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The Cost of Churn: How to Calculate and Mitigate Its Impact with Automation

SmartBug Media

Every business, regardless of size or industry, understands one thing: Keeping customers happy is a key factor of success. This is especially true for software-as-a-service (SaaS) businesses, in which customer happiness directly influences the ability to minimize churn, drive recurring revenue, and achieve sustainable growth.

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Content Marketing KPIs for Your Content Strategy

ClearVoice

KPIs are metrics that businesses use to measure their performance and progress toward specific goals. Businesses of all sorts use KPIs to monitor their success in achieving objectives and to identify areas where they need to improve. They help track how well the content marketing efforts are contributing to the overall business goals.

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5 Steps to Market to a New Vertical

Adobe Experience Cloud Blog

At Marketo, we have team members who are dedicated to verticals of interest. What is the churn rate of the customers in this vertical vs. your overall churn rate, and what factors might contribute to that? acquired through a business card at a tradeshow). Understand the Market.

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10 AI marketing tools your team should be using in 2023

Sprout Social

For businesses, these investments mean faster, better decisions and a competitive advantage. The all-in-one platform accelerates business impact through social, so you can strengthen collaboration between teams and put your best foot forward when you engage with audiences. Enter Sprout Social.

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Less Than 1% Churn? It’s Possible—Just Listen to Your Customers

Adobe Experience Cloud Blog

Is your business losing potential lifelong customers like me? Fortunately for us fast-paced business types, Bain & Co. Businesses who use NPS are 33% more likely to report growth rates over 10% each year. In fact, strong customer success programs have been credited with reducing some companies’ churn rates to <1%.

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3 Steps to Reduce Churn and Increase Revenue

Adobe Experience Cloud Blog

Author: Rick Siegfried Customer churn, or churn rate, refers to the pace at which customers leave your company in a given period. The ideal churn rate would obviously be 0% (i.e. Map out the customer revenue model: New business and install base focus on different areas of the customer lifecycle.

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Five tools that can help you break free from data paralysis

ClickZ

30-second summary: Data paralysis is a natural consequence of the marketing technology businesses use daily, but there are tools that can help manage the proliferation of data so that it can be used efficiently and effectively. There are many more tools available, so be sure to research solutions that fit within your budget and business type.