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mPOS – bringing back the human touch to in-store shopping

iVend

iVend Mobile POS Mobile POS in retail engages and delights shoppers. 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’.

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7 Tips To Improve Retail Store Performance

Korona

Implement Loyalty Programs Retaining an existing customer costs up to five times less than gaining a new one. A good customer retention program can generate significant gains in recurring revenue for your company by improving the return on your marketing and sales budget. Always have extra checkouts ready to go.

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How Do You Successfully Manage a Small Business?

Korona

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.

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Checkout Optimization: A Guide For eCommerce Retailers

Korona

As such, businesses must constantly work on rising above their competitors. 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? Allow Multiple Payment Options.

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What Is the Best Online Ticketing System

Korona

Whether you run a museum, an amusement park, a zoo, or an entertainment venue, online ticket sales are most likely a big part of your revenue. Researching all options and understanding the pros and cons of each is a tedious process, and it’s one that’s going to be unique for each type of operation. Agile ticketing solutions.

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How to Start a Subscription Business: Implementing A Subscription Service Into Your Retail Business

Korona

And the numbers speak for themselves – subscription business revenues are growing five times faster than S&P 500 companies. From a business perspective, subscription commerce offers a stable financial model based on recurring monthly revenues built around almost any niche. What Is a Subscription Service?

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Retail Loyalty Program for increased customer lifetime value

iVend

When it comes to profitability, the gains are even more compelling: Bain & Co’s research shows that a 5% increase in customer retention can ramp up profits by anything from 25% to a massive 95%. So why is understanding and increasing customer lifetime value so important, and how can retail stores achieve it?