Retail TouchPoints

MAY 18, 2021

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.

Subscription 166

Subscription Payments Merchant Services Shipping Costs 166

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 272

Payments Payment Services Customer Experience Social Media 272

FastSpring

JULY 16, 2019

You’re constantly racing against the clock to get your product off the ground and generating revenue as quickly as possible. Since SaaS-friendly billing, also known as recurring billing , is designed specifically for companies who sell online services with a subscription model, it offers many advantages over a typical payment system.

Payments 65

Payments Payment Services Subscription Customer Loyalty 65

Groove

JULY 2, 2019

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.

Shopping Carts 284

Shopping Carts Payments Live Chat Shipping Costs 284

Optimizely

OCTOBER 22, 2020

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.

Payments 367

Payments Customer Loyalty Customer Retention Outdoor 367

Kissmetrics

DECEMBER 8, 2020

Small businesses have also rushed to Live, creating events and classes to increase revenue. From here, you can bulk upload videos, crosspost to different pages, schedule posts, consolidate engagement, and monetize. Forty-five percent of the revenue from those ads goes to Facebook, while the remaining 55 percent goes to you.

Payments 273

Payments Subscription Events Mobile 273

FastSpring

JULY 29, 2019

However, there is another lesser-known metric that also deserves a lot of attention – payment card decline rates. To protect your business and ensure you’re on the right track to future growth your business should keep a close eye on your payment card decline rate. How Does Payment Failure Affect Online Businesses?

Payment Services 63

Payment Services Payments Customer Loyalty Demo 63

ESW

MARCH 20, 2024

Selling DTC perfume and fragrance is an effective way to delight current brand fans and also attract new customers by offering an accessible entry point to high-end or luxury brands. Brands that engage with and reduce complexity from the start see better long-term revenue and profit. Fragrance is also a growing industry.

Payment Services 78

Payment Services Payments Customer Loyalty Shipping 78

Retail TouchPoints

JANUARY 25, 2024

Proper security is imperative to any business’ bottom line and the integrity of their brand, but how can that be achieved without increasing the burden on the end consumer? Passkeys eliminate this once necessary but unwelcomed friction, leading to an improved user experience, deeper customer loyalty and higher conversion rates.

Payment Services 264

Payment Services Cryptography Payments Improvements 264

RTP blog

OCTOBER 30, 2017

These in-house financing offers can build sales and encourage customer loyalty. With financing available, customers may also purchase additional items. Equally important, financing made it convenient for customers to work out at home, on their own schedule.

Payments 150

Payments Merchant Services Customer Banking 150

365 Retail

OCTOBER 6, 2023

Brands like Amazon are already doing this, by recently introducing a second Prime Day for a last-minute boost in revenue. Debit cards remains the primary method of payment for Christmas purchases as 41% will be choosing to do so this way. How are consumers spending their money?

Food and Beverages 116

Food and Beverages Payments Travel Presentation 116

MagentoBrain

MAY 4, 2023

Features and functionality of Magento business intelligence Offers a wide range of features and functionality designed to help e-commerce businesses collect, analyze, and interpret their data effectively. This allows businesses to track sales, inventory, and customer data from their online store.

Magento 52

Magento Payment Services Payments eCommerce 52

Ecommerce Platforms

JULY 21, 2021

You can host and sell unlimited products, create product variations, sell via several sales channels and marketplaces, and access over 100 payment gateways. Both tools automatically track inventory as and when orders are processed. And an extra 2% if you’re not using Shopify Payments. Inventory Management. Pro: $229 per month.

eCommerce Platforms 211

eCommerce Platforms Shopify Payment Services Merchant Services 211

Korona

FEBRUARY 9, 2023

A good customer retention program can generate significant gains in recurring revenue for your company by improving the return on your marketing and sales budget. And for the best development of a customer loyalty program, it is important to study the profile of your current customers.

Improvements 98

Improvements Payment Services POS Payments 98

GetElastic

DECEMBER 1, 2021

By deploying subscription services, it puts brands in an ideal position to drive predictable and sustained revenue, while also generating increased customer loyalty with more affordable buying options. Tracking and collecting payments on a predetermined basis. And storing payment information.

