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

Korona

FEBRUARY 9, 2023

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.

Improvements 98

Improvements Payment Services POS Payments 98

Korona

SEPTEMBER 7, 2022

In addition to knowing the basics of small business, you also need to know about financial management, human resource management, technology, inventory, and the laws and regulations pertaining to your business. Check out the following blog to learn more about how to successfully manage a small business. Table of Contents.

Small Business Retail 52

Small Business Retail Payment Services Management Payments 52

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.

POS 98

POS Point of Sale Mobile Payment Services 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

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.

Subscription 220

Subscription Shipping Costs Merchant Services Payment Services 220

Korona

MARCH 7, 2023

And when you combine them with point of sale (POS) technology, their potential is even greater. And since reporting on gift card transactions is so straightforward, retailers have the data they need at their fingertips to understand their customers and make smart decisions about their business.

POS 52

POS Gifts Payment Services Merchant Services 52

ROI Revolution

OCTOBER 7, 2022

In this article, we’ll be sharing eight tests you can implement to make sure your brand gets its share of the holiday revenue pie this year. Audiences this time of year are hoping to maximize savings, and they want a quick and easy checkout process. Key Points to Consider With Holiday A/B Tests. Consistent Messaging.

eCommerce 78

eCommerce Payments Payment Services Mobile 78

ESW

JUNE 26, 2018

one month), take your total revenue figure and divide that by the total number of orders you received. If your revenue is increasing in general, then perhaps your customers are simply telling you they don’t mind placing multiple orders. We will see in a moment what long-term consequences that can have for a business.

Payment Services 96

Payment Services X-cart Shipping Costs eCommerce 96

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

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

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

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

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

Algopix

JULY 13, 2023

Integration with Other Business Systems For seamless operations, CRM systems integrate with various other business systems such as ERP, accounting, and e-commerce platforms. These integrations ensure data consistency, eliminate manual data entry, and enable a holistic view of business processes.

Payment Services 78

Payment Services eCommerce Management Customer 78

lateshipment

APRIL 6, 2023

In order to provide a seamless and engaging consumer experience across all touchpoints, including mobile commerce, beacon technology, and CTV advertising, the future of commerce must be fully omnichannel. Customers can quickly and securely conduct purchases without using physical payment methods by adopting this feature.

eCommerce 130

eCommerce Customer Payment Services Shipping Costs 130

Ecommerce Platforms

FEBRUARY 13, 2020

Shopify's hardware integrates with the software to allow the seller to accept payments at extremely low credit card rates. For all it's worth, the Shopify POS allows you to: Accept partial payments, sell gift cards, split payments, accept credit and debit cards using external card terminals. Customer support.

Shopify 156

Shopify Merchant Services Payment Services eCommerce 156

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

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

iVend

APRIL 12, 2022

Increasing the lifetime value of your customers through customised retail loyalty programs For years retail strategy has been based on ‘right products, right place, right price’ and the focus for profit has been on increasing the average basket size. iVend Loyalty iVend helps retailers increase customer engagement and loyalty.

Payment Services 98

Payment Services Customer Retail Payments 98

365 Retail

AUGUST 17, 2022

The most forward-thinking retail marketers are ‘progressively profiling’ customers’ interests, preferences, motivations and desires. They know it’s a perpetual process and, like learning and homework, progressive profiling never stops — it simply evolves. must be integrated to deliver a truly consistent experience. Real-time wins.

White Paper 57

White Paper Retail Payment Services Payments 57

Kissmetrics

MARCH 23, 2018

Amazon has a lot of the same problems that most retailers have when dealing with customer service. They still deal with customer complaints with varying degrees of success, just like everyone else. And customer experience can play a big role in customer retention and loyalty. Consider adding subscription services.

eCommerce 210

eCommerce Shipping Costs Subscription Payment Services 210

Ecommerce Platforms

DECEMBER 30, 2019

The team behind ShopBase started way back in 2008 where they launched Beeketing , a software that helps e-commerce merchants grow their sales and revenue, pretty fast. ShopBase payments (coming real soon). This part lets you sort the customers’ order information to avoid missing out on pending deliveries. Longer shipping times.

eCommerce 190

eCommerce Drop Ship Shipping Costs Merchant Services 190

Omnisend

APRIL 20, 2021

Even from the analysis of 2 billion campaigns over 2018, we found that businesses using several channels as the means of their omnichannel campaigns earned a 250% higher purchase rate and 90% increase in customer retention. On average, 69.80% of online shopping carts are abandoned during the checkout process.

