Retail TouchPoints

SEPTEMBER 29, 2021

While subscriptions have been an option for consumers in a number of retail environments — from apparel and pet supplies to media consumption — the COVID-19 pandemic accelerated the adoption of subscriptions in a variety of industries that turned to payment technology to adapt their business. The Subscription Economy is Here to Stay.

Subscription 288

Subscription Payment Services Payments Automotive 288

GetElastic

DECEMBER 1, 2021

Prior to the emergence of the COVID-19 pandemic, we saw a shift in customer buying habits, as more and more shoppers were in search for convenience and preferred to complete their purchases online. So it’s no surprise that after the COVID-19 stay-at-home measures were implemented, the demand for online subscription services spiked.

Subscription 148

Subscription Payment Services Payments eCommerce 148

FastSpring

JANUARY 25, 2019

Want to learn more about the 5 ecommerce payments trends shaping 2019? Give your customers the flexibility to complete their purchase from any device, regardless of where they initially started the checkout process from. A push for smarter payment processing. Keep reading to find out more. billion , a 19.3%

Payment Services 61

Payment Services Merchant Services Payments eCommerce 61

Retail TouchPoints

JULY 14, 2021

To measure this performance, the website must have high conversion rates, low bounce rates and an easy checkout process, rather than a wide range of colors and innovative buttons that bring the focus to homepage attractiveness only. . In the long term, it can turn out to be an extremely costly and time-consuming process.

eCommerce Platforms 253

eCommerce Platforms Payment Services eCommerce Small Business Retail 253

Ecommerce Platforms

MARCH 14, 2023

Designed to be the leading service commerce platform, Evercommerce promises business leaders a vertically tailored set of integrated SaaS solutions supporting more than 500,000 global businesses worldwide. Evercommerce is particularly focused on the support and enhancement of service-based companies.

Payment Services 104

Payment Services Payments Beauty and Health Electronics 104

FastSpring

JULY 16, 2019

You’re constantly racing against the clock to get your product off the ground and generating revenue as quickly as possible. Since SaaS-friendly billing, also known as recurring billing , is designed specifically for companies who sell online services with a subscription model, it offers many advantages over a typical payment system.

Payments 67

Payments Payment Services Subscription Customer Loyalty 67

FastSpring

SEPTEMBER 24, 2020

Revenue vs. profit vs. income: The terms may seem synonymous and are sometimes even used interchangeably, but they tell different stories about a company. Revenue growth suggests an expanding business and in-demand product, but whether there is any financial gain for the business is determined by the income.

Payments 88

Payments Payment Services Subscription Reference 88

Retail TouchPoints

SEPTEMBER 21, 2021

The 15 sessions covered a wide range of topics, so to make it easier to browse we’ve organized the sessions into four categories: Holiday 2021 forecasts and how best to prepare for 2022; Building loyalty with connected consumer experiences; Key ecommerce and digital marketing trends; and Embedding innovation within your retail organization.

Payments 236

Payments Payment Services Customer Experience Social Media 236

Retail TouchPoints

JUNE 23, 2022

Give Back-to-School Shoppers Alternative Payment Options. Regardless of your customers’ age demographic, it’s a smart idea to offer digital wallet payment options at checkout. This alternative form of payment was popular with all age groups in the survey, although the reasons for its popularity seem to vary by generation.

Payment Services 283

Payment Services eCommerce Payments Retail 283

Kissmetrics

JULY 21, 2021

This can save you much time and money as you focus on making your business more profitable. A franchise business model can also help you scale rapidly because you inherit the operation processes and framework from the licensing company. What Is a Franchise Business? Painting Franchise Business.

Payment Services 294

Payment Services Food and Beverages Payments Shipping Costs 294

Retail TouchPoints

MAY 28, 2021

Thoughts of poor customer service probably ring a bell in your own mind, and these opinions are hard to change — but there is hope. Customer service is changing rapidly to meet consumer behavior, providing smoother, more integrated experiences than ever before. 3 Data-Backed Reasons why Customer Service is Essential.

Payment Services 164

Payment Services Games Live Chat Customer 164

Ecommerce Platforms

DECEMBER 12, 2022

The best Shopify subscription apps help busy entrepreneurs to rapidly process repeat payments from a range of customers. If you sell software, online courses, or anything else which requires consistent weekly, monthly, or annual payments from clients, these apps will keep your cash flow on track. Let’s dive in.

