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How to Use Product Analytics to Boost Sales

Marketing Insider Group

Measuring and optimizing vital metrics like conversion rate and customer lifetime value are part of the process. For instance, conversion and churn rates provide valuable insights into your business’s health and performance by showing how many visitors are buying and how many are leaving without a sale.

Analytics 228
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Driving growth through data: Optimizing the retention stage

Martech

Identify patterns and trends in customer purchases to optimize product offerings and pricing strategies. Engagement data (email open rates, social media engagement, etc.) Engagement data (email open rates, social media engagement, etc.) Loyalty program data (redemptions, participation rates, etc.)

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Customer Churn: What You Need to Know and What You Need to Do

Tomorrow People

Churn is basically the loss of a customer, which can happen for a variety of reasons. Churn rate is the rate of customer churn over a given period of time. Churn rate tends to increase as subscriber numbers go up. High churn rates are bad news as they slow down your overall growth.

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An Essential Guide to B2B Marketing Metrics That Matter

Marketing Insider Group

Perform A/B split testing of new checkout systems and set up Google Analytics goals to improve website performance, site speed, landing page, and mobile optimization. Gross Monthly Recurring Revenue (MRR) Churn Rate. Gross MRR Churn Rate is the total revenue loss percentage due to downgrades or cancellations.

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CLV: The metric that means money

Martech

In my experience, few marketing organizations and companies can optimize CLV. Dig deeper: MarTech’s B2B marketing experts to follow Churn rate is a key concept with CLV — it’s essential to understand your customer churn rate (as a percentage of your customer base). Divide the number 1 by the customer churn rate.

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

Webbiquity

This list includes tactics from SEO optimization to social media accounts , and more, that can realistically produce a return on your budget and efforts. B2B partnerships enable your business to grow into new markets, often resulting in higher revenue and reduced churn rates. What are B2B eCommerce Marketing Tactics?

eCommerce 297
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Improving customer journey orchestration with metrics and actions: Best of the MarTechBot

Martech

Conversion Rate: This metric measures the percentage of customers who complete a desired action or goal, such as making a purchase or signing up for a newsletter. Tracking conversion rates at different stages of the customer journey can help identify areas of improvement and optimize the customer experience.