Optimizely

OCTOBER 22, 2020

Neither do they need to have a brick and mortar store so that their customers could redeem their box clippings in person. Ecommerce and the rise of digital payment services made it possible for all businesses, big and small alike, to increase their customer retention and nurture their returning customers with loyalty programs.

Payments 367

Payments Customer Loyalty Customer Retention Outdoor 367

Groove

OCTOBER 7, 2022

If you’ve found this blog, you likely have product(s) that you currently sell, or wish to sell, through a subscription-based model. The replenishment subscription model is most commonly applied to everyday consumable goods that customers need on a recurring basis. Increase Customer Retention. Replenishment.

Subscription 195

Subscription Shopify Merchant Services Shipping Costs 195

ChannelAdvisor

MARCH 24, 2021

Being a self-sustaining business can mean a few different things. Here, we’re talking about having solid business processes and practices that allow you to achieve sustainable growth. . Historically, acquiring a new customer can be anywhere from five to 25 times more expensive than retaining an existing one.

eCommerce 71

eCommerce Blog Payment Services Shipping Costs 71

ChannelAdvisor

MARCH 29, 2021

Being a self-sustaining business can mean a few different things. Here, we’re talking about having solid business processes and practices that allow you to achieve sustainable growth. . Historically, acquiring a new customer can be anywhere from five to 25 times more expensive than retaining an existing one.

eCommerce 64

eCommerce Blog Payment Services Shipping Costs 64

FastSpring

DECEMBER 3, 2020

Businesses are constantly trying to figure out how to increase customer retention rates. But what if your business model is designed to create repeat customers. Essentially, that’s the beauty of subscription business models. Benefits for Subscription Businesses. Increased Customer Retention.

Subscription 120

Subscription Customer Retention Marketing Payment Services 120

BigCommerce

SEPTEMBER 21, 2018

Approximately 15% of all digital media industry’s revenue comes from affiliate marketing. 38% of marketers call affiliate marketing one of the top customer acquisition methods. In 2015 Amazon’s revenue surpassed $100B and affiliate marketing accounts for $10B of its sales. To increase revenue by $10,000 by the end of the year.

eCommerce 344

eCommerce Customer Retention Payments Management 344

Ecommerce Platforms

JUNE 20, 2022

There's a reason so many subscription-based business models seem to be popping up. It's tough to break through with a successful product, but the rewards are enormous, with cash flow benefits, brand loyalty, and clear revenue projections on a regular basis. Guaranteed, Recurring Revenue. Saas Subscriptions.

Subscription 220

Subscription Shipping Costs Merchant Services Payment Services 220

Retail TouchPoints

MAY 28, 2021

And the main reason they don’t allocate enough finances to the customer service department is that it’s difficult to tie it to revenue generated. But customer service must be prioritized by every organization. Here are three data-backed reasons why: Good customer service leads to increased customer retention rates. ?

Payment Services 161

Payment Services Games Live Chat Customer 161

MagentoBrain

MARCH 20, 2023

In this blog, we will explore the benefits of ecommerce development for small businesses and provide a step-by-step guide on how to get started. By the end of this blog, small businesses will have a clear understanding of how to leverage ecommerce development to grow their business and reach new customers.

Small Business Retail 52

Small Business Retail Payment Services Shipping Costs eCommerce 52

iVend

MARCH 14, 2023

Checkout – the shopper can avoid queues at the fixed POS, by completing the contactless payments at the mPOS. The use of mPOS to deliver all the above functions elevates the customer experience, and brings back the human touch in shopping. mPOS offers the opportunity to save the sale and increase revenue.

POS 98

POS Point of Sale Mobile Payment Services 98

Korona

SEPTEMBER 7, 2022

In addition to knowing the basics of small business, you also need to know about financial management, human resource management, technology, inventory, and the laws and regulations pertaining to your business. Check out the following blog to learn more about how to successfully manage a small business. Table of Contents.

Small Business Retail 52

Small Business Retail Payment Services Management Payments 52

Ecommerce Platforms

DECEMBER 20, 2019

Revel states that it can bring: “A dded value to your business, from generating more revenue, to improving efficiencies, to delighting your customers.” . The software is used to help you manage inventory, customers, and social media by using data analytics and insights to fuel your business decisions. Installation.

