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

Retail TouchPoints

There’s also a cost consideration for retailers: faster and more convenient returns mean products are restocked sooner, and customers who return items are more likely to shop again quickly. This cycle not only improves inventory efficiency but also encourages repeat business, creating a win-win for both the customer and the retailer.

Retail 251
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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.

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Why Now is the Time to Invest in Retail Automation for the Future

Retail TouchPoints

Therefore, running a retail business in America requires a lot of effort and efficient technology for operation management. billion by 2024. Forward-looking businesses in the retail industry are turning to automation software to streamline operations and improve the bottom line. Removing the Automation Stigma in Retail.

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Boost Sales & Loyalty: Mastering Retail Analytics Insights [2024]

Retalon

Emerging trends in retail analytics for 2024, such as the increased use of generative AI, present both new opportunities and challenges for retailers. Moreover, this deep dive into retail analytics insights helps retailers make informed decisions that drive growth and bolster customer satisfaction.

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How Data Security Shifts are Driving New Marketing Mandates

Retail TouchPoints

In fact, by the end of 2024, 75% of the world’s population will have personal data protected under modern privacy regulations , according to Gartner. Agencies in particular are trying to gain the data security prowess needed to improve their performance marketing strategies. Making Data Privacy a Companywide Mandate.

Marketing 266
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The 5 Benefits of Shopify Plus Loyalty Programs

Smile.io

The sole purpose of a loyalty program is to turn one-time customers into repeat customers and build a loyal following. Shopify Plus brands utilize loyalty programs to increase repeat purchase rates and boost customer retention.   How To Scale An Ecommerce Business (2024 Guide) | Smile.io Gabrielle Policella 4.

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How to Seamlessly Migrate Your Rewards Program

Smile.io

In these cases, the question quickly becomes—how do you migrate your customers, data, and entire rewards program to another provider? Your customers might be familiar with a specific look and feel, and you might be accustomed to operating and analyzing your program in certain ways.  Reorganize your program structure.