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Customer Acquisition and Customer Retention: which one is more important

Before you sign up for a new business, you should ask yourself whether it is more important to find new customers or retain old customers. The more customers you have, the higher your return will be to the initial investment in the business. The average lifetime value of a customer is about 6 times higher for those who use their services once than those who use their services regularly. Therefore, losing a customer through lack of loyalty is much more expensive than gaining a new one by your brand advertising efforts.

Comparing the new market entry strategies: Uber vs Netflix.

Uber and Netflix are both successful new market entrants in their respective industry space.

A decline in organic reach on social media platforms

On the surface, social media might seem like a huge opportunity for brands. But growing numbers of consumers are following companies with a critical eye, seeing through the latest marketing strategy. Social media users are seeing your posts, but the content that audiences see organically on social media platforms is largely governed by algorithms. Social media networks want you to pay to play. Therefore, organic reach has declined.

10 reasons of over spending cost which the most of businesses are doing

Reasons Businesses Overspend

In today's business environment, it's easy to overspend. Here are 10 reasons why companies do overspend and how you can avoid them.

How to analyze qualitative data

Great marketing strategies of Apple, Southwest Airlines, and Budweiser

What’s the secret to success? It’s not having enough staff or funding to create a major marketing initiative. In fact, the most effective companies engage in several small-scale marketing efforts over time to build their brand awareness, generate leads and drive increased sales. So stop hording all your money for extravagant marketing campaigns and use it wisely. Find the experts that help you get there faster – and cheaper!

Procurement Department and untold stories

The procurement department is where it all happens.

Cost of talent acquisition vs. the cost of talent retention_ Which is higher

As a business owner or HR professional, you understand the importance of having top-notch talent on your team. However, finding and retaining that talent comes at a cost. In today's competitive job market, it's essential to strike a balance between acquiring new employees and keeping current ones happy. But which one costs more? Is it more expensive to attract new employees or keep your existing ones satisfied?

Security Testing From Agile Perspective

Development teams work extensively on ensuring that the application being developed has minimum time to market (TTM) possible. While at the same time, security considerations are not something that can be ignored now. This leads to a conflict between the goals of agile development methodologies and secure development. The best possible way out of this is to combine both as agile security to ensure the long-term viability of an application or software being developed. Agile security also addresses common weaknesses including automated testing, manual testing and configuration management. In this agile development environment consisting of various short sprints, finding and fixing vulnerabilities along with coding issues using traditional tools is a time-consuming task.