About This Video
During its CSE Market Open, Yocale.ai (CSE:YAI) put a number on repeat business. For the businesses it serves, the company says a healthy customer retention rate is about 70%.
Yocale.ai explains how its platform helps owners bring new clients back for their next appointment, send invoices and get paid in one place.
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Read the TranscriptAuto-generated by YouTube; names and terms may be misspelled.
The retention rate for a healthy business in their space is about 70%. And when you talked about most of the businesses that fail, they don't meet those numbers. And so our tools are there to make sure we're helping them not only gain customers, but keep them coming back. And then on the monetization side, we have a fintech platform that really enables these business owners not to just invoice
their clients, but get paid all in one central system and to provide financing, capital, and a lot more to make sure that these business owners are able to get clients, make that friction point between them acquiring the clients and keeping the clients as minimal as possible.
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