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[eCommerce 2021] A Step-by-step Guide to Customer Retention

lateshipment

Did you know that the average Customer Retention Rate (CRR) is just around 35% for eCommerce businesses. Just take a look at these stats 65% of a company’s business can be credited to existing customers. Companies have to spend 7 times more to get a new customer than to retain an existing one. Leverage email marketing.

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The Best Ecommerce Customer Loyalty Programs by Industry

Smile.io

Sephora's Beauty Insider Sephora’s Beauty Insider VIP loyalty program. Program highlight: reward exclusivity Sephora’s Beauty Insider is undoubtedly one of the best ecommerce customer loyalty programs out there. 6 Loyalty Program Examples in the Beauty Industry Loyalty program examples in the beauty industry.

Insiders

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5 Benefits of Building an Online Brand Community

Smile.io

Pura Vida Bracelets sells its customers on a feeling  Pura Vida Bracelets has been a staple jewelry and bracelet brand for Millennials and now Gen Z. Loyalty Landscape: If Your Business Can’t Survive Without Ads, it’s Dead What would happen if you turned off all your ads? Blog Mike Rossi 2.

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Top Shopify Stores You Need to Follow for Inspiration

MagentoBrain

Shopify stores offer a wide range of products and services, and some of them stand out from the crowd because of their innovative ideas, unique branding, and outstanding customer service. In this blog, we have compiled a list of the top Shopify stores that you need to follow for inspiration.

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5 Examples of Experiential Rewards for Luxury Brands

Smile.io

For starters, customers need to spend $600,000 annually to reach this level, making achieving this coveted status rewarding in and of itself. A few small extra steps for you can mean the world of a difference in the minds of your customers. The first lies in their blog which provides value-added content to customers for free.

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Retention Marketing: Why It’s Important for Ecommerce (+5 Tips for Getting It Right)

Omnisend

Enter retention marketing—the difference between constantly struggling to attract first-time buyers and comfortably selling to loyal customers. Many will often reference impressive numbers with retention marketing, like how increasing customer retention by 5% leads to a 25% to 95% boost in profits. Post-Purchase.

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How To Rethink Your Customer Segmentation Efforts To Be More Profitable

eCommerceFuel

.” — ECF Member Why Customer Segmentation Matters Personalization: Tailor your messaging to fit individual needs and preferences. Optimized Marketing Spend & ROI: Direct resources to high-value customer segments for maximum returns. Customer Retention: Retaining your biggest brand advocates or converting “minnows” to whales.