Thu.Feb 03, 2022

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Prestige Pricing: What It Is & Why It Works (Examples)

Crayon

Q: How much is a product worth? A: Whatever people will pay for it. In some cases, that’s nothing (not great!). In others, it means charging a premium because, well, you can. Today, we’re focusing on the latter. This principle is what allows the enigmatic restaurateur Salt Bae to charge $1,200 for a ribeye flecked in gold leaf. It’s what makes a shiny rock in a pretty, robin-egg box cost 5x more than a shiny rock purchased from a jewelry shop that shares its parking lot with a Cheesecake Factory

IT 616
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Several IIoT Solutions That Help Your Business

Smart Data Collective

For the first time, the Internet of Things (IoT) appeared in 1999. The basis of this concept is data transmission between devices that allows them to gather, process, and analyze information using special equipment and software. In other words, the IoT system means connecting things (equipment) to the Internet for improving the quality of people’s life.

Business 283
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The Great Customer Resignation

Zoominfo

As we enter another year of global uncertainty, everyone is searching for something positive — including your customers. As the pandemic continues to upend our expectations, brands are finding that consistency has become more essential. And with more options than ever, consumers find it easier to write off a brand after a negative experience. For the 12th consecutive year, the strength of consumer relationships and trust in brands have declined.

Education 100
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Data Analytics Helps Optimize Subscriber-Based Business Models

Smart Data Collective

The subscription market enjoys immense popularity. The one-time purchase method isn’t considered to be efficient within specific niches. Therefore, the subscription business model is changing how customers pay for the service they receive. The concept includes paying a small fee over the time of the relationship between the company and the customer.

Business 268
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Are Your Impact Comms Resonating With Stakeholders?

Whether your organization is at the start of its sustainability and impact journey or years into it, many brands share a common concern: the uncertainty of whether they are sending stakeholders mixed messages. Creating content that speaks to your audience's “love language” can be a tricky dance. But, worry not! 3BL has put together tips to ensure that your content not only finds its rhythm but also resonates with your target audiences.

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The Expert Guide to Creating a Marketing Growth Strategy

CXL

Rob Sobers said about the marketing growth strategy, “It’s not about tactics—it’s about people and process.”. And when it comes to people, you need buy-in from all over the organization. Growth is everyone’s business. When it comes to process, growth marketers must learn to fail. And fail fast. A marketing growth strategy is about small and incremental wins that build up over time.

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7 Mind-Blowing Facts You Didn’t Know About AI

Smart Data Collective

The concept of artificial intelligence has been around for some time now, and there are major breakthroughs in AI technology. AI developers are making progress creating new applications. There are tons of devices that use artificial intelligence because there are tons of artificial intelligence companies that deal in many spheres. Efforts over the past two decades have been primarily focused on the development of artificial intelligence and machine learning.

Algorithm 241

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Can VPN Increase Your Internet Data Transmission Speed?

Smart Data Collective

VPN technology is becoming a defining feature of a world governed by big data. This is one of the reasons the market is projected to be worth almost $34 billion by 2026. There are many reasons that data-driven consumers and businesses are interested in using VPNs. Many people wonder whether they should use VPNs to improve the speed of their Internet connections, which is a growing concern as big data becomes more of a priority.

Gaming 196
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KPIs vs Metrics: Understanding The Differences With Tips & Examples

Datapine Blog

Table of Contents. 1) What Are KPIs? 2) What Are Metrics? 3) KPIs vs Metrics: Main Differences. 4) Tips For KPI & Metrics Tracking. Performance tracking has never been easier. With the rise of modern self-service BI tools , everyone can monitor relevant performance indicators in a matter of seconds. But this is not without problems. Having the ability to analyze your data fast and efficiently doesn’t always mean you are doing it correctly.

KPI 75
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What is Sales Intelligence?

Owler

Sales Intelligence to Streamline Your Data The B2B data that informs the sales process and enables sales teams to find quality leads is acquired from many sources. Sales intelligence helps to deliver this data. Learn more. Sales intelligence refers to software used to collect, analyze, and apply data to potential customers and prospects. Owler Pro aims to simplify your workflow as a sales intelligence platform, delivering you a holistic view of a potential client’s enterprise.

