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Winning Back Abandoned Carts: Effective Techniques for Cart Recovery

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Winning Back Abandoned Carts: Effective Techniques for Cart Recovery

A solitary abandoned cart might seem inconsequential in the bustling digital bazaar that is the eCommerce of today. Yet, when looked at collectively, these unclaimed carts represent a staggering amount of potential revenue slipping away. 

What causes a customer, eager to purchase, to suddenly change course? The list of reasons might be endless, but the most common are:

  • High shipping costs or long delivery times: rapid and affordable deliveries are the expectation, not the luxury.
  • Complex checkout process: a labyrinthine checkout can deter even the most enthusiastic buyer.
  • Security concerns: with the world rife with cyber threats, customers need to be assured of their data’s safety.
  • Limited payment options: a restricted choice can mean a lost sale, as customers have varied payment preferences.
  • Website errors or slow load times: a seamless online experience is paramount; glitches can quickly divert potential sales elsewhere.

The real question, though, is how can businesses address these issues and win back these customers?

The path to resolution is multifaceted, yet incredibly rewarding for those willing to invest the effort. As we dive in, we will explore proven techniques and considerations that not only tackle the root causes of cart abandonment but also provide strategies to reclaim potential revenue. 

Proven Techniques for Cart Recovery

The task of addressing cart abandonment is akin to a surgeon wielding a scalpel: precise, calculated, and aiming for effective results. While recognizing the root of the problem is paramount, the real magic unfolds when businesses deploy actionable solutions. 

These tried-and-true techniques are not merely strategies but powerful tools that can significantly transform the landscape of eCommerce. They don’t only help retrieve lost opportunities but also fortify their brand’s digital presence. 

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These proactive solutions are some tried-and-true techniques:

Personalized Email Campaigns

In the vast sea of the digital realm, personalized emails act as lighthouses, guiding customers back to their intended purchases. Generic emails easily drown in the cacophony, but those tailored to an individual’s preferences stand out, signaling care and attention. Here’s a short how-to:

  • Craft tailored content — beyond just mentioning the product left behind, consider integrating aspects of their browsing behavior. Perhaps they looked at a specific category multiple times? Highlighting products from this category can remind them of their initial interest. If they’ve been a repeat visitor or customer, reference their loyalty, maybe even offering them an exclusive deal as a token of appreciation.
  • Behavior-triggered reminders — timing is crucial. Sending an email too soon can feel pushy, while waiting too long might mean they’ve lost interest or found an alternative. Optimal timing, often within a few hours to a day, can be the sweet spot. Moreover, making these reminders interactive, perhaps with engaging visuals of the product or an enticing call to action, can further the chances of re-engagement.
  • Segmentation mastery — beyond just past purchases, consider segmenting based on how they’ve interacted with your site. Did they read blog posts? Watch videos? Use this information to craft messages that speak directly to their engagement style and preferences.
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Time-Sensitive Incentives

The ticking clock of time-sensitive incentives can often be the gentle push customers need to complete a purchase. However, the intricacy of implementing them demands a nuanced approach. The basics include:

  • Varied incentives — a diverse range of customers means a variety of preferences. Some are motivated by direct price reductions, while others find value in added benefits. For instance, a discount might appeal to bargain hunters, but a complementary product could entice those looking for added value. Offering loyalty points can be especially effective for repeat customers, making them feel their loyalty is being rewarded. Regularly rotating these incentives and monitoring which ones drive the most conversions can help fine-tune your strategy.
  • Strategic timing — beyond just the time of day, consider the customer’s journey. For instance, if they’ve visited the product page multiple times over a week, this might be an indication of high interest but some reservation. A timely incentive, presented during their next visit, could be the catalyst for conversion. Seasonal offers, during holidays or special occasions, can also drive up sales, tapping into the festive purchasing mindset.
  • Balancing urgency and pressure — the language of urgency is delicate. While “Only a few left!” can motivate, overuse can lead to skepticism. Authenticity is key. If you’re offering a limited-time discount, maybe provide a brief reason, such as clearing out end-of-season stock, giving customers a rationale they can appreciate.
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Engaging Retargeting Ads

