Remove 2023 Remove Consumer Remove Customer Retention Remove Online Retail
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Why Uncommon Corporate Partnerships are a Must in 2024 (and How to Make Them a Reality)

Retail TouchPoints

Despite Tightening Wallets, Select Brands Flourish As spend growth softened in the second half of 2023 across discretionary categories and companies geared toward more price-conscious consumers flourished, opportunities presented themselves for brands that kept an open mind. However, not all customers behave the same.

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How to get repeat customers: Proven strategies for success

Omnisend

Reading Time: 8 minutes A common misconception about repeat customers is that they only respond to crazy discounts. While providing discounts is an effective strategy to encourage returning customers, it’s neither the only nor the best way. Returning customers also benefit your reputation, strengthening your market position.

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mPOS – bringing back the human touch to in-store shopping

iVend

Read more When the pandemic started, and online shopping grew exponentially, many analysts saw it as a permanent shift in the shopping landscape, one from which brick and mortar shopping would never really recover. But this isn’t simply a return to 2019 – the post-pandemic shoppers of 2023 have higher expectations and demands.

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Top tips to make Black Friday and Cyber Monday a success in 2022

365 Retail

In order to maximise ROI and end the year on a high, eCommerce brands and retailers need to avoid common mistakes and leverage these key calendar dates to generate revenue and get 2023 off to a strong start. A strategy to help do this is product bundling: offering items that are commonly bought together to your customers.

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ecommerce in Nigeria – tips for success

Payoneer

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. With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027.

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10 Most Important Ecommerce KPIs to Measure in 2023

Retalon

To stay competitive in this fast-paced environment, online retailers need to closely track and analyze key performance indicators (KPIs) that measure the health and success of their business. Customer Retention Rate Definition The customer retention rate is the percentage of customers you retain over a given time period.

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20 Experts Predict the Future of Ecommerce

Smile.io

From the start of the pandemic to the accelerated growth of online retail. To the now looming recession and an increase in prices of everyday goods and services that every consumer is feeling. However, this doesn’t mean that consumers are not spending. Consumers are spending across industries.