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If you were the owner of a fast food restaurant that sold milkshakes, and your milkshakes weren’t selling well, how would you go about improving your milkshakes? Would you buy higher quality ingredients? Would you survey customers to see what flavors they would like to see on the menu? Would you focus on one popular …

Read More about Book Summary: Competing Against Luck – The Story of Innovation and Customer Choice

95% of sit-down restaurants and 87% of fast-food restaurants intend to add more payment methods between now and 2025. With customer demand for new payment options at an all-time high, restaurants need to adopt new payment methods to stay competitive. To get an accurate view of the situation, we surveyed restaurant leaders about how they …

Read More about How Payment Strategies Can Deliver Restaurant Sales Amid Rising Prices and Shifting Demand

Churned customers represent a majority of the customer database for most online businesses. Re-engaging them successfully offers a huge opportunity to increase revenues. In this article, we’ll show you how to accurately identify churn and soon-to-churn customers and successfully re-engage them, to grow your business through your existing customer database. You will learn to: Define …

Read More about How do I re-engage churned customer to accelerate business growth?

Did you know that 96% of customers now read local business reviews? Neither did we. But after reading Moz’s new local business report, it’s apparent that customer reviews can greatly influence their decisions – and the health of your business. Here’s a few more interesting stats from the same report that could help you better …

Read More about Marketing: Why you should care about customer reviews more than you might think

Like they say, it’s a lot more expensive to acquire a new customer. And when a recession hits, the expensive stuff usually gets the first chop… … So advertisers are banking on retention: Teams are moving away from acquisition and shifting to “building brand loyalty,” Twillo reports. 67% of marketers claim they’re focusing on retaining …

Read More about Advertising: Customer retention takes priority, mobile spending rises