The best tools to use for growth marketing

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monira#$1244
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The best tools to use for growth marketing

Post by monira#$1244 »

This point is probably the easiest one: it tells you what metrics you need to track as they relate to your business's revenue.
price
Upselling
Cart Size
Returns
You always want to sell your products at the highest possible price, upgrade all your customers to the largest package, maximize cart size, minimize returns and refunds, etc.
It's not that easy to achieve that. But you might need to review your pricing plan quarterly, or at least annually. You're likely competing in a space with a lot of companies offering similar services and products, so keeping your competitors close at hand can help make your offering more attractive. We always recommend comparing your revenue per user with your customer acquisition costs. This comparison will give you the clearest understanding of where you should focus your revenue efforts.


Retention
Customer retention is the area that is most relevant to the "customer churn" problem we just mentioned. If you want to keep your customers, you need to make them as satisfied as possible when they use your bangladesh telegram database service or purchase your product. Sometimes churn is unavoidable (natural events, moving, changing jobs, etc.), but some churn is your own fault and should be investigated.

Retention is highly related to personalization and user experience. It is okay to charge a little more if you can offer more benefits in return. Such rules do not apply to prestigious and reputed brands such as Chanel or Gucci. People are comfortable touching and owning such things, so it is not hard to retain them. However, more intimate brands can struggle when trying to find ways to improve the user experience and customer experience for their customers. Remember, if your business is digital only, you have to continuously test with your users and seek improvements to your online interface. If you are a brand that ships physical products, you have to pay equal attention to both areas to improve things like packaging and product presentation.
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