POS 118

POS Payment Services Payments Point of Sale 118

Korona

JANUARY 5, 2023

As such, businesses must constantly work on rising above their competitors. Optimizing your checkout means a better user experience, which, in turn, increases conversion rates and customer retention. What’s The Point Of Optimizing The Checkout Process? Allow Multiple Payment Options.

Payment Services 52

Payment Services eCommerce Shipping Costs Payments 52

AcquireConvert

NOVEMBER 24, 2022

Ecommerce businesses need to test different versions of the calls to action, for instance. Address verification service (AVS): a service used by credit card processors to verify that the billing addresses of customers match the addresses on their credit card statements. and select the one(s) with the best conversion rate(s).

Payment Services 36

Payment Services eCommerce Payments Shipping Costs 36

GetElastic

NOVEMBER 19, 2019

A recent study shows that 82 percent of B2B marketers spend more on customer acquisition than retention. And, we all know customer acquisition costs more than retention. More so, customer retention is easier and more cost-effective to execute. Hence, they focus on customers’ emotions.

B2B 104

B2B Payment Services B2C Payments 104

Payoneer

FEBRUARY 22, 2023

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. of Nigerian ecommerce revenue. million in revenue in 2021. of the revenue for Nigeria’s top 100 online stores.

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

Lemonstand

APRIL 12, 2018

But that’s just the start: It’s now time to convince that customer to return again and again … and again. Customer retention. Indeed, online retail startups are so focused on growth and customer acquisition that customer retention becomes a bit of an afterthought. Why let them get away? Sounds good, right?

Customer Retention 62

Customer Retention Customer Payment Services Payments 62

lateshipment

AUGUST 13, 2021

This means a huge opportunity for your dropshipping store to cross your sales target and break your revenue records. Dropshipping is gaining momentum and slowly becoming a more preferred choice than traditional eCommerce businesses as it helps businesses profit by selling products online without managing inventory on their own.

Shipping Costs 130

Shipping Costs Payment Services Shipping Social Media 130

lateshipment

FEBRUARY 14, 2020

In a typical online retail transaction, the customer adds the item they wish to buy to their shopping cart. Once payment is made through a gateway, a confirmation email with order details is sent to them by the retailer. Consequently, the onus lies with the retailer to ensure their customers have a memorable delivery experience.

Customer Experience 260

Customer Experience Management Shipping Costs Customer 260

Korona

JUNE 23, 2022

Whether you run a museum, an amusement park, a zoo, or an entertainment venue, online ticket sales are most likely a big part of your revenue. Researching all options and understanding the pros and cons of each is a tedious process, and it’s one that’s going to be unique for each type of operation. Read on to find out more. .

Merchant Services 52

Merchant Services Payment Services POS Events 52

Omnisend

APRIL 26, 2021

Check out how Black Mango generates 43% of their email revenue effortlessly. That means you’ll save valuable time not having to worry about things like website domain, hosting capacity, payment gateways, SSL certificates, and so on. How can ecommerce merchants sell furniture online that responds to that growing demand?

eCommerce 135

eCommerce Social Media Merchant Services Shopify 135

Algopix

JULY 13, 2023

Integration with Other Business Systems For seamless operations, CRM systems integrate with various other business systems such as ERP, accounting, and e-commerce platforms. These integrations ensure data consistency, eliminate manual data entry, and enable a holistic view of business processes.

Payment Services 78

Payment Services eCommerce Management Customer 78

FastSpring

AUGUST 11, 2020

Subscription services are what customers want. 15% of people who shop online now pay for at least one subscription and nearly 90% of businesses are looking for ways to adapt their online payment platforms so they can handle recurring subscription payments. What are the advantages of using subscriptions as a revenue model?

Subscription 93

Subscription Payments Payment Services Shipping Costs 93

Lemonstand

APRIL 17, 2018

For example, Banish generated $3 million annual recurring revenue by simply offering the option of subscription for their products. These companies are the ones that have used subscription box services to build a massive audience and even more massive revenue. Putting your payments on autopilot was a bit… well, scary.

Subscription 78

Subscription Payment Services eCommerce Platforms Payments 78

Payoneer

DECEMBER 12, 2017

However, you need to consider the long-term implications of your actions and not just the short-term revenue you can earn. With this mindset, a simple and friendly return policy is advantageous for your customers and can inspire long-term loyalty. eSellers, make payments a breeze this holiday season.

