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How Retail Businesses Can Use Customer Data to Enhance Targeted Marketing

Retail TouchPoints

in March 2020, consumer buying behavior began shifting. This type of one-to-one proactive outreach about highly relevant topics is effective in driving return visits and sales of high-margin full-price items. Reward Your Most Loyal Customers. As soon as COVID-19 and the ensuing stay-at-home orders first hit the U.S.

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How to Keep Your Loyalty Program Members Engaged Long-Term, Even After the Holidays

Retail TouchPoints

Retailers frequently ask customers to enroll in a loyalty program at point of sale — especially during the holiday shopping season. Your loyalty program benefits should constantly evolve alongside customers’ needs and desires. In fact, 61% of consumers have joined a loyalty program to get discounts for holiday shopping.

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Why Two Cannabis Retailers are High on In-Store Tech and Innovative Design

Retail TouchPoints

billion worldwide in 2020, and thanks to a 27.25% compound annual growth rate, the budding industry (no pun intended) is expected to reach $54.41 Using Analytics and Customer Data to Localize and Personalize Cannabis Retailing. The legal cannabis market was valued at $12.81 billion globally by 2026. Photo credit: Cookies.

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Digital Transformation Propels Burton’s Omnichannel Growth Plans

Retail TouchPoints

We started the program with NewStore in earnest in January 2020 and started rolling the system out to stores in the beginning of June,” Larocque said. We think this tool is empowering and really exciting, not only for the Guides, but also for the customers.”. Greater Emphasis On DTC Provides Deeper Customer Insights.

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How to Turn a Rough Stone into a VVS1 Jewelry Business?

RETAIL MANAGEMENT SOFTWARE

Despite the plummeting jewelry sales during the first period of confinement between March and April of 2020, the mood is on the up-swing again. Keeping track of your customer data, customer profiles, information on the provided services, or applicable warranties is a vital part of data driven businesses.

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Stripe vs Square: Summarizing Your Options for 2020

Ecommerce Platforms

Square might be the go-to selling solution for companies that want to run in-person companies with registers, point of sale systems, and various online eCommerce tools, but Stripe is much better for recurring payments. Stripe can even help you out with transferring customer data to another company if you want.

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Critical Winery POS Features for Vineyards, Wine Shops, and Tasting Rooms

Korona

According to Finances Online , 59% of retailers made focusing on omnichannel capabilities their top POS priority in 2020. Therefore, if your winery is still using the traditional cash register with a card reader and no other payment options, you’re not only lagging behind your competitors but, more importantly, losing customers.

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