Remove Churn Rate Remove Loyalty Remove Product Remove Service
article thumbnail

Email Strategies to Reduce Your Customer Churn Rate

Mailmunch

Keeping churn rate in check. So the next best option is to keep your churn rate in control. Customer churn rate is a simple calculation of the number of customers lost against the total number of customers in a specific duration. Email for reducing customer churn.

article thumbnail

How to Build Trust With Your Customer Marketing Strategy

Marketing Insider Group

While this is a great way to help your company grow, it isn’t the only way to keep your business and products or services top-of-mind. Making sure customers are successfully using your product or service and are satisfied after they’ve signed the contract can be a valuable way to ensure they stick around for the long haul.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Improve Your eCommerce Experience with These CX Metrics

Marketing Insider Group

If you’re going to measure your CX metrics, it makes sense to know how satisfied your customers are with your products and/or services. CSAT allows you to measure customer satisfaction based on a very straightforward question: How would you rate your overall satisfaction with the [goods/services] you received?

eCommerce 243
article thumbnail

Effective B2B eCommerce Marketing Tactics: From SEO to Social Media and Beyond

Webbiquity

While consumer ecommerce sites like Amazon, Etsy, and eBay get more media coverage, B2B e-commerce—the direct online marketing and selling of products or services between two companies, such as a wholesale supplier and retailer—is three and half times larger than B2C. What are B2B eCommerce Marketing Tactics?

eCommerce 292
article thumbnail

Improving customer journey orchestration with metrics and actions: Best of the MarTechBot

Martech

By tracking CLV, businesses can understand the long-term profitability of their customers and make informed decisions on customer acquisition, retention, and loyalty strategies. Customer Churn Rate: Churn rate measures the percentage of customers who stop using a product or service over a given period.

article thumbnail

10 Best Leading and Lagging Marketing Performance Indicators to Increase ROI

Webbiquity

Which skills can the team (marketing, sales, customer service, production, etc.) What steps can we take to speed up product development? Lagging indicators encourage business stakeholders to ask questions like: How much product was produced? Simply ask them how likely they are to recommend your product to others.

article thumbnail

How Marketing Strategy Helps To Engage With Loyal Customers

Webbiquity

As noted here: Many of Apple’s products—the iMac, iPod, and iPhone—were products without a clear market. ” Among the key benefits of customer engagement are: Advocate word-of-mouth marketing; Improved brand reputation; Lower customer churn rate; and. .” Increased profitability. Offer Rewards .