article thumbnail

How to Create a Marketing Funnel by Responding to Customer Behavior

ConversionXL

Generating awareness through PPC. To build awareness through PPC , it’s best to focus on high-intent traffic and carry this strategy into the consideration stage. Measure the retention value of your customers by looking at: Churn rate: The number of customers that stop paying in a given period (e.g.,

Customer 140
article thumbnail

The Most Effective Early-Stage Growth Strategies for Emerging Businesses

ReadWriteStart

Pay Per Click (PPC) Ads. That’s why it’s valuable for new businesses to complement those tactics with pay-per-click (PPC) ads. As the name suggests, PPC ads function like traditional digital ads, but you’ll only be responsible for paying for the people who actually click the ad. The Prioritization of Customer Retention.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Calculate & Increase Customer Lifetime Value

ConversionXL

The origins of this myth can be traced back to the 1980′s when the Technical Assistance Research Project published research that stated the cost of customer acquisition vs the cost of customer retention was significantly higher. Using Hubspot’s example, let’s say you spend $1,000 in PPC, which nets you 500 visitors.

Customer 133
article thumbnail

13 Essential Digital Marketing Metrics & KPIs to Measure Performance

ConversionXL

Click-Through Rate Definition The Conversion Rate Formula: How to Calculate Conversion Rate Bounce Rate: Everything You Want to Know and More How To Calculate and Increase Customer Lifetime Value PPC Click-Through-Rate: What it Means and How to Use It (and Improve It) How to Track and Improve Ecommerce Customer Acquisition Effectiveness.

Metrics 105
article thumbnail

Digital Analytics Simplified: The Beginner’s Guide

ConversionXL

The company once had the market’s highest churn rate and lowest Net Promoter Score (NPS). By switching from manual analysis data to predictive analytics, Sprint could quickly analyze user behavior to spot customers at risk of churn and identify retention offers. The amount you pay for each click on a PPC ad.

Analytics 106
article thumbnail

Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. We’re considering doing SEO and PPC as well as cold calling to generate leads. Press is something you should do once you know your activation / retention metrics are good.