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Success with the Internet of Things Requires More Than Chasing the Cool Factor

Harvard Business

In my experience with dozens of organizations implementing IoT solutions, those that achieved their expected ROI changed their traditional business approaches in one or more of the following ways: They Developed a Partner Ecosystem. ” There are several strategies that can be used to develop IoT talent. Then go beyond that.

ROI 28
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How to Get People to Subscribe to Your Newsletter

Harvard Business

Indeed, one 2015 study revealed that email marketing had an average ROI of £38 (about $50 USD) for every dollar invested. First, it’s essential to develop a lead magnet — a free giveaway that people can download in exchange for sharing their email address. Here’s an example of one of mine.)

How To 28
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To Grow Your Business Abroad, Partner with Local Influencers

Harvard Business

They spend their days developing new content — videos, photos, blog posts, and podcasts — and engaging their followers. Headquarters has more resources to dedicate to developing best practices for identifying influencers, defining specific methods and goals for influencer collaborations, and tracking ROI.

B2B 29
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What Creativity in Marketing Looks Like Today

Harvard Business

Customers today are not just consumers; they are also creators, developing content and ideas — and encountering challenges — right along with you. Each outbound communication is measured individually for immediate ROI. Marketers are adopting the business practices of entrepreneurs such as lean startup and agile development.

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How Vineyard Vines Uses Analytics to Win Over Customers

Harvard Business

” Little did they know that the business they founded, Vineyard Vines, would become a darling of the fashion industry and a household brand name around the country. The solution that Fayez and his team have developed correlates customer behaviors and their interactions with the retailer’s online product catalog.

Retail 29
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How Customers Perceive a Price Is as Important as the Price Itself

Harvard Business

Bain & Company and ROI Consultancy Services (formerly PollBuzzer) recently surveyed almost 2,200 consumers in Atlanta and Washington, DC, about the prices at eight retail chains carrying groceries. The experience of a European discount apparel retailer illustrates the power of a disciplined price-perception program.

Retail 36