The digital space is filled with distractions, and retargeting ads serve as persistent reminders, guiding potential buyers back to their initial interests. Here’s the 101 for retargeting:

  • Platform-specific content — dive deeper into the analytics of each platform. For example, Instagram, being visually dominant, might benefit from high-quality images or short videos of the product in use. LinkedIn, with its professional audience, might resonate more with B2B products or services, emphasizing efficiency and value-addition.
  • Narrative — building on the idea of storytelling, consider creating a series of retargeting ads that narrate a journey. Begin with reintroducing the product, followed by showcasing its benefits, and culminate in presenting a compelling offer. Customer testimonials, expert endorsements, or even showcasing the product’s origin story can add layers of depth and trustworthiness.
  • Budget allocation and ROI — diversify your retargeting budget. While it’s tempting to heavily invest in platforms where most of your audience resides, don’t overlook emerging platforms or ones where competition might be lower. Regularly reviewing metrics like click-through rates, conversion rates, and overall ROI ensures you’re getting the best bang for your buck. Adjusting your strategy based on these insights can result in more effective campaigns.

Optimizing the Checkout Process

The final frontier in the buying journey, the checkout process, demands meticulous attention. Any friction here can swiftly turn a potential sale into a missed opportunity. What you don’t want to miss out on is:

  • Intuitive design — elevate the user experience. Incorporate visually pleasing elements like icons that denote each step, or even progress bars to give users a sense of how close they are to completion. Real-time validation, where form errors are highlighted immediately rather than after submission, can prevent user frustration and streamline the process.
  • Reducing drop-off points — implement feedback loops. If a user does abandon their cart, consider prompt surveys or pop-ups asking why they chose not to proceed. This direct feedback can be invaluable in identifying and rectifying friction points. Also, offer multiple payment gateways. Some users might prefer direct card payments, while others might lean towards digital wallets or even cash on delivery, depending on your region.
  • Mobile-first design — the rise of m-commerce (mobile commerce) demands an impeccable mobile experience. Beyond the basics, incorporate features like digital wallet integration for faster checkouts, image zoom functionalities for better product viewing, and quick customer support access, such as chatbots or live chat, ensuring any last-minute queries or concerns are promptly addressed.

Additional Considerations: User Trust, Delivery Concerns

Beyond the primary strategies lie nuanced layers of consideration that, while subtle, can significantly influence a customer’s buying journey. These are often the finer details that a business might overlook in the broader eCommerce strategy. 

However, when addressed with care, they can provide the extra push needed to convert a tentative cart into a confirmed purchase. Here are the most common ones:

1696236971 377 Winning Back Abandoned Carts Effective Techniques for Cart Recovery
  • Exit-intent pop-ups: These are last-minute saviors. Just as a user is about to leave the site, an attention-grabbing pop-up can present an offer or remind them of their abandoned cart. For maximum impact, the content should be compelling, the design eye-catching, and the offer genuinely valuable.
  • Cart recovery emails: More than just a reminder, these emails serve as a bridge. They can offer insights into what the user might be missing out on, present additional incentives, or provide assurance regarding any concerns the user might have had. Crucially, the timing and frequency of these emails should be optimized — too soon might seem pushy, too late and they might’ve lost interest.
  • Social proof: Trust is a currency in the digital marketplace. Showcasing genuine customer reviews, testimonials, or ratings can instill confidence in potential buyers. Additionally, displaying trust badges or security certifications assures customers that their data and transactions are safe.
  • Highlighting seamless delivery options: For many, the uncertainty of delivery times and options can be a deterrent. Clearly presenting diverse delivery choices, estimated times, and any associated costs can alleviate these concerns, making customers more comfortable with completing their purchase.
  • Advantages of partnering with 3pl companies: Efficient and reliable order fulfillment can make or break the post-purchase experience. Do your homework and find out what is a 3PL — third-party logistics companies can offer better delivery timelines, track packages more accurately, and boost overall customer confidence in the brand.

