Retail TouchPoints

FEBRUARY 7, 2024

Above all else, retailers must have a solid tech foundation in order to enable a gamified customer experience. Site crashes, lagging and glitching chip away at the online experience and disrupt what could have been a successful initiative. Focus on customer retention.

Retail 286

Retail Games Clothing Customer Retention 286

Retail TouchPoints

JUNE 15, 2023

The 2023 Brand Experience Award winners are brands and retailers taking innovative approaches to all things “experience” — from advanced influencer marketing strategies to immersive store designs and even thoughtful approaches to the metaverse.

Customer Retention 274

Customer Retention Jewelry Outdoor Fulfillment 274

Smile.io

JUNE 1, 2022

Existing customers vs. new prospects graphic. Image Source: Antevenio Your post purchase customer experience can make a huge difference to your customer retention rate. A good post purchase experience shows the customer that you’re invested in their satisfaction. But, again, you can go further.

Customer Experience 87

Customer Experience Improvements Customer Customer Retention 87

Retail TouchPoints

MARCH 25, 2024

This year, we’ll hear senior-level executives’ perspectives on how customer experiences are evolving as content, community and commerce converge. With an emphasis on customer experience, RICE has three tailored tracks to reflect the distinct interests and needs of its key audience members.

Retail 257

Retail Article Omnichannel Customer Experience 257

lateshipment

FEBRUARY 6, 2024

Understanding Customer Lifetime Value Just like the name says, Customer Lifetime Value is the total amount of money that a customer spends in the time they were doing business with you. However, most businesses (like you, probably) neglect the customer experience after checkout. In other words, a.k.a.

eCommerce 130

eCommerce Customer Customer Retention Merchant Services 130

Retail TouchPoints

JANUARY 3, 2024

Embracing trends like bracketing, where customers buy multiple options for size or color and return the rest, opens up new opportunities. Streamlined returns not only improve the customer experience, but also widen the customer base — attracting those who might have avoided online shopping due to complex return processes.

Retail 278

Retail Shipping Costs Improvements Customer Experience 278

RTP blog

JUNE 26, 2017

By Georges Smine, Opera Solutions Recent news about closures of brick-and-mortar stores paints a gloomy picture for the retail industry, with retailers seemingly having no hope for recovery in the face of the e-Commerce giants. This includes having the right items in stock for customers to see, try on, or touch.

Retail 150

Retail Shipping Costs Customer Retention Customer Experience 150

Retail TouchPoints

JANUARY 29, 2024

On the strategic side, 41% of retailers identified reacting more quickly to business and market changes as an important omnichannel objective, followed closely by the 40% that cited providing a seamless customer experience across all channels.

Fulfillment 289

Fulfillment Shipping Costs Omnichannel Retail 289

Retail TouchPoints

AUGUST 7, 2023

Digital marketplaces help you provide the personalization customers have come to expect, and in today’s crowded ecommerce space, the customer experience has never been more important. Automation helps ensure a seamless customer experience. Global ecommerce sales are projected to exceed $7 trillion by 2025.

Subscription 246

Subscription B2B Mobile Customer Experience 246

Demac Media

JULY 12, 2017

We talk a lot about omni-channel in this industry and often we focus on the front-end experiences our customers have since these are the most visual and tactile for us. In-store, online, mobile, pop-up shops, all are front of mind when thinking about creating great customer experiences and improving our customer retention (i.e.

Customer Retention 38

Customer Retention Shipping Costs Customer Shipping 38

Omnisend

JANUARY 8, 2024

Instead, you can build customer retention by nurturing solid relationships through: Excellent customer service Personalized interactions Attractive incentives In this article, we’ll look at effective strategies you can use to drive more repeat purchases for your business. Start free today See pricing What is a repeat customer?

Customer 88

Customer Customer Retention Social Media X-cart 88

Retail TouchPoints

JANUARY 23, 2024

And after three years of pandemic aftershocks, industry experts confirmed what everyone in attendance felt (especially in their aching feet): the Big Show is officially back. It was the growth of what we first called multi-channel, which then became omnichannel, and then we saw the growth of the brands born on the internet.”

ACH 283

ACH Multi-channel Technology Customer Retention 283

RTP blog

AUGUST 30, 2019

In physical brick-and-mortar stores, the personal nature of the beauty industry is clearly evident in the important role the in-store beauty consultant plays in helping consumers discover, evaluate, try on and ultimately purchase beauty products. And it’s no wonder that consumers need assistance in this category.

