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Revolutionizing Customer Retention: The Rise of Digital Top-Up Cards in the Global Market

Retail TouchPoints

The same survey showed that in an era of rising inflation and interest rates, consumers are re-evaluating how they pay – and that secure and frictionless experiences are essential elements. Customers can easily add funds specifically for use with that brand, building a stronger connection. Consumers value the convenience these offer.

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11 Proven Hacks to Keep Your Customers Buying More

Kissmetrics

It costs 5X less to retain a customer than it does to acquire a new one. That’s why customer retention is crucial to growing your Ecommerce business. What is customer retention? Customer retention is the ability to encourage customers to keep coming back to make purchases.

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The Limited Role of AI in Ecommerce

Retail TouchPoints

While AI presents vast possibilities to enrich this journey, it also ushers in significant challenges that could negatively impact customer retention and a brand’s bottom line. And this is where AI is poised to be a game changer. It’s the difference between a one-time customer and a lifelong advocate.

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The Future of Retail and AI

Retail TouchPoints

After the initial rush to stock up on essential goods in the early months of the pandemic, traditional brick-and-mortar operations experienced decreased foot traffic in-store as consumers turned to grocery delivery services and ecommerce to secure items they needed from the safety of their homes.

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7 Biggest Traps That Ecommerce Platforms Don’t Tell Retailers

Retail TouchPoints

Trust Factors: Gain confidence and trust by providing security and satisfaction guarantees while your customer is checking out. Security: Last but not least, opt for a platform that offers a state-of-the-art security solution. Not Prioritizing SEO. This pretty much makes or breaks your entire ecommerce project.

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11 Key Retention Metrics You Need to Know

Smile.io

It’s estimated that 61% of consumers say they will switch to a competitor after one bad customer experience. This means you need to bring your A-game to every transaction. The Ultimate Guide to Customer Retention in 2023 This guide to customer retention has everything you need to know.

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Using Promotions to Promote Your Business

365 Retail

Customers also want quick and uncomplicated sign-up methods, along with easy and secure payment systems. The goods or services that your business provides are why customers visit your site, so they don’t want to spend any longer than is necessary on things that slow this down.