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

Korona

It is much more cost-effective to focus on retention and lifetime value than to try to get new customers to make a purchase. It is five times more expensive to attract a new customer than to retain an existing one. However, by increasing customer retention by 5% , profits can increase by 25-95%.

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4 of the Best Examples of Customer Analytics Software

Omnisend

Today, customer analytics comes in the form of software, which ecommerce retailers and marketers can use to automatically capture customer data in real-time. A well-stocked and healthy subscriber list is one of the most valuable assets you will have as an ecommerce retailer.

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5 Tips for Improving Your Omnichannel Customer Experience

Kibo

Pioneering brands and retailers view the shifting landscape as an opportunity to break ahead of the pack and reap the rewards. According to Forrester, online retail sales accounted for almost 9% of the $3.2 trillion total retail market in 2013 and are expected to grow at a compound annual rate of nearly 10% through 2018.

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What is Shopify & How Does Shopify Work?

Ecommerce Platforms

The Shopify app store is a gripping hub full of developers who create and update tools to help sellers boost productivity and enhance the customers' level of engagement. There are tons of categories to choose from such as; Customer retention. Customer support. Upselling & Cross-selling. In-house fulfillment.

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How To Start an Ecommerce Business in 2020 – 6 Step Guide

Ecommerce Platforms

Launching an online retail business requires you to bind all steps and priorities into a single yet intently drafted blueprint. But this might set you thinking– what kind of digital products can I sell online? Well, the most popular digital products include: eBooks. Online courses. Photography. Case studies.