Retail TouchPoints

AUGUST 30, 2023

In today’s challenging business landscape, where profit margins are shrinking, supply chains are slow and uncertain, labor shortages are prevalent and inflation is a concern, it is crucial for retailers and brands to differentiate between understanding customer habits and fostering customer loyalty in order to succeed.

Shipping Costs 239

Shipping Costs Improvements Live Chat Retail 239

Retail TouchPoints

OCTOBER 29, 2021

Even with the gradual removal of restrictions, retail outlets had to operate with minimal personnel, making it difficult for customers to receive the type of customer service they were accustomed to experiencing. A study by Retail Dive showed that 62% of customers prefer physical stores because they can feel, touch and see the product.

Customer Loyalty 225

Customer Loyalty Recommendation Supplies POS 225

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.

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Improvements Payment Services POS Payments 98

Retail TouchPoints

SEPTEMBER 11, 2023

In fact, according to a Forrester Consulting study sponsored by Shopify, 40% of brands say offering experiential retail will be a top priority for them in the next year. As the name implies, experiential retail initiatives aim to turn a transaction into an experience for the customer. Why is experiential retail having a moment?

Technology 254

Technology Point of Sale Customer Experience Customer Loyalty 254

Korona

AUGUST 12, 2022

If you work in any capacity of the retail industry then you must have heard at least some knowledge of customer loyalty programs. Over the last couple decades, customer management and rewards programs have blossomed and proliferated alongside more bigger developments in the digital world. . KORONA POS INTEGRATION.

Customer Loyalty 52

Customer Loyalty POS Customer Retention Point of Sale 52

Korona

SEPTEMBER 29, 2022

KORONA POS comes with built-in inventory analysis. See what your customers are actually buying and what products are lagging behind with ABC analysis. KORONA POS gives you the opportunity to analyze sales trends by season, by store (if you have multiple locations), by profitability, and countless other retail KPIs.

Payment Services 52

Payment Services POS Point of Sale Food and Beverages 52

RTP blog

MARCH 5, 2018

By Rick Gretsch, Accelerated Concepts, a Digi International company In our recent study “The Cost of Downtime: Beyond the Bottom Line,” 72% of midsized retailers lose sales during network downtime. The study also finds downtime severely impacts customer loyalty, employee productivity and overall business operations.

Technology 150

Technology Retail Operations POS 150

Korona

MARCH 16, 2023

Table of contents Fair pricing strategy Impeccable customer experience Cleanliness Product placement Loyalty program Improve digital presence Local advertising Leverage thrift store POS System Fair Pricing Strategy for Your Thrift Store One of the most important aspects of running a successful thrift store is to have a fair pricing strategy.

POS 52

POS Social Media Gifts Accessories 52

iVend

DECEMBER 13, 2022

Statista tells us that 88% + of shoppers use vouchers and discount codes, and 68% of shoppers say that promotions increase their loyalty §§. In fact promotions literally have a ‘feel-good factor’, with a study showing that recipients of a voucher had a 38% ++ increase in their oxytocin levels!

Gifts 85

Gifts Retail Technology Social Media 85

Korona

AUGUST 17, 2022

A great tip for saving on rent is to look to open your store outside of major cities and carefully study your market. According to a Payscale study , an entry-level retail store manager with less than one year of experience can earn an average total compensation (including tips, bonuses, and overtime pay) of $42,270. per hour. .

Shipping Costs 52

Shipping Costs Payment Services Payments Small Business Retail 52

RTP blog

JANUARY 26, 2018

Business Insider did a one-week study of the problem and reported that “While Starbucks promises mobile orders will be ready within three to five minutes of placing an order, the chain fulfilled this promise in just one out of five visits.” Getting customer feedback on your loyalty program is vital.

Customer Experience 150

Customer Experience Customer Mobile Article 150

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.

Merchant Services 317

Merchant Services Cryptocurrencies Payments Payment Services 317

iVend

JULY 8, 2022

Customer experience in retail is at the heart of what keeps customers coming back.Forbes reports on a study in which 90% of consumers said they are more likely to return to a retail store if they have had a positive experience. Next steps The real smarts for customer facing displays are in the retail POS system that drives it.