Merchant Services 24

Merchant Services Payment Services Payments Customer Retention 24

GetElastic

SEPTEMBER 2, 2019

It is also unique in terms of secure payment processing. The automated system by reading the tags on the entrance door, the basket and the products can charge the customer appropriately for the products. Improved Customer Experience. Personalized Customer Service. Boosting Automation in Ecommerce Business Process.

Payments 153

Payments Payment Services eCommerce Supplies 153

Omnisend

SEPTEMBER 29, 2021

Any merchant seeking a sustainable, reliable business that’s viable in the long term should be aiming to reduce churn as much as possible. One of the best ways to do this is by increasing customer retention rates. That’s all well and good in the short term—a steady flow of new customers is vital to a new and growing business.

Customer 148

Customer Customer Retention Social Media Merchant Services 148

Ecommerce Platforms

FEBRUARY 13, 2020

Yet, on the other hand, it's highly likely that you're probably familiar with WordPress, even if you aren’t a blogger, and how it helps create killer blogs. Shopify's hardware integrates with the software to allow the seller to accept payments at extremely low credit card rates. Running Transactions Using Shopify Payments.

Shopify 156

Shopify Merchant Services Payment Services eCommerce 156

lateshipment

APRIL 6, 2023

Repeat customers are receptive to more: They’re eager to test out new goods and services from a company they already know and respect. Convenience is king Checkouts using a mobile wallet are another example of how businesses can make their consumers’ lives more convenient. The post How to get repeat customers in 2023?

eCommerce 130

eCommerce Customer Payment Services Shipping Costs 130

GetElastic

SEPTEMBER 2, 2019

It is also unique in terms of secure payment processing. The automated system by reading the tags on the entrance door, the basket and the products can charge the customer appropriately for the products. Improved Customer Experience. Personalized Customer Service. Boosting Automation in Ecommerce Business Process.

Payments 113

Payments Payment Services eCommerce Supplies 113

Ecommerce Platforms

MARCH 17, 2020

Shopify empowers you to organize your products, customize your storefront, accept credit card payments , and track or respond to shopper's orders, all with just a few clicks of the mouse. When used to the fullest, this platform could easily pave the way for small businesses to make their mark in the broader digital market.

eCommerce Platforms 169

eCommerce Platforms Shopify Payment Services Merchant Services 169

Omnisend

SEPTEMBER 29, 2021

Any merchant seeking a sustainable, reliable business that’s viable in the long term should be aiming to reduce churn as much as possible. One of the best ways to do this is by increasing customer retention rates. That’s all well and good in the short term—a steady flow of new customers is vital to a new and growing business.

Customer 78

Customer Customer Retention Social Media Merchant Services 78

RETAIL MANAGEMENT SOFTWARE

DECEMBER 12, 2022

With a mobile POS, your customers won’t have to wait in line to check out. This will allow you to serve more customers and save them time. Improved customer service will result in better customer retention. Modernize Payments. Empower Your Employees.

Payment Services 74

Payment Services POS Mobile Operations 74

Retalon

AUGUST 22, 2023

Understanding your ecommerce KPIs allows you to identify issues, optimize processes, uncover new opportunities, and benchmark your progress against industry standards. In this comprehensive blog post, we will overview the 10 most critical ecommerce KPIs that online retailers should monitor in 2023 to run a high-performing business.

X-cart 41

X-cart Shipping Costs eCommerce Definition 41

GetElastic

APRIL 28, 2022

As DTC businesses continue to prioritize digital commerce experiences, brands are facing more market competition than ever. With that being said, in this blog, I will give a general overview of seven major DTC eCommerce trends you should keep an eye on for your brand to succeed in 2022. Now isn't that crazy! What is DTC eCommerce?

Payment Services 78

Payment Services eCommerce Customer Retention Demo 78

ROI Revolution

MAY 6, 2021

To make the customer journey between all of these channels seamless, retail leaders are making sure a holistic omnichannel strategy is a part of their digital transformation. An omnichannel approach can be a big revenue driver. We’ve even shared some tips for Instagram checkout success on BigCommerce’s blog.

Omnichannel 135

Omnichannel Merchant Services Social Media Payment Services 135

lateshipment

FEBRUARY 10, 2021

In the event of a failed delivery, they drop a negative review and cause irreversible damage to your brand and far worse, demotivate potential customers in the form of their followers, friends, and family from shopping with you. . Lost opportunity to monetize post-purchase tracking moments. Integrating with multiple payment gateways.

Improvements 130

Improvements Customer eCommerce Shipping Costs 130