Marketing Insider Group

NOVEMBER 3, 2020

But research shows that focusing your efforts on the customers you already have is a better long-term strategy that can generate a higher ROI. It can cost 5x more to attract a new customer than it does to retain an existing one, and increasing your customer retention rate by just 5% can result in a profit increase of over 25%.

Non-Profit 144

Non-Profit CRM Marketing Marketers 144

Marketing Insider Group

FEBRUARY 3, 2022

the first 4 search results define marketing as something that “persuades,” “promotes,” and “convinces” people to do something. My college professors taught me all about “the 4 Ps” of marketing—product (what you sell), price (how much is it), place (where do you sell it), and promotion (discounts and other offers).

Marketing Strategy 119

Marketing Strategy Marketing Marketers PR 119

Econsultancy

DECEMBER 13, 2021

As a result, typical customer acquisition costs for brands selling on Amazon has risen from a 15% equivalent transaction fee per order to ones that are typically more than 20%. Seventy-eight percent of survey respondents said they have bought, or are open to buying, products promoted alongside the audio content they listen to.

Advertising 52

Advertising Advertisers Retail Shoppers 52

Backlinko

MAY 14, 2024

Small business marketing is a mix of strategies, tactics, and channels to promote your offerings to your target customers. While remaining profitable. And cross-promotes its podcast to LinkedIn followers to attract and retain clients. For example: If you target Gen Z or millennials, meet them where they spend their time.

PR 70

PR Customer loyalty User-Generated Marketing 70