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What is Repeat Purchase Rate & How to Increase it? (With Examples)

Huptech Web

Retaining a customer costs less than convincing a consumer to switch to your brand. How can you make your product unique to your customer? Do it the customer’s way, and you will not only have a fantastic business, but you’re irreplaceable. So, how do you identify a Repeat Customer? So what’s the plan?

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Convince and Convert Blog: Social Media Strategy and Social Media.

Convince & Convert

Because our behaviors on the social Web leave a noticeable fingerprint, smart companies can modify the way they engage and interact with us, based on our social graph, purchase history, etc. But now, social media is enabling companies to make influencer outreach a foundational marketing tactic.

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Making Sense of Marketing Acronyms: Part 3

Bluetext

SLA (Service Level Agreement) A contract (sometimes it’s internal, and sometimes you have a set expectation that you’ve discussed with your customer) outlining the level of service they can expect. MOFU (Middle of the Funnel) The stage of the customer journey where a potential customer is considering your product or service.

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Advocacy Marketing: The Simple Guide to Help You Succeed

EveryoneSocial

Advocacy marketing is the process and strategy that encourages and equips employees and customers to share their enthusiasm for your company’s brand, products, services, or experiences. This buzz is created through social media, online reviews, and word of mouth. Advocacy Marketing Defined. Types of advocacy marketing.

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Everything You Need to Know About Brand Management

Hubspot

It’d be how you introduce yourself to new friends (er, customers) and how you build a trusting relationship with them. Brand management is the process of managing your brand reputation and improving your audience’s perception of your brand in a way that builds brand awareness, equity, and loyalty. Build customer loyalty.

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Google My Business: What It Is, How To Use It, and Why

Moz

Customer actions, like website visits, phone calls, messaging, and requests for driving directions. Acquiring and responding to all reviews as a core component of your customer service policy. It’s core to providing modern customer service, ensuring today’s businesses can be found and chosen on the internet.

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60 Marketing Acronyms Every Industry Pro Should Know

Hubspot

The four steps of the now somewhat outdated Purchase Funnel, wherein customers travel from consideration to purchase. Internet hosting that provides computer-based services to customers over a network. APIs facilitate the data needed to provide solutions to customer problems. CAC: Customer Acquisition Cost. See SaaS.).