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Retention Optimization: How to Increase the Value of a Conversion

ConversionXL

A higher conversion rate is great, but as Peep says, “If you want to increase conversions, make everything that you sell one cent, conversions go way up, but you go out of business.” Well, it’s retention. (No, Your work isn’t done after the initial conversion (one night stand). Why Is Retention Important?

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Post-Purchase Emails: How to Boost Retention and LTV

ConversionXL

A 2014 survey by Econsultancy revealed , “Just 42% of companies are able to measure customer lifetime value.” Though the remaining 58% understand the importance of customer loyalty and retention, they may find it difficult to execute and analyze customer happiness and conversion campaigns. conversion rate. open rate, a 6.4%

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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

In the acquisition phase, measure these performance metrics: Customer acquisition cost Conversion rate Website traffic Click-through rate Bounce rate Quality of leads. In the activation phase, measure these performance metrics: Conversion rate Number of customers using a product feature Drop-off rate Dwell time. Activation.

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3 Frameworks To Help Prioritize & Conduct Your Conversion Testing

ConversionXL

Here’s something scary, according to MECLabs & Magento’s 2014 eCommerce Benchmark, only 13% of those studied base their testing on extensive historical data. G o for at least 250 conversions per variation. It’ll be more accurate if it’s 350-400 conversions per variation. Don’t convert very well.

Framework 109
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8 Tips For Online Startups To Improve Customer Experience

YoungUpstarts

For example, if they have already shared some information via email, they will expect to be able to continue the conversation through telephone without having to repeat the information. Not only does it affect SEO ranking, it also affects the site’s user-friendliness and visitors retention. Provide sufficient information.

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10 Product Recommendation Techniques to Improve UX and Conversions

ConversionXL

Nowadays nearly every online shop utilizes some sort of product recommendation engine, which is no wonder, as these systems, if set up and configured properly can significantly boost revenues, CTRs, conversions, and other important metrics. What is a recommendation engine, exactly? Similar Products. Zero Result and 404 Pages.

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Developing The Ideal Client Relationship

YoungUpstarts

While this means that you should absolutely articulate yourself in the most direct way possible through email, phone calls and in-person conversations, it even more importantly means you should become an excellent listener. Balancing the Personal and Professional.

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