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How to Recession-Proof Your Online Retail Business Without Raising Prices

Korona

It is much more cost-effective to focus on retention and lifetime value than to try to get new customers to make a purchase. It is five times more expensive to attract a new customer than to retain an existing one. However, by increasing customer retention by 5% , profits can increase by 25-95%.

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What Is the Best Online Ticketing System

Korona

The best ticketing system is the one that improves your customer experience, drives sales, offers insight into your performance, streamlines operations, and, in the end, supports your efforts to scale your business. The best online ticketing platform also must support all segments of your operation.

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Ecommerce Segmentation vs. Personalization: Differences & Benefits

UpSellIt

Ecommerce segmentation and personalization are two independent, but complementary strategies used in the field of online retail to enhance customer experience, improve conversion rates, and drive sales. Taking it a step further, these visitors were then emailed with a reminder to book at their location.

eCommerce 107
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How E-Commerce Companies Can Compete in an Amazon-Dominated World

Kissmetrics

online retail sales. Even some of the other biggest retail giants in the world have a tough time competing against Amazon. Amazon has a lot of the same problems that most retailers have when dealing with customer service. And customer experience can play a big role in customer retention and loyalty.

eCommerce 210
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Which Online Marketplaces in the USA would be Right For Your Products?

ChannelSale

By 2020, global marketplaces will own 39 percent of online retail market. No wonder, instead of launching their own online stores, new sellers rush to these at-ready platforms. Best-selling products: private label products (accessories and apparels), video games, books, home decoration products, and daily-use items.

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The Goldilocks Method of Discounting

eCommerceFuel

.” That’s a very nerd approach to marketing and something I believe in, and what I’m gonna argue in this podcast is we should be using promotions effectively to try to keep your customers around longer and it’s just money well spent. The problem is most retailers out there discount too much.

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An Beginner’s Guide To Creating A Customer Loyalty Program In 2020

Ecommerce Platforms

Put differently, an ecommerce retailer needs customers to hit the checkout button over and over again. . It precisely works for both brick and mortar stores, and online retailers in a pretty much incisive way. . Keeping your customers constantly motivated is one essential move a seller needs to put careful thought into.