Customer Data Customer Retention Social Media Subscription 
Ecommerce Platforms
JUNE 20, 2022
From Birchbox to Dollar Shave Club, and Kiwi Crate to Netflix, we seem to live in a world of subscriptions, whether it be for software, movies, clothing, food, or whatever else you don't mind paying for with a monthly subscription. There's a reason so many subscription-based business models seem to be popping up.
Retail TouchPoints
JANUARY 18, 2022
For long-term engagement post-holidays, you can encourage shoppers to share their favorite holiday purchases on social media for the chance to get money back in the form of a rebate. Offer personalized benefits that evolve with customer needs. It’s no longer just a nice-to-have — it’s an expectation for consumers.
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RetailMinded
FEBRUARY 18, 2023
Did you know that the cost of attracting a new customer is five times more than the cost of retaining the existing one? Because of these exorbitant costs of customer acquisition, businesses are shifting their focus on customer retention to drive repeat purchases among customers. Check out the screenshot below.
RETAIL MANAGEMENT SOFTWARE
APRIL 24, 2023
Retailers are leveraging data analytics and customer insights to offer personalized and customized loyalty programs that cater to individual preferences and behaviors. By offering personalized experiences, retailers can deepen customer engagement and loyalty, leading to increased repeat business and brand advocacy.
ESW
MAY 23, 2018
Subscription programs can strengthen customer loyalty, reduce inventory risk, increase the lifetime value of each customer and boost ROI. The growth of subscription box services has been exponential over the past four years. It’s simple enough to manage 50 subscription orders each month, but what about 50,000?
SellBrite
JUNE 7, 2017
Savvy business owners know that customer retention is worth its weight in gold. The numbers say it all: it costs five times more to bring in a new customer than it does to maintain a current one and the odds of making a sale to a current customer are 60-70 percent compared to only a 5-20 percent chance of selling to a new lead.
Omnisend
MAY 30, 2021
Understanding customer behavior is essential for any merchant. The right customer data can help drive your buyers to make more personalized purchase decisions—and this is where behavioral segmentation comes into play. Generally speaking, behavior segmentation considers the following: When customers first interact with a website.
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