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3 Not-So-Obvious Ways Online Retailers Can Boost CLV

Retail TouchPoints

Customer lifetime value, or CLV, is an important metric for any online business because it covers how much people are going to spend from you over the course of their life. We’ve got just the thing with these simple guidelines for boosting that lifetime value, while also putting in some best practices that’ll entice new shoppers.

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Top 10 Retail Trends to Watch in 2024

RETAIL MANAGEMENT SOFTWARE

As we step into 2024, the retail sector is undergoing significant transformations in technology, supply chain dynamics, and consumer behavior. Navigating this shifting terrain requires a tailored approach rather than a universal solution for future-proofing retail businesses. Here are the top innovative retail trends to watch in 2024.

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How To Upsell Your Products To Consumers Through Marketing

Retail Minded

Upselling is a sales technique where a business persuades a customer to purchase a higher-priced or more feature-rich version of a product or service than the one initially considered. It is about encouraging customers to upgrade their choices, thereby boosting the overall transaction value. Let’s discuss more. What Is Upselling?

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From Concept to Consumer: The Journey of Device Design, Development, and Retail

Retail Bound

But how is it accomplished? Selling a product to retail involves numerous steps, spanning from idea conception and production to placing it on store shelves. Let’s delve into how smart devices evolve from initial concepts to being available for purchase in stores.

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Proven Secrets for Achieving Excellence as a Store Manager

V Count

Whether you have recently become a leader or have been a decision-maker for a long while, you need to adapt to the dynamic retail space if you want to improve your skills and become a better store manager. The pandemic altered consumer behavior worldwide, and retailers suffered significant losses during this time.

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Optimizing Packaging for Consumer Appeal and a Positive User Experience 

Rangeme

In our previous posts, we gave an overview of the most important elements you need to know to influence retail buyers and break through the branding clutter. The first post was a step-by-step journey on how to leverage the power of strategic marketing to get your products onto retail shelves.

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Jason & Scot Show Episode 318 Temu Deep Dive with Earnest Analytics

Retail Geek

Episode Summary: In this episode, Jason “Retailgeek” Goldberg and Scot Wingo dive deep Temu, the online marketplace operated by the Chinese e-commerce company PDD Holdings, that has become the fastest growing retailer in history. A weekly podcast with the latest e-commerce news and events. Episode 318 is deep dive into Temu.