Retail Focus

AUGUST 25, 2024

Moreover, loyalty programs have evolved with digital technology, becoming more sophisticated and personalized, which increases customer retention and value over time. These platforms also provide valuable feedback and insights into consumer preferences, enabling retailers to quickly adapt and personalize their offerings.

Consumer 130

Consumer Inventory Management Customer Retention Fashion 130

I Vend

MARCH 14, 2023

Complementary items – once the shopper has chosen an item, the associate can use the mPOS to show them accessories or matching items in a set. The use of mPOS to deliver all the above functions elevates the customer experience, and brings back the human touch in shopping. What software do I need on an mPOS?

Shopping 98

Shopping Point of Sale Payment Services Checkout 98

365 Retail

JULY 20, 2022

With the ongoing domination of social networks and democratization of online shopping, led by e-commerce platforms removing barriers for newcomers, online creators, and micro brands, the number of online merchants will continue to grow exponentially and with it competition and customer acquisition costs.

Merchant Services 122

Merchant Services Shopping Customer Retention Department Stores 122

Inside Retail

JANUARY 24, 2024

With a strong base of existing fans and the constant increase in new customers, retention is one of our important KPIs. This is why Bata had to invest in more digitally transformed marketing technologies, high-performance merchandising tools and machine-learning software to optimise its inventory management too.

Inventory Management 130

Inventory Management Visual Merchandising Customer Retention Consumer 130

Inside Retail

OCTOBER 30, 2023

Van Damme said that the brand has a high customer retention rate, and she plans to engage with retail partners to create more personalised brand experiences “I never thought that I would be doing trunk shows in San Diego and Nashville, but that seems to be an effective way of engaging with a new audience.

Fashion 130

Fashion Clienteling Fast Fashion Customer Retention 130

Inside Retail

AUGUST 9, 2023

“Having a content check within a retailer’s returns service will cost them slightly more, but it means they are providing a better, faster refund to the customer so there could be commercial benefits in the longer term. Doing this can be great for customer retention and will deter fraudsters,” she said.

Returns 130

Returns Customer Retention Accounting Fashion 130

365 Retail

NOVEMBER 13, 2024

For instance, a local coffee shop offering branded travel mugs gained loyal customers and became a visible brand in the community. Larger retailers, like sports apparel brands, use branded gym accessories to increase brand recall and customer loyalty.

Promotions 52

Promotions Accessories Customer Retention Outdoor 52

I Love Fashion

MARCH 29, 2021

Customer retention. They have integrated UGC content into different product pages, which assists the buyers to picture how people wear sunglasses with clothing and other accessories. Conversion optimization. However, what if there is an apparent solution to resolve all these difficulties? Indeed there is a perfect solution.

Fashion 59

Fashion Marketing Jewelry Advertising 59

Indigo 9 Digital

JULY 24, 2023

If you look at companies like Apple and Amazon they do a really good job of increasing sales from their existing customer base. Are you leaving money on the table that could come from customers you already have? If you are here are six tips you should consider to increase your customer retention rate. Sell great products.

Customer Retention 52

Customer Retention Drop-Shipping Consumer Fast Fashion 52

CJ Retail Solutions

AUGUST 17, 2024

Retailers now have powerful tools to boost sales and cultivate customer loyalty thanks to the technological advancements in the industry, which have also enhanced the shopping experience for customers. Virtual Try-On Technology: A Game-Changer in Retail.

Marketing 52

Marketing Point of Sale Payment Services Promotions 52

Retalon

AUGUST 5, 2020

Better-skilled salespeople will close more sales and improve attachment rates of accessories and services. Viewed by product category, the KPI lets buyers identify products that generate higher accessory attachment rates. Customer Lifetime Value Benchmark Example. Promotions Uplift. How to Improve Profit per Transaction.

Inventory Turnover 41

Inventory Turnover Promotions Merchant Services Markdowns 41

Retail TouchPoints

JUNE 10, 2024

Becoming a Woman’s ‘First Luxury Purchase’ Another key insight about the Rebecca Minkoff customer is the place that the brand’s handbags and accessories have in her life. One of the biggest insights from talking to customers is that my bag is her first luxury purchase,” said Minkoff.

Jewelry 275

Jewelry Department Stores Customer Retention Fashion 275

Retail Geek

JULY 9, 2021

Customer retention data and cohort data in these things and that lets him do why you know the real big brain math. Excited for that and then you know past guest of the show Dan McCarthy like he’s having a field day with these s ones because increasingly they’re putting.

Shipping 98

Shipping Merchant Services Fulfillment Wholesale 98