Remove Customer Retention Remove Industry Remove Multi-channel Remove Recommendation
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Seen and Heard at #NRF2024: 5 Trends from the Big Show

Retail TouchPoints

And after three years of pandemic aftershocks, industry experts confirmed what everyone in attendance felt (especially in their aching feet): the Big Show is officially back. It was the growth of what we first called multi-channel, which then became omnichannel, and then we saw the growth of the brands born on the internet.”

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How to get repeat customers: Proven strategies for success

Omnisend

Reading Time: 8 minutes A common misconception about repeat customers is that they only respond to crazy discounts. While providing discounts is an effective strategy to encourage returning customers, it’s neither the only nor the best way. Returning customers also benefit your reputation, strengthening your market position.

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The Case for Extreme Personalization

GetElastic

Extreme personalization, sometimes referred to as marketing to a customer segment of one, is the holy grail of the multi-channel world. Extreme personalization comes down to one simple reality: customers expect your company to know who they are — no matter what method or touchpoint they are using.

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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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Retailer Lessons from iGaming Companies

Retail TouchPoints

According to a survey of 514 US consumers, 32% of consumers say if a brand offers recommendations based on previous shopping or browsing, it increases the chance they will buy more. Pini Yakuel is the Co-founder and CEO of Optimove , a customer-led marketing platform.

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Ecommerce Glossary

AcquireConvert

Cross-selling : a sales strategy whereby related items are recommended to customers based on the initial item they are buying — to increase the overall value of the order. Amazon uses the “frequently bought together” system of recommendation. The industry standard for analytics. Sometimes called “user experience” (UX).

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Checkout Optimization: A Guide For eCommerce Retailers

Korona

Optimizing your checkout means a better user experience, which, in turn, increases conversion rates and customer retention. Another way to increase your cart size and bottom line is to recommend products that are similar to or complement items in a customer’s cart. Part of this involves checkout optimization. .