Retail TouchPoints

SEPTEMBER 21, 2021

The 15 sessions covered a wide range of topics, so to make it easier to browse we’ve organized the sessions into four categories: Holiday 2021 forecasts and how best to prepare for 2022; Building loyalty with connected consumer experiences; Key ecommerce and digital marketing trends; and Embedding innovation within your retail organization.

Payments 272

Payments Payment Services Customer Experience Social Media 272

Retail TouchPoints

JUNE 29, 2021

In 2021, retailers will utilize the data they’ve gathered over the past year to focus on customer retention and fostering brand loyalty. Retailers will be able to differentiate between one-off customers and repeat customers so that they can target returning customers with promotions, understand their price sensitivity and more.

Payment Services 276

Payment Services Retail Customer Retention Payments 276

Kissmetrics

JULY 21, 2021

A franchise business model can also help you scale rapidly because you inherit the operation processes and framework from the licensing company. Starting a company from scratch, working on branding, operations, funding, and marketing—or buying a license for a pre-established company? What Is a Franchise Business?

Payment Services 294

Payment Services Food and Beverages Payments Shipping Costs 294

FastSpring

JANUARY 29, 2020

Want to learn more about the five ecommerce payment trends shaping 2020? Push for smarter payment processing. More businesses will transition to a subscription model. A push for smarter payment processing. Businesses around the globe will look to simplify their payment tech stack.

Payment Services 85

Payment Services Merchant Services Payments eCommerce 85

Ecommerce Platforms

DECEMBER 12, 2022

The best Shopify subscription apps help busy entrepreneurs to rapidly process repeat payments from a range of customers. If you sell software, online courses, or anything else which requires consistent weekly, monthly, or annual payments from clients, these apps will keep your cash flow on track. Let’s dive in.

Subscription 118

Subscription Shopify Merchant Services Shipping Costs 118

Ecommerce Platforms

MARCH 14, 2023

Evercommerce is particularly focused on the support and enhancement of service-based companies. Instead, the company offers tailored curated selections of applications and tools for ecommerce within specific industry environments. Over the last few years, the latest news on the Evercommerce Inc company has been increasingly positive.

Payment Services 104

Payment Services Payments Beauty and Health Electronics 104

Ecommerce Platforms

JUNE 20, 2022

There's a reason so many subscription-based business models seem to be popping up. It's tough to break through with a successful product, but the rewards are enormous, with cash flow benefits, brand loyalty, and clear revenue projections on a regular basis. Guaranteed, Recurring Revenue. They can get out at any time.

Subscription 220

Subscription Shipping Costs Merchant Services Payment Services 220

FastSpring

DECEMBER 3, 2020

Businesses are constantly trying to figure out how to increase customer retention rates. But what if your business model is designed to create repeat customers. Essentially, that’s the beauty of subscription business models. Benefits for Subscription Businesses. Increased Customer Retention.

Subscription 120

Subscription Customer Retention Marketing Payment Services 120

Korona

FEBRUARY 9, 2023

Implement Loyalty Programs Retaining an existing customer costs up to five times less than gaining a new one. A good customer retention program can generate significant gains in recurring revenue for your company by improving the return on your marketing and sales budget.

Improvements 98

Improvements Payment Services POS Payments 98

FastSpring

JULY 12, 2019

However, there’s one metric that doesn’t get as much attention—customer lifetime value. Since most SaaS and subscription-based businesses depend on recurring payments to sustain themselves, it can pay dividends to keep a close eye on lifetime value and customer retention rates. Focus on Customer Satisfaction.

Subscription 76

Subscription Payment Services Payments Customer 76

BigCommerce

SEPTEMBER 21, 2018

Approximately 15% of all digital media industry’s revenue comes from affiliate marketing. 38% of marketers call affiliate marketing one of the top customer acquisition methods. In 2015 Amazon’s revenue surpassed $100B and affiliate marketing accounts for $10B of its sales. To increase revenue by $10,000 by the end of the year.

eCommerce 344

eCommerce Customer Retention Payments Management 344

FastSpring

JUNE 28, 2019

When companies look at strategies to scale their business there’s almost always a prevalent focus on customer acquisition. Businesses are always on the lookout for ways to expand their user base, attract new customers, and generate new leads. What is customer churn? How to calculate churn rate.