Sales 75
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Global Cloud Buyers: Where They're Spending and How to Find Them

Intriccately

Go-to-market teams use Intricately’s cloud data for a clear view into the many sectors of the cloud infrastructure market. Throughout the year, we release cloud market reports that drill down into what’s happening – with buyers and sellers – in each corner of the cloud.

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7 Strategies to Gather (and Actually Use) Competitive Intel from Employees

Leaders in competitive intel know that the employees who interact with customers and prospects every day hold valuable competitive insights that could help win sales. But they don’t have a good plan or system to gather, organize, and share these insights with the stakeholders who need them. In this eBook, we outline 7 strategies to make it easier to build and scale an employee sharing program that will drive competitive advantage.

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How to Use Data Analytics to Gain Valuable Insights with Limited Data

Dataversity

Every modern business professional understands the importance of data. Data can separate the forest from the trees, providing business leaders with a new perspective. From valuable insights regarding customer satisfaction to understanding vital improvements that you can make operationally, data analytics can provide a huge return on investment. However, many businesses shy away from Data Science and analytics because they feel […].

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Update on Next Tuesdays Events

SCIP

Not sure which SCIP event next Tuesday is right for you? Let us help. We've got two great events planned next week for SCIP members. Not sure which one is right for you? Let us help. OPTION 1 - Are you interested in M&CI software, but don't want a sales pitch? And you only have 30 minutes to spare?? Tips on Picking The Right M&CI Software. When: ?

SCIP 40
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11 Intriguing Roles for Data Scientists in 2022

Dataversity

Data Science is a diverse field with an array of career and job options out there to pursue. The modern economy is dependent on data and data analysis so, naturally, data scientists are in high demand and enjoy good salary and job security prospects. With that in mind, below are 11 intriguing roles for data […]. The post 11 Intriguing Roles for Data Scientists in 2022 appeared first on DATAVERSITY.

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Top Benefits of Using Docker for Data Science

Smart Data Collective

Docker is one of the two most popular DevOps platforms for data scientists. There are over nine million Docker accounts and the number of developers using Docker is growing 30% a year. There are a lot of compelling reasons that Docker is becoming very valuable for data scientists and developers. One of the reasons is that the configuration and user interface is so intuitive and convenient.

IT 293
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What Regulations Will Impact Sustainability Comms in 2024?

Navigating the waters of sustainability reporting disclosures and regulations can be intimidating, to say the least. With various measures set in motion in 2023 to keep companies accountable, there is a lot in store for brands’ impact communication in the upcoming year. 3BL is kicking off this January with our Navigating ESG Comms Through the Cosmos - Capricorn Edition by highlighting the impact of: The U.S Securities and Exchange Commission (SEC) Climate disclosure rules The European Commission

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Growth Marketing: The Skills and Frameworks You Need

CXL

When WordStream began receiving complaints that the seven-day free trial of their PPC management software wasn’t long enough, the brand decided to A/B test 14-day and 30-day trials. The results? Prospect trial to conversion rates fell with the longer trials. WordStream confirmed that seven days was plenty of trial time, and they didn’t need to waste resources chasing customers down a longer funnel.

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5 Ways Where Data-Driven Analytics Reshaped The Software Industry

Smart Data Collective

Thanks to the rapid digital transformation , the software industry is one of the fastest-growing industries globally. Data analytics helps to determine the success of the business. Although the COVID-19 pandemic harmed several businesses, the software industry didn’t suffer much of a collapse. Digital technology has helped almost every industry.

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Marketing Objectives for the Product Lifecycle Growth Stage

CXL

Groove’s customer service platform almost died in the introductory stage because they forgot to listen to their customers. They drew people in with a product they assumed would be a hit and pushed forward without taking in customer feedback. The result? People had a terrible experience using their product. After turning their attention toward feedback and testing, letting the voice of their customers fuel their content strategy and product development, they took off.

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Competitor Analysis Template & How-To Guide

Netbasequid

In a previous post, we talked about competitive intelligence and its benefits, strategy, as well as examples of information that can be analyzed to yield insights. One component of competitive intelligence is having a competitor analysis template to inform your efforts. And we have one for you here! A deep level of intelligence on your competitors is necessary to gauge your standing in the market.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr