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<channel><title><![CDATA[Omar Barraza - Blog]]></title><link><![CDATA[http://www.omarbarraza.com/blog]]></link><description><![CDATA[Blog]]></description><pubDate>Tue, 03 Nov 2020 17:41:58 -0800</pubDate><generator>Weebly</generator><item><title><![CDATA[The Quantified Impact of Customer Experience on Revenue]]></title><link><![CDATA[http://www.omarbarraza.com/blog/the-quantified-impact-of-customer-experience-on-revenue]]></link><comments><![CDATA[http://www.omarbarraza.com/blog/the-quantified-impact-of-customer-experience-on-revenue#comments]]></comments><pubDate>Tue, 05 Aug 2014 00:04:54 GMT</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.omarbarraza.com/blog/the-quantified-impact-of-customer-experience-on-revenue</guid><description><![CDATA[Determining the quantifiable benefit of business initiatives is  challenging though many executives would agree that better customer  experiences result in better sales. This quickly leads to an obvious  question: how much revenue can be gained -- or lost -- due to customer  experience? A recent article by Harvard Business Review suggests answers mapped to Net Promoter Scores (NPS) for two types of business models: transactional sales and subscription sales. Customer Experience Impact for Transa [...] ]]></description><content:encoded><![CDATA[<div class="paragraph" style="text-align:left;">Determining the quantifiable benefit of business initiatives is  challenging though many executives would agree that better customer  experiences result in better sales. This quickly leads to an obvious  question: how much revenue can be gained -- or lost -- due to customer  experience? <br /><br />A recent article by <em style=""><a href="http://blogs.hbr.org/2014/08/the-value-of-customer-experience-quantified/" target="_blank">Harvard Business Review</a></em> suggests answers mapped to Net Promoter Scores (NPS) for two types of business models: transactional sales and subscription sales. <br /><br /><strong><strong>Customer Experience Impact </strong>for Transactional Sales&nbsp;</strong><br /><br />The  potential impact from customer experience is noteworthy for businesses  with a transactional sales model. Customers who report the best  experiences purchase 140% more than those who report the worst  experiences. Moreover, when compared to NPS Passives:<br /><ul style=""><li style="">NPS Promoters spend up to 63% more</li><li style="">NPS Detractors spend up to 56% less</li></ul></div>  <div><div class="wsite-image wsite-image-border-thin " style="padding-top:10px;padding-bottom:10px;margin-left:0;margin-right:0;text-align:center"> <a> <img src="http://www.omarbarraza.com/uploads/3/3/5/5/3355154/7483607_orig.gif" alt="Picture" style="width:100%;max-width:365px" /> </a> <div style="display:block;font-size:90%"></div> </div></div>  <div class="paragraph" style="text-align:left;"><strong style=""><strong style=""><strong style="">Customer Experience Impact </strong>for </strong>Subscription Sales<br /></strong><br />The  impact of customer experience for businesses with subscription sales  models is profound. Customers who report the best customer experience  remain subscribers up to four-times longer than those reporting the  worst experiences. Moreover, when compared to NPS Passives:<br /><ul style=""><li style="">NPS Promoters stay at least 1 year longer</li><li style="">NPS Detractors leave up to 4 years sooner</li></ul></div>  <div><div class="wsite-image wsite-image-border-thin " style="padding-top:10px;padding-bottom:10px;margin-left:0;margin-right:0;text-align:center"> <a> <img src="http://www.omarbarraza.com/uploads/3/3/5/5/3355154/587312_orig.gif" alt="Picture" style="width:100%;max-width:365px" /> </a> <div style="display:block;font-size:90%"></div> </div></div>  <div class="paragraph" style="text-align:left;"><strong style="">Net Promoter Score Refresher</strong><br /><br />Determining a  NPS generally involves surveying customers and asking them a single question:<em style=""> "How likely is it that you would recommend [company] to a friend or colleague?"</em> Responses are scored based on a 0 to 10 scale and categorized as follows: <ul style=""><li style=""><strong style="">Promoters</strong> (score 9-10) are loyal customers.