Payment Services 78

Payment Services Payments Customer Retention Subscription 78

Retail TouchPoints

MAY 28, 2021

And the main reason they don’t allocate enough finances to the customer service department is that it’s difficult to tie it to revenue generated. But customer service must be prioritized by every organization. Here are three data-backed reasons why: Good customer service leads to increased customer retention rates. ?

Payment Services 179

Payment Services Games Live Chat Customer 179

FastSpring

APRIL 11, 2019

We’ve seen explosive growth in the field of subscription and recurring billing with more and more software and SaaS companies discovering how impactful implementing a subscription model can be for their long-term growth plans. Subscribing to the idea of a subscription-based business model. . Maximized Revenue Potential.

Subscription 76

Subscription Payment Services Payments Shipping Costs 76

Ecommerce Platforms

JANUARY 13, 2022

Subscriptions play an essential role in simplifying lives, but they also make for a wonderful business model. After that, we'll teach you how to sell subscriptions on Shopify , providing you the easiest method to achieve a subscription business model. Why is the Subscription Business Model So Appealing? Product Curation.

Subscription 104

Subscription Shopify Payment Services Merchant Services 104

Korona

SEPTEMBER 7, 2022

Managing a successful small business takes many aspects into account. Managing your employees, your suppliers, and the company’s finances are all challenges. Focus On Your Customers . Satisfied customers can generate profits through customer retention and referrals and lower customer acquisition costs.

Small Business Retail 52

Small Business Retail Payment Services Management Payments 52

Ecommerce Platforms

MARCH 27, 2023

Benefits of Using Machine Learning in Ecommerce Machine learning can be difficult to implement at your company, but when you do, it has some amazing benefits to offer. Finding correlations in sales and marketing data may lead to quality improvements in your approach to the business and drive more revenue than simple optimization ever could.

eCommerce 104

eCommerce Payment Services Payments Recommendation 104

ESW

JUNE 26, 2018

one month), take your total revenue figure and divide that by the total number of orders you received. Competition has increased for eCommerce companies. If your revenue is increasing in general, then perhaps your customers are simply telling you they don’t mind placing multiple orders. Average Order Value.

Payment Services 96

Payment Services X-cart Shipping Costs eCommerce 96

GetElastic

SEPTEMBER 7, 2021

Just a few weeks after the unfortunate vitamin aisle experience a friend told me about a vitamin subscription company called Ritual. Recurring billing ” is the periodic (for example, monthly or annual) invoicing of a customer to collect payment for one or more subscriptions. Source: The Rise of the Subscription Business Model ).

Subscription 148

Subscription eCommerce Shipping Costs B2B 148

ROI Revolution

OCTOBER 7, 2022

In this article, we’ll be sharing eight tests you can implement to make sure your brand gets its share of the holiday revenue pie this year. Each holiday shopping season is different, but there are some constants that your company should consider every year. Key Points to Consider With Holiday A/B Tests. Code Freeze. The bottom line?

eCommerce 78

eCommerce Payments Payment Services Mobile 78

Korona

JANUARY 5, 2023

As such, businesses must constantly work on rising above their competitors. Optimizing your checkout means a better user experience, which, in turn, increases conversion rates and customer retention. What’s The Point Of Optimizing The Checkout Process? Allow Multiple Payment Options.

Payment Services 52

Payment Services eCommerce Shipping Costs Payments 52

FastSpring

OCTOBER 31, 2018

But what you and many others may quickly realize is that setting up your digital business and accepting online payments is often a lot spookier than expected. The GDPR outlines a set of policies that protect European Union residents by establishing a new framework for handling and processing personal data.

Payment Services 65

Payment Services Payments Customer Retention eCommerce 65

FastSpring

MAY 14, 2019

The way customers purchase software has changed and your business must adapt to stay competitive. Here’s how your company can benefit from switching from a perpetual license to a subscription plan. Operating a business on a one-time sales model puts tremendous pressure on capturing new sales from new users.

Subscription 81

Subscription Payment Services Payments eCommerce Platforms 81

ChannelAdvisor

FEBRUARY 27, 2023

Again, the top KPIs to track will differ between companies. Note that this KPI should not include things like tax or shipping — only the amount of revenue you receive from each order. Net profit Calculating net profit is basic business. To make money, you have to bring in more revenue than you’re spending.

