Entrepreneur contributors share strategies for maximizing the holiday shopping season, focusing on maintaining healthy margins through tiered discounts and high-margin bundles, incentivizing early access and exclusive offers to drive conversions, utilizing gamification to engage customers and increase AOV, creating FOMO with flash sales and countdowns, and prioritizing user experience with informative pop-ups and user-generated content. These tactics aim to boost sales during the Cyber Five period and maintain a steady stream of conversions throughout the holiday season.
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Is CrowdStrike a Buy a Year After the Big IT Outage?
CrowdStrike (NASDAQ: CRWD) faced significant challenges a year ago due to a faulty software update that caused a major IT outage, costing U.S. Fortune 500 companies over $5 billion. Despite this setback, the company has achieved double-digit revenue growth and maintained strong customer relationships, leading to a stock increase of over 50% since the incident. Want More Context? 🔎
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