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From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

Real-time points and mileage redemption appeared at the POS, first introduced over a decade ago and now going mainstream. Social media is seen as something new that can be bolted onto existing CRM and loyalty management platforms. Smart phones make it easy for customers to manage dozens of these accounts.

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How to Raise Prices for Existing Customers

ConversionXL

That impact outpaces other business changes: Pricing right is the fastest and most effective way for managers to increase profits [.] If you know, for instance, that your software saves a company hundreds of hours of technical labor—but costs just $49 per month—you can make a strong case for a price increase. Image source ).

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Going Public Circa 2020; Door #3: The SPAC

abovethecrowd.com

During each and every modern IPO, the banks all tell the management teams that there are two key objectives in the road-show process. Talk to any management team from any IPO in the past three years, and you will find they had this exact conversation. Some SPACs (like Ackman’s) have features that make redemption less likely.

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10 random online resources for Entrepreneurs (2010 version)

crowdSPRING Blog

We spend more time gazing into the screen than we do gazing at our own children and the software we use says a great deal about us a s people. We have CapitalOne Visa card which comes with a straightforward and fairly generous reward program, no annual fee, and a simple to use website with online redemption functionality.

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How to Use Social Media To Drive Sales

ConversionXL

While Google+ on the other hand had the lowest % of clicks, lowest number of sales made, but still managed the biggest average order value. According to Forrester the low numbers could be due to the relatively short measurement period (30 days)and the size of the companies the data is based upon (only large scale e-commerce sites).

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How and Why You Should Validate Your App Idea Before You Build

Up and Running

The end user of the application was those who recycled, however, the recycling and reward redemption process required partnerships with recycling facilities, local businesses, and government agencies. The point tracking and documentation system would be managed manually by my team on the back end.

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After the Purchase: Optimizing Customer Retention Through Gamification

ConversionXL

A study in the Harvard Business Review noted that increasing customer retention by 5% can generate a 25%-95% increase in profit. However, what really matters is the ease of the redemption process and the rewards available. Virtual training academy Treehouse teaches beginners coding, app development, and business skills.