</li><li style=""><strong style="">Passives</strong> (score 7-8) are satisfied customers.</li><li style=""><strong style="">Detractors</strong> (score 0-6) are unhappy customers.</li></ul></div>  <div><div style="height: 20px; overflow: hidden; width: 100%;"></div> <hr class="styled-hr" style="width:100%;"></hr> <div style="height: 20px; overflow: hidden; width: 100%;"></div></div>  <div class="paragraph" style="text-align:center;"><em style=""><em style=""><strong style="">About the Author:</strong>   Omar  Barraza collaborates with founders, owners, and executives to   scale  their organization's marketing capabilities. His work has   facilitated  more that $1 billion in revenue, 300% year-over-year   company growth, and  $150 million in capital raising.</em><em style=""> Connect with Omar on <a target="_blank" href="http://www.linkedin.com/in/omarbarraza" style="">LinkedIn</a> or visit his website at <a href="http://www.weebly.com/" style="">www.OmarBarraza.com</a>.</em></em></div>]]></content:encoded></item><item><title><![CDATA[New Google for Business Helps Customers Find Your Business Online]]></title><link><![CDATA[http://www.omarbarraza.com/blog/new-google-for-business-helps-customers-find-your-business-online]]></link><comments><![CDATA[http://www.omarbarraza.com/blog/new-google-for-business-helps-customers-find-your-business-online#comments]]></comments><pubDate>Wed, 18 Jun 2014 23:38:52 GMT</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.omarbarraza.com/blog/new-google-for-business-helps-customers-find-your-business-online</guid><description><![CDATA[       One of the toughest challenges online businesses face is being found  during Google searches. The reason this is important is website visits  lead to customers and their purchases are a key reason businesses grow.  Get your business on Google for free with the new Google My Business.      Image Credit: http://www.google.com/business                         Google My Business makes it easy for past, present, and future customers to get in touch with you by displaying your information acros [...] ]]></description><content:encoded><![CDATA[<div class="wsite-youtube" style="margin-bottom:10px;margin-top:10px;"><div class="wsite-youtube-wrapper wsite-youtube-size-auto wsite-youtube-align-center"> <div class="wsite-youtube-container">  <iframe src="//www.youtube.com/embed/LCzri4tXuF0?wmode=opaque" frameborder="0" allowfullscreen></iframe> </div> </div></div>  <div class="paragraph" style="text-align:left;">One of the toughest challenges online businesses face is being found  during Google searches. The reason this is important is website visits  lead to customers and their purchases are a key reason businesses grow.  Get your business on Google for free with the new Google My Business.</div>  <div><div class="wsite-image wsite-image-border-hairline " style="padding-top:10px;padding-bottom:10px;margin-left:0;margin-right:0;text-align:center"> <a> <img src="http://www.omarbarraza.com/uploads/3/3/5/5/3355154/462095_orig.jpg" alt="Picture" style="width:100%;max-width:1100px" /> </a> <div style="display:block;font-size:90%">Image Credit: http://www.google.com/business</div> </div></div>  <div class="paragraph" style="text-align:left;">                      Google My Business makes it easy for past, present, and future customers to get in touch with you by displaying your information across Google. It works by adding your business information to Google Search, Maps, and more so customers can find you from their desktops, notebooks, tablets, and smartphones. <br /><span style=""></span>      </div>  <div><div class="wsite-image wsite-image-border-hairline " style="padding-top:10px;padding-bottom:10px;margin-left:0;margin-right:0;text-align:center"> <a> <img src="http://www.omarbarraza.com/uploads/3/3/5/5/3355154/1736226_orig.jpg" alt="Picture" style="width:100%;max-width:1100px" /> </a> <div style="display:block;font-size:90%">Image Credit: http://www.google.com/business</div> </div></div>  <div class="paragraph" style="text-align:left;">Even if you don&rsquo;t have a mobile website, you business can be found on  Google by mobile customers no matter what device they're using! This  gives customers the right information at the best time, including  driving directions, interactive maps, business hours, phone numbers, and  more. Plus, you can use Google for Business to build a loyal fan base,  manage reviews, share promotions, publicize events, and more using  Google+.