From the category archives:

Customers

Is it OK to Ask Your Customers for a Yelp Review?

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Michael Luca, Assistant Professor of Business Administration at Harvard Business School, wrote a really good anlaysis on Harvard Business Review entitled “Yelp Is Leaving Chains Behind”, on the real impact of Yelp and its review and ratings system on a business’s bottom line. Michael conducted research and studied records on 3,582 restaurants that were in business in Seattle at any point from 2003—2009 and discovered that increases in independent or small chain restaurants’ Yelp ratings lead to revenue increases, with ratings having more impact the more reviews a restaurant gets.  It’s  also a great example of how important it is to measure [...]

 by Roohi Moolla on February 2, 2012 · 0 comments

tagged as , , , in Business,Customers,Entrepreneurship,Social Media,Start-ups,Yelp

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Editorial: An Open Letter to Cirque de Soleil

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Dear Cirque de Soleil, First, I need to tell you of my absolute admiration for the incredible accomplishments of Cirque de Soleil – artistic and creative, ingenious and inventive, athletic and graceful, masterful and musical – just a true joy to watch and experience the “grandest circus” of them all. I’ve had the pleasure of seeing 3 Cirque de Soleil shows in my life, the first was Saltimbanco in Seattle about 12 years ago, the second was Zumanity in Las Vegas 6 years ago, and last weekend I saw Totem in San Francisco – all of them beautifully executed with [...]

 by Roohi Moolla on December 17, 2011 · 1 comment

tagged as , , , , , in Brand Management,Business,Communication,Customers,Editorials,Entertainment,Marketing,PR,Reviews,Social Media,Technology

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Constant Contact Fall 2011 Survey: Significant Increase in Small Business Use of Social Media Marketing

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Small businesses appreciate social media, according to a new survey by Constant Content.

The report states the small businesses have changed their attitude as they have become familiar with social media marketing. Some of the businesses state ease-of-use in a statistic from six months ago when 54% thought so to the current 67%.

 by Roohi Moolla on November 18, 2011 · 2 comments

tagged as , , , , , , , in Advertising,Business,Customers,Email Marketing,Facebook,Marketing,Metrics,Social Media,Start-ups,Twitter

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How Much Is A Customer Really Worth to You?

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Do you know how much a customer is really worth to your business? Many small businesses think of their customers as one-time, single purchase customers. But not only do you generate more revenue from a customer who buys your product more than once, you’ve also reduced the cost of acquiring that customer, since you didn’t have to work as hard for the second sale. In addition, if that customer is happy, they could also potentially be an evangelist of your products, and tell their friends and colleagues about your business. Nurturing repeat customers by creating personalized experiences and building ongoing [...]

 by Roohi Moolla on June 24, 2011 · 0 comments

tagged as , , , , in Business,Customers,Marketing,Metrics,Social Media

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