Retail TouchPoints

JANUARY 3, 2024

The Cost of Maintaining the Returns Status Quo The existing fragmented and outdated returns process carries significant costs for retailers, both in financial terms and in customer satisfaction. Retailers must recognize that an efficient returns process is not just a cost-saving measure but also a growth strategy.

Retail 261

Retail Shipping Costs Improvements Customer Experience 261

lateshipment

FEBRUARY 6, 2024

Profitability: By subtracting Customer Acquisition Costs (CAC) from CLV, a business can determine the profitability of acquiring and retaining customers (a metric known as adjusted CLV or CLV to CAC ratio). However, most businesses (like you, probably) neglect the customer experience after checkout.

eCommerce 130

eCommerce Customer Customer Retention Merchant Services 130

lateshipment

NOVEMBER 26, 2023

Introduction Holiday shoppers don’t just mean the “ I’m planning to spend (more than I usually do during the other months) for my holiday season needs by capitalizing on seasonal trends, special deals, and promotions ” type. Enter “Brand BFF” or repeat customer, a win-win situation for your customers and your business.

Shipping Costs 130

Shipping Costs eCommerce Order Fulfillment Shipping 130

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 271

Merchant Services Shipping Costs Retail Social Media 271

lateshipment

APRIL 2, 2021

Every week there’s a new meme trending online – From Bernie Sanders to a ship stuck in the Suez Canal. Now and then there come new trends that shape the industry for the future. You can also focus on the channels where your customers go the most and sell to them there. eCommerce works exactly the same way.

Customer Loyalty 130

Customer Loyalty eCommerce Customer Shipping Costs 130

lateshipment

OCTOBER 30, 2023

The impact they bring is catastrophic — wrecking customer experience, straining customer support teams, and ultimately threatening profit margins. Regardless of who the shipping partner is, a leading carrier or a 3PL, some hard truths that you deal with are.

eCommerce 130

eCommerce Shipping Costs Shipping Customer Experience 130

Fabric

MARCH 14, 2023

Throw in soaring customer acquisition costs , high cart abandonment rates , and declining customer retention rates , and you start to see why the fashion retail sector is such a competitive and unforgiving industry. High-end equates to more expensive products that target a more affluent audience.

Apparel 130

Apparel Fashion Shipping Costs Merchant Services 130

Retail TouchPoints

SEPTEMBER 21, 2023

Underlying these experiences is the invisible hand of artificial intelligence, steering our post-purchase journey. While AI presents vast possibilities to enrich this journey, it also ushers in significant challenges that could negatively impact customer retention and a brand’s bottom line.

eCommerce 264

eCommerce Customer Loyalty eCommerce Platforms Shipping Costs 264

Algopix

DECEMBER 26, 2023

Beyond mere compliance, these services play a pivotal role in preserving product integrity throughout the labyrinthine journey of the shipping process. Thus, they become the linchpin for fostering customer satisfaction, a cornerstone in the establishment and perpetuation of a thriving Amazon business. A Broad Spectrum of Services 1.

eCommerce 127

eCommerce Shipping Costs Arts Fulfillment 127

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. Display incentives.

Customer Experience 41

Customer Experience Live Chat eCommerce Customer 41

lateshipment

OCTOBER 16, 2020

If you are looking to sell well this holiday season, review your analytics and reports to understand your sales trends from previous holiday seasons as well as your online sales this year during the COVID-19 pandemic. and act accordingly to provide great customer satisfaction. . 44% of customers will spend only on necessities.

Shipping Costs 211

Shipping Costs eCommerce Social Media Shipping 211

lateshipment

AUGUST 13, 2021

Dropshipping is a method to fulfill orders by listing products online and passing them to a third-party supplier responsible for shipping them to the customers. Low overhead costs: You don’t have to maintain a brick-and-mortar shop or a warehouse for your products. What is dropshipping?

