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The 3 Biggest LTV Mistakes Businesses Make (And How to Fix Them)

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Manage episode 434539482 series 2800651
Content provided by Tier 11. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tier 11 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ralph and Lauren go into a deep discussion about marketing metrics that truly matter. They cover the importance of customer lifetime value, sharing strategies to encourage repeat purchases and maximize long-term profitability. They also talk about often-overlooked post-purchase experience, including effective email sequences and personalized touches like handwritten notes. Tune in to hear Ralph and Lauren’s fresh perspectives on how to build stronger, more profitable customer relationships.

Chapters:

  • 00:00:00 - Kicking Off with Laughs and Penultimate Introductions
  • 00:01:00 - The Tale of the T-Shirt: Adventures in Penis Memorabilia
  • 00:03:27 - From Laughs to Leads: Diving into Marketing Performance Indicators
  • 00:07:40 - Unpacking Customer Lifetime Value (LTV) Like Never Before
  • 00:11:51 - Beyond First Sales: Strategies to Keep Customers Coming Back
  • 00:14:00 - Avoiding the Pitfalls of Discounting
  • 00:17:30 - Personalizing the Customer Experience
  • 00:19:15 - The Role of Email in Boosting Repeat Sales
  • 00:20:58 - The Art of the Follow-Up: Email Reorder Sequences Done Right
  • 00:22:14 - Welcome Sequences: Turning First Impressions into Lasting Loyalty
  • 00:23:43 - Ensuring They Actually Use It: Steps to Boost Product Consumption
  • 00:29:06 - Retargeting Magic: How to Bring Customers Back for More
  • 00:34:07 - The Customer Experience: Little Touches That Make a Big Difference
  • 00:37:22 - Personalizing the Post-Purchase: The Power of Handwritten Notes
  • 00:39:27 - Wrapping Up: Final Thoughts and Key Takeaways

LINKS AND RESOURCES:


Thanks so much for joining us this week. Want to subscribe to Perpetual Traffic? Have some feedback you’d like to share? Connect with us on iTunes and leave us a review!

  continue reading

500 episodes

Artwork
iconShare
 
Manage episode 434539482 series 2800651
Content provided by Tier 11. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tier 11 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Ralph and Lauren go into a deep discussion about marketing metrics that truly matter. They cover the importance of customer lifetime value, sharing strategies to encourage repeat purchases and maximize long-term profitability. They also talk about often-overlooked post-purchase experience, including effective email sequences and personalized touches like handwritten notes. Tune in to hear Ralph and Lauren’s fresh perspectives on how to build stronger, more profitable customer relationships.

Chapters:

  • 00:00:00 - Kicking Off with Laughs and Penultimate Introductions
  • 00:01:00 - The Tale of the T-Shirt: Adventures in Penis Memorabilia
  • 00:03:27 - From Laughs to Leads: Diving into Marketing Performance Indicators
  • 00:07:40 - Unpacking Customer Lifetime Value (LTV) Like Never Before
  • 00:11:51 - Beyond First Sales: Strategies to Keep Customers Coming Back
  • 00:14:00 - Avoiding the Pitfalls of Discounting
  • 00:17:30 - Personalizing the Customer Experience
  • 00:19:15 - The Role of Email in Boosting Repeat Sales
  • 00:20:58 - The Art of the Follow-Up: Email Reorder Sequences Done Right
  • 00:22:14 - Welcome Sequences: Turning First Impressions into Lasting Loyalty
  • 00:23:43 - Ensuring They Actually Use It: Steps to Boost Product Consumption
  • 00:29:06 - Retargeting Magic: How to Bring Customers Back for More
  • 00:34:07 - The Customer Experience: Little Touches That Make a Big Difference
  • 00:37:22 - Personalizing the Post-Purchase: The Power of Handwritten Notes
  • 00:39:27 - Wrapping Up: Final Thoughts and Key Takeaways

LINKS AND RESOURCES:


Thanks so much for joining us this week. Want to subscribe to Perpetual Traffic? Have some feedback you’d like to share? Connect with us on iTunes and leave us a review!

  continue reading

500 episodes

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