The beauty of these additional techniques lies in their ability to address the more intricate concerns of customers. While the core strategies tackle broader issues that lead to cart abandonment, these supplementary methods cater to the finer points of the shopping experience. 

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The Industry’s Most Comprehensive E-Commerce Marketing Certification For The Modern Marketer. Turn Products Into Profit, Browsers Into Buyers, & Past Purchasers Into Life-Long Customers

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They speak to the subtleties of trust-building, reassurance, and personalized engagement. Together, these refined touches, combined with the foundational techniques, create a holistic approach to counteracting cart abandonment and maximizing e-commerce potential.

Takeaways

Navigating the challenges of cart abandonment is akin to piecing together a jigsaw puzzle. Each solution is a vital piece that, when placed correctly, completes the picture of a successful eCommerce venture.

Addressing cart abandonment is not just about reclaiming lost sales; it’s about understanding and catering to the evolving needs and concerns of the modern shopper. It’s also essential to remember that the digital landscape is ever-evolving — as technology advances and consumer behaviors shift, businesses must remain agile. 

Continual testing, adaptation, and learning are crucial. Every interaction, feedback, and metric can offer insights that, when acted upon, can refine and enhance the shopping experience.

The journey to countering cart abandonment may be intricate and demanding, but the rewards — in terms of both revenue and customer loyalty — are well worth the effort. Businesses equipped with knowledge, determination, and a proactive mindset are poised to turn challenges into opportunities and abandoned carts into flourishing sales.


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Why We Are Always ‘Clicking to Buy’, According to Psychologists

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Why We Are Always 'Clicking to Buy', According to Psychologists

Amazon pillows.

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A deeper dive into data, personalization and Copilots

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A deeper dive into data, personalization and Copilots

Salesforce launched a collection of new, generative AI-related products at Connections in Chicago this week. They included new Einstein Copilots for marketers and merchants and Einstein Personalization.

To better understand, not only the potential impact of the new products, but the evolving Salesforce architecture, we sat down with Bobby Jania, CMO, Marketing Cloud.

Dig deeper: Salesforce piles on the Einstein Copilots

Salesforce’s evolving architecture

It’s hard to deny that Salesforce likes coming up with new names for platforms and products (what happened to Customer 360?) and this can sometimes make the observer wonder if something is brand new, or old but with a brand new name. In particular, what exactly is Einstein 1 and how is it related to Salesforce Data Cloud?

“Data Cloud is built on the Einstein 1 platform,” Jania explained. “The Einstein 1 platform is our entire Salesforce platform and that includes products like Sales Cloud, Service Cloud — that it includes the original idea of Salesforce not just being in the cloud, but being multi-tenancy.”

Data Cloud — not an acquisition, of course — was built natively on that platform. It was the first product built on Hyperforce, Salesforce’s new cloud infrastructure architecture. “Since Data Cloud was on what we now call the Einstein 1 platform from Day One, it has always natively connected to, and been able to read anything in Sales Cloud, Service Cloud [and so on]. On top of that, we can now bring in, not only structured but unstructured data.”

That’s a significant progression from the position, several years ago, when Salesforce had stitched together a platform around various acquisitions (ExactTarget, for example) that didn’t necessarily talk to each other.

“At times, what we would do is have a kind of behind-the-scenes flow where data from one product could be moved into another product,” said Jania, “but in many of those cases the data would then be in both, whereas now the data is in Data Cloud. Tableau will run natively off Data Cloud; Commerce Cloud, Service Cloud, Marketing Cloud — they’re all going to the same operational customer profile.” They’re not copying the data from Data Cloud, Jania confirmed.

Another thing to know is tit’s possible for Salesforce customers to import their own datasets into Data Cloud. “We wanted to create a federated data model,” said Jania. “If you’re using Snowflake, for example, we more or less virtually sit on your data lake. The value we add is that we will look at all your data and help you form these operational customer profiles.”

