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Marijuana Customer Loyalty Programs: Embraced by Users, Profitable and Compliant for Retailers

Retail TouchPoints

Why does customer loyalty work? Higher Revenue Comes From Loyalists : On average, loyalty members are spending $10 more in-store than non-loyalty members. A mere 5% increase in customer retention can increase a company’s profitability by 75%.

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[eCommerce Trends 2021] 6 Insights to Increase Sales and Customer Loyalty

lateshipment

Well, that’s because 2020 (the year of the pandemic) has drastically accelerated these changes, ergo leaving a lasting impact on businesses in the longer run. Amidst the wave of digital transformation and innovation in retail, eCommerce sales grew an astounding 30% in 2020, a number expected to grow in 2021 and in the years to come.

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How Ecommerce Personalization Can Increase Customer Loyalty and Boost Sales

Omnisend

Ecommerce personalization is the process of tailoring the content, recommendations and offers a customer sees based on their previous buying and browsing behavior, along with their demographics and personal data. An example of product recommendations from Target. Reading Time: 7 minutes. Benefits of Personalization in Ecommerce.

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How NFTs Can Fight Fraud and Increase Customer Loyalty

Omnisend

Because of the way that NFTs work, they have numerous use cases for ecommerce stores, including anti-fraud, loss prevention, quality assurance, and even customer loyalty and rewards. itemsdapp) April 3, 2020. The post How NFTs Can Fight Fraud and Increase Customer Loyalty appeared first on Omnisend Blog.

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How to Boost Customer Loyalty With an On-Brand Post-Purchase Experience

lateshipment

Meaningfully engage with them regarding any delivery exception such as delays to build trust and increase customer loyalty. Driving brand immersive tracking experiences for your customer leads to an increased Customer Lifetime Value (CLV) and in turn ROI. It’s that simple!

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Let’s Put Your Loyalty Data to Work

Optimizely

By integrating your loyalty data into a CDP, you can enhance your segmentation strategy and make your customer data more useful and actionable. In this article, we’re going to look at how customer loyalty data can help you increase engagement, personalize messages, acquire new customers, and drive traffic to your sites.

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Personalization is Changing the Search Bar — and Retailers Need to Keep up

Retail TouchPoints

Implicit in this shift is the rise of personalization in the customer experience (CX). Effectively, that’s recommendation — the best of which skips over user-based search to instead provide content that suits an individual’s own taste. Recommendation enables us to find that item, faster. in 2020, more than double 2019’s growth.