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Retailers Achieve 300%+ Growth on Black Friday and Cyber Monday with Optimove

Optimove

By leveraging advanced segmentation, predictive analytics, and real-time targeting, retailers were able to deliver hyper-relevant messages that resonated with both existing and new customers. Targeted Offers : Promotions were customized based on individual preferences and past behavior, driving conversions.

Retail 59
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Blue Ocean’s Most Popular Customer Service Blogs of 2019

BlueOcean

That’s why calculating lifetime customer value is key to understanding the impact of customer service. Which 2019 Consumer Trends Will Impact Your Customer Experience Strategy? We checked out the top consumer trends of 2019 to get you ahead of the curve.

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Measuring Customer Service Performance: Lifetime Customer Value

CSM Magazine

Since that’s not the world we live in, customers need to experience prompt and dedicated attention at every major customer touch point. Otherwise, you risk turning healthy customer retention rates into customer turnover turmoil, and ultimately reducing the lifetime value of your customer base.

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Happy Holidays from Blue Ocean

BlueOcean

And when they have options at their fingertips, customers are showing a growing preference for self-service options using automated IVRs, knowledge bases, or simply Googling a problem and solution. With customer service channels in constant movement, what will be the impact on the phone channel? Read more > 2.

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The Complete Retail Customer Experience Guide

InMoment XI

Why is the Retail Customer Experience Important The retail customer experience has become increasingly significant in the success and sustainability of any business operating in the modern marketplace. Consumers can quickly become lifetime customers and brand advocates when they have continuous positive experiences with a brand.

Retail 195
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What is Customer Lifetime Value and How to Calculate It

ChurnZero

To calculate customer lifetime value, you need to know your average revenue per unit/user, your gross margin, and your average customer lifetime length. Customer Lifetime Value Formula: CLTV = [Average Revenue Per User/Unit (ARPU) x Gross Margin] x Customer Lifetime.

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CX Tech to Grow Your SMB in 2018

Oracle

A robust Customer Relationship Management (CRM) or web analytics tool will help generate insightful data about your customer base. Digging deeper and getting to know your customers’ behavior can lead to more personalized customer journeys and segmentation.

CRM 87