Which best describes a key method for retaining existing clients?

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Engaging regularly through personalized communication is a key method for retaining existing clients because it builds a strong relationship and fosters loyalty. When clients feel recognized and valued as individuals, they are more likely to stay committed to the brand. Personalized communication can involve tailored messages, addressing clients by name, and understanding their specific needs and preferences. This approach not only enhances the overall customer experience but also encourages clients to share their positive experiences with others, leading to referrals and further retention.

In contrast, offering aggressive discounts might attract clients temporarily but can undermine perceived value and loyalty. Additionally, maintaining a standard approach with all clients neglects the importance of individual needs and can alienate those who seek customized experiences. Focusing solely on new clientele can also lead to neglecting existing customers, which is often more costly than retaining current ones. Hence, personalized engagement stands out as the most effective strategy for fostering lasting relationships with clients.

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