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9 Growth Initiatives for Successful Companies [With Examples]

Userpilot

Market Development involves selling existing products to new markets. Product Development aims to grow within the existing market by introducing new or enhanced products. Diversification is a strategy involving entry into unrelated markets or industries, often through new lines of business or partnerships.

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UX Research Process: A Step-By-Step Framework

Userpilot

The UX research process consists of 4 main stages, Discovery , Exploring, Testing, and Listening, which follow the development process and during which it becomes increasingly more specific. To recruit research participants, reach out to your existing users or tap into the pool of participants that your analytics tool may offer.

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Willingness to Pay in SaaS: Definition, Calculation, Factors + More

Userpilot

The key factors that affect the willingness to pay include the state of the economy, the quality of the product, your competitors, your brand image, and customer behavior. Experiments , like fake door tests , can also be used to assess your customers’ WTP. Start with existing industry reports to develop a general understanding.

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Customer Lifecycle Management in SaaS: How to Increase Engagement at Each Stage

Userpilot

With CLM, you gain customer insights into customer behavior, needs, and preferences to create better customer experiences , remove product friction to manage customer churn, and maximize customer lifetime value (CLV) by retaining customers and turning them into brand advocates. Example of a user persona. Slack’s plans include freemium.

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Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics. Think your customers will pay more for data visualizations in your application? Five years ago they may have.

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16 Customer Acquisition Strategies To Increase Conversion Rates

Userpilot

By staying consistent with your SEO efforts , you’ll not only enhance your search rankings but also establish your brand as an authority in your industry and niche. You can also implement A/B testing to see what resonates better with your audience. This expands your reach to a broader audience and adds credibility to your brand.

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15 Customer Intimacy Best Practices and Tips For B2B Companies

Userpilot

Provide convenient self-service support. Offer white-glove services to hyper-personalize onboarding and build more intimate relationships with customers. Create communities around your brand to connect directly with customers. Measure how your customers behave inside your app to improve the customer experience.