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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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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. Blog Mike Rossi 2. Increases customer retention Customer retention is the key to sustainable and long-term growth for ecommerce brands.

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Building Profitable Pricing Strategies on Leading Marketplaces

Smile.io

🛍️ Example: Let's say you're selling handmade jewelry on Shopify. Factor in the Shopify subscription fee and marketing costs to set a baseline price. to maximize retention rates, and loyalty while ensuring a great customer experience: The Smile.io 6 Shopify Apps that Integrate with Smile.io

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12 Sustainable Small Businesses to Support Without the Guilt

Smile.io

 The Sustainable Book Club A screenshot of The Sustainable Book Club’s subscription box page. This UK-based book subscription service offers customers the chance to find some great vintage reads and sustainable treats for a cozy afternoon of reading. Blog Beth Foster 7. It’s all in the name here, folks.

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23 Black-Owned Businesses to Support in 2023

Smile.io

Beyond that, they’ve created a virtual happy place for their customers through a blog, social media communities, their Brown Sugar Mini Magazine, curated playlists, and entertaining quizzes. They even have their monthly Brown Sugar Subscription Box which is loved by their customers and has over 4000 glowing customer reviews.  

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Top Ecommerce Niches of 2019

ecomdash

Merchants can focus on building more personalized content and customer experiences for their target customers which leads to stronger brand loyalty. Studies show that a 5% increase in customer retention leads to a 95% increase in profits. Take a peek at their online store, social media, and customer reviews.

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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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