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    February 25, 2024
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Cost of low customer engagement. Are your customer Cost of low customer engagement.
Are your customers ghosting you? The hidden cost of low customer engagement could be draining your bottom line as a solopreneur.
 
Research shows highly engaged customers can deliver a 23% premium in profitability and growth. However disengaged customers mean lost sales, higher acquisition costs, and damaged brand reputation.
 
The good news? There are proven strategies to boost engagement and scale your business's growth potential. “Cost of low customer engagement” breaks down customer engagement and presents a “how to” approach on Customer Engagement.
 

#entrepreneurcompass — Tactical understanding of global best practices.

Entrepreneur Compass a Pragmatic Core publication segment that navigates the entrepreneurial journey with confidence. Gain actionable insights and personalized guidance to maximize efficiency, fuel growth, and overcome challenges as a driven entrepreneur or solopreneur.

#pragmaticcore - connecting the world for efficiencies that drive better change.

- Pragmatic Core is helping its global partners, small businesses, solopreneurs, and start-ups in 16 industries to defy organizational inefficiencies and help you grow beyond the obvious.

#newnorm #womenceo #workplaceequality #inclusion #corporatewoman #wil#womeninai #womenintech #corporatediversity #CustomerEngagement #Trust #Value #Convenience #Personalization #Community #Incentives #Communication #LoyaltyPrograms #SocialProof #SmallBusiness #Entrepreneur #BrandReputation #CustomerRetention #MarketingExpenses #CustomerInsights #InstagramMarketing #Soulpreneur #ManifestingAbundance
Up to 70% of #DigitalTransformation initiatives fa Up to 70% of #DigitalTransformation initiatives fail to achieve their goals.

This failure costs companies a market share decline of up to 20% over 5 years.

Staying in control of digital transformation, beyond just a topic, serves as a necessary instruction on #Community for organizations in the current shifting market. Digitally mature companies today are 26% more profitable than their less digitally mature peers.

"Staying in Control of Digital Transformation" discusses the essentials for sustained growth, digging into digital transformations and associated aspects.

Sneak a peek into the core elements shaping digital transformation success; from #CustomerCentricity, breaking information silos, to data-driven solutions.
 
#CustomerEngagement #SmallBusiness #Entrepreneur #BrandReputation #CustomerRetention #CustomerInsights

Discover More with #ThinkPragmatic

#thinkpragmatic - Engage in dynamic discussions on the global pulse.

Think Pragmatic a Pragmatic Core publication segment that explores trending topics from process consulting, unveiling the impact of innovations, industry updates, and stakeholder perspectives. Think Pragmatic aims to deliver valuable data-driven insights for solopreneurs, small enterprises, and diverse communities.

#pragmaticcore - connecting the world for efficiencies that drive better change.

#digitaltransformation #data #ai #artificialintelligence #machinelearning #software #iot #automation #datascience #analytics #cybersecurity #agile #fintech #womenintech #womenintechnology #projectmanagement #digitization #robotics 

- Pragmatic Core is helping its global partners, small businesses, solopreneurs, and start-ups in 16 industries to defy organizational inefficiencies and help you grow beyond the obvious.
Tired of playing catch-up in the digital age? #Di Tired of playing catch-up in the digital age?

#Digital transformation is no longer a nice-to-have, but a must-have for businesses that want to stay on top of the market #slump.

In fact, digitally transformed organizations are expected to contribute to more than half of the GDP by 2023, accounting for $53.3 trillion. 

The digital transformation market is anticipated to experience a Compound Annual Growth Rate (CAGR) of 23% between 2019 and 2025, reaching a value of $3.3 trillion.

By embracing digital transformation, you can enhance efficiency, innovation, and customer engagement, leading to increased productivity and valuable customer insights.

Discover More with Think Pragmatic

#thinkpragmatic - Engage in dynamic discussions on the global pulse.

Think Pragmatic a Pragmatic Core publication segment that explores trending topics from process consulting, unveiling the impact of innovations, industry updates, and stakeholder perspectives. Valuable insights for solopreneurs, small enterprises, and diverse communities.

#pragmaticcore - connecting the world for efficiencies that drive better change.

- Pragmatic Core is helping its global partners, small businesses, solopreneurs, and start-ups in 16 industries to defy organizational inefficiencies and help you grow beyond the obvious.

#digitaltransformation #data #ai #artificialintelligence #machinelearning #software #iot #automation #datascience #analytics #cybersecurity #agile #fintech #womenintech #womenintechnology #projectmanagement #digitization #robotics #informationtechnology  #genzs
Organizations are tired of playing the #hiring gam Organizations are tired of playing the #hiring game,

only to find themselves stuck with a talent pool that's as rigid as a traditional 9-to-5 job?

