365 Retail
DECEMBER 20, 2023
What is customer retention? Customer retention refers to a company’s capacity to convert purchasers into repeat customers, preventing them from purchasing from a rival. Why is customer retention crucial for businesses? The company’s interest is reasonable.
Retail TouchPoints
APRIL 1, 2024
Research shows that nearly 30% of businesses lacking appropriate multilingual support have lost customers. On the other hand, businesses providing multilingual support see tangible benefits, like bolstered loyalty that improves overall customer retention.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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.
The Retail Creative and Consulting Agency
JUNE 27, 2021
Text Marketing vs. Text Selling Clienteling. think clienteling whereby you are cultivating and building a Circle of Service ( COS ). When the objective is loyalty, customer retention, lifetime value and cultivation of a relationship, be careful to select what amounts to a white-glove text service. Is the objective sales?…think
Storis
FEBRUARY 23, 2020
Understanding the advantages of earning repeat customers is the foundation to grow your company. Before diving into improving your company’s customer retention rate, it is important to understand how it will positively affect your company. Reducing customer defection rate by 5% can increase profitability by 25-125%.
RETAIL MANAGEMENT SOFTWARE
APRIL 24, 2023
Subscription-based loyalty programs can create a sense of exclusivity and commitment among customers, leading to greater loyalty. Retailers can leverage subscription loyalty programs to create a recurring revenue stream, boost customer retention and build long-term loyalty.
RETAIL MANAGEMENT SOFTWARE
DECEMBER 24, 2021
The world of retailing is shifting as a result, retail store operators must find new ways of catching consumers’ digital attention, including curbside & BOPIS, clienteling, personalization, social marketing, loyalty, interactive web design, Livestream shopping, and the evolving user experience.
Expert insights. Personalized for you.
52 
Let's personalize your content