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The Case for Extreme Personalization

GetElastic

What’s bad for customers is bad internally too. The silos mean that sales, billing and fulfillment staff can’t readily access a clear, unified picture of each individual customer. Many of these use-case scenarios come from our experience working with customers to help them in their quest for extreme personalization.

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What is Shopify & How Does Shopify Work?

Ecommerce Platforms

Selling With Shopify's POS System. The Shopify POS centrally syncs both your in-store and online sales. For all it's worth, the Shopify POS allows you to: Accept partial payments, sell gift cards, split payments, accept credit and debit cards using external card terminals. Customer support. Upselling & Cross-selling.

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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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33 Important eCommerce Acronyms Every Retailer Should Know

Demac Media

Customer Lifetime Value is a prediction of the net profit attributed to the entire future relationship with a customer. Related : How to Calculate Customer Lifetime Value: eBook. For example,retailers consider a POS to be the area where a customer completes a transaction.