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

Huptech Web

What is the Repeat Purchase Rate? Benefits of Repeat Purchase Rate How to Calculate the Repeat Purchase Rate for your Shopify Store? 7 Powerful Strategies to Increase Repeat Purchase Rate And much more! Repeat purchasing can be observed in many industries, from everyday consumer goods to services.

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Employee Advocacy- Are You Leveraging Your Employees’ Influence?

Onalytica B2B

We know all too well that word of mouth marketing (WOM) is by far the most effective form of marketing, and we also know that customers are turning to social media to aid in their decision making process, so why doesn’t brand advocacy have much greater emphasis? WHY SHOULD I BE DOING IT?

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Influencer Marketing Strategy: 4 Influencer Outreach Steps

Markempa

Proactively building relationships with influencers and industry experts is a powerful way to generate demand and leads, and positive word of mouth (WOM). Secondly, experts continually update their knowledge of industry trends, information, key players, tools, and ideas. You begin by being genuinely interested in their business.

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Consumers May Not Trust Online Reviews Older Than 3 Months: Navigating the Reliability Conundrum

Navigate the Channel

They use them to gauge a business’s long-term performance trends. They don’t conflate WOM with a stranger’s review online. Personal experience Bad personal experiences with online reviews, such as purchasing a product or service that did not live up to the review’s praise, can contribute to a lack of trust.

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Everything You Need to Know About Brand Management

Hubspot

It’s also very susceptible to external factors like news, trends, and current events. We’ve discussed in other blog posts how important word-of-mouth (WOM) marketing is in retaining and attracting new customers. Influence your audience’s purchase decisions. In short, your brand needs a manager to ensure its success.

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5 Main Reasons You Should NOT Buy EveryoneSocial

EveryoneSocial

Bazaar Voice ) Peer-to-peer marketing is the leading driver behind 20-50% of all purchasing decisions. There are so many stats on why word-of-mouth and peer-to-peer advocacy outperforms official brand channels and ads, but consider the importance of “WOM” (word of mouth) for hiring, marketing, sales, and retail! McKinsey ).

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ClickInsights: How should case studies be used in marketing activities versus sales activities?

Ambal's Amusings

We also ask for their suggestions on what reports, whitepapers etc to read to keep abreast with latest trends in their industry. They can usually bring insights into current trends and even insider news that could be valuable in creating the case study. Marketing teams and sales teams are different within a company.