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Revolutionizing Customer Retention: The Rise of Digital Top-Up Cards in the Global Market

Retail TouchPoints

These brands have integrated top-up cards into their payment methods, attracting a broader customer base, including those without access to traditional banking services. The adaptability of top-up cards, allowing for a no-commitment, pay-as-you-go approach, has significantly contributed to customer retention and satisfaction.

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How bonuses and incentives help customer retention 

365 Retail

What is customer retention? Customer retention refers to a company’s capacity to convert purchasers into repeat customers, preventing them from purchasing from a rival. Why is customer retention crucial for businesses?

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Improve customer retention with lifecycle-based segmentation

Omnisend

Add personalized product recommendations – customers are 2.6x more likely to convert when presented purchase-history based recommendations! Be mindful that subtlety is key as you don’t want to put off any customers with one-for-all types of blasts. Start My Free Trial.

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Top 10 Examples of Social Responsibility as a Customer Retention Tool

Smile.io

” Through its three-step process, customers can bring in their Levi’s products, check them in with a stylist at any of their locations and receive a gift card for the value of their trade-in.

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Clarus Commerce Rebrands as ebbo Following PrizeLogic Acquisition

Retail TouchPoints

It also offers loyalty amplifiers such as sweepstakes, UGC contests and trivia, with the goal of helping brands enhance customer acquisition, program onboarding and education, revenue, point burn, customer retention and brand advocacy.

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16 ways to improve Average Order Value during the holidays

lateshipment

Increasing the average order value directly boosts your store’s revenue, increases customer loyalty , and retention and reduces churn rate. How Does Average Order Value Influence Customer retention? Customise coupon codes Customize and personalize the coupon codes according to an individual customer.

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Taking Returns into Your Own Hands with Self-Service

Retail TouchPoints

Instead, returns should be viewed as an opportunity to create a positive experience for a customer, leading to a loyal customer base and long-term ROI. Companies that invest in a personalized customer service (CS) program will see improvement in both savings and revenue, despite the loss on returns.