Let’s learn more about Einstein Copilot

“Copilot means that I have an assistant with me in the tool where I need to be working that contextually knows what I am trying to do and helps me at every step of the process,” Jania said.

For marketers, this might begin with a campaign brief developed with Copilot’s assistance, the identification of an audience based on the brief, and then the development of email or other content. “What’s really cool is the idea of Einstein Studio where our customers will create actions [for Copilot] that we hadn’t even thought about.”

Here’s a key insight (back to nomenclature). We reported on Copilot for markets, Copilot for merchants, Copilot for shoppers. It turns out, however, that there is just one Copilot, Einstein Copilot, and these are use cases. “There’s just one Copilot, we just add these for a little clarity; we’re going to talk about marketing use cases, about shoppers’ use cases. These are actions for the marketing use cases we built out of the box; you can build your own.”

It’s surely going to take a little time for marketers to learn to work easily with Copilot. “There’s always time for adoption,” Jania agreed. “What is directly connected with this is, this is my ninth Connections and this one has the most hands-on training that I’ve seen since 2014 — and a lot of that is getting people using Data Cloud, using these tools rather than just being given a demo.”

What’s new about Einstein Personalization

Salesforce Einstein has been around since 2016 and many of the use cases seem to have involved personalization in various forms. What’s new?

“Einstein Personalization is a real-time decision engine and it’s going to choose next-best-action, next-best-offer. What is new is that it’s a service now that runs natively on top of Data Cloud.” A lot of real-time decision engines need their own set of data that might actually be a subset of data. “Einstein Personalization is going to look holistically at a customer and recommend a next-best-action that could be natively surfaced in Service Cloud, Sales Cloud or Marketing Cloud.”

Finally, trust

One feature of the presentations at Connections was the reassurance that, although public LLMs like ChatGPT could be selected for application to customer data, none of that data would be retained by the LLMs. Is this just a matter of written agreements? No, not just that, said Jania.

“In the Einstein Trust Layer, all of the data, when it connects to an LLM, runs through our gateway. If there was a prompt that had personally identifiable information — a credit card number, an email address — at a mimum, all that is stripped out. The LLMs do not store the output; we store the output for auditing back in Salesforce. Any output that comes back through our gateway is logged in our system; it runs through a toxicity model; and only at the end do we put PII data back into the answer. There are real pieces beyond a handshake that this data is safe.”

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Why The Sales Team Hates Your Leads (And How To Fix It)

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Why The Sales Team Hates Your Leads (And How To Fix It)

Why The Sales Team Hates Your Leads And How To

You ask the head of marketing how the team is doing and get a giant thumbs up. 👍

“Our MQLs are up!”

“Website conversion rates are at an all-time high!”

“Email click rates have never been this good!”

But when you ask the head of sales the same question, you get the response that echoes across sales desks worldwide — the leads from marketing suck. 

If you’re in this boat, you’re not alone. The issue of “leads from marketing suck” is a common situation in most organizations. In a HubSpot survey, only 9.1% of salespeople said leads they received from marketing were of very high quality.

Why do sales teams hate marketing-generated leads? And how can marketers help their sales peers fall in love with their leads? 

Let’s dive into the answers to these questions. Then, I’ll give you my secret lead gen kung-fu to ensure your sales team loves their marketing leads. 

Marketers Must Take Ownership

“I’ve hit the lead goal. If sales can’t close them, it’s their problem.”

How many times have you heard one of your marketers say something like this? When your teams are heavily siloed, it’s not hard to see how they get to this mindset — after all, if your marketing metrics look strong, they’ve done their part, right?

Not necessarily. 

The job of a marketer is not to drive traffic or even leads. The job of the marketer is to create messaging and offers that lead to revenue. Marketing is not a 100-meter sprint — it’s a relay race. The marketing team runs the first leg and hands the baton to sales to sprint to the finish.

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via GIPHY

To make leads valuable beyond the vanity metric of watching your MQLs tick up, you need to segment and nurture them. Screen the leads to see if they meet the parameters of your ideal customer profile. If yes, nurture them to find out how close their intent is to a sale. Only then should you pass the leads to sales. 

