new friends

Facebook’s New Friends-Only News Feed Will Still Have Ads

Source: http://www.businessinsider.com/facebooks-new-friends-only-news-feed-will-still-have-ads-2013-3

facebook news feed with sponsored postFacebook revealed its redesigned news feed today,

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Thursday, March 7th, 2013 news No Comments

Moo.com makes business cards from your Facebook Timeline, strangely offers no Like button on its site

Source: http://www.engadget.com/2012/01/05/moo-business-cards-from-your-facebook-timeline/

moo facebook business card Moo.com makes business cards from your Facebook Timeline, strangely offers no Like button on its site

It’s a new year, which probably means that you’re due for new business cards. And look, your card design from last year is precisely that — so last year. Moo has announced a clever new design, which allows you to “take your Facebook Timeline offline, and hand it out to new friends, contacts and potential clients.” Wildly enough, creating ‘em is as easy as tweaking your Timeline. Once you’re ready to roll, just sign in and allow Moo to access your data (cue privacy advocate yelling), check that you spelled your name right and hand over $15 for a stack of 50 cards. Once you receive ‘em, you can navigate back to the site and Like its page as a reward… oh, wait.

Moo.com makes business cards from your Facebook Timeline, strangely offers no Like button on its site originally appeared on Engadget on Thu, 05 Jan 2012 17:52:00 EDT. Please see our terms for use of feeds.

Permalink Pocket-lint, The Verge  |  sourceMoo.com  | Email this | Comments


drag2share – drag and drop RSS news items on your email contacts to share (click SEE DEMO)

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Thursday, January 5th, 2012 news No Comments

Moo.com makes business cards from your Facebook Timeline, strangely offers no Like button on its site

Source: http://www.engadget.com/2012/01/05/moo-business-cards-from-your-facebook-timeline/

moo facebook business card Moo.com makes business cards from your Facebook Timeline, strangely offers no Like button on its site

It’s a new year, which probably means that you’re due for new business cards. And look, your card design from last year is precisely that — so last year. Moo has announced a clever new design, which allows you to “take your Facebook Timeline offline, and hand it out to new friends, contacts and potential clients.” Wildly enough, creating ‘em is as easy as tweaking your Timeline. Once you’re ready to roll, just sign in and allow Moo to access your data (cue privacy advocate yelling), check that you spelled your name right and hand over $15 for a stack of 50 cards. Once you receive ‘em, you can navigate back to the site and Like its page as a reward… oh, wait.

Moo.com makes business cards from your Facebook Timeline, strangely offers no Like button on its site originally appeared on Engadget on Thu, 05 Jan 2012 17:52:00 EDT. Please see our terms for use of feeds.

Permalink Pocket-lint, The Verge  |  sourceMoo.com  | Email this | Comments


drag2share – drag and drop RSS news items on your email contacts to share (click SEE DEMO)

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Thursday, January 5th, 2012 news No Comments

Spending Tons Of Money To Attract New Customers Is A Stupid Idea

Source: http://www.businessinsider.com/spending-tons-of-money-to-attract-new-customers-is-a-stupid-idea-2011-11


If you’ve ever tried to explain the concept of “make new friends but keep your old ones” to a five-year-old, you have a pretty good perspective on how many high-growth businesses approach customer acquisition and retention.  Growing businesses tend to spend so much of their time and money acquiring new customers that they often overlook their best source of growth: retaining and growing their existing customer base.

One of our clients has more than 90 percent of its resources–people, marketing budget, etc.–focused on creating millions of new customers a year. Their business model is based on monthly recurring feeds, much like the cable or wireless industries. Customers come in and they stay…until they don’t. An analysis of the client’s historical data shows that the average customer stays for an average of 2.5 years. Because their customer acquisition cost is lower than their expected customer lifetime revenue, they reach a break-even point in less than two years. So it’s a great business, as long as they keep generating new customers, right?

Wrong. The problem is that as the management team’s growth expectations increase, it gets increasingly harder to acquire more customers. As a result, customer acquisition costs go up and the quality of customers, in terms of how long they stick around, goes down.

To solve this growth dilemma, the client needs to ask three key questions:

  • What revenue growth will we achieve if we keep our existing customers for just one additional month, on average?
  • What will it cost us to do this by, say, improving customer service or adding customer benefits?
  • How does this growth compare, both in magnitude and cost, to acquiring new customers?

The answer for our client will be the same as it is in almost all businesses. It’s cheaper, easier, and more effective to retain current customers than it is to acquire new ones. In fact, if this business can retain all of its customers by just one additional month on average, they can achieve an additional 3 percent of annual growth. If they can retain their customer base for four additional months, they can create double-digit growth–without adding a single customer.

It’s simple math–something that even a five-year-old might understand.

This post originally appeared on Inc.

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drag2share – drag and drop RSS news items on your email contacts to share (click SEE DEMO)

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Tuesday, November 29th, 2011 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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