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4 Critical Tips for Digital Transformation in the Fashion Industry (2020)

Retalon

The bankruptcy of notable fashion retailers like Neiman Marcus , J.Crew , and Pier 1 were an inevitability (sped up by the circumstances of the pandemic), because these giants were not adapting fast enough to the digital age. The report sums up this process by recommending that retailers follow 3 core principles.

Fashion 41
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Achieve high growth by keeping customers coming back to your eCommerce website

Kissmetrics

However, according to the Adobe Digital Index Report , returning customers make up 40% of revenues whilst representing only 8% of visitors. This tells us there’s a huge opportunity to increase customer retention rates further to support revenue growth. Why would a customer come back? It’s a worthy investment.

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Top Customer-Driven B2B eCommerce Trends

GetElastic

Customer Loyalty Programs: Almost all B2B marketers strive to find a balance between acquiring new customers and retaining existing customers. However, data shows that: 33% of marketers plan to increase spending on customer acquisition, versus only 18% on customer retention.

B2B 146
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Grade your business with Omnisend Benchmarks and Health Check

Omnisend

We have introduced Health Check and Benchmark reports, to help you measure the performance of your ecommerce store against your direct competitors. Both reports are available directly on the Omnisend platform, and grade your performance to your industry peers automatically. Actionable reports. The answer remains foggy.

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Why Do You Need Business Intelligence for Your Retail Business?

RETAIL MANAGEMENT SOFTWARE

A robust retail analytics tool predicts customer trends, which helps brands create a commercially viable product catalog and maintain inventory and sizing. Reports can tell you which products in the catalog are trending and which merchandisers and channel operators can select and optimize. Increase Customer Retention Rate.

Retail 85
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The Top Footwear Ecommerce Trends That Will Dominate the Industry

Omnisend

Fashion ecommerce is an ever-expanding industry that is not only susceptible to change, but embraces it proudly. In fact, marketers can learn a lot from the revolutionary fashion ecommerce trends driving a booming $2.5 Omnichannel Fashion Ecommerce. Reading Time: 4 minutes. trillion industry.

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Clear vision – omnichannel retailing for optical brands

iVend

Optical retail straddles two worlds – optical retail stores are part medical practice, with prescription lenses, and part fashion retailer, selling designer frames and sunglasses. According to the Association for Customer Loyalty, one of most effective tools for branding is omnichannel retailing.