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Keep Your Cost Per Customer Low

Strategy Driven

Acquisition cost is one of the preferred metrics on Google Ads to enhance the value of your ads. In the world of Google AdWords, the metric is used to automatically increase bids in AdWords auctions to maximize chances when a user is likely to convert. Paid marketing doesn’t have to break the bank. Improve your SEM campaigns.

Cost 65
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The Importance of Risk Assessment in Business

Strategy Driven

Risks are part and parcel of everyday life. Externally, there are political issues, interest and exchange rates, new market competitors, and financial risks such as investments. To safeguard your business as much as possible, a risk management plan is vital. What Does a Risk Management Plan Entail? What should you do?

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Leadership & Emotional Control | N2Growth Blog

N2Growth Blog

Even if you don’t find yourself having to frequently deal with extreme situations, it is often nothing more than normal dealings in the ordinary course of business that can place you at a nexus…Do you make your decision based upon the facts at hand and sound decisioning metrics, or do you let your emotions drive your decisions?

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What to Do When Each Department Uses Different Words to Describe the Same Thing

Harvard Business Review

” and the marketing team provides one answer, sales a second, and accounting a third. Thus, the term “customer” can mean a potential buyer to the marketing department, the person who signed the purchase order to sales, and the legal entity that it bills to accounting. Jorg Greuel/Getty Images.

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Workforce Analytics Isn't as Scary as It Sounds

Harvard Business Review

How many organizations would rely mainly on intuition when taking a new product to market? ready to weigh and measure any parcel of human nature, and tell you what it comes to." The truth is that Gradgrind would make a terrible manager. Sprint also discovered that its existing metrics were rewarding the wrong behaviors.

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Will Moneyball Analytics Kill Loyalty and Leadership?

Harvard Business Review

After looking hard at the numbers and algorithms, the smartest — and richest — general managers and franchises have made up their collective minds: They're not paying a premium for yesterday. That's the new quantitative consensus reshaping professional sports worldwide. Yesterday" is a sunk cost. But why not?

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6 Ways to Keep Good Ideas from Dying at Your Company

Harvard Business Review

Anyone who has worked inside a large organization can rattle off a lengthy list of the things that regularly kill promising ideas: conflict with existing businesses, naysayers, management turmoil, insufficient resources. Many companies have figured out how to parcel out small amounts of money to employees cultivating something new.