Lead Quality Control is a Bitter Pill that Works

Tighter quality control might reduce your overall MQLs. Still, it will ensure only the relevant leads go to sales, which is a win for your team and your organization.

This shift will require a mindset shift for your marketing team: instead of living and dying by the sheer number of MQLs, you need to create a collaborative culture between sales and marketing. Reinforce that “strong” marketing metrics that result in poor leads going to sales aren’t really strong at all.  

When you foster this culture of collaboration and accountability, it will be easier for the marketing team to receive feedback from sales about lead quality without getting defensive. 

Remember, the sales team is only holding marketing accountable so the entire organization can achieve the right results. It’s not sales vs marketing — it’s sales and marketing working together to get a great result. Nothing more, nothing less. 

We’ve identified the problem and where we need to go. So, how you do you get there?

Fix #1: Focus On High ROI Marketing Activities First

What is more valuable to you:

  • One more blog post for a few more views? 
  • One great review that prospective buyers strongly relate to?

Hopefully, you’ll choose the latter. After all, talking to customers and getting a solid testimonial can help your sales team close leads today.  Current customers talking about their previous issues, the other solutions they tried, why they chose you, and the results you helped them achieve is marketing gold.

On the other hand, even the best blog content will take months to gain enough traction to impact your revenue.

Still, many marketers who say they want to prioritize customer reviews focus all their efforts on blog content and other “top of the funnel” (Awareness, Acquisition, and Activation) efforts. 

The bottom half of the growth marketing funnel (Retention, Reputation, and Revenue) often gets ignored, even though it’s where you’ll find some of the highest ROI activities.

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Most marketers know retaining a customer is easier than acquiring a new one. But knowing this and working with sales on retention and account expansion are two different things. 

When you start focusing on retention, upselling, and expansion, your entire organization will feel it, from sales to customer success. These happier customers will increase your average account value and drive awareness through strong word of mouth, giving you one heck of a win/win.

Winning the Retention, Reputation, and Referral game also helps feed your Awareness, Acquisition, and Activation activities:

  • Increasing customer retention means more dollars stay within your organization to help achieve revenue goals and fund lead gen initiatives.
  • A fully functioning referral system lowers your customer acquisition cost (CAC) because these leads are already warm coming in the door.
  • Case studies and reviews are powerful marketing assets for lead gen and nurture activities as they demonstrate how you’ve solved identical issues for other companies.

Remember that the bottom half of your marketing and sales funnel is just as important as the top half. After all, there’s no point pouring leads into a leaky funnel. Instead, you want to build a frictionless, powerful growth engine that brings in the right leads, nurtures them into customers, and then delights those customers to the point that they can’t help but rave about you.

So, build a strong foundation and start from the bottom up. You’ll find a better return on your investment. 

Fix #2: Join Sales Calls to Better Understand Your Target Audience

You can’t market well what you don’t know how to sell.

Your sales team speaks directly to customers, understands their pain points, and knows the language they use to talk about those pains. Your marketing team needs this information to craft the perfect marketing messaging your target audience will identify with.

When marketers join sales calls or speak to existing customers, they get firsthand introductions to these pain points. Often, marketers realize that customers’ pain points and reservations are very different from those they address in their messaging. 

Once you understand your ideal customers’ objections, anxieties, and pressing questions, you can create content and messaging to remove some of these reservations before the sales call. This effort removes a barrier for your sales team, resulting in more SQLs.

Fix #3: Create Collateral That Closes Deals

One-pagers, landing pages, PDFs, decks — sales collateral could be anything that helps increase the chance of closing a deal. Let me share an example from Lean Labs. 

Our webinar page has a CTA form that allows visitors to talk to our team. Instead of a simple “get in touch” form, we created a drop-down segmentation based on the user’s challenge and need. This step helps the reader feel seen, gives them hope that they’ll receive real value from the interaction, and provides unique content to users based on their selection.

