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Account-Based Marketing vs. Lead Generation: Which is Right for You?

ConversionXL

ABM is a company-wide strategic approach to finding and converting specific accounts that add long-term value to your business, both financially and through industry standing and pulling power. instead of you knocking on their door and saying, ‘Hey, I’m going to sell you something.’ Account-based marketing is a team sport.

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How to Measure Ecommerce Customer Acquisition Cost (+ Tips to Reduce it)

ConversionXL

Here’s an example of a CAC analysis spreadsheet by Startup Tools : This will give you an overview of campaign effectiveness and help you identify any trends or patterns impacting profit margins over time. Can you lower costs by removing steps to market or sell your product (e.g., What is ecommerce customer acquisition cost?

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Six engagement tricks for better customer retention

Salesmate

Research done by the Harvard Business School proves that improving customer retention by 5% increases profit by 25-95%. For any business to survive and manage a healthy profit margin, retaining older customers is really crucial. Business owners must focus on strategizing and mixing their acquisition and retention efforts.

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