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Measuring Market Penetration with Brand Tracking (+ Metrics & Examples)

ConversionXL

Market share. Market share is a good measure of your brand position relative to your competitors, as it’s a zero-sum game. Unlike metrics such as brand awareness, which can rise across the board, growth in market share means a decline for competitors. Choose competitors to test against. Image source.

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Digital Elite Camp 2019 Recap: Takeaways from Every Speaker

ConversionXL

Use product lifecycle marketing to map campaigns to the stage of your product. The various stages are defined below: Introduction stage: when the product first comes to market. Growth stage: when it grabs market share (getting the consumers to prefer the brand). Maturity stage: hold your dominant place in the market.

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How to Create a Marketing Playbook for Consistent Campaigns

ConversionXL

For example, for Twitter, a social media manager will generate engagement reports, whereas a content marketing manager will look at click-through rate and conversion rate. Campaign reports will cover results such as sales figures, leads generated, and cross-channel engagement for the period. How to create a marketing playbook.

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How to Optimize Videos for Conversions

ConversionXL

Marketers share the same sentiments. Research conducted in 2014 found that 73% of American B2C marketers think video is an effective content marketing tactic. The best way to determine where you should use video is to test it. VAT19 sells a product called “Spicy Gummy Peppers” for $9.99.

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Digital Analytics Simplified: The Beginner’s Guide

ConversionXL

Prescriptive analytics The digital analytics metrics you need to know How to use analytics to improve marketing campaigns Define your mission, goals, and KPIs Set key performance indicators (KPIs) to measure marketing performance What to look for in a digital analytics product 9 tools for your digital analytics stack 1. Cost: Free.

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Maximizing Profits: How to Capitalize on Ecommerce Growth

Lead Fuze

And here you are, with your digital bat ready to swing for those sweet, sweet market share candies. This could include everything from showcasing assembly instructions to highlighting unique selling points—all contributing towards driving conversion rates northward. So how do we get you more than just a few treats?