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7 Key Factors Obscure Your Customer Acquisition Costs

Startup Professionals Musings

You must have a strong Chief Marketing Officer (CMO) with a clear strategy for spending, and metrics to gauge results. What if someone sees an ad, visits a web page, watches a video, downloads a brochure, responds to an e-mail, and finally buys a product? Long sales cycles obscure beginning and end of costs.

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CXL Live 2022 Recap: Main Takeaways From 6 World-Class Marketers

ConversionXL

Peep mentioned three ways to get inside the limited consideration set : Innovation : create an objectively better product and you’ll achieve a transient advantage, just the way other category kings such as Tinder or Tesla did. Win beyond product : use a powerful narrative, positioning, messaging, content and differentiation strategy.

B2B 94
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Conversion Rate Formulas to Accurately Calculate Growth

ConversionXL

The method for calculating conversion rate varies by channel, sales cycle, and stage of the marketing funnel. For example, let’s say we generated 12 purchases from 240 visits to a product page. If audience building is a priority, email subscribers should be an important metric. How to calculate conversion rate.

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2023-2024 B2B SaaS Benchmarks

VC Cafe

It’s not a surprise, given that entrepreneurs are obsessed with data and metrics, but in the conservative VC market of 2024, it feels even more important for founders to know what ‘good’ looks like and what investors expect. Metric Unremarkable Good Excellent Outlier ARR <$500k $500k-$1.5m $1.5m-$2.5m >$2.5m

B2B 78
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Let’s talk Sales Strategy 2021

NZ Entrepreneur

Do some channels deliver a higher response rate for one success metric than for others? Three – Sales cycle. Let’s think specifically about your top five products/services: How long is your sales cycle for your top five products/services? How about for each of your top five products/services?

Sales 55
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LinkedIn Video Ads: Relevance, Specs, and Use Cases

ConversionXL

On Facebook, an ideal customer may log on to see photos of a new nephew, not to check out a 30-second demo of your SaaS product. This post focuses on deployment rather than production, but here are high-level takeaways from those posts: Quality = attention span. LinkedIn video ads: tech specs, targeting, metrics, and cost.

Video 129
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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

You need to use your time and resources productively by focusing on the right metrics so you can use data to help you implement improvements that matter. The first step is to formulate a KPI strategy by selecting the right metrics to track. The metrics should help you identify areas for improvement.

Founder 71