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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. Every cent grows your business, and it’s generally easier to have people buy from you a second time than it is to secure a new customer.

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8 Tips To Drive Repeat Business As A Retailer

Retail Minded

With the retail eCommerce domain growing increasingly competitive, businesses have realized that the costs of acquiring new customers are significantly higher as compared to the costs of retaining existing customers. Did you know that the cost of attracting a new customer is five times more than the cost of retaining the existing one?

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Navigating the Trends and Challenges of Customer Loyalty Programs in Retail

RETAIL MANAGEMENT SOFTWARE

In today’s fast-paced retail landscape, customer loyalty has become a critical factor in business success. With increased competition and changing consumer behaviors, retailers must stay ahead of the curve by implementing effective customer loyalty programs.

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5 Impactful Ways To Improve Your Online Store — And Drive More Sales

Retail Minded

Anyone who is looking to elevate an online store and drive more sales needs to make meaningful improvements to their e-commerce presence. Sharing product images or user experiences encourages engagement. Sharing product images or user experiences encourages engagement. Just remember that interaction is key.

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Retail Consumer Behavior Patterns and Shifting Dynamics: The Future of Retail & Retail Trends

RETAIL MANAGEMENT SOFTWARE

You may want to consider creating a hashtag for people who want to tweet their latest photos or hire a social media influencer to promote your brands, customer stories, catalogs, new arrivals, etc. To meet the right customers, retailers use Facebook and Google ads that are personalized and highly targeted.

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5 Ways Retailers Can Use Video Marketing

Retail Next

Creating shopping experiences that will keep your customers coming back means making your brand visible wherever your target audience is looking. Let’s review five ways you can use video to help improve your retail business. Improve Customer Service . So, it’s important to keep them satisfied and informed.

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Top 10 Reasons Why Your Store Needs Tailored Retail Management Solutions

RETAIL MANAGEMENT SOFTWARE

From online stores to online customer service to employee management, many businesses have moved away from traditional storefronts. Tailored retail management solutions help your store deliver a smooth, reliable, and personalized customer experience. Allows you to purchase in bulk. Automation. Avoid overstocking.