Customer Retention 150

Customer Retention Department Stores Customer Experience Fashion 150

Retail TouchPoints

JANUARY 2, 2024

To drive customer retention and loyalty, most brands and retailers continue to rely on purchase discounts ( 77% ) and loyalty program points ( 61% ), according to Retail TouchPoints research. Or [it could be] similar to the hospitality industry where, if I commit to a paid program, you work with me differently as a member.

Consumer 308

Consumer Shipping Costs Customer Retention Information 308

Smile.io

APRIL 7, 2020

Did you know that you can capitalize on video to enhance your customer experience? Before we look at various ways to engage and enhance customer experience using video, let’s explore why video is crucial for your brand today. Related Topic: How to Make the Best Customer Loyalty Experience. Read Article.

Customer Experience 67

Customer Experience Customer eCommerce Customer Loyalty 67

AcquireConvert

APRIL 11, 2021

This seismic shift in consumer shopping habits means that eCommerce stores must ensure more than ever that they are providing a good customer experience. A report from PwC discovered that 73% of customers alluded to customer experience being an important factor in their purchasing decisions.

Customer Experience 41

Customer Experience Live Chat eCommerce Customer 41

ViiBE Blog - Retail

JUNE 2, 2021

By overlaying virtual objects and surroundings with the real world, AR revolutionizes traditional ways of doing business and transforms customer experience on both ends. AR benefits in the retail industry. How does AR technology impact the retail experience for customers? How is augmented reality used in retail?

Retail 52

Retail Customer Retention Technology Customer Experience 52

Retail TouchPoints

DECEMBER 21, 2021

A digital queuing system enhances the customer experience — which will be invaluable in the post-COVID era — and increases customer sales. Customer waits may be inevitable sometimes, but that doesn’t mean they also can’t be profitable. Maximizing Floor Space and Staffing Resources.

Customer Experience 306

Customer Experience Customer Retention Technology Customer 306

Algopix

APRIL 14, 2024

As we step into 2024, it’s time to shine a spotlight on the 20 most influential eCommerce marketing leaders who are shaping the industry’s future. This can be particularly beneficial for staying updated with the latest trends, techniques, or industry standards. The 20 Most Influential eCommerce Marketing Leaders of 2024 1.

eCommerce Marketing 113

eCommerce Marketing eCommerce Marketing Toys 113

Omniconvert

SEPTEMBER 14, 2020

The post Top 5 Ecommerce Industries that will Continue to Grow in the Future appeared first on ECOMMERCE GROWTH Blog. Strict restrictions and lockdowns in place amid the pandemic have drained revenue for many retail stores and businesses worldwide.

eCommerce 120

eCommerce Blog Retail Customer Retention 120

Retail TouchPoints

JULY 10, 2023

Retailers have a vast amount of data about customer shopping behavior and purchase history. Generative AI can dramatically improve customer experiences and drive revenue by helping shoppers find the products that most match attributes of what they’re looking for today, not just what they have purchased in the past.

Merchant Services 279

Merchant Services Shipping Costs Retail Social Media 279

lateshipment

NOVEMBER 26, 2023

This term is coined as “ The one-time shopper dilemma ”, where e-commerce businesses are unable to convert one-time shoppers into repeat customers due to unfavorable customer experiences. 76% of customers say that an unacceptable customer experience would affect their decision to order from the company again.

Shipping Costs 130

Shipping Costs eCommerce Order Fulfillment Shipping 130

Smile.io

JULY 7, 2023

Increases customer retention Customer retention is the key to sustainable and long-term growth for ecommerce brands. According to our data at Smile.io , on average, the top 10% of customers spend 2 times more per order than the lower 90%. Blog Mike Rossi 2. This helped give insight into what members valued.

Customer Retention 83

Customer Retention Blog Customer Experience Jewelry 83

Optimizely

DECEMBER 20, 2018

How do you carve out your slice of the market in a super competitive industry? But it’s even harder to build an online retail site that competes with existing retailers like Amazon or Target that have an established a customer base and dominate the market. Glambot: Focus on customer retention. How do you do that?

Online Retail 259

Online Retail Marketing Retail Fashion 259

GetElastic

NOVEMBER 9, 2021

Industry analyst Gartner released an eye-opening look at the digital commerce landscape, largely influenced from pandemic aftershock. In an environment once dominated by retail, more industries across the board are adopting the digital path. The results are in. The New Normal: Digital commerce is becoming more mainstream.

