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Retention Optimization: How to Increase the Value of a Conversion

ConversionXL

Well, it’s retention. (No, Consider that 40% of an ecommerce store’s revenue is created by 8% of its customers and that 82% of companies agree that retention is cheaper than acquisition. If retention (a long-term relationship) is your focus, your funnel can be optimized to encourage people to convert again and again.

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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

You can calculate retention using the following formula: Customers at the end of the period – new customers gained within the period / the number of customers at the beginning of the period x 100 = customer retention rate. Use this information to optimize for retention with: Transactional messaging. Gamification.

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8 Tips For Online Startups To Improve Customer Experience

YoungUpstarts

Not only does it affect SEO ranking, it also affects the site’s user-friendliness and visitors retention. When we introduced the live chat support in 2014, we immediately saw a 7% decrease in bounce rate. Additionally, listening to them also fosters the relationship, increases satisfaction and retention rate.

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Twitter Link Roundup #214 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Small Business Marketing 2014: Smart Web Design Best Practices and Tips - crowdspring.co/1dn9KvH. Startup and Small Business Marketing 2014: Smart Web Design Best Practices and Tips - crowdspring.co/1dn9KvH. Employee Retention - crowdspring.co/1f2fAz5. 25 Fresh Free fonts Created In 2014 | Creative Nerds - crowdspring.co/1eVU7Ib.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” in 2014 the data seems pretty conclusive because LA has now become the fastest growing tech startup region by numbers of companies being started and those of us here have noticed this pace accelerating. billion in venture capital to LA’s technology startups and 2014 will shatter that figure. Success begets success.

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Why Flexible Working Is A Win-Win

YoungUpstarts

The way we live in 2014 means the demands of home and work need careful juggling. We were nervous when we first offered flexible working to staff , but it can bring great benefits if managed correctly in terms of increasing employee satisfaction, employee retention and productivity. If the job allows it, so do we.

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Why Employer-Sponsored Health Insurance Is A Thing Of The Past And What You Should Do About It

YoungUpstarts

Making this switch will allow companies and employees to save up to $12,000 per employee per year, while offering a better employee health benefit program for recruiting and retention purposes. As of 2014, individual health insurance plans are categorized in four standardized levels of coverage, called “metallic tiers of coverage.”