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How to Raise Prices for Existing Customers

ConversionXL

Your current customers will never be excited about paying more. Instead, poor planning is to blame: Companies neglect to plan a price increase until there’s a financial squeeze or, for the thirtieth time, a customer confides that, “You know, you really ought to charge more.”. But that’s not why raising prices is so difficult.

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NoiseStreet Brings Interactivity To OOH Advertising

YoungUpstarts

The problem with most out-of-home (OOH) advertising – billboards, large digital screens, etc – is that marketers have absolutely no idea how to measure its effectiveness. How can advertisers truly be sure that passers-by actually look up at those ads, however large and dynamic they are? Well, you can’t.

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After the Purchase: Optimizing Customer Retention Through Gamification

ConversionXL

But how can we use it to retain more customers? Why Gamify Customer Retention? We borrow the mechanics of traditional games and apply them to uncommon concepts, like customer retention. Acquiring new customers is expensive. So, reducing customer churn can greatly impact your company’s financial health.

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From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

Real-time points and mileage redemption appeared at the POS, first introduced over a decade ago and now going mainstream. I have been involved in many of these innovations, mainly through my last startup venture, a company that became the world’s leading provider of credit card loyalty solutions with bank customers in 30 countries.

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Digital Marketing And Analytics: Two Ladders For Magnificent Success

Occam's Razor

One that reflects the customer expectations of 2013. The cool part about display advertising is that we can build our brands cost effectively, introduce our products to a new audience, and create demand based on a number of intent signals (this last part is often missing from offline media). Look at the colors. Look at the icons.

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5 Interesting Observations on the Groupon Model from Academic Research

ReadWriteStart

Second, discount vouchers can benefit merchants through advertising, by informing consumers of a merchant's existence. For these advertising effects to be important, a merchant must begin with sufficiently low recognition among prospective consumers.". Observation 5: Repeat Customers Driven by Employee Satisfaction.

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How to Use Social Media To Drive Sales

ConversionXL

Social media can give your company many benefits – it can increase awareness, introduce you to new people, help with customer service (real time customer service!), follow-up with angry customers etc. Another study by Pivot Conference found that a whopping 83% of customers on social network seek deals and promotions.