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An In-depth Guide on Creating an Ecommerce Business Plan in 2020

Ecommerce Platforms

This tool shows you the stats in reference to where exactly your online store gets its traffic from. Customer Loyalty Program. This is one of the most common ways to maintain repeated customers. A stable customer loyalty program can help your business be operational for decades. Consumer-to-Business(C2B).

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What Is Inventory in Retail – Everything You Need To Know As a Retail or SMB Owner

Korona

The lifeblood of a successful retail business is mainly dependent on the retailer’s ability to provide consumers with quality products in sufficient quantity from the right place at the right time. Effective inventory management helps you meet your customers’ demands and generate sales. It’s not easy.

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Multi-Channel Retailing: The Ultimate Guide to Engaging Customers On- and Offline

Korona

Multi-channel retailing refers to implementing multiple sales channels, such as brick-and-mortar stores, online marketplaces, mobile apps, and catalogs, to create a seamless customer shopping experience. What Are The Types of Multi-Channel Retailing The advent of COVID-19 has brought about a change in the way consumers shop around.

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What is Buy Online Pickup In Store (BOPIS)? The Complete Guide for Omnichannel Retailers

Fabric

Enterprise retailers are in constant pursuit of new ways to enrich the customer experience—whether it’s prioritizing faster fulfillment, optimizing for consumer convenience, or enhancing personalization along the buyer’s journey. If everything matches, the customer leaves with their order in hand.

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

Ecommerce Platforms

Second, this guide churns out a few examples that could help you kickstart your loyalty scheme. And most of all, a simplified formula to help you measure your loyalty program's overall perfomance. . So let's get started… What’s the point of having a customer loyalty program? . The result?

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Should You Invest in a CDP or a Personalization & Testing Engine?

Kibo

A successful personalization approach is critical to remain competitive in a fragmented, multichannel retail environment. This has become particularly clear since the pandemic which prompted consumers to switch brands in unprecedented numbers. Customers want personalized experiences, especially when they shop.

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The Complete Ecommerce Analytics Toolkit: 29 Reports, 6 Actionable Steps + 2 Free Guides

BigCommerce

Click here to get a PDF you can print and reference whenever you need it. RFM analysis can also help you create segments that identify inactive customers. For multichannel retailers, RFM scores should be calculated by channel in order to better understand the quality of customers per channel. Here is a taste.