Remove 2023 Remove Churn Rate Remove Loyalty Remove Marketing AI
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10 AI marketing tools your team should be using in 2023

Sprout Social

Artificial intelligence (AI) emerged as one of the hottest technology trends in 2023. Not only is it fundamentally shifting how we work but AI marketing tools are also reshaping marketing now and in the future. And social data is at the center of many marketing transformations.

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How AI insights improve decision making

Sprout Social

Artificial intelligence-driven analytics tools sift through massive datasets to identify patterns, trends and insights humans might overlook—allowing brands a distinct competitive edge by making strategic decision-making easier and improving customer experiences. What are AI insights?

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7 eCommerce Business Challenges in 2023 and How to Solve Them

Optinmonster

The reality is that most eCommerce websites suffer from the inevitable customer churn. A study by Omniconvert found that the average churn rate in eCommerce ranges from 62–82%. Even worse, eCommerce companies with less than $1 million in revenue don’t invest in customer loyalty.

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11 Powerful Customer Retention Strategies You’d Need in 2023

Outgrow

11 Powerful Customer Retention Strategies You’d Need in 2023 For a business to thrive in today’s competitive market, it must find sustainable ways to attract new customers. Existing customers tend to be more loyal and require less marketing and advertising spending to keep them engaged.

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When Is It Acceptable to Have a High Churn Rate?

Single Grain

Understanding and effectively managing your churn rate is crucial for long-term success. Your churn rate refers to the rate at which customers discontinue their association with your business, either by canceling a subscription or ceasing to make purchases.

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The Marketer’s Guide to AI-Supported Content Creation

ClearVoice

Recently, one of our ClearVoice customers came to us and said: “We want to create 20,000 pieces before Thanksgiving using AI, but they have to be of the highest quality. We’ll also explore how to best use AI to enhance specific content types and finish with a step-by-step guide for employing AI in your content strategy.