Shipping Costs 130

Shipping Costs Payment Services Shipping Social Media 130

Omnisend

APRIL 26, 2021

According to the Ecommerce Statistics Report 2020 , the COVID-19 pandemic has played a huge role in accelerating the trend toward shopping online. Read on for the biggest furniture ecommerce trends and tips to help you grow in 2021. In this article, we’re going to check out some of the biggest furniture ecommerce trends for this year.

eCommerce 135

eCommerce Social Media Merchant Services Shopify 135

ecomdash

NOVEMBER 26, 2018

Each year we bring you a list of niche products that are trending and this year is no different. Doing so can cost a ton of money in inventory, storage, resources, and marketing, especially for small businesses and ecommerce startups. Less Expensive. Pros of Selling Niche Products. Lower Storage Fees. Brand Loyalty. Better ROI.

Shipping Costs 148

Shipping Costs eCommerce Food and Beverages Fulfillment 148

Retail TouchPoints

AUGUST 15, 2022

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 .

Customer Loyalty 197

Customer Loyalty Customer Retail Shipping Costs 197

Korona

FEBRUARY 9, 2023

Hire, And Train Employees Who Can Provide Great Customer Experiences Happier customers mean more loyalty to your store. However, this is only possible if your retail sales associates provide an exceptional customer experience. Free shipping leads to more orders. And more loyalty will lead to better sales.

Improvements 98

Improvements Payment Services POS Payments 98

Korona

NOVEMBER 10, 2022

These actions may include cutting back on hiring, being more cautious with spending, or raising your prices. . While raising prices during uncertain economic times is not unheard of and may even be expected, it is not always the best option, especially when consumer spending is likely to decline. . Table of Contents.

Shipping Costs 52

Shipping Costs Online Retail Payment Services Merchant Services 52

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 218

Payments Payment Services Customer Experience Social Media 218

RTP blog

JUNE 26, 2017

It provides the ability to help companies stay abreast of the shopping trends by applying predictive analytics methods to reveal, interpret, and act on meaningful data insights, including online and in-store patterns. 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

ChannelAdvisor

FEBRUARY 27, 2023

marketing, advertising or fulfillment) Your overall e-commerce strategy Armed with performance data, you can optimize these program components and make better decisions about sales, marketing, customer experience and more. Customer acquisition cost (CAC) Customer acquisition cost is the amount it costs you to acquire one new customer.

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

ChannelAdvisor

FEBRUARY 27, 2023

marketing, advertising or fulfillment) Your overall e-commerce strategy Armed with performance data, you can optimize these program components and make better decisions about sales, marketing, customer experience and more. Customer acquisition cost (CAC) Customer acquisition cost is the amount it costs you to acquire one new customer.

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

RetailMinded

JULY 29, 2023

The market environment is experiencing a significant change, and it is crucial for companies to ensure their continued commitment to staying updated with present trends and progressions in order to prosper. In this article, I will explore the rapidly changing retail industry and analyze the current trends influencing its future.

Payment Services 52

Payment Services Consumer Retail Social Media 52

RetailMinded

JULY 29, 2023

The market environment is experiencing a significant change, and it is crucial for companies to ensure their continued commitment to staying updated with present trends and progressions in order to prosper. In this article, I will explore the rapidly changing retail industry and analyze the current trends influencing its future.

Payment Services 52

Payment Services Consumer Retail Social Media 52

Ecommerce Platforms

JANUARY 13, 2022

The popular photo/video/website editing software company has a long history of selling expensive industry software. Yet, Adobe got smart, or they at least followed the trends of other companies peddling subscriptions instead of onetime purchases. Subscriptions increase the return on customer acquisition costs.

Subscription 104

Subscription Shopify Payment Services Merchant Services 104

Omnisend

APRIL 15, 2021

Loyalty and rewards programs have become one of the trending add-ons for online stores looking to increase their number of new customers. The answer is simple—loyalty programs are essential for improving customer retention and ROI. They do not have to be expensive or complicated as long as you keep it simple!

Omnichannel 78

Omnichannel Shipping Costs Social Media eCommerce 78

Omnisend

MARCH 2, 2021

Whether the experience reinforced the sense of luxe, reacquainted you with whimsy, or delighted you enough to break the humdrum of opening typical Amazon cardboard, the unboxing experience can keep your product in your customer’s mind long after they’ve tossed the box. What is an Unboxing Experience?

