Omnisend
JANUARY 8, 2024
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.
iVend
MARCH 14, 2023
A recent study of what shoppers want from the instore experience + concluded that ‘expectations of the face-to-face experience have been raised over several years in which customers have been pushed further online’. Mobile POS allows store associates to get alongside customers as they are making their buying decisions.
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Korona
NOVEMBER 10, 2022
It is much more cost-effective to focus on retention and lifetime value than to try to get new customers to make a purchase. It is five times more expensive to attract a new customer than to retain an existing one. However, by increasing customer retention by 5% , profits can increase by 25-95%.
Korona
FEBRUARY 9, 2023
If a retailer does not provide this guarantee, consumers become suspicious and avoid purchasing the product. Implement Loyalty Programs Retaining an existing customer costs up to five times less than gaining a new one. Use a modern point of sale system that you can easily power up when business gets too busy.
Korona
SEPTEMBER 7, 2022
For a company to be successful, it must ensure that it is customer-centric , which means that it understands the needs of its current customer base and is working to reach a new one. Satisfied customers can generate profits through customer retention and referrals and lower customer acquisition costs.
Ecommerce Platforms
OCTOBER 5, 2018
This W3bstore review assesses not only its omnichannel capabilities but also other it’s ecommerce features that would be critical to online stores. It does not access it’s POS (point of sale) or multi-store back office. Omnichannel customers have 30% greater lifetime value than other types of shoppers. Retail POS.
Ecommerce Platforms
NOVEMBER 27, 2018
At the time of writing, they claim to power over 600,000 online retailers, with more being added every day. online store website. point of sale. As you can see, Shopify is cheaper to get started with, provided that you don't actually need a separate new website to serve as your online store. 2.9% + 30c.
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