Subscription 118

Subscription Shopify Merchant Services Shipping Costs 118

Groove

OCTOBER 7, 2022

The added value for customers is that they receive items expert-level curation services of products at a price lower than can be found elsewhere. The goal of merchants with existing subscription programs is to increase the CLV (Customer Lifetime Value) for as many subscribers as possible to maximize revenue.

Subscription 195

Subscription Shopify Merchant Services Payment Services 195

Retail TouchPoints

JUNE 29, 2021

Namely, the conversations focus on how traditional brick-and-mortar stores can incorporate AI into their operations as more and more fully autonomous stores pop up around the world. As a result, retailers had to move quickly to implement social distancing mandates in stores to make their customers feel as safe as possible while shopping.

Payment Services 229

Payment Services Retail Customer Retention Payments 229

RetailMinded

APRIL 20, 2023

By embracing new technology, digitizing processes, streamlining staff training, and enhancing the customer shopping experience, businesses can improve operational efficiency, foster customer loyalty, and drive revenue growth. Also, it maintains customer interest and showcases new or seasonal products.

Payment Services 52

Payment Services Payments eCommerce Retail 52

Groove

OCTOBER 7, 2022

The added value for customers is that they receive items expert-level curation services of products at a price lower than can be found elsewhere. The goal of merchants with existing subscription programs is to increase the CLV (Customer Lifetime Value) for as many subscribers as possible to maximize revenue.

Subscription 195

Subscription Shopify Merchant Services Shipping Costs 195

Korona

OCTOBER 19, 2021

Your customer has just finished adding items to their cart, and they are happy with the purchase they are about to make. You take their credit card and insert it into your payment processor machine , but suddenly the screen displays a credit card declined code. Ask the customer to try the payment again.

Payment Services 52

Payment Services Payments Merchant Services POS 52

Korona

OCTOBER 19, 2021

Your customer has just finished adding items to their cart, and they are happy with the purchase they are about to make. You take their credit card and insert it into your payment processor machine , but suddenly the screen displays a credit card declined code. Ask the customer to try the payment again.

Payment Services 52

Payment Services Payments Merchant Services POS 52

Ecommerce Platforms

JUNE 20, 2022

There's a reason so many subscription-based business models seem to be popping up. It's tough to break through with a successful product, but the rewards are enormous, with cash flow benefits, brand loyalty, and clear revenue projections on a regular basis. Guaranteed, Recurring Revenue. That's a concern as well.

Subscription 220

Subscription Shipping Costs Merchant Services Payment Services 220

Optimizely

OCTOBER 22, 2020

Neither do they need to have a brick and mortar store so that their customers could redeem their box clippings in person. Ecommerce and the rise of digital payment services made it possible for all businesses, big and small alike, to increase their customer retention and nurture their returning customers with loyalty programs.

Payments 367

Payments Customer Loyalty Customer Retention Outdoor 367

Ecommerce Platforms

DECEMBER 20, 2019

Consumers want quick service, fast ordering, and equally speedy delivery. For a restaurant, bar, or a store to keep its customers happy, they need to fulfill orders, deliver on time, have their customer's choices in stock. Powerful technology for your business.”. Its offer is split into four areas: Quick Service.

POS 118

POS Payment Services Payments Point of Sale 118

Korona

SEPTEMBER 7, 2022

Satisfied customers can generate profits through customer retention and referrals and lower customer acquisition costs. Lack of customer focus, on the other hand, can drive churn. Yet there are several strategies to improve your customer focus strategy: Meet your customers where they are.

Small Business Retail 52

Small Business Retail Payment Services Management Payments 52

Korona

FEBRUARY 9, 2023

Providing your customers with a great customer experience means hiring sales associates who are passionate and knowledgeable about the products you sell. This requires a significant commitment to the interview and hiring process. Train these associates to create exceptional shopping experiences with every customer.

Improvements 98

Improvements Payment Services POS Payments 98

FastSpring

APRIL 26, 2022

“It’s likely that a finance or sales tools will be less susceptible to churn than a marketing tool, simply because it’s perceived to be more directly responsible for revenue.”. Ryan points out that many of the largest SaaS companies target enterprise customers that use longer contract lengths, so their churn rate will be lower.

