Your chances of selling to a new customer are 5-20% as compared to the chances for regular customers which are 60-70%. That’s a pretty big difference which is why customer retention should be a bigger priority than expanding your customer…
Category: Business Articles
Helpful Business Articles that provide tips and strategies for your small-medium sized business.
What is ROI
Return on Investment is one of the crucial aspects that will help you determine whether you’re running your business efficiently or not. The name is pretty self-explanatory; Return on Investment is a ratio that determines whether the expenditures of your…
Customer Loyalty
93% of your customers will make a repeat purchase if your company has great customer service. This is why you need to build customer loyalty. It’s much easier to get the same customer to buy from you again rather than…
Eventbrite selling tickets – How to get started
With the advancement of technology, the means of buying tickets has changed drastically. Gone are the days in which people had to queue up for long hours in order to gain entry into a movie screening or a concert. With…
TikTok for Business
TikTok is among the latest social media platforms, having evolved from Musical.ly. The trending nature of TikTok videos, as well as their highly viral format, makes it a lucrative outlet for business marketing. TikTok has succeeded in establishing itself as…