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RSP21 Reveals Top Growth Drivers for the Post-COVID Era

Retail TouchPoints

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 242
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The Future of Retail and AI

Retail TouchPoints

Prior to the pandemic, many grocery and CPG brands had started piloting AI-driven technology or autonomous features in stores. They can even optimize in-store merchandising by studying conversion rates based on a mix of products in the same area. How the Retail Industry is Using AI to Adapt to Pandemic Challenges.

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How adding services to your products can propel your company growth?

GetElastic

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Payment services. Subscription based models are at the center of recurring revenue in eCommerce.

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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.

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

iVend

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 97
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What Are eCommerce Subscriptions? And, Why Do They Matter?

GetElastic

Netflix tapped into consumer demands for personalization and convenience, and used technology to revolutionize subscriptions. Recurring billing ” is the periodic (for example, monthly or annual) invoicing of a customer to collect payment for one or more subscriptions. Source: The Rise of the Subscription Business Model ).

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How to Start a Subscription Business that Works

Ecommerce Platforms

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. Customer Acquisition Costs Decrease. Guaranteed, Recurring Revenue.