Remove Acquisition Remove Affiliate Remove Programming Remove Retention
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5 Effective Ways for Startups to Lower Customer Acquisition Costs

Up and Running

Customer acquisition drives sales and profit margins and it needs to be measured and balanced together with the customers’ lifetime value (LTV). This article explains how businesses can resist one of the top startup killers known as high customer acquisition costs (CAC). Partner program. Benefits of having a partner program.

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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

The team created a referral program that allowed users to earn more storage for recommending Dropbox to their friends. Similarly, Dropbox’s referral program might have fallen flat if people had to personally pester their friends. Acquisition. An increase in listings from 50,000 to 500,000. Image source. Activation.

Retention 113
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Demand Generation: 7 Tactics to Fuel Your Funnel

ConversionXL

Look instead at measuring KPIs like close rate, cost per acquisition, cost per lead, conversion rates, average contract value, and lifetime customer value. Having launched an open affiliate program that paid 30% commission for the lifetime of the customer, ConvertKit built a loyal customer base that was growing with the company.

Demand 115
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CXL Live 2022 Recap: Main Takeaways From 6 World-Class Marketers

ConversionXL

Product should be your main channel for customer acquisition, retention and expansion. Gaetano DiNardi: “Outdated B2B vs. Modern B2B” Gaetano delivered his insights on which indicators you should use for your demand gen program. Ask yourself what the jargon actually means, and then rewrite your messaging.

B2B 94
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How to Design, Launch and Automate a Referral Program for Your Business

Up and Running

If not, now is the perfect time to get in on this effective and easy-to-implement user acquisition channel. In this blog post, we will cover how you can design a referral program that’s right for your business and then launch it with ease. This is why referral programs are a great low-risk channel.

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How Startups Can Use Metrics to Drive Success

Both Sides of the Table

Customer Acquisition. How many through affiliate deals? Do you have a customer referral program? For example, if you have developers, content people or SEO folks working on SEO programs you’ll need to allocate their time / costs to this effort. Retention / Churn. How many adds came through organic SEO?

Metrics 346
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Email Marketing Strategy: Collecting Subscribers, Users & Loyal Customers

ConversionXL

Over a third of email marketers struggle with acquisition and close to a half say increasing engagement is their number one challenge. Building loyalty starts with what you do post-purchase and continues with retention emails. However, it’s not without challenges. Customer journeys are rarely linear. Image source.

Email 136