Payments 123

Payments Subscription Payment Services Definition 123

ESW

MAY 23, 2018

The growth of subscription box services has been exponential over the past four years. But what does it really take to seamlessly grow and manage an eCommerce subscription business at scale? Let’s take a more detailed look at some of the challenges businesses face when operating an eCommerce subscription at scale.

Payment Services 60

Payment Services Subscription Operations eCommerce 60

Ecommerce Platforms

MARCH 27, 2023

Machine learning is a branch of applied computer science that deals with training artificial intelligence to conduct certain operations without needing instructions in the form of algorithmic code. In a way, it imitates human learning in a process where AI learns what it should do through trial and error with the help of a human operator.

eCommerce 104

eCommerce Payment Services Payments Recommendation 104

Korona

JANUARY 5, 2023

Optimizing your checkout means a better user experience, which, in turn, increases conversion rates and customer retention. What’s The Point Of Optimizing The Checkout Process? In other words, your checkout process should be updated, tested, and polished to work great for both your website and your customers.

Payment Services 52

Payment Services eCommerce Shipping Costs Payments 52

MagentoBrain

MARCH 20, 2023

This can result in significant cost savings, which can be passed on to customers in the form of lower prices or used to increase profits. Greater Flexibility: Allows small businesses to offer greater flexibility to customers. Are you looking to increase sales, expand your reach, or offer greater flexibility to customers?

Small Business Retail 52

Small Business Retail Payment Services Shipping Costs eCommerce 52

GetElastic

OCTOBER 6, 2021

So whether you participate in a marketplace as the owner or simply as a partnering contributor, your business will benefit from more consumer impressions across your products and services, thus leading to a higher chance of conversion. You’ll have a quick testing site for your products or services, thus de-risking an online launch.

Payment Services 78

Payment Services Merchant Services eCommerce Shipping Costs 78

FastSpring

OCTOBER 31, 2018

But what you and many others may quickly realize is that setting up your digital business and accepting online payments is often a lot spookier than expected. The GDPR outlines a set of policies that protect European Union residents by establishing a new framework for handling and processing personal data.

Payment Services 62

Payment Services Payments Customer Retention eCommerce 62

AcquireConvert

NOVEMBER 24, 2022

Ecommerce businesses need to test different versions of the calls to action, for instance. Address verification service (AVS): a service used by credit card processors to verify that the billing addresses of customers match the addresses on their credit card statements.

Payment Services 36

Payment Services eCommerce Payments Shipping Costs 36

Ecommerce Platforms

JANUARY 13, 2022

They discovered the incredible benefits of selling Photoshop (and all of their other software) as a monthly/yearly subscription instead of a onetime payment product. And those benefits ring true for just about every subscription business: Subscriptions attract more customers. Exciting and surprising products sent to customers.

Subscription 104

Subscription Shopify Payment Services Merchant Services 104

FastSpring

JUNE 28, 2019

Today’s shoppers are shifting away from one-time purchases in favor of becoming long-term customers. As interest in subscription services continues to rise, maximizing customer lifetime value becomes even more important than ever before. What is customer churn? Customers may choose to opt out of a subscription service.

Payment Services 69

Payment Services Payments Customer Retention Subscription 69

FastSpring

JULY 12, 2019

However, there’s one metric that doesn’t get as much attention—customer lifetime value. Since most SaaS and subscription-based businesses depend on recurring payments to sustain themselves, it can pay dividends to keep a close eye on lifetime value and customer retention rates.

Subscription 68

Subscription Payment Services Payments Customer 68

Algopix

JULY 13, 2023

A customer relationship management system, commonly referred to as CRM, is a software application that enables businesses to manage and analyze customer interactions and data throughout the customer lifecycle. Why is CRM Important for eCommerce Businesses?

Payment Services 78

Payment Services eCommerce Management Customer 78

FastSpring

APRIL 11, 2019

It’s clear that subscriptions are poised to disrupt the traditional business model, which explains why more businesses are switching to subscription services instead of one-time sales. Switching from a physical distribution system to a digital fulfillment process helps solve this issue by cutting down on unnecessary wait time.

Subscription 68

Subscription Payment Services Payments Shipping Costs 68

RetailMinded

MAY 16, 2023

Greater Audience Pool Online businesses can reach a worldwide audience and enable you to make easy money to open your emergency fund. This can be a huge advantage in generating sales and revenue. Online businesses that sell products and services also have the benefit of being able to scale up quickly.

Payment Services 52

Payment Services eCommerce Payments Live Chat 52