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Building Profitable Pricing Strategies on Leading Marketplaces

Smile.io

In the ever-evolving landscape of ecommerce, building a profitable pricing strategy is like orchestrating a symphony that can significantly impact your success. Nowhere is this more evident than on popular online marketplaces, where the art of pricing can make or break your business.

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4 Ways Retailers can Leverage Generative AI to Drive Revenue and Productivity

Retail TouchPoints

New state-of-the-art generative AI models for text, images, high-fidelity videos and 3D assets can be trained and fine-tuned with retailers’ proprietary data, representing their specific brand and tone and with appropriate guardrails to do domain-specific tasks. Automatic price optimization. Assistive customer service.

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Mastering Amazon Prep Services: The Complete Guide for Sellers

Algopix

Beyond mere compliance, these services play a pivotal role in preserving product integrity throughout the labyrinthine journey of the shipping process. Thus, they become the linchpin for fostering customer satisfaction, a cornerstone in the establishment and perpetuation of a thriving Amazon business. A Broad Spectrum of Services 1.

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Post-purchase Strategies to Turn One-Time Holiday Shoppers into Your Brand’s BFFs

lateshipment

This term is coined as “ The one-time shopper dilemma ”, where e-commerce businesses are unable to convert one-time shoppers into repeat customers due to unfavorable customer experiences. 76% of customers say that an unacceptable customer experience would affect their decision to order from the company again.

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The Best Shopify Subscription Apps for 2023

Ecommerce Platforms

One of the most highly-rated and well-known Shopify subscription apps on the market, Recharge is a state-of-the-art recurring payments application. Compatible with most Shopify themes, the solution allows business owners to rapidly enable subscriptions programs in a matter of seconds, and improve customer lifetime value. Let’s dive in.

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Can Big Data and Predictive Analytics Rescue the Retail Industry?

RTP blog

Many people are under the impression that great marketing is an art, but the field of data science has introduced a scientific component to marketing campaigns. One must recognize that some consumers will prefer an in-store experience for some categories , and predictive analytics can help them, too.

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The 5 Types of Online Shoppers and How to Get Them to Buy

Smile.io

While one-time shoppers boost sales in the moment, they’re often attracted by expensive ads and have no intention of making another purchase or engaging beyond their initial discount-driven transaction. This drops the lifetime value (LTV) of your customer and increases marketing costs.