Skip to main content

Why would I want to educate my customers and help my competition?

 

Why would I want to educate my customers and help my competition?

Why would I want to educate my customers and help my competition?

Loyalty, building a long-term relationship, and customer retention are three key components … 

Consumers today are over saturated with many businesses providing the same product or service. 

By educating customers, they will make informed decisions and look to you as the subject matter expert.

For more information, check out our content marketing page.

---

Answered by: Beth Simonds


Labels:

Comments

Post a Comment

Popular posts from this blog

Will Google Analytics save me money?

Will Google Analytics save me money? Used correctly, interpreting the data within analytics can save you money by making you realize which marketing channels are working, and which ones need improvement, or can be dropped. Maybe you’re paying several hundred or thousand dollars a year on a listing on a third party website? Using Analytics will help you know how much traffic you are getting from that link, and how much inquiries or revenue it’s driving.   If it’s not driving revenue, you may be able to avoid renewing the listing, or haggle hard on the renewal price. For more information, check out  web analytic  page. --- Answered by: Julie Perkins
Post a Comment
Read more

How do you calculate Customer Lifetime Value (CLV)?

How do you calculate Customer Lifetime Value (CLV)? Depending on your industry, there are a number of ways to calculate Customer Lifetime Value (CLV).    If you sell a monthly service, you could take your (average revenue per monthly per customer) X (gross margin) X (the average number of months a client stays with you).  If you run a home service business (HVAC, plumbing, etc.), you might take your (average revenue per job) X (gross margin) and also take into account the number of times a customer uses you over a period of, say, 10 years and how likely they are to refer you to other people. </p> For more information, check out  web analytic  page. --- Answered by: Connie Lad, Walker  International
Post a Comment
Read more