Only new clients are taken into account
Posted: Sun Feb 02, 2025 6:05 am
When a company is developing and expanding its customer base, it must not forget that it must also retain its old ones.
According to research conducted by Adobe, the conversion rate for acquiring new users in e-commerce averages 1–3%. If we talk about existing customers, this figure can be 60–70%.
It must be said that offline sales differ slightly from online sales in this situation, that is, retaining the company’s existing customers is very important and profitable in any case.
Lack of development
Time is constantly accelerating malaysia email list and changes are occurring more frequently, which can provide previously unexisting opportunities for development. Companies that do not pay constant attention to this process can quickly lose their attractiveness to consumers and lose the competitive struggle to companies that are constantly evolving.
Disregard for the interests of buyers
Any expenses on advertising promotion will not bring results if the consumer has no interest in your product.
A business should know the opinion of potential buyers about its products or services (what positive and negative aspects of a particular company's product consumers note). Thanks to such data, marketing efficiency can be significantly increased.
Refusal of the practice of using classical promotion methods
The Internet is a tool that companies can use to quickly find their customers and achieve their goals when entering the market. It is important to complement online promotion with traditional advertising channels. Signs, billboards, media and other tools should be used, ensuring versatile and effective marketing.
Lack of competitor analysis
It is necessary to pay attention to the analysis of the activities of other companies that work in the same market niche as you. Consumers always compare your company with them to decide who is more profitable for them to cooperate with. The modern level of development of Internet technologies allows any buyer to quickly evaluate the cost of goods from different companies, study their properties and read reviews. In this regard, you should always be aware of how competitors work so as not to yield to them in the quality of offers for the target audience.
According to research conducted by Adobe, the conversion rate for acquiring new users in e-commerce averages 1–3%. If we talk about existing customers, this figure can be 60–70%.
It must be said that offline sales differ slightly from online sales in this situation, that is, retaining the company’s existing customers is very important and profitable in any case.
Lack of development
Time is constantly accelerating malaysia email list and changes are occurring more frequently, which can provide previously unexisting opportunities for development. Companies that do not pay constant attention to this process can quickly lose their attractiveness to consumers and lose the competitive struggle to companies that are constantly evolving.
Disregard for the interests of buyers
Any expenses on advertising promotion will not bring results if the consumer has no interest in your product.
A business should know the opinion of potential buyers about its products or services (what positive and negative aspects of a particular company's product consumers note). Thanks to such data, marketing efficiency can be significantly increased.
Refusal of the practice of using classical promotion methods
The Internet is a tool that companies can use to quickly find their customers and achieve their goals when entering the market. It is important to complement online promotion with traditional advertising channels. Signs, billboards, media and other tools should be used, ensuring versatile and effective marketing.
Lack of competitor analysis
It is necessary to pay attention to the analysis of the activities of other companies that work in the same market niche as you. Consumers always compare your company with them to decide who is more profitable for them to cooperate with. The modern level of development of Internet technologies allows any buyer to quickly evaluate the cost of goods from different companies, study their properties and read reviews. In this regard, you should always be aware of how competitors work so as not to yield to them in the quality of offers for the target audience.