Mobile 78

Mobile Payment Services Omnichannel Social Media 78

OrderDynamics

AUGUST 1, 2017

Therefore, the retailer’s task must be to at least appear as the most attractive destination for a customer seeking to make a product purchase (=revenue). It’s a case of working with each member of the team, anticipating every play in the game and devising new strategies while seeking out continual improvements.

Payment Services 50

Payment Services Channel Telecommunications Payments 50

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

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

Demac Media

AUGUST 10, 2017

Average Order Value tracks the average dollar amount spent each time a customer places an order on a website or mobile a pp. To calculate your company’s average order value, simply divide total revenue by the number of orders. Related : Increasing your Average Order Value. Related : 9 Magento Tips for Your eCommerce Site.

eCommerce 38

eCommerce Payment Services Retail Magento 38

BigCommerce

OCTOBER 24, 2017

Their advice includes: Tips on engaging with your customer to grow net new sales and recurring sales. How to increase recurring revenue – and hit $1M in annual sales. I’m talking about really reaching out to check on your customer with short semi-personalized emails that show you care about your customer and their buying experience.

eCommerce 420

eCommerce Shipping Costs Merchant Services Payment Services 420

ROI Revolution

AUGUST 5, 2021

As the most efficient, scalable way to buy digital ads, programmatic should be a strategy every marketer considers in 2021. In this report , uncover full-funnel strategies, an in-depth analysis of programmatic ad types, & more to unravel the mysteries behind programmatic. Consumer spending habits returning to normal.

eCommerce 197

eCommerce Social Media Payment Services Merchant Services 197

ROI Revolution

DECEMBER 2, 2021

billion in revenue. Many retailers developed a proactive strategy to start pushing enticing deals to shoppers in October and early November instead of waiting until Black Friday and Cyber Week to help ensure products arrive in time for the holidays. Revenue from ecommerce is expected to reach $469.3 growth this year.

eCommerce 148

eCommerce Social Media Payments Payment Services 148

ROI Revolution

JULY 1, 2021

As the most efficient, scalable way to buy digital ads, programmatic should be a strategy every marketer considers in 2021. In this report , uncover full-funnel strategies, an in-depth analysis of programmatic ad types, & more to unravel the mysteries behind programmatic. July 1 update. Claim your spot today.

eCommerce 148

eCommerce Social Media Payment Services Merchant Services 148

ROI Revolution

JUNE 1, 2021

As the most efficient and scalable way to buy digital ads, programmatic should be a strategy every marketer considers in 2021. In this report, you’ll uncover full-funnel strategies, an in-depth analysis of programmatic ad types, and more so you can profit off of this channel’s meteoric rise. Touchless payment continues to grow.

eCommerce 158

eCommerce Social Media Payment Services Merchant Services 158

ROI Revolution

JANUARY 5, 2022

in 2021, making up for some brick-and-mortar revenue lost around the onset of the pandemic. Connected TV ad revenue is rising in light of the pandemic, with Hulu leading the way among streaming providers at $3.1 Revenue was just $269 billion in 2019 and $207.15 are seeing customers be less willing to pay full price.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

NOVEMBER 4, 2021

Our executive holiday guide for 2021 reveals key insights to prepare your brand to thrive, like the 4 crucial components of a successful holiday strategy & strategic targeting tips to reach new consumers. Revenue from ecommerce is expected to reach $469.3 US retail ecommerce revenue was just $285.9 November 4. September 23.

eCommerce 78

eCommerce Social Media Payments Payment Services 78

ROI Revolution

MARCH 2, 2021

YouTube ad revenue grew to $6.89B in Q4 2020 from $4.72B in Q4 2019 as the pandemic fueled video growth. billion in revenue in Q4, a 22% year-over-year increase that beat projections by nearly $4 billion. Total paid search revenue from mobile increased 93% year-over-year for ROI clients (ROI client data). ( Statista ).

eCommerce 195

eCommerce Social Media Payment Services Merchant Services 195