ICYMI customer acquisition costs have skyrocketed over 222% in the last 10 years 🫣 That’s where #CustomerAdvocacy comes in. Swipe for the #ReferralMarketing stats that’ll have your brand driving revenue for less 💰 #ImpactAdvocate
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Ready to measure success in 2024? 📊 Here are KPIs to keep an eye on: ➡️ Customer Acquisition Cost (CAC) – Know what it costs to gain new customers ➡️ Customer Lifetime Value (CLTV) – See the long-term value each customer brings ➡️ Conversion Rate – Measure how well your site turns visitors into buyers Track these to stay ahead in 2024! #KPIs2024 #BusinessGrowth #DataDriven #SuccessMetrics #SCOREMentorship
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💰 What's your customer acquisition cost vs lifetime value? ⚖️ Understand this critical profit ratio 💸 E.g: Spend $20 to acquire, but make $200 over their lifetime This metric guides sustainable scaling #CostAnalysis #CustomerLifetimeValue #ScalingBusiness
💰 What's your customer acquisition cost vs lifetime value? ⚖️ Understand this critical profit ratio 💸 E.g: Spend $20 to acquire, but make $200 over their lifetime This metric guides sustainable scaling #CostAnalysis #CustomerLifetimeValue #ScalingBusiness
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New Post: The Ultimate Guide to Customer Acquisition Reporting https://buff.ly/3Cfohy3
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Introducing our April Webinar! Learn how you can lower Customer Acquisition Cost and drive customers in-store fast. Reserve your spot now before it's too late! ⬇️ https://lnkd.in/g4rmxGEc #LowerCAC #DriveRetailVelocity #BoostBrandAwareness
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As customer acquisition costs soar, why not turn to cross-selling to your existing customers?🛍🛒 Dive into real-life cross-selling examples in this article https://lnkd.in/g6aKpCBD #ecommercesuccess #retailtechnology #crossselling
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Measuring the value of customer retention for business growth 📈 For SaaS-based businesses, the goal is simple: prevent revenue churn. Together with Ingram Micro, we help you adopt customer centricity and increase the lifetime value of your customers, minimizing churn rate while enhancing net revenue retention. Read the blog: https://lnkd.in/detd9KVk #IngramMicro #CustomerRetention #CLV #ARR #RecurringRevenue
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Did you know? 🤔 Customer acquisition costs have surged nearly 60% over the past five years, with businesses now losing an average of $29 per new customer. This highlights a valuable lesson: It’s often smarter to invest in keeping your current customers engaged and loyal. 🌟 Building on existing relationships not only strengthens loyalty but can also drive sustainable growth. #CustomerLoyalty #CustomerRetention #BusinessGrowth
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Businesses have had to be creative and adaptable more than ever in this growing season of technological change and user engagement. Are your methods building positive Customer Acquisition trends? This month of August, let's touch base on Customer Acquisition Cost. https://lnkd.in/e5fWvJSC
Do You Understand Customer Acquisition?
vsbusinessconsulting.com
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Want to know if your customer acquisition strategy is paying off? 💰 Compare your Customer Acquisition Cost (CAC) to your Customer Lifetime Value (CLV). If your CAC is higher than your LTV, you might be spending too much to get new customers. #digitalmarketing #customeracquisition #CLV #CAC
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Why quizzes can be so powerful for customer acquisition.
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