's credibility and customer loyalty.