How a better understanding of behavioural marketing could help ‘recession proof’ a business?
How a better understanding of behavioural marketing could help ‘recession proof’ a business? One of the biggest mistakes facing businesses today is making strategic decisions based on incorrect data and taking survey and focus group data as gospel. It’s likely that 62.5%+ of answers in any given survey are erroneous. A recession will influence your […]
Why Customer Value Optimisation (CVO) is the biggest opportunity for ecommerce brands this year
How Nespresso Maintain Market Dominance When acquiring new customers is 5-25X more expensive than retaining existing ones, focusing on retention and lifetime value is a no-brainer for growth. We sat down with Webprofits’ Chief Strategy Officer, Ben Fitzpatrick, to discuss why Customer Value Optimisation (CVO) is the biggest opportunity for ecommerce and D2C brands this […]
How Nespresso Maintain Market Dominance
How Nespresso Maintain Market Dominance Nespresso changed the coffee industry with their technology in the 80’s. Their new coffee machine with sealed coffee pods allowed customers to make Italian style coffee, at home, at a fraction of the cost. 35 years later the company is still thriving, turning over more than USD$6.3 billion in 2020, 7% […]