The truth is, the modern workforce is all about flexibility, diversity, and location freedom. And the numbers don't lie: 77% of #GenZs and 75% of #millennials would consider leaving their job if asked to work on-site full-time.

That's why it's time to rethink your hiring strategy and adapt to the changing needs of the modern employee. Swipe through to learn how to attract and retain top talent on a global level in a post-pandemic world.

#PowerEquation — Take a dive into strategic middle management insights.

Power Equation is a Pragmatic Core publication segment that aims to indulge in conversations that elevate middle management’s impact as the crucial bridge connecting leadership and frontline teams. Unlock their potential with strategic guidance, empowering them to drive productivity and propel organizational success for people and communities.

#pragmaticcore - connecting the world for efficiencies that drive better change.

- Pragmatic Core is helping its global partners, small businesses, solopreneurs, and start-ups in 16 industries to defy organizational inefficiencies and help you grow beyond the obvious.

Discover more in bio

#globalteam #artificialintelligence #diversity #managementconsulting  #humanresource #recruiter #linkedin #layoffmeimstarving #humancapital #talent_alert #hiringnow #remotework #remote #hybrid 
#talentmanagement #globalstrategy  #talentacquisition  #hrstrategies #middlemanagement #powerequation ⁣
#strategy #businessmanagement ⁣
Why is gender parity in the corporate world so obv Why is gender parity in the corporate world so obviously tipped to one end?  The unfortunately preserved issue of stunted growth of women in the global workspace demands a spotlight on the underlying complications and issues leading to this troublesome and sustained situation. ‘Beyond inclusion’ discusses the #inequality and #marginalization of women in the role of leadership on a wide spectrum in the #corporateworld. 

Discover more with Pragmatic People.
 
 

#pragmaticpeople —  Peoples' Insights that connect us globally.
 
Pragmatic People is a Pragmatic Core publication segment that uncovers profound insights to bridge global connections. Pragmatic People explores human capital and its impact, catering to the strategic core, middle managers & executives, and the tactical front-end of the corporate world. Pragmatic People is an effort to create diverse conversations around global human capital with holistic perspectives on technology, community, and economics. 

#pragmaticpeople - connecting the world for efficiencies that drive better change.

#womeninstem #womenintech  #inclusion #DEI  #recession  #womeninleadership  #diversityandinclusion #genderequity #nail_art #fashionupdate  #smes #solopreneurs #elections2024 #diversity 

#pragmaticcore #beingpragmatic #smallbusinessgrowth  #startups 
 
#nyc_explorers #nycity #centrallondon #cheyenne #chicagolife #chicago_community
#Globalteams offer specialized talents, innovation #Globalteams offer specialized talents, innovation, scalability, and variety. Google and other giants have adopted global teams, and culturally different firms outperform their counterparts financially.⁣
 ⁣
Some of the specific challenges arising from a localized-only workforce strategy include:⁣
 ⁣
1. Skyrocketing local compensation costs: With a limited local labor supply, companies often find themselves in intense bidding wars for local talent. This lack of talent availability drives up compensation premiums leaving the door open for hiring consultants and recruitment agents further to plunder the already scarce resources, including time, causing hiring costs to spike indefinitely in the past decade.⁣
 ⁣
2. Difficulty attracting top talent when the local labor pool is tight.⁣
 ⁣
3. Inability to find specialized, niche technical skills regionally: For leading-edge fields like #artificialintelligence or biotech, limiting recruitment geographically means key skills gaps.⁣
 ⁣
4. Lack of #diversity in perspectives and experiences from a homogenous local talent pool: An insular workforce risks groupthink and echo chamber effects. Multinational firms, in particular, benefit from diversity.⁣
 ⁣
#PowerEquation — Take a dive into strategic middle management insights.⁣
⁣
Power Equation is a Pragmatic Core publication segment that aims to indulge in conversations that elevate middle management’s impact as the crucial bridge connecting leadership and frontline teams. Unlock their potential with strategic guidance, empowering them to drive productivity and propel organizational success for people and communities⁣
⁣
Discover more with #PowerEquation⁣
⁣
#talentmanagement #globalstrategy #talentacquisition #hrstrategies #middlemanagement #powerequation ⁣
 #strategy #businessmanagement ⁣
⁣
- Pragmatic Core is helping its global partners, small businesses, solopreneurs, and start-ups in 16 industries to defy organizational inefficiencies and help you grow beyond the obvious.
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