V Count

MAY 5, 2021

Optimize prices & marketing promotions. When done right, both tactics will enable you to increase your average transaction value while also making customers happier. Gross and net profit Gross profit is the amount of money you have left after deducting the cost of goods sold from revenue.

Net Profit 52

Net Profit ATV Customer Retention Store Layout 52

Retalon

AUGUST 22, 2023

You can lift AOV by optimizing cross-sells, upsells, discounts, and promotions around your most popular or high margin items. Customer Lifetime Value (CLV) Definition Customer lifetime value (CLV) is the total revenue you can expect from an average customer over their entire lifetime with your business.

Customer Retention 41

Customer Retention Returns Payment Services Promotions 41

V Count

OCTOBER 5, 2022

The ratio between a product’s cost base and its selling price is known as the profit margin. Additionally, to evaluate the overall health of the retail store, however, one looks at the net profit margin. Increase Retail Profit Margin With These 8 Ways. Focus on customer retention rather than acquisition.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52