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Top 10 Customer Loyalty Programs of 2023

Smile.io

Loyalty programs are essential for customer retention and a necessary foundation for building customer loyalty in ecommerce. Whether it’s a points program, a simple referral program, or a multi-tiered VIP program, a loyalty program aims to turn one-time customers into repeat customers and build a loyal following.

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The State of Ecommerce Customer Loyalty in 2023

Smile.io

Clothing and Jewelry remains the top category in 2023, while Home Goods saw the most significant increase of 20.9% Customer Lifetime Value 💡 Customer Lifetime Value is the average total value of all orders placed at a store with a Smile.io reward discount code over a customer’s lifetime. YoY increase.

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Smile Rewards’ Year in Review: 100,000 Loyalty Programs and Counting

Smile.io

Now, over 100,000 business owners and entrepreneurs trust us with their loyalty programs as a key part of their customer retention strategy. The Wild West days of 2015-ish when drop-shipping brands could buy ads and then make money on the first sale are long gone. When we started Smile.io So what’s changed?

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Building Profitable Pricing Strategies on Leading Marketplaces

Smile.io

Consider the cost of goods, shipping, packaging, advertising, and any fees associated with the marketplace. Fluctuations in production costs, shipping fees, and other expenses will affect future profitability. 🛍️ Example: Let's say you're selling handmade jewelry on Shopify.

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Top Ecommerce Niches of 2019

ecomdash

Unless you drop ship products, storing 100s of SKUs in a warehouse isn’t economical, especially with storage fees on the rise. Merchants can focus on building more personalized content and customer experiences for their target customers which leads to stronger brand loyalty. Choose items that are easy to ship and not fragile.

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12 Sustainable Small Businesses to Support Without the Guilt

Smile.io

Top 10 Examples of Social Responsibility as a Customer Retention Tool Could social responsibility actually make a business more profitable? We’re looking at the top 10 examples of CSR used as a customer retention tool. A screenshot from Ocean & Co’s jewelry product page. Blog Beth Foster 7.

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Top Shopify Stores You Need to Follow for Inspiration

MagentoBrain

Customer Service - We analyzed stores that provide exceptional customer service and support, which is crucial for customer retention and loyalty. Product Quality - We considered stores that offer high-quality products that meet customer expectations, which helps build trust and credibility.

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