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So, if they select I need help with crushing it on HubSpot, they’ll get a landing page with HubSpot-specific content (including a video) and a meeting scheduler. 

Speaking directly to your audience’s needs and pain points through these steps dramatically increases the chances of them booking a call. Why? Because instead of trusting that a generic “expert” will be able to help them with their highly specific problem, they can see through our content and our form design that Lean Labs can solve their most pressing pain point. 

Fix #4: Focus On Reviews and Create an Impact Loop

A lot of people think good marketing is expensive. You know what’s even more expensive? Bad marketing

To get the best ROI on your marketing efforts, you need to create a marketing machine that pays for itself. When you create this machine, you need to think about two loops: the growth loop and the impact loop.

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  • Growth loop — Awareness ➡ Acquisition ➡ Activation ➡ Revenue ➡ Awareness: This is where most marketers start. 
  • Impact loop — Results ➡ Reviews ➡ Retention ➡ Referrals ➡ Results: This is where great marketers start. 

Most marketers start with their growth loop and then hope that traction feeds into their impact loop. However, the reality is that starting with your impact loop is going to be far more likely to set your marketing engine up for success

Let me share a client story to show you what this looks like in real life.

Client Story: 4X Website Leads In A Single Quarter

We partnered with a health tech startup looking to grow their website leads. One way to grow website leads is to boost organic traffic, of course, but any organic play is going to take time. If you’re playing the SEO game alone, quadrupling conversions can take up to a year or longer.

But we did it in a single quarter. Here’s how.

We realized that the startup’s demos were converting lower than industry standards. A little more digging showed us why: our client was new enough to the market that the average person didn’t trust them enough yet to want to invest in checking out a demo. So, what did we do?

We prioritized the last part of the funnel: reputation.

We ran a 5-star reputation campaign to collect reviews. Once we had the reviews we needed, we showcased them at critical parts of the website and then made sure those same reviews were posted and shown on other third-party review platforms. 

Remember that reputation plays are vital, and they’re one of the plays startups often neglect at best and ignore at worst. What others say about your business is ten times more important than what you say about yourself

By providing customer validation at critical points in the buyer journey, we were able to 4X the website leads in a single quarter!

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So, when you talk to customers, always look for opportunities to drive review/referral conversations and use them in marketing collateral throughout the buyer journey. 

Fix #5: Launch Phantom Offers for Higher Quality Leads 

You may be reading this post thinking, okay, my lead magnets and offers might be way off the mark, but how will I get the budget to create a new one that might not even work?

It’s an age-old issue: marketing teams invest way too much time and resources into creating lead magnets that fail to generate quality leads

One way to improve your chances of success, remain nimble, and stay aligned with your audience without breaking the bank is to create phantom offers, i.e., gauge the audience interest in your lead magnet before you create them.

For example, if you want to create a “World Security Report” for Chief Security Officers, don’t do all the research and complete the report as Step One. Instead, tease the offer to your audience before you spend time making it. Put an offer on your site asking visitors to join the waitlist for this report. Then wait and see how that phantom offer converts. 

This is precisely what we did for a report by Allied Universal that ended up generating 80 conversions before its release.

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The best thing about a phantom offer is that it’s a win/win scenario: 

  • Best case: You get conversions even before you create your lead magnet.
  • Worst case: You save resources by not creating a lead magnet no one wants.  

Remember, You’re On The Same Team 

We’ve talked a lot about the reasons your marketing leads might suck. However, remember that it’s not all on marketers, either. At the end of the day, marketing and sales professionals are on the same team. They are not in competition with each other. They are allies working together toward a common goal. 

Smaller companies — or anyone under $10M in net new revenue — shouldn’t even separate sales and marketing into different departments. These teams need to be so in sync with one another that your best bet is to align them into a single growth team, one cohesive front with a single goal: profitable customer acquisition.

Interested in learning more about the growth marketing mindset? Check out the Lean Labs Growth Playbook that’s helped 25+ B2B SaaS marketing teams plan, budget, and accelerate growth.


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