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How to Elevate Your Business to the Next Level

The Startup Magazine

It could also be improving customer retention. Invest in Employee Development Your team is one of your most valuable assets. Investing in employee development is not only going to boost their morale but also enhance their skills and productivity at the same time.

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Knowledge Retention: How to Protect Your Competitive Advantage

ConversionXL

You invest in your employees—mentoring, conferences, training. Employees take other jobs. Knowledge retention is a process for identifying. Knowledge retention isn’t a corporate nicety. Successful knowledge retention programs answer three key questions: What knowledge may be lost? Why knowledge retention matters.

Retention 128
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Machine Learning Is Your Secret Weapon For Customer Acquisition

YoungUpstarts

A CRM that includes machine learning adds the ability to access predictive analytics, automate email marketing campaigns and drive customer transactions. Effective data collection – Automating tasks such as data collection can be a huge help to your employees. In fact, a recent survey reported 46.5

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How To Develop Your Customer Retention Strategy

ConversionXL

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 112
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The 4 Phases For Developing A Customer Retention Strategy

ConversionXL

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 115
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The 4 Phases For Developing A Customer Retention Strategy

ConversionXL

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 105
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When Should a Small Business Hire an Executive Team?

Up and Running

Think of it as an investment in your company — you’re dedicating resources (compensation) to highly skilled employees who will hopefully bring your business to the next level. This typically includes doing market research and carrying out targeted marketing campaigns. This goes hand in hand with retention.

CTO Hire 163