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

ChannelAdvisor

FEBRUARY 27, 2023

Again, the top KPIs to track will differ between companies. Note that this KPI should not include things like tax or shipping — only the amount of revenue you receive from each order. Net profit Calculating net profit is basic business. To make money, you have to bring in more revenue than you’re spending.

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

Ecommerce Platforms

DECEMBER 20, 2019

Revel states that it can bring: “A dded value to your business, from generating more revenue, to improving efficiencies, to delighting your customers.” . The software is used to help you manage inventory, customers, and social media by using data analytics and insights to fuel your business decisions. Installation.

POS 118

POS Payment Services Payments Point of Sale 118

RetailMinded

MAY 16, 2023

Greater Audience Pool Online businesses can reach a worldwide audience and enable you to make easy money to open your emergency fund. This can be a huge advantage in generating sales and revenue. Online businesses that sell products and services also have the benefit of being able to scale up quickly.

Payment Services 52

Payment Services eCommerce Payments Live Chat 52

Korona

MARCH 7, 2023

And since reporting on gift card transactions is so straightforward, retailers have the data they need at their fingertips to understand their customers and make smart decisions about their business. Plus, when customers use gift cards rather than cash or credit cards, it’s often cheaper for merchants to process fees.

POS 52

POS Gifts Payment Services Merchant Services 52

AcquireConvert

NOVEMBER 24, 2022

Ecommerce businesses need to test different versions of the calls to action, for instance. Address verification service (AVS): a service used by credit card processors to verify that the billing addresses of customers match the addresses on their credit card statements. and select the one(s) with the best conversion rate(s).

Payment Services 36

Payment Services eCommerce Payments Shipping Costs 36

FastSpring

DECEMBER 20, 2018

SaaS Pricing can be difficult to determine for many digital businesses. First, you need to be sure that you’ve priced your product fairly, and second, you want to offer the payment option that will appeal to the largest number of users. Another added benefit of subscriptions is its ability to support customer retention.

Subscription 68

Subscription Payment Services Payments Customer Retention 68

Payoneer

FEBRUARY 22, 2023

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. of Nigerian ecommerce revenue. million in revenue in 2021. of the revenue for Nigeria’s top 100 online stores.

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

Kissmetrics

AUGUST 6, 2021

It costs 5X less to retain a customer than it does to acquire a new one. That’s why customer retention is crucial to growing your Ecommerce business. What is customer retention? Customer retention is the ability to encourage customers to keep coming back to make purchases.

Customer Retention 302

Customer Retention Customer Payment Services BigCommerce 302

Kibo

SEPTEMBER 3, 2019

In short, the emphasis is on acquiring new customers. But the benefits to optimizing B2B eCommerce perhaps even more significant for building customer retention – and with self-service becoming increasingly the norm for repeat orders, the ROI can make a powerful case for continued online investment.

B2B 48

B2B Payment Services Payments Customer Retention 48

Kibo

FEBRUARY 3, 2023

In the midst of uncertain economic times, many businesses are considering subscription business models and how they can be used to drive customer loyalty. In this article, we’ll outline four strategies to help boost your retention rate and discuss how technology will help you implement these strategies.

Customer Retention 62

Customer Retention Subscription Payment Services Customer 62

Lemonstand

APRIL 12, 2018

But that’s just the start: It’s now time to convince that customer to return again and again … and again. Customer retention. Indeed, online retail startups are so focused on growth and customer acquisition that customer retention becomes a bit of an afterthought. Make things easy for your customers.

Customer Retention 62

Customer Retention Customer Payment Services Payments 62

ESW

MAY 23, 2018

But what does it really take to seamlessly grow and manage an eCommerce subscription business at scale? Whether you’re running an SaaS company or selling physical merchandise, subscription service offerings can lead to unexpected obstacles that aren’t applicable to traditional direct-to-consumer business models.

Payment Services 60

Payment Services Subscription Operations eCommerce 60

Korona

JUNE 23, 2022

Whether you run a museum, an amusement park, a zoo, or an entertainment venue, online ticket sales are most likely a big part of your revenue. Researching all options and understanding the pros and cons of each is a tedious process, and it’s one that’s going to be unique for each type of operation. per ticket sold and 2.5%

Merchant Services 52

Merchant Services Payment Services POS Events 52