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7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

Customer retention. More customers are lost to apathy after the sale than poor service or quality. A numbing 68% of all business lost in America is lost due to lack of follow-up after the sale. If you collect business cards at a trade show, make sure all have follow-up within 72 hours, and at least three more times after that.

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Are You a Giver? How Reciprocity Results in Employee Retention

Mike Michalowicz

When I started my first business I think I was pretty focused on the numbers end of things – the cash flow, sales, marketing, more marketing, quarterly goals, budgeting – you get the gist. How Reciprocity Results in Employee Retention appeared first on Mike Michalowicz. You’re the owner of your business.

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Life After the Funnel: 6 Reasons why You’re Neglecting eCommerce Customer Retention

The Startup Magazine

If you want your brand reputation to soar, it’s time to step away from acquisitions and pour focus into your eCommerce customer retention strategy. Studies show that just a 5% increase in retention rates could see increased profits of 25-95%. Don’t just take our word for it. Let’s delve into life after the funnel.

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Why Startups Need to Focus on Client Retention Right from the Start

The Startup Magazine

However, amidst the frenzy of attracting fresh clientele, many startups overlook a critical aspect of sustainable success – client retention. Given that millions of startups are born every year, client retention has become more vital than ever for such new businesses.

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How to Track and Improve Ecommerce Customer Acquisition Effectiveness

ConversionXL

Measuring customer acquisition for peak effectiveness How to calculate ecommerce customer acquisition cost Calculate much your customers are worth: LTV MRR, churn rates, and other factors that affect your LTV/CAC ratios Find and fix customer acquisition funnel leaks 5 customer acquisition strategies to increase sales and loyalty (with examples) 1.

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7 Ways to Boost Ecommerce Retention in 2022

ConversionXL

In this article, you’ll learn how ecommerce customer retention boosts long-term revenue and the strategies you can use to keep customers coming back. Table of contents What is ecommerce customer retention (and why does it matter)? What is ecommerce customer retention (and why does it matter)? How to measure customer retention.

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30 Entrepreneurs Reveal the Pivots They Are Making in Their Business in 2023

Hearpreneur

Next year, we are pivoting our business to focus more on helping businesses with their online visibility and reputation management. 20- Client retention. In the next year, I will be pivoting my business to focus more on client retention. 22- Customer retention. #2- Improve online visibility. Photo Credit: Edward Solicito.