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How to Boost Ecommerce Revenue With Customer Loyalty Programs

Ecommerce Platforms

Sure, you'll find customers who keep coming back, but nothing like you would get with your own VIP or loyalty program. The key to the whole loyalty game is recurring income. You lock in your faithful customers for those monthly payments, then hope that they order additional items along the way.

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Harness the Power of BNPL to Build Stronger Brand Equity

Retail TouchPoints

The good news is that since its global popularization in 2020, Buy Now Pay Later (BNPL) has become a real game-changer for merchants looking to boost their business. For shoppers, BNPL is a seamless payment method that helps break up their purchases into several installments, bringing more cash flow and budgeting flexibility.

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Nine Tips to Create Recurring Revenue with Subscriptions

Retail TouchPoints

In fact, Gartner predicts that by 2023, 75% of DTC businesses will have a subscription offering. However, taking advantage of this growing market isn’t easy, with higher churn rates making it difficult for brands to cover acquisition costs and scale revenues. Involuntary churn occurs when a customer’s payment attempt fails.

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Shopping Cart Abandonment: 7 Tips to Capture Revenue

Groove

When discounts and promotions are successfully implemented, your business is more likely to encourage customers to convert. This will help drive customer loyalty and customer acquisition. Overall, we recommend building custom promotional offers based on your business, customers and goals.

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Loyalty Programs: Why and how do they work?

Optimizely

Loyalty programs have come a long way since Betty Crocker first introduced its box top coupons in 1929, ushering in a new era of modern customer loyalty. Today, brands no longer have to be retail icons or superpowers to be able to launch loyalty programs. But if this example feels too daunting, think simpler.

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The Advanced Guide to Facebook Watch

Kissmetrics

Red Table Talk,” for example, is a popular show starring Jada Pinkett Smith, where she brings on guests to discuss sensitive topics such as divorce and gender identity. Small businesses have also rushed to Live, creating events and classes to increase revenue. Types of videos on Live range from U.S. Music Videos.

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RSP21 Reveals Top Growth Drivers for the Post-COVID Era

Retail TouchPoints

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.

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