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How adding services to your products can propel your company growth?

GetElastic

Subscription based models are at the center of recurring revenue in eCommerce. With the emphasis on customer retention, rather than customer acquisition, merchants have a higher chance of maintaining the loyalty of existing customers. What leads us to believe this prediction will hold true? Subscriptions.

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The Top CBD Ecommerce Trends to Tap into the CBD Market

Omnisend

How to Use CBD Ecommerce Trends Effectively. We’ve already overviewed the best ecommerce platforms , so be sure to read that if you want to make an informed decision. Use Marketing Automation. Appeal to your customers and ensure a high customer retention rate by utilizing marketing automation.

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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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11 Key Retention Metrics You Need to Know

Smile.io

In order to maximize your retention efforts , you need to understand how to track and measure some key retention metrics. Here are 11 key retention metrics ecommerce marketers should be aware of. It’s estimated that 61% of consumers say they will switch to a competitor after one bad customer experience.

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How to Set Up an Ecommerce Loyalty Program to Improve Retention, Build Community and Drive 5X in Sales

BigCommerce

Estimated to grow to $335bn globally by 2025, this peer-to-peer marketplace is set to further impact the traditional corporate-centred economic model. Market the program. Measuring the Effectiveness of Your Customer Loyalty Program. These metrics can help to indicate the effectiveness of your customer loyalty program : 1.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

With store closures, safety concerns about being around other people, and more, consumers shifted to online shopping enough last year to push ecommerce to levels that weren’t expected until 2025! After surging nearly 20% last year in light of the pandemic, US retail ecommerce is expected to see smaller but still significant 8.7%

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [January 2022]

ROI Revolution

The COVID-19 pandemic has sparked a true customer transition to digital. By 2025, ecommerce sales will surpass $1.6 For comparison, in 2019, ecommerce sales made up just 11.1% Some of the digital trends that will continue to grow in 2022 include buy now, pay later (BNPL), digital grocery, and social commerce.