Customer Experience 52

Customer Experience Customer POS Customer Retention 52

Korona

MAY 21, 2021

And they can integrate with your liquor store POS system , too. According to one in-depth study of liquor store operations, a well-run shop should net between 15% and 20%. Loyalty clubs are a proven way to grow your sales and increase average customer spend. What is your timeframe for getting a new POS solution?

Shipping Costs 52

Shipping Costs POS Operations Consumer 52

RetailMinded

FEBRUARY 20, 2023

Optimize Your Point-of-Sale Display and Retail Space It should be quick and easy for your customers to find your POS for checkout. Your POS system should accommodate all major payment methods, including digital wallets, mobile pay, buy-now-pay-later, and more.

Small Business Retail 52

Small Business Retail Social Media Marketing Retail 52

Kibo

MAY 20, 2014

And be sure to check out our white papers and case studies to find out how Kibo can help your business compete and win in today’s competitive retail landscape. To learn more about Perfect Sync, download this Snapshot. This year, eMarketer predicts eCommerce revenue will reach $794.50

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White Paper B2B Shipping Costs B2C 62

Prisync

FEBRUARY 6, 2018

Provide an awesome shopping experience that makes it super simple for your customers to get what they want. According to a Customer Experience and Impact study , customers say they will be loyal to a business that gives them the customer experience they want.

eCommerce 41

eCommerce Customer Loyalty Mobile Blog 41

Korona

NOVEMBER 10, 2022

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%. Below are some strategies to withstand the recession without raising prices by strengthening customer loyalty. KORONA POS can help you in this regard. .

Shipping Costs 52

Shipping Costs Online Retail Payment Services Merchant Services 52

Email Audience

JUNE 30, 2021

If you have testimonials for your products, see them as case studies. Back to the customer data piece again. If you gather purchase data with your POS system at your brick-and mortar or email check-out data, you’ll know more about your b-day target’s habits. Take the time to study others.

Customer 52

Customer Retail Shipping Costs Events 52

iQmetrix

JANUARY 29, 2018

A wireless retailer's store environment can have a profound affect on how customers perceive a brand and their likelihood to make a purchase—and visual merchandising plays a big part in creating the right atmosphere to drive sales and gain customer loyalty. Direct the flow counter-clockwise. Sign up for early access.

Payment Services 24

Payment Services Customer Loyalty POS Accessories 24

Teamwork Retail

JULY 8, 2020

Evolving the customer experience centers on clear visibility around current data visibility across customer behavior and inefficiency in the operating process. This functionality enables simplified workforce allocation, inventory management and enhancing customer loyalty through the removal of friction.

Payment Services 48

Payment Services Customer eCommerce Multi-channel 48

Ecommerce Platforms

JULY 5, 2019

It's quite clear that running a busy food service or retail business without a flexible POS system can be a nerve-cracking experience. To conclude whether Bindo's POS meets the watertight threshold. After all, there are so many POS systems in the market striving so hard to attain any business objectives you may have. Mobile POS.

POS 91

POS Payment Services Merchant Services Payments 91

iVend

JANUARY 20, 2021

Cloud-Based POS The hottest trend in POS technology currently is the cloud-based POS. Cloud-based POS systems process and store transaction data online while an on-premise POS system stores data locally on the retailers store server. Cloud POS Market size exceeded USD 1.5

Technology 98

Technology Small Business Retail Payment Services POS 98

Ecommerce Platforms

JUNE 16, 2023

Shopify POS Pricing: Free to $40 per month If you own a physical store, or you'd like to sell product while on the move, the Shopify POS app provides a beautiful mobile app and a free card reader. It sends email receipts, accepts payments and tracks everything from orders to customers.

Shopify 211

Shopify Shipping Costs Merchant Services Shipping 211

iVend

JULY 15, 2022

The correlation between employee wellbeing, productivity and profitability is also very well established, with a wealth of studies showing that happy employees contribute to a stronger bottom line.

