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[Guest Blog] Top Finance Tips for High-Volume E-Commerce Businesses

ChannelAdvisor

While reaching new customers is always important, too often e-commerce businesses overlook the value of what they already have — their existing customers. . Historically, acquiring a new customer can be anywhere from five to 25 times more expensive than retaining an existing one. Foster communities online.

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[Guest Blog] Top Finance Tips for High-Volume E-Commerce Businesses

ChannelAdvisor

While reaching new customers is always important, too often e-commerce businesses overlook the value of what they already have — their existing customers. . Historically, acquiring a new customer can be anywhere from five to 25 times more expensive than retaining an existing one. Foster communities online.

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Top Ecommerce Niches of 2019

ecomdash

Here’s our guide to the top ecommerce niches of 2019, including a bunch of tips to help you find the best niche for your ecommerce business. One of biggest mistakes ecommerce businesses make is selling an excessive number of products. Studies show that a 5% increase in customer retention leads to a 95% increase in profits.

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12 critical KPIs for multichannel ecommerce

GetElastic

Because we’re now living in an ecommerce world where multichannel is mainstream. You have a general sense that multichannel is working well for your ecommerce brand. Here’s a guide to keep them all straight: Multichannel: bringing marketing, sales and fulfillment together. This is where metrics come in.

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7 Post-Purchase Actions You Need to Take to Build Customer Loyalty

SellBrite

Savvy business owners know that customer retention is worth its weight in gold. The numbers say it all: it costs five times more to bring in a new customer than it does to maintain a current one and the odds of making a sale to a current customer are 60-70 percent compared to only a 5-20 percent chance of selling to a new lead.

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How To Sell On Pinterest: A Step-by-Step Guide For Retail Business Owners

Korona

Whether you’re just starting out or looking to take your e-commerce business to the next level, we’ve got you covered. This will help build a relationship with your customers and increase brand loyalty. This helps retailers build strong customer relationships, improving customer retention and lifetime value.

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Retailer Lessons from iGaming Companies

Retail TouchPoints

An iGaming company communicates with 1,147 consumer segments, nearly three times (401) the amount for retailers and other companies, according to Optimove research.

Retail 311