Korona

FEBRUARY 9, 2023

Use Product Returns to Your Advantage And Offer Free Shipping Another way to improve your retail store’s performance is to implement lenient return policies. Free shipping leads to more orders. Implement Loyalty Programs Retaining an existing customer costs up to five times less than gaining a new one.

Improvements 98

Improvements Payment Services POS Payments 98

MagentoBrain

MARCH 20, 2023

Ecommerce development has become a popular way for small businesses to reach customers and increase sales potential. With the rise of technology and online shopping, ecommerce development provides small businesses with the ability to expand their reach, reduce costs, and offer greater flexibility to customers.

Small Business Retail 52

Small Business Retail Payment Services Shipping Costs eCommerce 52

lateshipment

AUGUST 13, 2021

This means a huge opportunity for your dropshipping store to cross your sales target and break your revenue records. Dropshipping is gaining momentum and slowly becoming a more preferred choice than traditional eCommerce businesses as it helps businesses profit by selling products online without managing inventory on their own.

Shipping Costs 130

Shipping Costs Payment Services Shipping Social Media 130

ChannelAdvisor

FEBRUARY 27, 2023

It’s the same with your e-commerce strategy. E-commerce KPIs are measurements that allow you to assess the success or failure of your digital strategy. Customer acquisition cost (CAC) Customer acquisition cost is the amount it costs you to acquire one new customer. But the right mix of metrics?

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

ChannelAdvisor

FEBRUARY 27, 2023

It’s the same with your e-commerce strategy. E-commerce KPIs are measurements that allow you to assess the success or failure of your digital strategy. Customer acquisition cost (CAC) Customer acquisition cost is the amount it costs you to acquire one new customer. But the right mix of metrics?

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

Ecommerce Platforms

JANUARY 13, 2022

Why is the Subscription Business Model So Appealing? The popular photo/video/website editing software company has a long history of selling expensive industry software. 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.

Subscription 104

Subscription Shopify Payment Services Merchant Services 104

ESW

JUNE 26, 2018

one month), take your total revenue figure and divide that by the total number of orders you received. Robin Nichols at A/B Tasty says this has been the norm for American eCommerce sites in recent years, and there are multiple reasons for this: When shopping costs drop, people don’t feel so pressured to bundle their orders.

Payment Services 96

Payment Services X-cart Shipping Costs eCommerce 96

FastSpring

APRIL 11, 2019

Maybe you’ve caught wind of all the buzz around recurring billing or perhaps you’ve seen similar companies in your industry already rolling out subscription pricing. In addition, scaling into international markets can become a more viable strategy for growing your business. Maximized Revenue Potential.

Subscription 66

Subscription Payment Services Payments Shipping Costs 66

365 Retail

NOVEMBER 14, 2022

In order to maximise ROI and end the year on a high, eCommerce brands and retailers need to avoid common mistakes and leverage these key calendar dates to generate revenue and get 2023 off to a strong start. Using a sound PPC and SEO strategy to support enticing promotions is a surefire tactic to create a buzz around your brand early on.

Payment Services 57

Payment Services Shipping Costs Merchant Services Order Fulfillment 57

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. and select the one(s) with the best conversion rate(s).

Payment Services 36

Payment Services eCommerce Payments Shipping Costs 36

GetElastic

OCTOBER 6, 2021

For many businesses, adding a third-party seller model to their Go-to-Market strategy was already a serious consideration, but it has become more top of mind due to the driving changes of COVID-19 on consumer buying behaviors. This has been great for offering new strategies for businesses looking to enter the marketplace ecosystem.

Payment Services 78

Payment Services Merchant Services eCommerce Shipping Costs 78

Payoneer

FEBRUARY 22, 2023

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. of Nigerian ecommerce revenue. million in revenue in 2021. of the revenue for Nigeria’s top 100 online stores.

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

Kissmetrics

AUGUST 6, 2021

It costs 5X less to retain a customer than it does to acquire a new one. That’s why customer retention is crucial to growing your Ecommerce business. What is customer retention? Customer retention is the ability to encourage customers to keep coming back to make purchases.

Customer Retention 302

Customer Retention Customer Payment Services BigCommerce 302

Kibo

FEBRUARY 3, 2023

Whether you’re a B2B company selling recurring services or a DTC company selling product subscriptions, customer retention and happiness are at the core of a successful business. In this article, we’ll outline four strategies to help boost your retention rate and discuss how technology will help you implement these strategies.