B2C 146

B2C B2B Customer Retention Subscription 146

Retail TouchPoints

SEPTEMBER 21, 2021

The 2021 Retail Strategy & Planning webinar series, now available on demand, brought together retailers, solution providers, practitioners and industry experts from firms including IDC, Alvarez & Marsal, WSL Strategic Retail and Cambridge Retail Advisors. Building Loyalty with Connected Consumer Experiences.

Payments 269

Payments Payment Services Customer Experience Social Media 269

Wiser

SEPTEMBER 27, 2023

Lastly, well-constructed customer satisfaction surveys can provide valuable data that guides strategic decisions. Businesses gain insights that can help identify trends, measure the impact of recent changes, measure customer satisfaction, and compare performance against industry benchmarks.

Customer 146

Customer Retail Customer Retention Improvements 146

Payoneer

FEBRUARY 22, 2019

While bringing in new customers is important, over 40% of a business’s profits come from existing customers. As a result, customer retention is just as important, if not more so, then acquisition. Put Customer Experience First. Find the reward system that is right for your business and stick with it.

Customer Retention 20

Customer Retention Customer Shipping Costs Social Media 20

Retail TouchPoints

SEPTEMBER 19, 2022

EY, formerly known as Ernst & Young, says that 57% of consumers choose a brick-and-mortar retailer predominantly based on the customer shopping experience. Every interaction holds the potential to impact overall customer satisfaction and long-term customer retention.

Marketing 246

Marketing Retail Information Customer Retention 246

Retail TouchPoints

DECEMBER 18, 2020

These issues have impacted consumers’ experiences and, ultimately, their expectations. To fulfill purchase orders and support customer retention in this uncertain landscape, companies have reevaluated their supply chain processes and adjusted their logistics frameworks. Improve Supply Chains, Boost Customer Satisfaction.

Supplies 246

Supplies Shipping Costs Operations Customer 246

Retail TouchPoints

APRIL 23, 2021

Retail is a massive industry. The industry employs more people than any other sector in the U.S. Forward-looking businesses in the retail industry are turning to automation software to streamline operations and improve the bottom line. Healthy and timely customer service is crucial to customer retention and business growth.

Retail 262

Retail Operations Customer Retention Order Fulfillment 262

GetElastic

SEPTEMBER 15, 2021

Customer Loyalty Programs: Almost all B2B marketers strive to find a balance between acquiring new customers and retaining existing customers. However, data shows that: 33% of marketers plan to increase spending on customer acquisition, versus only 18% on customer retention.

B2B 146

B2B eCommerce Customer SEO 146

Retail TouchPoints

FEBRUARY 2, 2021

To put it simply, WhatsApp vastly improves customer engagement possibilities by providing for all the essentials under one roof, including the ability to integrate AI support bots and promotional campaigns.

Mobile 223

Mobile Customer Retention Games Omnichannel 223

Algopix

AUGUST 30, 2023

In today’s fast-paced digital landscape, staying ahead in the eCommerce industry requires continuous learning and adaptation. Staying Abreast of Industry Trends The eCommerce landscape is in a constant state of evolution, with trends and consumer preferences shifting rapidly.

eCommerce 108

eCommerce Shopify Information Technology 108

365 Retail

JULY 12, 2023

Jigsaw has been a prominent figure in the fashion industry since its establishment in 1970 and has successfully built a loyal customer base across the United Kingdom and beyond. Recognising the need to enhance its customer experience and implement personalised marketing strategies, Jigsaw has chosen to partner with Voyado.

Fashion 52

Fashion Customer Retention Customer Loyalty Clothing 52

lateshipment

MARCH 9, 2020

Customer engagement is a much-loved term and a cornerstone of most businesses. It’s a ll about communicating with customers when it matters and forging relationships that last. Every business aims to give its customers the best possible customer experience.

Customer 246

Customer Shipping Merchant Services Customer Experience 246

Optimizely

MAY 15, 2018

It’s almost time for the Internet Retailer Conference & Exhibition , AKA IRCE — the massive ecommerce conference with the largest expo hall in the industry. In 2017, the Top 1000 online retailers in North America collectively increased online sales by 18.5%, and ecommerce accounted for 49% of retail industry growth.

Internet Retail 321

Internet Retail Magazine Customer Retention Online Retail 321