Remove 2024 Remove Customer Experience Remove Customer Retention Remove Shipping
article thumbnail

Rethinking Returns: Innovative Strategies for Retailers to Drive Growth in 2024

Retail TouchPoints

Then there’s the hassle of printing a return label, carefully repackaging the dress and taking time out of her busy day to drop it off at a shipping location. Embracing trends like bracketing, where customers buy multiple options for size or color and return the rest, opens up new opportunities.

Retail 259
article thumbnail

Deloitte Shares Loyalty Trends and Best Practices for 2024

Retail TouchPoints

To drive customer retention and loyalty, most brands and retailers continue to rely on purchase discounts ( 77% ) and loyalty program points ( 61% ), according to Retail TouchPoints research. However, a Deloitte survey reveals that consumers’ loyalty program preferences and expectations are evolving.

Consumer 263
Insiders

Sign Up for our Newsletter

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

article thumbnail

Lifecycle email marketing tips & examples for 2024

Omnisend

But once they’ve become your customers, their needs would revolve around your brand caring for them. Abandoned cart emails : Abandoned cart emails help you with customer retention and also help to boost your conversion rates. You send them when customers abandon their carts before completing the purchase.

article thumbnail

Top Loyalty Program Features (+How To Choose The Best Software)

Smile.io

Strategically selecting the right loyalty program features can make or break the success of your retention tactic. Find out the top loyalty program features of 2024, how to select the best software, and how to implement a program designed for success.  The kind of rewards program you use is as important as the rewards you offer.

article thumbnail

How to Seamlessly Migrate Your Rewards Program

Smile.io

Your entire brand experience should work together to deliver the best customer experience possible.   Your customers aren’t engaging with your loyalty program The number one reason to migrate your loyalty program is poor program performance. Before we get ahead of ourselves, let us clarify.

article thumbnail

11 Proven Hacks to Keep Your Customers Buying More

Kissmetrics

It costs 5X less to retain a customer than it does to acquire a new one. That’s why customer retention is crucial to growing your Ecommerce business. What is customer retention? Customer retention is the ability to encourage customers to keep coming back to make purchases.

article thumbnail

Boosting Conversions: A how-to guide for enterprise retailers

Fabric

Modern commerce services can enrich the customer experience and get you on the nice list! Customer lifetime value (LTV): The total predicted revenue a customer is expected to generate over the entire duration of their relationship with a business, emphasizing the long-term value of a customer. Read on to learn how.