Wednesday, November 16, 2022

Crypto.com customers worry it could follow FTX, CEO reassures them

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.

Publisher: CNBC
Date: 2022-11-15T20:55:12 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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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:

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Publisher: CEOWORLD magazine
Date: 2022-11-15T13:09:33 00:00
Author: Joseph A Michelli
Twitter: @ceoworld
Reference: (Read more) Visit Source



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.

Publisher: CNN
Date: 2022-11-15T14:12:27Z
Author: Paul R La Monica
Twitter: @CNNbusiness
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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.

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Publisher: ReadWrite
Date: 2022-11-14T19:00:39 00:00
Twitter: @RWW
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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.

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Publisher: Forbes
Date: 2022-11-15
Author: Lauren Debter
Twitter: @forbes
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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.

Publisher: https://www.wilx.com
Twitter: @wilxTV
Reference: (Read more) Visit Source



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.

Publisher: CNN
Date: 2022-11-14T19:40:49Z
Author: Allison Morrow
Twitter: @CNNbusiness
Reference: (Read more) Visit Source







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