3.8x higher impact on profits (research)
An interesting research was conducted among 512 SaaS companies.
Researchers wanted to know what has the most impact on your bottom line?
Is it - improving acquisition, pricing, or retention?
They improved all 3 elements by 1% each.
Here are the results:
1. Improving acquisition by 1%, increased bottom line by 3.32%.
2. Retention - by 6.71%.
3. Pricing - by 12.70%.
Still focused on experimenting with acquisition?
Turns out - pricing beats acquisition by 3.8 times!
Source: www.priceintelligently.com
Cheers,Charlie Patel ;)
Your friend wants to get access to our invite-only community of growth hackers from companies like Uber, Google, Microsoft, TechStars, Disney, Adobe, Coca-Cola, Amazon, etc.? Here's your personal invitation link for him/her: http://e.growthhackingidea.com/?ref=2145324&a4=1&a5=9
Unsubscribe | GrowthHackingIdea / StartupGrowth.com | 1460 Broadway New York, NY 10036
Key phrases
Older messages
19% share insights why they cancel (study)
Friday, April 28, 2023
Today's hack This tiny question gets 19% of customers to tell why they cancel... Do you ask it? Alex from GrooveHQ wanted to know why customers cancel their subscription. He started to send them
$30,000/year from trash (study)
Thursday, April 27, 2023
Today's hack This framework turned stale contacts into $30K in annual recurring revenue... Instapage was about to purge 55000 stale database contacts. But instead they applied this simple framework
+10.7% more profits (5 minutes to apply)
Wednesday, April 26, 2023
Today's hack [Study] This small 5-minute change boosted profits by +10.7% (you can apply it now)... Alwin ran an interesting experiment. He wanted to A/B test what photo of him on his landing pages
Make 12x more people remember your message
Tuesday, April 25, 2023
Today's hack How to make 12x more people remember your message... Did you know that... After a presentation, 63% of attendees remember stories. Only 5% remember statistics. That's 12 times less
2x your open rates and CTR (study)
Monday, April 24, 2023
Today's hack Simple approach that doubled open rates and CTR Gregory thought sending more content would create more engagement from his email list. He was sending short descriptions and links to 5-
You Might Also Like
Computer Vision in the 1980s: Translating Visual Processing into Algorythms
Wednesday, April 24, 2024
A Quiet Decade of Key Advancements
🦅 This will increase your productivity 10x
Wednesday, April 24, 2024
Will 𝕏 charge all new users? / New LinkedIn feature / Instagram profile Notes will be available to all Growth Notes by Hypefury 🦅 Together With Road to Freedom Hey Reader, Yannick here. In this
The end of Steph-LeBron-KD
Wednesday, April 24, 2024
Wed, April 24th, 2024
Blockchain Groups Sue SEC Over Dealer Rule
Wednesday, April 24, 2024
Plus Venezuela Adopts Tether Amid Sanction Concerns
Digiday Programmatic Marketing Summit: Only a few spots left
Wednesday, April 24, 2024
Connect with leaders from Spark Foundry, Assembly Global, HP and more
Shopify Dispatch Issue #448 - Low-cost items, PCI DSS v4 in Shopify
Wednesday, April 24, 2024
Issue #448 - April 24th, 2024 Your Low-Cost Items Kevin Hillstrom writes about having a low-cost product that's loved by customers and keeping it low-cost. This is why Costco's $1.50 hot dog
[Webinar] Supercharge your social workflow with AI
Wednesday, April 24, 2024
AI Bootcamp–last chance to register!
The marketing and sales alignment you need now
Wednesday, April 24, 2024
Today's Guide to the Marketing Jungle from Social Media Examiner... Presented by Social Media Marketing World logo Tomorrow is 🐧 World Penguin Day, Reader! Birds in formalwear… They always make the
Alternatives To Big Social
Wednesday, April 24, 2024
I like LinkedIn. I enjoy the connections I make there and I enjoy seeing where everyone is in their business life. But I've recently found that smaller social networks really where the true
This A.I. demo blew their minds !
Wednesday, April 24, 2024
Why spend hours learning the different AI tools out there while you try to copy and paste your struggles away? View in browser ClickBank Did you see it last night ClickBanker? If you've been toying