</div>  <div><div class="wsite-image wsite-image-border-hairline " style="padding-top:10px;padding-bottom:10px;margin-left:0;margin-right:0;text-align:center"> <a> <img src="http://www.omarbarraza.com/uploads/3/3/5/5/3355154/772147_orig.jpg" alt="Picture" style="width:100%;max-width:1100px" /> </a> <div style="display:block;font-size:90%">Image Credit: http://www.google.com/business</div> </div></div>  <div class="paragraph" style="text-align:left;">Think of Google My Business as a powerful complement to your website  that gives your business a presence on Google. If you have used <em style="">Google Places for Business</em> or <em style="">Google+ Pages Dashboard</em> in the past, your Google account may have been automatically upgraded to Google My Business for your convenience. </div>  <div><div class="wsite-image wsite-image-border-hairline " style="padding-top:10px;padding-bottom:10px;margin-left:0;margin-right:0;text-align:center"> <a> <img src="http://www.omarbarraza.com/uploads/3/3/5/5/3355154/2249862_orig.jpg" alt="Picture" style="width:100%;max-width:1100px" /> </a> <div style="display:block;font-size:90%">Image Credit: http://www.google.com/business</div> </div></div>  <div class="paragraph" style="text-align:left;">Get started with Google My Business in minutes by watching the <a title="" style="" href="https://www.youtube.com/watch?v=LCzri4tXuF0"><em style="">Introducing Google My Business video</em></a> and then signing up at <a title="" style="" href="https://www.google.com/business">www.google.com/business</a>. <br /><span style=""></span>      </div>  <div><div style="height: 20px; overflow: hidden; width: 100%;"></div> <hr class="styled-hr" style="width:100%;"></hr> <div style="height: 20px; overflow: hidden; width: 100%;"></div></div>  <div class="paragraph" style="text-align:center;"><em style=""><em style=""><strong style="">About the Author:</strong> Omar  Barraza collaborates with founders, owners, and executives to scale  their organization's marketing capabilities. His work has facilitated  more that $1 billion in revenue, 300% year-over-year company growth, and  $150 million in capital raising.</em><em style=""> Connect with Omar on <a target="_blank" href="http://www.linkedin.com/in/omarbarraza">LinkedIn</a> or visit his website at <a href="http://www.omarbarraza.com/">www.OmarBarraza.com</a>.</em></em><br /><span style=""></span><br /><span style=""></span></div>]]></content:encoded></item><item><title><![CDATA[5 Warning Signs Your Marketing Team is in Trouble]]></title><link><![CDATA[http://www.omarbarraza.com/blog/5-warning-signs-your-marketing-team-is-in-trouble]]></link><comments><![CDATA[http://www.omarbarraza.com/blog/5-warning-signs-your-marketing-team-is-in-trouble#comments]]></comments><pubDate>Fri, 08 Nov 2013 01:38:50 GMT</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.omarbarraza.com/blog/5-warning-signs-your-marketing-team-is-in-trouble</guid><description><![CDATA[       By Omar Barraza RECOGNIZE YOUR WARNING SIGNS   Leaders  expect their staff to meet objectives, whether launching a startup,  growing a small or medium business, or scaling an enterprise  organization. I trust everyone on your marketing team strives to surpass  expectations, but when this doesn't happen these resourceful  individuals seek out "proven" fixes with unexpected consequences. Here  are five classic warning signs your marketing staff is in trouble and  your organization may soon  [...] ]]></description><content:encoded><![CDATA[<div><div class="wsite-image wsite-image-border-none " style="padding-top:0;padding-bottom:0;margin-left:0;margin-right:0;text-align:center"> <a> <img src="http://www.omarbarraza.com/uploads/3/3/5/5/3355154/748992.jpg?733" alt="5 Warning Signs Your Marketing Team is in Trouble - www.omarbarraza.com/blog" style="width:auto;max-width:100%" /> </a> <div style="display:block;font-size:90%"></div> </div></div>  <div class="paragraph" style="text-align:left;">By Omar Barraza <br /><br /><span></span><strong style=""><strong style="">RECOGNIZE YOUR WARNING SIGNS <br /></strong></strong>  Leaders  expect their staff to meet objectives, whether launching a startup,  growing a small or medium business, or scaling an enterprise  organization. I trust everyone on your marketing team strives to surpass  expectations, but when this doesn't happen these resourceful  individuals seek out "proven" fixes with unexpected consequences. Here  are five classic warning signs your marketing staff is in trouble and  your organization may soon follow: <br /><br /> <strong style=""><strong style="">1. Proposals from staff to implement sophisticated marketing automation systems. </strong><br /></strong>Introducing new systems will ensure your marketing team focuses on mastering tools rather than achieving desirable outcomes. The Internet is flooded with information published by vendors and targeting your marketing team. Proposals indicate your staff has been convinced deploying new automation systems will resolve their marketing challenges. <strong style=""><strong style="">Systems create work.</strong></strong> <br /><br /><strong style=""><strong style="">2. Failure to document strategy, plans, goals, and objectives in advance of activities. </strong></strong><br />Marketing  becomes an endless and wasteful journey without a road map. Leveraging  past experiences is not strategy and past performance is not planning.  Without goals and objectives, completion of tasks defines success.  Instead, predict outcomes and record strategy, plans, goals, and  objectives for each activity before execution begins. <strong style=""><strong style="">Expectations drive results.</strong></strong> <br /><br /><strong style=""><strong style="">3. Following the best practices of other companies, major vendors, or industry experts.&nbsp; </strong></strong><br />Copying  the marketing best practices of others is unlikely to deliver similar  results. Your organization is unlike others so their what works for them  will not work the same for you. The best practices of vendors involves  buying their products and services. Industry experts create value by  promoting unproven ideas. <strong style=""><strong style="">Solutions are discovered.&nbsp;</strong></strong><br /><br /><strong style=""><strong style="">4. Postponing the introduction of analytics and metrics for campaigns.</strong></strong> <br />Marketing has become an artful science. There are numerous  no-cost and low-cost tools available for tracking activities, measuring  results, and reporting outcomes so there's no excuse for postponing  their use. You can't run a business without financial accounting and  reporting and you shouldn't run marketing without analytics and metrics.  <strong style=""><strong style="">Winners keep score.</strong></strong> <br /><br /><strong style=""><strong style="">5. Expectations quality and quantity are the leading indicators for success. </strong></strong><br />Here's a counter-intuitive trap that snags too many marketers. Businesses expect their staff to become  more productive and produce better work. Therefore, marketers strive to  complete more activities of ever-higher quality. The problem with this  approach is repeating activities that don't work at higher frequency and  better quality is a mistake. <strong style=""><strong style="">Outcomes matter most.&nbsp; </strong></strong><br /></div>  <div><div style="height: 20px; overflow: hidden; width: 100%;"></div> <hr class="styled-hr" style="width:100%;"></hr> <div style="height: 20px; overflow: hidden; width: 100%;"></div></div>  <div class="paragraph" style="text-align:center;"><em style=""><em style=""><strong style="">About the Author:</strong>  Omar  Barraza collaborates with founders, owners, and executives to  scale  their organization's marketing capabilities. His work has  facilitated  more that $1 billion in revenue, 300% year-over-year  company growth, and  $150 million in capital raising.</em><em style=""> Connect with Omar on <a style="" target="_blank" href="http://www.linkedin.com/in/omarbarraza">LinkedIn</a> or visit his website at <a style="" href="http://www.weebly.com/">www.OmarBarraza.com</a>.</em></em></div>]]></content:encoded></item></channel></rss>