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How to Use Data-Driven Customer Retention to Grow Revenue

Omnisend

However, every ecommerce merchant reaches a tipping point where it makes more sense to focus on retention. Of course, creating a customer retention strategy is easier said than done—unless you have data to back it up. In this piece, we’ll cover what it means to create a data-driven customer retention strategy.

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The Ultimate Guide to Customer Retention

Smile.io

Customer retention is a key element in making sure your ecommerce business is sustainable and in business for the long term. Without repeat customers, your business won’t have the base it needs to grow. 🛍️ Customer retention is about keeping loyal customers, as opposed to recruiting new ones.

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How to Use a Lapsed-Purchase Campaign to Increase Customer Retention

Omnisend

This way, you can personalize your campaigns to each kind of customer depending on loyalty and purchase timing. It might seem daunting to reconvert a lapsed-purchaser, but according to 2020 marketing automation statistics , reactivation, or win-back campaigns, tend to perform on par with cart abandonment workflows. Get My Demo.

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Holiday Season 2020 Will be Different. Here’s How

lateshipment

With the Coronavirus pandemic still looming large, Holiday Season 2020 will be similar to the months of March through October than when compared to last year’s holiday season. With this data in hand, retailers can take action to meet their customers’ expectations. Holiday season 2020 from a consumer standpoint.

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Customer Acquisition vs Retention

Groove

Similar to paid media advertising, paid search is a useful customer acquisition strategy. In fact, PPC was ranked as one of the top three best channels for high-volume leads in 2020, according to Formstack. What Is Customer Retention? Pro: Retention doesn’t cost as much as acquisition. Retargeting Ads.

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Ecommerce Payment Trends To Look Out For In 2020

FastSpring

Want to learn more about the five ecommerce payment trends shaping 2020? Multi-channel selling is a must. Multi-channel selling is a must. With more consumers choosing to conduct their shopping directly from their mobile devices, mobile isn’t a channel your business can afford to ignore. Keep reading to find out more.

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The Real Cost of Late Deliveries & How to Deal with Them

lateshipment

— TM (@Tattooed_Mummy) October 25, 2020. Now put your customer in the same situation. What makes late deliveries worse is that despite paying a steep price to provide customers a top-notch eCommerce delivery experience , you are held accountable for delivery issues committed by your shipping carrier.