Remove 2014 Remove Conversion Remove Retention Remove Revenue
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Retention Optimization: How to Increase the Value of a Conversion

ConversionXL

A higher conversion rate is great, but as Peep says, “If you want to increase conversions, make everything that you sell one cent, conversions go way up, but you go out of business.” It’s really all about revenue. The key to more revenue? Well, it’s retention. (No, Why Is Retention Important?

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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

In the acquisition phase, measure these performance metrics: Customer acquisition cost Conversion rate Website traffic Click-through rate Bounce rate Quality of leads. In the activation phase, measure these performance metrics: Conversion rate Number of customers using a product feature Drop-off rate Dwell time. Activation.

Retention 113
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10 Product Recommendation Techniques to Improve UX and Conversions

ConversionXL

Nowadays nearly every online shop utilizes some sort of product recommendation engine, which is no wonder, as these systems, if set up and configured properly can significantly boost revenues, CTRs, conversions, and other important metrics. This simply means revenues through recommendations / total revenues.

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Propensity Modeling: Using Data (and Expertise) to Predict Behavior

ConversionXL

There might be several scenarios where real experiments are not possible: sometimes management may be unwilling to risk short-term revenue losses by assigning sales to random customers. So, gather a room full of domain experts: email marketers, conversion optimizers, data scientists, finance experts, CRM specialists?—anyone

Analytics 118
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The Advanced Guide to Qualitative Research

ConversionXL

That’s where qualitative conversion research comes into play. Despite optimizing your lead gen form, which you suspect is the problem, you’re not seeing a major increase in conversions. Conversion research, qualitative or quantitative, is vital. increase in conversions is worth millions of dollars in revenue per year.

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4 Ways to Improve Your Online Storefront

Up and Running

trillion in 2014. B2B ecommerce sales , (businesses selling directly to other businesses) generate three times as much revenue as B2C, at $7.7 Retention: the customer is satisfied with your product and or your brand and continues to patronize your business. Sales conversion rate: How many visitors are completing a purchase.

SEO 80
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Seven Compelling Reasons Why You Should Redesign Your Website

crowdSPRING Blog

Perhaps your site’s ecommerce performance isn’t up to expectations, or you’re not getting as many conversions you’d like. You use A/B testing to determine if a change or addition will improve conversions. A redesign or revamp might be the thing you need to fix these issues. This isn’t the case, however.

Mobile 48