Remove ATS Remove Customer Retention Remove Returns
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12 Proven Customer Retention Strategies in Retail

RETAIL MANAGEMENT SOFTWARE

In the world of retail, the importance of customer retention cannot be overstated. As businesses focus on attracting new customers, it’s equally crucial to invest in keeping existing ones. Retaining customers not only ensures consistent revenue but also fosters brand loyalty and advocacy.

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The Login Effect: The Role of Customer Authentication Psychology in Retail Success 

Retail TouchPoints

Picture this: You’re about to buy something online, but the site doesn’t remember who you are, so you go buy your item elsewhere, or just not at all. If your customers have to deal with an annoying login process at the end of their shopping journey, they’ll just abandon their cart. times per day on average.

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Reward Returning Customers to Boost Loyalty and Increase Sales

Small Biz Trends

Key Takeaways Customer Loyalty is Crucial: Retaining existing customers significantly boosts profitability and creates a predictable revenue stream for your business. In today’s competitive market, keeping your customers coming back is more crucial than ever.

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Why retailers view CX as a ‘nice-to-have’ rather than a core driver of revenue

Inside Retail

Despite heavy investment, customer retention hardly improved. After doing a deep dive into data, they discovered that a whopping 80 per cent of customer frustration stemmed from long queues. A simple content overhaul reduced returns by 22 per cent and boosted both CX and profitability.

Returns 130
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Build a Successful CPG Loyalty Program with These 5 Tips

Retail TouchPoints

When customers feel like a brand truly understands their needs and wants, they are more likely to become returning buyers. Using data intentionally to offer rewards that align with customer desires ensures that every touch point adds value to the customer experience.

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The Role of Visual Merchandising in Enhancing Sales Potential

Retail Focus

By curating an inviting shopping environment, retailers can guide customer behaviour and create a memorable shopping experience. Research indicates that attractive displays can increase foot traffic by up to 30% and improve customer retention. Observation : Observing customer behavior in-store yields valuable insights.

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Behind Eggslut’s fall in Asia: The harsh reality of the F&B market 

Inside Retail

During the opening weeks of Eggslut, there were queues of people who wanted to try it because it was the hot new restaurant that drew strong social media buzz, Dr Guy Llewellyn, assistant professor at EHL Singapore Campus, told Inside Retail. However, sustaining that momentum is a different challenge altogether.

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