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The probability of selling to an existing customer is 60 – 70%. The probability of selling to a new prospect is 5-20% – (Marketing Metrics). Customer retention leads to higher ROI than customer acquisition, as customer acquisition requires to spend more effort and resources to get a new client than keep serving an existing one. You…
Every industry faces their own challenges. For tradies, those challenges are often the local competition and difficulties to reach clients. The Foxynet Solutions team came up with a list of tips to help Tradesmen to increase their audience reach and improve their brand image. 1- Target local community Spending money on advertisement large-scale if you…
Faster, objective, accurate, updated. AI open new possibilities as it doesn’t think like a human. It thinks like a machine. AI is not limited by feelings, likes or dislikes, physical needs, time or a limited amount of information than the human brain can process. The wonderful gift of Big Data One of the game changers…
Your marketing strategy is the link that enable you to communicate to existing and potential clients. If you have a limited budget but are willing to spend time on it on a regular basis, you can still generate profitable results. In this article we walk you through the best practices in marketing on a budget.…