article thumbnail

How bonuses and incentives help customer retention 

365 Retail

However, it is crucial to convert occasional consumers into devoted clients who consistently purchase your product or service since this is as important, if not more significant, for the success of your organisation. What is customer retention? Why is customer retention crucial for businesses?

article thumbnail

The 5 Benefits of Shopify Plus Loyalty Programs

Smile.io

The sole purpose of a loyalty program is to turn one-time customers into repeat customers and build a loyal following. Shopify Plus brands utilize loyalty programs to increase repeat purchase rates and boost customer retention. Check out the full case study.  Jonathan Roque What is Shopify Plus?

Shopify 53
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Sloane Tea Boosted Revenue by 370% in 24 Hours with Bonus Points

Smile.io

How “Double the Points” led to more than triple the revenue No matter how loyal your customers are, shoppers love the idea of receiving additional value, especially when it’s only available for a limited time.  Read the case study for bonus point strategy, impact, and execution.  GET STARTED

article thumbnail

How To Start an Ecommerce Business in 2020 – 6 Step Guide

Ecommerce Platforms

An ecommerce transaction extends to services that are sold online. A solid customer engagement. Your business model should capture such attributes to cash in on the customers’ confidence. What about processing payments, beating the competition, and so forth? Types of Ecommerce Merchants. Case studies.

article thumbnail

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

Ecommerce Platforms

One open-ended way to make customers so loyal to your brand is to make it easy for them while redeeming their earned points. The process itself requires minimal effort. Here, you're more of making a pitch or better still, a proposal to another established entity that deals in the same products or services. Two minds think alike.

article thumbnail

Top Loyalty Program Features (+How To Choose The Best Software)

Smile.io

Analysis from Smile Rewards’ network of 100K+ merchants revealed that traditional points programs resulted in a: 9% lift in average order value  3.3x Patrick Trochaniak With a points program, you unlock various features that will further drive customer retention and lifetime value. and achieved incredible results.