Customer Retention 62

Customer Retention Subscription Payment Services Customer 62

Omnisend

APRIL 26, 2021

Check out how Black Mango generates 43% of their email revenue effortlessly. We’ll also look at some furniture ecommerce best practices, so you can learn how to easily and effectively incorporate these trends into your own strategy. Personalization in marketing has quickly become a customer expectation.

eCommerce 135

eCommerce Social Media Merchant Services Shopify 135

lateshipment

FEBRUARY 10, 2021

To keep up with the rise in eCommerce and the sound change in consumer behavior (which is changing rapidly), businesses need to put “customer experience (CX)” at the center of their growth and retention strategies. In-store experiences are human-led, with greater control and empathy towards customer needs and grievances.

Improvements 130

Improvements Customer eCommerce Shipping Costs 130

lateshipment

FEBRUARY 10, 2021

To keep up with the rise in eCommerce and the sound change in consumer behavior (which is changing rapidly), businesses need to put “customer experience” at the center of their growth and retention strategies. The Big Post-Purchase Customer Experience Gap in Online Retail (And What.

Improvements 130

Improvements Customer Shipping Costs Payment Services 130

FastSpring

MARCH 15, 2021

While implementing a subscription model means ongoing revenue, it also brings up many challenges for managing those subscriptions. You have to create a subscription-friendly product, infrastructure, marketing plan, and customer retention plan. Why Shift to a Subscription Revenue Model. Stronger Customer Relationships.

Subscription 116

Subscription Payment Services Shipping Costs Payments 116

Lemonstand

APRIL 17, 2018

For example, Banish generated $3 million annual recurring revenue by simply offering the option of subscription for their products. These companies are the ones that have used subscription box services to build a massive audience and even more massive revenue. And Ipsy’s $10 per month price tag makes it even more irresistible.

Subscription 78

Subscription Payment Services eCommerce Platforms Payments 78

lateshipment

APRIL 6, 2023

Businesses must adopt a pipeline strategy, relying on data analytics and dynamic creative optimisation to boost conversions and produce an easy-to-use website experience. Why do you need repeat customers in your business? Customers may easily buy and return things thanks to their free shipping and returns policy.

eCommerce 130

eCommerce Customer Payment Services Shipping Costs 130

Ecommerce Platforms

FEBRUARY 13, 2020

The store owner, instead, forwards customers’ orders to the supplier who completes the fulfillment process by shipping the products directly. Shopify dropshipping turns out to be a more convenient and cost-effective selling technique. After all, you get to mark up the prices in your store. Customer support.

Shopify 156

Shopify Merchant Services Payment Services eCommerce 156

Kissmetrics

MARCH 23, 2018

Some may tell you that even if you can’t compete with their scale, you can compete in other ways, like offering competitive discounts and free shipping for your own customers. But in terms of product pricing, you still probably can’t offer a better deal to your customers than the price they could find on Amazon.

eCommerce 210

eCommerce Shipping Costs Subscription Payment Services 210

Omnisend

SEPTEMBER 29, 2021

One of the best ways to do this is by increasing customer retention rates. In this article, we’re going to discuss the best ways to identify customers that are an immediate ecommerce churn risk. Using churn management strategies you’ll be able to quickly prioritize your marketing efforts toward these high-risk customers.

Customer 148

Customer Customer Retention Social Media Merchant Services 148

Korona

AUGUST 23, 2022

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?

Subscription 52

Subscription Payment Services Shipping Costs Payments 52

Retalon

AUGUST 22, 2023

Understanding your ecommerce KPIs allows you to identify issues, optimize processes, uncover new opportunities, and benchmark your progress against industry standards. Monitoring the right metrics leads to data-driven strategies that drive sustainable growth and profitability. It is total revenue divided by total number of orders.