Shipping Costs 158

Shipping Costs Gifts Shipping Presentation 158

Omnisend

APRIL 15, 2021

Loyalty and rewards programs have become one of the trending add-ons for online stores looking to increase their number of new customers. The answer is simple—loyalty programs are essential for improving customer retention and ROI. They do not have to be expensive or complicated as long as you keep it simple!

Omnichannel 78

Omnichannel Shipping Costs Social Media Reference 78

Korona

OCTOBER 6, 2021

Other additional consumer information includes purchase history (both in-person and online), detailed order notes, lifetime value, and customer preferences. . In order to build customer loyalty, personalization is now the best way to meet most people’s expectations. Speed and Reliability: POS Features For Fast Transactions.

POS 52

POS Payment Services Point of Sale Shipping Costs 52

AcquireConvert

NOVEMBER 24, 2022

Customer acquisition: the process of attracting new customers to your business, usually through your marketing strategies (SEO, social media marketing, content marketing, etc.). Customer experience (CX): your customers’ perception of their experience with your ecommerce business.

Payment Services 36

Payment Services eCommerce Payments Shipping Costs 36

GetElastic

APRIL 28, 2022

With this trend in online shopping, the DTC eCommerce industry will only continue to grow. As DTC businesses continue to prioritize digital commerce experiences, brands are facing more market competition than ever. Through Contentful and social media, Glossier has created a strong, loyal customer base and enhanced customer experiences.

Payment Services 78

Payment Services eCommerce Customer Retention Demo 78

eCommerceFuel

OCTOBER 1, 2020

Customer loyalty is the key to customer retention, meaning repeat customers for your business. The fundamental goal for an eCommerce shop is to attract customers, and ultimately keep them coming. Adapted from a traditional shop model, an eCommerce customer loyalty program is essential for customer retention.

Customer Loyalty 44

Customer Loyalty eCommerce Customer Shipping Costs 44

Korona

OCTOBER 6, 2021

Other additional consumer information includes purchase history (both in-person and online), detailed order notes, lifetime value, and customer preferences. . In order to build customer loyalty, personalization is now the best way to meet most people’s expectations. Speed and Reliability: POS Features For Fast Transactions.

POS 52

POS Payment Services Point of Sale Events 52

Omnisend

MAY 30, 2021

It’s no surprise that automation driven by behavioral segmentation saw over half of all emails opened— 87% of Americans have stated that they’re willing to have activity tracked for a more personalized, rewarding customer experience. Behavioral marketing segmentation helps divide a customer base. Where they go whilst on it.

Customer 114

Customer Merchant Services Subscription Omnichannel 114

ROI Revolution

MAY 6, 2021

Download our 2021 Ecommerce Tech + Trends Report to uncover strategies & insights that will propel your brand forward in 2021. After all, a 2017 Harvard Business Review study found that customers who use multiple channels rather than a single channel spent an average of 4% more when shopping in-store and 10% more when shopping online.

Omnichannel 135

Omnichannel Merchant Services Social Media Payment Services 135

Fabric

DECEMBER 22, 2023

Modern commerce services can enrich the customer experience and get you on the nice list! Customer lifetime value (LTV): The total predicted revenue a customer is expected to generate over the entire duration of their relationship with a business, emphasizing the long-term value of a customer. Read on to learn how.

Merchant Services 130

Merchant Services Shipping Costs eCommerce Retail 130

SellBrite

MAY 6, 2019

When Pinterest first launched back in 2010, it was the go-to place for women to browse and pin the latest fashion, decor, and meal planning trends. This seamless customer experience speeds up the buying process because instead of visiting multiple websites to compare products and prices, customers can comparison-shop in one place.

eCommerce 141

eCommerce Social Media Comparison Shopping SEO 141

lateshipment

APRIL 1, 2020

Shipping is the most important factor in any online shopper’s decision criteria. Why Customer Satisfaction Takes a Hit in the Post-Purchase Phase. Loss of Last-Mile Control to a Third-Party Shipping Partner. Most businesses outsource the delivery process to a shipping carrier like FedEx, UPS, or DHL.

Improvements 225

Improvements Payment Services Customer Shipping Costs 225