Tag: customer acquisition

Being part of the SAP Partner ecosystem is gold for many channel partners, except when consolidation of competitors occur and the market becomes ten-times more competitive. Many channel partners are finding themselves at a crossroads: continue with traditional growth strategies or pivot to more innovative, marketing-driven approaches. Marketing takes time and that’s something many Partners struggle to absorb. If you start marketing today, you won’t get a sale from marketing tomorrow. This is a common challenge as well as an opportunity in the SAP ecosystem. Many companies have embarked on an investment in their marketing strategy through Partner Benefits Catalog AI marketing firm, Robotic Marketer, to develop their marketing strategy.

Customer Acquisition Cost (CAC) is a critical metric for marketing managers, providing insights into the effectiveness and efficiency of their customer acquisition strategies. However, traditional CAC calculations often rely on assumptions that may not fully capture the complexities of modern marketing. In this article, we explore new approaches to CAC calculations, debunk common assumptions and highlight essential tools that can enhance accuracy and inform strategic decision making.

Companies must continuously strive to differentiate themselves from their competitors in today's highly competitive business environment to win over and retain customers. One way to achieve this is by adopting a customer-centric approach to their marketing efforts.