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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

It’s why Canva can call itself a multibillion-dollar platform and how ConvertKit pulled itself up to compete with goliaths like MailChimp and Campaign Monitor. Where campaigns to build brand awareness and generate top-of-funnel sales drive traditional marketing, data across the entire customer lifecycle drives growth hacking in marketing.

Retention 113
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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

A data-driven approach can help you make accurate and timely business decisions to meet market demands and improve cost-efficiency. Customer churn rate: shows the percentage of customers lost in a given period (e.g., ROI: measures the effectiveness of your marketing initiatives by comparing conversion values to costs.

Founder 71
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13 Essential Digital Marketing Metrics & KPIs to Measure Performance

ConversionXL

They allow you to create and optimize campaigns based on actionable evidence rather than intuition. Conversion rate: Understand marketing success Where to track conversion rate 10. Click-through rate: Understand how your emails and ads engage customers Where to track click-through rate 11.

Metrics 105
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Metrics that matter to social platforms (Part 1/3)

Version One Ventures

You can also compute growth in these categories, from which you can see how effective your growth, engagement, and re-engagement campaigns are, respectively. Old churned users = inactive users from the previous cycle(s) who continue to be inactive in this cycle. users who continue to be active this cycle as they were previously).

Metrics 60
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Digital Analytics Simplified: The Beginner’s Guide

ConversionXL

Prescriptive analytics The digital analytics metrics you need to know How to use analytics to improve marketing campaigns Define your mission, goals, and KPIs Set key performance indicators (KPIs) to measure marketing performance What to look for in a digital analytics product 9 tools for your digital analytics stack 1. Cost per click (CPC).

Analytics 106
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Is Your Startup Tracking the Right Metrics?

Up and Running

It’s hard to understand how many people will you actually attract, what is it going to cost, what’s your conversion rate, how long will people stay. You’re going to want to really think about how you’re going to drive traffic and what’s most cost effective.

Metrics 84
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The Essential SaaS Metrics for Growth

ConversionXL

Chances are you’ve been told to focus on metrics like: Monthly Recurring Revenue (MRR); Lifetime Value (LTV); Customer Acquisition Cost (CAC). You should be able to say something like, “For each $1 we put into this specific marketing campaign, we get a result of $5 in terms of revenue.” However, churn compounds.

Metrics 117