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4 Ways Retailers can Leverage Generative AI to Drive Revenue and Productivity

Retail TouchPoints

The world of retail is getting ready for its iPhone moment using breakthrough generative AI technology. For example, a retailer looking to use the technology for generating descriptions in ecommerce product catalogs would train the model on relevant product information and metatags specific to its brand and items they sell.

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Post-purchase Strategies to Turn One-Time Holiday Shoppers into Your Brand’s BFFs

lateshipment

Enter “Brand BFF” or repeat customer, a win-win situation for your customers and your business. Why Focus on Customer Retention? To give you a little motivation, here are some of the benefits that you can stand to gain by increasing your customer retention rates.

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How to Start a Subscription Business that Works

Ecommerce Platforms

You may initially start thinking about the downsides like the fact that you might have to ship out thousands or millions of curated boxes, making for a rather expensive endeavor. Improving your customer lifetime value is the key here, and a subscription business has that built into the model. Customer Acquisition Costs Decrease.

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5 Ways Retailers Can Tackle Wavering Customer Loyalty

Retail TouchPoints

Customer acquisition costs online have reached unprecedented levels, which means marketing leaders are trying to diversify their toolkits. However, brands cannot underestimate the importance of implementing a compliant and transparent process for collecting and using customer data. . Stand Out Beyond Free Shipping .

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[eCommerce Trends 2021] 6 Insights to Increase Sales and Customer Loyalty

lateshipment

Every week there’s a new meme trending online – From Bernie Sanders to a ship stuck in the Suez Canal. However, you must keep in mind that entirely relying on these marketplaces can limit your brand’s growth (as you don’t own the customer data). Stellar customer support = enhanced overall shopping experience.

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What a Baby Clothes Blog Can Teach You About 991% YoY Growth Using Paid Acquisition

Kissmetrics

return on Instagram ad spend, 47% decrease in cost per purchase, and an incredible $0.11 average cost per conversion. Before PR and prior to advertising, it also meant Product, Pricing, and… Place. With some software, the price goes up with every additional SKU or number of processed orders. Here’s how.

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4 of the Biggest Furniture Ecommerce Trends for 2021 and How To Use Them Yourself

Omnisend

DTC has seen considerable growth in the past couple of years, as new technology, shifting consumer attitudes, and the success of well-run DTC brands has seen the need for a retail ‘middle man’ diminish. Make sure you have the following furniture ecommerce best practices in place for quick adaptation of new innovations and technologies.

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