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Average Customer Retention Rate By Industry & How to Improve Your SaaS Retention Rate

Userpilot

Understanding the average customer retention rate for your industry is critical to determining the health of your business. It tells you whether your customer retention rate is too low or just good enough. If customers are the lifeblood of any business, then customer retention is the glue that holds it all together.

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Product Positioning for Product Managers

Department of Product

Product Positioning for Product Managers Why an understanding of how your product is positioned is critical A key responsibility for Product Managers is to define how their products are positioned in the market. This is the result of unique product positioning.

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How to be more innovative | Sam Schillace (Microsoft deputy CTO, creator of Google Docs)

Lenny Rachitsky

While at Google, Sam helped lead many of Google’s consumer products, including Gmail, Blogger, PageCreator, Picasa, Reader, Groups, and more recently Maps and Google Automotive Services. Sam was also a principal investor at Google Ventures, has founded six startups, and was the SVP of engineering at Box through their IPO. .

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Become a Product Visionary with Alternative Futures Analysis

The Product Coalition

Netflix took note of changes in consumer behavior, the creation of new distribution models, and rapid increases in network speeds that would eventually unlock streaming. The upstart positioned itself to capitalize off of these forces, while Blockbuster ignored them at its peril. Of course, the lesson here is: innovate or die.

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6 Ways Your Business can Benefit from Negative Reviews

Alchemer Mobile

Even big brands have had their fair share of angry outpour from disgruntled customers and survived. While larger companies’ reputations can sustain a few blows without actually collapsing, small businesses can’t rely on the benefit of the doubt to amortize customers’ wrath as effectively. Show Your Customers You Care.

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The Shopping Cart Abandonment Problem: How Machine Learning Can Help!

The Product Coalition

As a store owner, you have done all the work to get the customer interested, finally engaged with them for them to come to your web site or the app and only to lose them when they were ready to make a purchase. That is even worse for Mobile users which is 85% (15% higher). How do they research products they want to buy?

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447: Better product portfolio management – with Gareth Bradley

Product Innovation Educators

For example, automotive entertainment requires a lot of software for a vehicle. ” As an organization, you have to think about how you can maintain your position in the market. The crowd is employees, supply chain, partners, and customers—anyone you collaborate with.) What are customers telling you?