Douglas Karr's Articles on Martech Zone
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The Power of Customer Loyalty Programs: Driving Retention and Boosting Profits
Customer loyalty has emerged as a business lifeline in an economic landscape characterized by uncertainty and fierce competition. Too often, during periods of prosperity, companies become enamored with chasing new customers, neglecting the valuable relationships they’ve already cultivated. Yet, when economic headwinds arise, loyal customers provide the bedrock of stability and the potential for future growth. These steadfast patrons nurtured…
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The Digital Transformation of Grocery Shopping: A New Era for Consumers and Retailers
I’m torn about digital grocery shopping. While I appreciate the convenience of having my groceries delivered or picking them up at the store, I seem to get an inconsistent product selection, especially meat, fruits, and vegetables. As a result, my deliveries and pickups often exclude anything but dry goods and drinks. I’m not sure how this issue will be resolved…
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10 Sales Performance Stats To Know
Monitoring key sales performance metrics is crucial for making informed decisions and driving growth. This comprehensive guide will explore four main categories of sales metrics: Revenue Metrics, Market Metrics, Customer Metrics, and Performance Metrics. We’ll delve into each category, defining individual metrics and explaining their importance in measuring sales effectiveness. Revenue Metrics Revenue metrics are fundamental indicators of a company’s…