Remove Customer Retention Remove Data Remove Shipping Remove Small Business Retail
article thumbnail

Ecommerce Development for Small Businesses: How to Get Started

MagentoBrain

Ecommerce development has become a popular way for small businesses to reach customers and increase sales potential. With the rise of technology and online shopping, ecommerce development provides small businesses with the ability to expand their reach, reduce costs, and offer greater flexibility to customers.

article thumbnail

The Real Impact of Late Deliveries & How to Handle Them

lateshipment

You would surely not order from the same business again. You would most certainly not accept an excuse like “We outsource our shipping needs to FedEx, UPS, or DHL, so please check with the shipping carrier.” Now put your customer in the same situation. They lead to customer churn. They lead to poor online reviews.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Choosing the Right eCommerce KPIs: A Guide for Sellers

Algopix

In the fast-paced world of eCommerce, success is often determined by the ability to adapt, optimize, and make data-driven decisions. Key Performance Indicators (KPIs) play a crucial role in this process, helping sellers gain valuable insights into their online businesses. A high retention rate is a sign of a loyal customer base.

article thumbnail

Holiday Season 2020 Will be Different. Here’s How

lateshipment

A question that is largely on the minds of retailers and consumers alike. With COVID-19 still at large, consumers will be making difficult shopping choices and retailers will be scratching their heads for a strategy that will bring them a great sale. What do retailers have in store for them? Retail’s new normal.

article thumbnail

RSP21 Reveals Top Growth Drivers for the Post-COVID Era

Retail TouchPoints

The 2021 Retail Strategy & Planning webinar series, now available on demand, brought together retailers, solution providers, practitioners and industry experts from firms including IDC, Alvarez & Marsal, WSL Strategic Retail and Cambridge Retail Advisors. She wore it and the retailer got blasted with traffic.

Payments 235
article thumbnail

Top Ecommerce Niches of 2019

ecomdash

One of biggest mistakes ecommerce businesses make is selling an excessive number of products. Doing so can cost a ton of money in inventory, storage, resources, and marketing, especially for small businesses and ecommerce startups. Studies show that a 5% increase in customer retention leads to a 95% increase in profits.

article thumbnail

How to Recession-Proof Your Online Retail Business Without Raising Prices

Korona

It is, therefore, essential that business owners and leaders prepare their organizations to survive (and hopefully even thrive) in the next recession, whenever it comes. Below are some concrete ideas for protecting your retail business from the recession without raising prices. Table of Contents. Boost your income streams.