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Customer acquisition cost (CAC): How to calculate and improve it

Zendesk

Customer acquisition cost (CAC) was on the rise for many companies prior to COVID-19. But since the onset of COVID-19, brands have actually been acquiring new customers more cost-effectively. McKinsey & Company reports that the shift to digital sales led to 30 percent higher acquisition efficiency for businesses.

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Why You Should Throw Out Your CRM

Totango

You don’t need your CRM. How Your Customer Success Platform Can Replace Your CRM. Recurring-revenue businesses succeed by nurturing customer relationships over the entire lifecycle. Attempting to retrofit your CRM to accomplish this strategic initiative is likely an exercise in futility. Yeah, we said it.

CRM 89
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Braze co-founder Mark Ghermezian: “Whatever CRM is, that’s what we need to build”

Zendesk

From “CRM for apps” to ideal product-market fit Once he raised his first million after a productive meeting at SXSW, there was a domino effect of investment. The term CRMcustomer relationship management—is everywhere now, but it wasn’t in the early days of Appboy. This is where it’s going.”

CRM 92
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The Unexpected C-Suite Collaboration You Need for Success

Totango

Check out the full episode to hear all of her hot takes. Use a customer-centric approach for a successful collaboration Traditionally, the CMO focuses on customer acquisition, answering questions like who is coming into the funnel, which prospects close, and which cohorts convert better at different stages.

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4 ways to accelerate sales using the Intercom integration with HubSpot

Intercom, Inc.

A great customer relationship management (CRM) platform is at the core of every marketing and sales team’s tech stack. Integrations like the Intercom integration with HubSpot empower these teams to use data from live chat and messaging, smart workflows, and business intelligence to anticipate prospect and customer needs. .

Sales 216
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How to Use CRM to Increase Customer Lifetime Value

SugarCRM

The relationships you have with them are the sum of every interaction and purchase across their entire “lifetime” as your customer. Understanding a prospect’s potential longevity as a customer is an essential metric in helping you sell smarter and retain longer. What is Customer Lifetime Value (CLV)? Reduce Customer Attrition.

CRM 26
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How the Utility Industry Can Use CRM to Double-Down on Customer Experience

SugarCRM

Many companies are now turning to their CRM to help both aid in customer retention and prevent customer churn. Because of this shift in customer expectations and needs, forward-thinking utility executives are placing a higher emphasis than ever on being proactive with their customer support strategies. .

CRM 26