As the crypto universe reckons with the fallout of FTX's rapid collapse last week and tries to figure out where the contagion may head next, questions have been swirling around Crypto.com, a rival exchange that's taken a similarly flashy approach to marketing and celebrity endorsements.
Should You Break Up with Some of Your Customers? - CEOWORLD magazine
"By 2025, 75% of companies will 'break-up' with poor-fit customers as the cost of retaining them eclipses good-fit customer acquisition costs."
Since the idea of proactive customer break-ups is counter to prevailing approaches (e.g., most leaders believe all customers should be retained), I hope you'll consider three questions concerning this approach:
Home Depot customers are spending more, but that's mainly due to inflation | CNN Business
Good news for home improvement retail giant Home Depot: Sales were up nearly 6% from a year ago, topping Wall Street's forecasts. Earnings were better than expected, too.
The DIY leader said in its third quarter earnings report that the number of customer transactions fell more than 4% from a year ago. But those shoppers are spending more, partly due to inflation. Home Depot noted that the average customer ticket was nearly $90, up about 9% from a year ago.
Upsell to Existing Customers | 6 Tested Upselling Strategies with Examples - ReadWrite
Upsell to Exiting Customer, Strategies Explained: Did you know it costs five times more to acquire a new customer than it does to sell an existing one? Well, as digital marketers, we know the pressure of producing results with a limited budget.
Upselling and cross-selling are such opportunities that produce promising results without drenching you in a heavy sweat. In 2021, more than 60% of experienced sales leaders used upselling and cross-selling techniques to achieve their goals.
Walmart Attracting Wealthier Customers Looking For Cheaper Groceries As Inflation Rages
W almart is winning customers looking to stretch their paychecks at a time of high inflation, using its immense size to offer lower prices on groceries than competitors.
The retailer said same-store sales in the U.S. grew 8.2% in the third quarter, topping expectations and sending its stock price up 7% on Tuesday morning.
Customers can expect to pay more for their heat this winter
LANSING, Mich. (WILX) - U.S. customers can expect to pay up to 28% more for their heat this winter according to the U.S. Energy Information Administration. Depending on how much heat you use, you can expect to pay a couple hundred more this winter.
FTX: Customers who trusted crypto giant may be left with nothing | CNN Business
As the dust settles from one of the most shocking financial implosions in history , one of the key unknowns is how much customers who can't access their money expect to get back from FTX, the crypto exchange that filed for bankruptcy last week.
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