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Email Strategies to Reduce Your Customer Churn Rate

Mailmunch

Research across different industries suggests a 5% increase in customer retention and can improve your profits by 25% to 95%. Keeping churn rate in check. So the next best option is to keep your churn rate in control. Customer churn rates go up in the absence of relevant information and reduced engagement.

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New B2B Persona Research From Salesforce and LinkedIn Study

markempa

What motivated you or inspired you to do this research? What surprised you most as you analyzed the data from this research, and why? Look at your persona data growth and churn rates. So when you start looking at these growth and churn rates, what you see are some pretty large numbers, and they’re all double digit.

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CLV: The metric that means money

Martech

Qualitative (Voice of the Customer, persona-based) research will give you a window into the company’s decision-making process and the individuals who are part of it. Playbooks should incorporate this research into a sales structure that brings the best thinking to every rep. Divide the number 1 by the customer churn rate.

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10 Ways Predictive Analytics Can Help You Achieve Your Marketing Goals

Marketing Insider Group

The predictive analytics industry is growing at a rate of 23.2% Source: Grand View Research. You decide to create a specific marketing campaign that targets current content marketing customers around the six-month mark to increase your upsell rate to 60%. Reducing Your Customer Churn Rate.

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Top 6 Ways You Can Conduct User Research to Gather Optimization Ideas

Convert

Marketers can easily make informed guesses and calculated assumptions based on insights and industry best practices , but there might be another way to get extremely valuable insights for your next optimization campaign: conducting user research. But jumping into user research requires knowing how to conduct said research in the first place.

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Five Ways to Reduce Your Customer Churn Rate

Webbiquity

Given that it can cost five times more to attract a new customer than to retain an existing one , almost every business can improve profitability by keeping its customer churn rate (the percentage of people who stop doing business with you, for one reason or another) low. Ask your customers for feedback (and act on it).

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Deepening B2B customer relationships with “the funnel beyond the funnel”

Biznology

Focusing on the funnel beyond the funnel translates to lower customer acquisition costs, lower churn rates, higher lifetime value, and a powerful brand. More analysts are covering the subject, with Laura Ramos at Forrester and SiriusDecisions publishing some interesting research on building your customer marketing organization.