Technology 89

Technology Payment Services Retail Payments 89

Korona

AUGUST 23, 2022

Recurring subscriptions allow you to understand your customers’ behavior better. This, in turn, allows you to improve the customer experience continuously and, as a result, build customer loyalty. Focus on sustainable practices in your business and share them with your customers. . PC based POS terminals.

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Subscription Payment Services Shipping Costs Payments 52

Creating a Website Today

FEBRUARY 24, 2018

Reward repeat purchases, customer loyalty, and referrals. This app also helps you gain customer insights. Automated series capture customers at every point of the purchase. Some Shopify Plus Customers You Might Know And Case Studies. Shore Projects Case Study With Shopify Plus. Google Case Study.

Shopify 36

Shopify Merchant Services Magento Multi-channel 36

Korona

JANUARY 5, 2022

Here are some questions you can ask yourself to establish your study market better: . On average, how many times do customers visit a car wash per week? Invest in a POS system. Here is how it can help your business: Customer loyalty programs for a car wash business. That’s where loyalty clubs come in.

Point of Sale 52

Point of Sale POS Operations Small Business Retail 52

iVend

APRIL 12, 2022

When it comes to profitability, the gains are even more compelling: Bain & Co’s research shows that a 5% increase in customer retention can ramp up profits by anything from 25% to a massive 95%. So why is understanding and increasing customer lifetime value so important, and how can retail stores achieve it?

Payment Services 96

Payment Services Customer Retail Payments 96

Korona

MARCH 2, 2022

Run your thrift store business with the right POS system. The cleanliness of your store is one of the key factors that come into play for customer retention. Even more, the same study found that 95% of shoppers said exterior appearance influenced where they decided to shop – a huge factor for the retail industry in particular. .

POS 52

POS Merchant Services Retail Clothing 52

Fabric

MAY 31, 2023

Promotions engines are essential for creating, tracking, and delivering promotions to customers. According to the 2020 Shopper Story study by Criteo, 93% of US shoppers cite discounts and promotions as driving factors when deciding which retailers or brands to patronize.

Shipping Costs 130

Shipping Costs X-cart eCommerce Payment Services 130

Fabric

MAY 31, 2023

Promotions engines are essential for creating, tracking, and delivering promotions to customers. According to the 2020 Shopper Story study by Criteo, 93% of US shoppers cite discounts and promotions as driving factors when deciding which retailers or brands to patronize.

Shipping Costs 130

Shipping Costs X-cart eCommerce Payment Services 130

Fabric

MAY 31, 2023

Promotions engines are essential for creating, tracking, and delivering promotions to customers. According to the 2020 Shopper Story study by Criteo, 93% of US shoppers cite discounts and promotions as driving factors when deciding which retailers or brands to patronize.

Shipping Costs 130

Shipping Costs X-cart eCommerce Payment Services 130

Kibo

OCTOBER 5, 2021

Retail brands aspire to achieve individualization because it significantly boosts revenue, increases customer loyalty, and improves the overall experience for customers. In one recent study of 1000 consumers, 80% indicated they want personalization from retailers. Marketer-Friendly .

eCommerce 62

eCommerce B2C B2B Omnichannel 62

Retalon

NOVEMBER 2, 2021

A study of Toronto’s climate change impacts, by the International Journal of Environmental Research and Public Health, predicts that more intense ice storms, heatwaves, and urban flooding could disrupt the power lines and roadways, compromising future supply chain operations. Sustainable supply chains are key to success in retail and CPG.

Supplies 41

Supplies Shipping Costs Operations Management 41

Korona

AUGUST 11, 2022

According to studies, the two groups that are willing to spend are sustainable shoppers spending 22% more than average, and parents who are concerned about their children’s mental well-being, spending 8% more than average. Many students will be starting their university studies far from their hometowns. PC based POS terminals.

Social Media 52

Social Media Payment Services Retail POS 52