Customer Loyalty Customer Retention Merchant Services Point of Sale 
Ecommerce Platforms
AUGUST 29, 2022
Shopify apps can help with everything from SEO to email marketing, and customer service. Customer loyalty apps allow you to build your own loyalty program, referral strategy, or simply distribute loyalty points to customers. What Are The Most Popular Loyalty Apps for Shopify?
Korona
MARCH 7, 2023
Gift cards can be a powerful marketing and sales tool for retailers. And when you combine them with point of sale (POS) technology, their potential is even greater. Plus, when customers use gift cards rather than cash or credit cards, it’s often cheaper for merchants to process fees.
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Korona
NOVEMBER 10, 2022
However, by increasing customer retention by 5% , profits can increase by 25-95%. Additionally, the success rate of selling to a customer you already have is 60-70%, while the success rate of selling to a new customer is 5-20%. For all their benefits, loyalty programs are only suitable for some businesses.
Korona
MARCH 2, 2022
The cleanliness of your store is one of the key factors that come into play for customer retention. Some thrift store owners purchase inventory exclusively from these types of sales or include them as part of their business’s inventory model. Take your time during the hiring process.
ROI Revolution
AUGUST 5, 2021
It’s not just that shoppers are spending more – it’s also that they’re making more digital payments and fewer cash payments. Contactless payments grew 37% YoY in Q2 2021 to account for 45% of global in-person transactions. Touchless payment continues to grow. That’s 9% growth over Q1, amounting to a total of $4.5
ROI Revolution
JULY 1, 2021
Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Buy now, pay later (BNPL) is one of the myriad alternative payment methods that has seen the most growth since last year, with BNPL adoption up more than 81% year-over-year.
ROI Revolution
DECEMBER 2, 2021
In August 2021, 66% of organizations were in the process of delaying their office reopenings. Shopify’s total revenue grew 57% year-over-year in Q2 2021, with Shopify’s merchants generating an additional $1.1 Contactless payments grew 37% YoY in Q2 2021 to account for 45% of global in-person transactions. In fact, 35.2%
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