X-cart 41

X-cart Shipping Costs eCommerce Definition 41

Ecommerce Platforms

DECEMBER 30, 2019

So far, it's a verifiable fact that drop shipping never comes along with newbies pretty easily. One that centrally manages drop shipping, white labels, and print-on-demand orders, concurrently. Customer Support. Longer shipping times. ShopBase payments (coming real soon). ShopBase’s marketplace. Overall features.

eCommerce 190

eCommerce Drop Ship Shipping Costs Merchant Services 190

Omnisend

SEPTEMBER 29, 2021

One of the best ways to do this is by increasing customer retention rates. In this article, we’re going to discuss the best ways to identify customers that are an immediate ecommerce churn risk. Using churn management strategies you’ll be able to quickly prioritize your marketing efforts toward these high-risk customers.

Customer 78

Customer Customer Retention Social Media Merchant Services 78

ROI Revolution

MAY 6, 2021

To make the customer journey between all of these channels seamless, retail leaders are making sure a holistic omnichannel strategy is a part of their digital transformation. An omnichannel approach can be a big revenue driver. One study even found that contactless payments can be a differentiator for retailers.

Omnichannel 135

Omnichannel Merchant Services Social Media Payment Services 135

Ecommerce Platforms

OCTOBER 5, 2018

From your end, you’re able to see the product’s availability not only at their shipping warehouse but also at the local store. I guess you’ve already seen numerous offline-based businesses establishing separate versions of their stores on the web. Well, both are considered good strategies for increasing sales. Much better.

eCommerce Platforms 91

eCommerce Platforms Omnichannel Merchant Services Payment Services 91

ESW

MAY 23, 2018

That is a huge improvement that will translate into actual revenue gains. Quicker page loads allow more orders to be processed every hour, enabling faster add-to-cart times and lower abandoned-cart rates. Let’s face it, digital commerce requires a lot of moving parts, many of which are outside the wheelhouse of your core business.

Payment Services 60

Payment Services Magento eCommerce Shipping Costs 60

Omnisend

APRIL 20, 2021

There are many benefits of this choice—consumers don’t have to leave the comfort of their own homes, they can have access to different product variations, they get products shipped any address, and so on. As a business owner, when you are struggling to obtain new customers, having an online presence is not a choice.

Mobile 78

Mobile Payment Services Omnichannel Social Media 78

Ecommerce Platforms

JANUARY 14, 2020

Ecommerce business is booming. The stats analyzed by eMarketer predict that by 2021, the global ecommerce revenue is expected to reach $5 trillion. This is a by far, a descriptive indicator that suggests the existence of a steady momentum even for the looming ecommerce businesses. Social selling strategies.

Merchant Services 175

Merchant Services eCommerce Payment Services Shipping Costs 175

Korona

NOVEMBER 16, 2022

Once business owners have done their calculations, they must then figure out how to increase sales by square foot. From marketing to merchandising, there are a number of strategies and tactics you can use to help improve your retail sales per square foot of your store. Add Modern Payment Options. Set Up A Solid Loyalty Program.

Payment Services 10

Payment Services POS Payments Shipping Costs 10

BigCommerce

OCTOBER 24, 2017

How to increase recurring revenue – and hit $1M in annual sales. How to use shipping discounts to reverse cart abandoners. By just being friendly with all your customers or hiring a virtual assistant to do this you can increase your stores customer retention rate and customer lifetime value substantially.

eCommerce 420

eCommerce Shipping Costs Merchant Services Payment Services 420

Ecommerce Platforms

NOVEMBER 11, 2019

A solid customer relationship management (CRM) gameplan is just part of what this objective requires. And surprisingly enough, the acquisition cost for new customers lies between 5 to 25 times more than the price you'll incur to retain your old clients. What ties-up closely to this strategy is referral marketing. .

Customer Loyalty 143

Customer Loyalty Customer Merchant Services Payment Services 143

Retail TouchPoints

AUGUST 11, 2022

With users and revenue currently at all-time lows, new CEO Vijay Talwar has a herculean task ahead of him as he works to bring this ecommerce giant back to its feet. Bargain prices and the thrill of discovery proved a winning combination for Wish, which was founded in 2010 and was the most downloaded shopping app in the world by 2018.

Merchant Services 276

Merchant Services Shipping Costs Payments Consumer 276

ROI Revolution

DECEMBER 2, 2021

Business being good isn’t always a good thing. Shipping, inventory, and fulfillment are the basic underpinnings of a business that must work flawlessly for marketing & advertising to be worth it – and they are all in flux right now. billion in revenue. How did it happen?

eCommerce 148

eCommerce Social Media Payments Payment Services 148