In this episode of the podcast, Kurt interviews Devyn Merklin from The X Scale, a returning guest, to discuss her company's evolution. Initially focused on acquiring and scaling brands, The X Scale pivoted back to offering services but with a unique approach using proprietary software, specifically leveraging and modifying the Glue e-commerce analytics platform. Devyn explains how they act as a "fractional CMO" for brands, emphasizing a holistic, data-driven strategy that considers the entire customer journey, not just individual marketing areas. She shares insights on optimizing subscriptions, addressing common friction points like landing pages, and the importance of focusing on customer lifetime value over solely minimizing customer acquisition costs, advocating for a strategy of understanding and maximizing customer worth to outbid competitors. The discussion also touches on practical tools, communication strategies, and a giveaway tactic for customer engagement.
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