Subscription 148

Subscription Payment Services Payments eCommerce 148

ESW

MAY 17, 2023

Brands in the consumer electronics space that consumerise B2B experiences not only grow business, but also increase customer loyalty, lifetime customer value and overall brand success. Corporate buyers also have payment terms and those payment terms may vary from customer to customer.

B2B 78

B2B Payment Services Consumer Electronics Payments 78

Retail TouchPoints

DECEMBER 2, 2021

If this is successful, the attacker can hold the website for ransom, demanding payment (usually in the form of a cryptocurrency such as Bitcoin) from the site owners. The hacker threatens to maintain the attack until the ransom is paid so that the targeted site will have degraded availability to its customers or be unavailable altogether.

Payment Services 264

Payment Services eCommerce Payments Cryptocurrencies 264

Retail TouchPoints

FEBRUARY 27, 2024

Cyberattacks and network outages can disrupt operations and erode customer loyalty. This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations.

Payment Services 278

Payment Services Retail POS Operations 278

Ecommerce Platforms

DECEMBER 12, 2022

The best Shopify subscription apps help busy entrepreneurs to rapidly process repeat payments from a range of customers. If you sell software, online courses, or anything else which requires consistent weekly, monthly, or annual payments from clients, these apps will keep your cash flow on track. Let’s dive in.

Subscription 118

Subscription Shopify Merchant Services Shipping Costs 118

Retail TouchPoints

AUGUST 11, 2022

Many brands launch gift card programs for all the right reasons: incremental sales, new customer acquisition, brand recognition and to build customer loyalty. All these laws must be considered in your customer service, operations and fulfillment procedures or your program runs the risk of a costly lawsuit or state action.

Gifts 277

Gifts Payment Services Payments Multi-channel 277

ESW

DECEMBER 17, 2018

So far we’ve discussed driving eCommerce revenue by using advanced marketing tactics and investing in user experience. If smart marketing builds qualified leads and UX increases conversions, focusing on user trust can help you earn loyal repeat customers. Take China, the largest eCommerce market in the world. The News You Need.

Payments 84

Payments Payment Services eCommerce Shipping Costs 84

Ecommerce Platforms

AUGUST 1, 2019

The Clover POS system is a bit complicated pricing-wise, as you need to sign up for it through a credit card processor. While some of these processors will publish the price of using Clover on their website, others don't, which means that you might have to call a sales team for a quote. Process refunds and offline payments.

POS 91

POS Payment Services Merchant Services Payments 91

Ecommerce Platforms

MARCH 25, 2022

A point of sale solution makes it quick and simple to take a range of payments through various methods, including chip-and-pin and contactless or mobile payments. Multiple payment options: Being able to accept multiple modes of payment is important for a food truck company. Fantastic range of payment options.

POS 104

POS Payment Services Payments Shopify 104

Ecommerce Platforms

MARCH 14, 2023

Built specifically for a few set industries, the integrated range of business management, marketing, payment acceptance and customer engagement solutions from Evercommerce help businesses in the service environment to increase retention and accelerate growth.

Payment Services 104

Payment Services Payments Beauty and Health Electronics 104

RetailMinded

APRIL 20, 2023

By embracing new technology, digitizing processes, streamlining staff training, and enhancing the customer shopping experience, businesses can improve operational efficiency, foster customer loyalty, and drive revenue growth. Also, it maintains customer interest and showcases new or seasonal products.

Payment Services 52

Payment Services Payments Retail eCommerce 52

Groove

FEBRUARY 11, 2019

We specifically outline abandoned cart strategies in a related blog, but in general, we highly recommend this hack because it is proven to increase conversion and drive revenue. If your eCommerce store has larger margins, you can use discount offers to increase sales and drive additional revenue. Retargeting. Social Integration.

eCommerce 258

eCommerce Payments eCommerce Platforms Recommendation 258

lateshipment

NOVEMBER 8, 2023

Increasing the average order value directly boosts your store’s revenue, increases customer loyalty , and retention and reduces churn rate. How Does Average Order Value Influence Customer retention? We’re seeing customers increase their revenue by an average of 12% through post-purchase promotions.

