Remove Customer Loyalty Remove Customer Retention Remove Payments Remove Point of Sale
article thumbnail

7 Tips To Improve Retail Store Performance

Korona

Implement Loyalty Programs Retaining an existing customer costs up to five times less than gaining a new one. A good customer retention program can generate significant gains in recurring revenue for your company by improving the return on your marketing and sales budget.

article thumbnail

Evercommerce Review 2023: All the Pros and Cons You Need to Know

Ecommerce Platforms

Built specifically for a few set industries, the integrated range of business management, marketing, payment acceptance and customer engagement solutions from Evercommerce help businesses in the service environment to increase retention and accelerate growth.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Power of POS Gift Cards: A Guide for Retailers

Korona

Gift cards can be a powerful marketing and sales tool for retailers. And when you combine them with point of sale (POS) technology, their potential is even greater. Plus, when customers use gift cards rather than cash or credit cards, it’s often cheaper for merchants to process fees.

POS 52
article thumbnail

Revel POS System: An Honest Review

Ecommerce Platforms

For a restaurant, bar, or a store to keep its customers happy, they need to fulfill orders, deliver on time, have their customer's choices in stock. They also need to offer customers loyalty programs and discounts to keep those same consumers even happier. Revel Systems POS is a cloud-based iOS point-of-sale platform.

POS 118
article thumbnail

How Mobile POS System Can Help Retailers Stay Fully Operational with Fewer Associates

RETAIL MANAGEMENT SOFTWARE

For starters, your sales staff won’t have to go to the front of the store every time a customer asks a question about a product. Build Customer Loyalty. 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.

article thumbnail

How to Start a Subscription Business: Implementing A Subscription Service Into Your Retail Business

Korona

And the numbers speak for themselves – subscription business revenues are growing five times faster than S&P 500 companies. From a business perspective, subscription commerce offers a stable financial model based on recurring monthly revenues built around almost any niche. What Is a Subscription Service?

article thumbnail

Retail Loyalty Program for increased customer lifetime value

iVend

The European Business Review recently reported , for example, on research that put the cost of acquisition at five times higher than retention. So why is understanding and increasing customer lifetime value so important, and how can retail stores achieve it? Mobile POS – for in-aisle service and orders.