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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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Top Ecommerce Niches of 2019

ecomdash

Merchants can focus on building more personalized content and customer experiences for their target customers which leads to stronger brand loyalty. Studies show that a 5% increase in customer retention leads to a 95% increase in profits. Trying to manage 100s of SKUs for 15 different categories isn’t reasonable for SMBs.

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What is Shopify & How Does Shopify Work?

Ecommerce Platforms

So, whether you’re looking to manage a small e-shop or a large enterprise, Shopify is the right platform to realize your online business's objectives. This Saas solution gives users extensive freedom to manage a store from any location. Automate the store management process. Inventory management. Customer support.

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Firepush Review – Omnichannel Re-Marketing App for Shopify Stores

Ecommerce Platforms

Each channel possibly had its own distinct campaign, complete with independent variables and different sets of customers. Now that’s what you call a multichannel marketing strategy. This approach goes over and above multichannel marketing to unite and streamline all the channels. Subscriber Management.

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An Beginner’s Guide To Creating A Customer Loyalty Program In 2020

Ecommerce Platforms

Setting up an entrancing loyalty program is one engaging step a retailer can use to reach out to their most loyal customers in a gratifying manner. . Superficially, boosting your sales roughly equates to widening the customer base. A solid customer relationship management (CRM) gameplan is just part of what this objective requires.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [March 2021]

ROI Revolution

Nearly 60% of millennials are watching more TV on subscription services due to COVID-19 ( GlobalWebIndex ). As a result of the COVID-19 pandemic, 57% of purchasing managers are spending more on marketplace ecommerce sites, with 22% spending significantly more. February 16 update. New COVID-19 data + stats. Statista ). eMarketer ).

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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Nearly 60% of millennials are watching more TV on subscription services due to COVID-19 ( GlobalWebIndex ). As a result of the COVID-19 pandemic, 57% of purchasing managers are spending more on marketplace ecommerce sites, with 22% spending significantly more. February 16 update. New COVID-19 data + stats. Statista ). eMarketer ).

eCommerce 197