X-cart 130

X-cart Improvements eCommerce Shipping Costs 130

Retail TouchPoints

NOVEMBER 11, 2021

On the same day, Devora Rogers of market research consultancy Alter Agents shares results from the firm’s new study, including the depths of shopper “promiscuity” as customer loyalty fades and consumers constantly examine new options. New platforms for engagement and revenue. 16 from 12 to 12:30 p.m. 17 from 12 to 12:30 p.m.

Merchant Services 342

Merchant Services Cryptocurrencies Payments Payment Services 342

Ecommerce Platforms

SEPTEMBER 1, 2022

A Point of Sale system, or POS, is the solution you use to process payments, manage business functionality, and even track insights in a brick-and-mortar environment. Payment processing: Ensure your point of sale is ready to take payments in a range of different formats, from contactless Apple Pay and Google Pay, to PayPal.

POS 197

POS Payment Services lightspeed Payments 197

ESW

MARCH 4, 2019

His company has been accepting Bitcoin as a payment method for a half decade. Mark Brinkerhoff at CyberMiles notes that payment processor BitPay takes just 1 percent per crypto transactions. Mark Brinkerhoff at CyberMiles notes that payment processor BitPay takes just 1 percent per crypto transactions.

Cryptocurrencies 113

Cryptocurrencies Payment Services Payments eCommerce 113

Ecommerce Platforms

NOVEMBER 27, 2019

Both of these tools are market leaders in the payment industry, with features that have transformed the way that we pay for the things that we need. What's more, both Stripe and Square are on the cutting edge of payment technology, giving businesses access to more efficient and reliable ways of accepting and managing their transactions.

Payment Services 104

Payment Services Merchant Services Payments POS 104

GetElastic

DECEMBER 9, 2020

This makes it more important than ever for both B2B and B2C businesses to invest in digital commerce and diversify their go-to-market strategies. Is your business set up to take advantage of these trends? Diversified Revenue Sources. Selling strictly analog products is no longer enough. Expanded Digital Go-To-Market Approaches.

Payment Services 113

Payment Services Payments B2B B2C 113

Retail TouchPoints

AUGUST 15, 2022

Organizations that can successfully assess identity trust in online interactions will improve the customer experience, enhance their brand reputation, build customer loyalty and extend customer lifetime value. Digital Trust and Safety. Where to Begin.

Merchant Services 264

Merchant Services Payment Services Payments Financial Services 264

lateshipment

AUGUST 17, 2023

Unmanaged returns are a cost center for e-commerce businesses Customers opt for refunds due to the complicated exchange process, leading to losing a sale. Customers often do not purchase again after receiving refunds to their original payment method, resulting in a lost sale and extra shipping costs 4.

Management 130

Management eCommerce Payment Services Merchant Services 130

Korona

AUGUST 17, 2022

Business insurance cost. Payment processing. Opening a retail store will always have some risk elements, including unexpected events that disrupt your business, delays in your supply chain, cyberattacks that target your card payment systems, defective products, and employee issues. Permits, licenses, and insurance.

Shipping Costs 52

Shipping Costs Payment Services Payments Small Business Retail 52

ESW

NOVEMBER 14, 2023

Customers will often make a purchase once they feel like they’re getting a good deal that has a limited duration. Even with a significant discount, flash sales can increase sales volume and revenue through the volume of items sold. Include those with similar interests to your most loyal customers.

Payment Services 88

Payment Services Payments Events Social Media 88

Korona

MARCH 7, 2023

And since reporting on gift card transactions is so straightforward, retailers have the data they need at their fingertips to understand their customers and make smart decisions about their business. Plus, when customers use gift cards rather than cash or credit cards, it’s often cheaper for merchants to process fees.

POS 52

POS Gifts Payment Services Merchant Services 52