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Acquistion new customers vs Retent existing customer, which one is more challenge

In the world of business, one of the biggest challenges is attracting and retaining customers. With so much competition in every industry, it's crucial for companies to have a solid customer base that generates revenue. But what's more challenging - acquiring new customers or keeping existing ones? In this article, we'll explore both sides of the coin and analyze why one may be more difficult than the other. So buckle up and get ready to dive into the exciting world of customer acquisition and retention!

Social Media Marketing: Advantages and Challenges

Social media marketing is a marketing strategy that uses social media to build brand awareness and generate leads, customers, or other desired outcomes. Social media allows companies to create and share content quickly, which is often done in collaboration with other companies, brands, or non-profit organizations. This helps increase trust and credibility between the brand and its target audience who are often more receptive to messages because the information comes from friends.

The 360° Customer Journey – Do You Really Understand Your Customers?

Brand marketing and political campaigns

Top payment gateway in Vietnam

With the development of online payment systems, Vietnam has also witnessed a large number of online payment gateways being born. The competition among them is very fierce. A payment gateway is required to handle a huge number of transactions on a daily basis. The number can range up to millions per day, and the transaction volume can be even more than that. Vietnam’s eCommerce market is on the rise, with an estimated $6.388 billion in revenue by 2024. The Vietnamese commerce industry is expected to grow 30% between 2022 and 2025.

How to measure Employee satisfaction in your business?

Examining the Effects of Product Descriptions, Reviews, and Ratings on Purchase Decision

Understanding the consumer buying decision process means that businesses understand the stages customers go through to be able to come to a final decision whether to buy a product or not. This means that businesses should focus on creating products and services that meet the specific needs of each stage of the buying process, as any one stage can affect how likely a customer will remain/return as a customer. Customer Psychology is the study of how people make decisions, the reasons they buy and why they buy what they do. By understanding the psychology behind your customer, you can help your business develop more effective sales strategies and marketing campaigns, as well as build a deeper understanding of their journey within your business.

The Best Use Cases for One-step vs Multi-step Content Marketing Campaigns

The Best Use Cases for One-step vs. Multi-step Content Marketing Campaigns

Should you Invest in Bitcoin?

If you choose to invest, it’s important to maintain a diversified portfolio that includes several different types of investments to reduce your overall risk exposure. As a rule of thumb, don’t invest more than 10% of your portfolio in risky assets like Bitcoin. Although there are risks associated with the investment, the increased return potential over other asset classes might make them worth considering.