Customer Lifecycle
Overview
The Customer Lifecycle refers to the stages a customer goes through from their first interaction with a business to their final disengagement.
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The Customer Lifecycle encapsulates the entire journey a customer experiences while interacting with a business. It begins with the initial awareness or discovery phase, where potential customers become aware of the brand or product. This is followed by the consideration phase, where they evaluate the offerings and make a decision to purchase.
After the purchase, the lifecycle continues through the onboarding process, usage, and engagement with the product or service. The post-purchase phases focus on building loyalty and retention, ensuring the customer remains satisfied and engaged. The lifecycle concludes when the customer disengages, either by stopping their usage or switching to a competitor.