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How to Track and Improve Ecommerce Customer Acquisition Effectiveness

ConversionXL

Measuring customer acquisition for peak effectiveness How to calculate ecommerce customer acquisition cost Calculate much your customers are worth: LTV MRR, churn rates, and other factors that affect your LTV/CAC ratios Find and fix customer acquisition funnel leaks 5 customer acquisition strategies to increase sales and loyalty (with examples) 1.

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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

In the retention phase, measure these performance metrics: Retention rate vs. churn rate Customer churn Net Promoter Score Email open rates Email click-through rate. But of the 83% of people that say they’re willing to refer new business to a company they love, only 29% of them do.

Retention 113
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How to Design, Launch and Automate a Referral Program for Your Business

Up and Running

In addition to being acquired for cheaper than other acquisition channels, referred signups are more likely to make repeat purchases. Referred signups on average have a higher customer lifetime value (LTV) than non-referrals. Lowers churn. Every SaaS business should be tracking and monitoring its churn rate.

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13 Essential Digital Marketing Metrics & KPIs to Measure Performance

ConversionXL

new customer aquisition, conversion rate, and churn rate ). For example, if you want to see how a landing page contributes to your goal of increasing sales, conversion rate is a good metric to track. High referral traffic is an indication of strong affiliate links or media coverage. submits a form).

Metrics 105
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9 Case Studies That’ll Help You Reduce SaaS Churn

ConversionXL

How Groove Reduced Churn by 71% By Defining “Why” Customers Quit. churn rate meant the company’s growth was unsustainable. They refer to these differences as “ Red Flag” Metrics (or RFMs). RFMs allowed Groove to identify which users were at risk before churning actually happened. Now to the case studies….

Retention 106
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Combining All Your Funnel Data into One Sheet

ConversionXL

But there are so many ways a person can become aware about a product—they may see a paid advertisement; Google a question and land on a blog post; or come across somebody’s mention in social media. This stage refers to the quantity of paid subscriptions received in the chosen period. The Paid stage. The Reactivation stage.

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How to Conduct a SaaS Funnel Audit

ConversionXL

Churn MRR: Churn MRR refers to lost revenue from customers cancelling or downgrading. So, Net MRR = New MRR + Expansion MRR – Churned MRR. LTV = ARPA * % Gross Margin / % MRR Churn Rate. Customer Acquisition Cost refers to the resources that a business uses in order to acquire an additional customer.