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%.

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Customer Retention Home Furnishings Payment Services Clienteling 52

365 Retail

DECEMBER 8, 2022

One of the most effective ways of turning a one-time customer into a repeat buyer that will, generally speaking, choose your brand over a competitor, starts with giving them a reason to hand over their first-party data. The key here is being able to market to a customer on a personal level. This isn’t just theorising: it really works.

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Customer Retention Promotions Consumer Customer Experience 52

I Love Fashion

MARCH 29, 2021

Also, if ever questioned by an Fashion eCommerce Marketing store owner to list a number of pain points, three things would be on the top of everyone’s pain list: Products returns. Customer retention. Conversion optimization. However, what if there is an apparent solution to resolve all these difficulties? Forum posts.

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Fashion Marketing Jewelry Customer Retention 59

Retail Minded

JULY 29, 2023

Automation and analytics have made it possible for retailers to identify customer trends quickly and respond in real time. This helps them understand customer needs better and create more targeted marketing campaigns that yield higher returns on investments (ROI). Mailchimp For email marketing, Mailchimp is a great choice.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail Minded

JULY 29, 2023

Automation and analytics have made it possible for retailers to identify customer trends quickly and respond in real time. This helps them understand customer needs better and create more targeted marketing campaigns that yield higher returns on investments (ROI). Mailchimp For email marketing, Mailchimp is a great choice.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retalon

AUGUST 22, 2023

GMROI – Gross Margin Return on Inventory Investment Definition GMROI measures how efficient and profitable you are at turning your inventory into gross profit. It provides insight into which products generate the highest return on investment. It measures your ability to convert traffic into customers.

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Customer Retention Returns Payment Services Promotions 41

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.

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Customer Retention Drop-Shipping Consumer Fast Fashion 52