Customer retention tools
Omniconvert
SEPTEMBER 1, 2020
Customer retention is a subject near and dear to our hearts – that’s why you’ll find several articles on our. The post Customer retention tools appeared first on ECOMMERCE GROWTH Blog.
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Omniconvert
SEPTEMBER 1, 2020
Customer retention is a subject near and dear to our hearts – that’s why you’ll find several articles on our. The post Customer retention tools appeared first on ECOMMERCE GROWTH Blog.
FastSpring
OCTOBER 13, 2020
If you love your customers—which I’m sure you do—you want to hold onto them … tight. Yep, we’re talking about customer retention—a business’s ability to keep customers over a period of time. As much as we love new customers, we love repeat customers even more. It sounds simple enough.
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lateshipment
APRIL 2, 2021
Let’s not waste any more time and dive right into the eCommerce trends for 2021 and how they can help you improve your online business in terms of sales, CX, and customer loyalty – to thrive in 2021! . eCommerce is growing (higher, further, faster). Hybrid (omnichannel) marketing is the future now.
Korona
MARCH 25, 2022
Given that the probability of an existing customer returning to purchase something at your store is 60-70% compared to the 5-20% chance of converting a new customer, it’s no surprise that eCommerce brands are prioritizing customer retention. 7 Ways to Improve Customer Loyalty.
lateshipment
JULY 31, 2023
There’s fierce competition everywhere, especially in the e-commerce industry. Every e-commerce business has a unique value proposition that comes out from meticulously analyzing market gaps and caters to every need of the customer. Essential free e-commerce marketing tools to outshine your competitors 1.
Groove
NOVEMBER 12, 2020
A customer's first impression — better yet, first experience — with a brand often makes or breaks their purchasing decision. Make a great first impression and create a positive experience for your customers by catering to their unique needs. How To Improve Customer Experience: 5 Tips. Understand who your customers are.
Groove
FEBRUARY 2, 2022
What Is Customer Acquisition? When analyzing customer acquisition vs retention , it’s important to distinguish between the two. First, we have customer acquisition which involves all of the steps that an eCommerce or brick and mortar business takes to attract new customers and convince them to purchase.
SellBrite
JUNE 7, 2017
Savvy business owners know that customer retention is worth its weight in gold. The numbers say it all: it costs five times more to bring in a new customer than it does to maintain a current one and the odds of making a sale to a current customer are 60-70 percent compared to only a 5-20 percent chance of selling to a new lead.
Smile.io
MAY 4, 2022
If you’re an ecommerce marketer, you know growing sales to your online store is amongst your top priorities. But growing a business and engaging with new customers is always easier said than done. Don’t worry, every marketer has been there. Blog Gabrielle Policella 3.
Retail TouchPoints
JANUARY 3, 2024
Long viewed as a necessary evil, the retail returns process is emerging as an unexpected avenue for growth and customer engagement. In the rapidly expanding ecommerce market, projected to reach $3 billion in 2023, a significant 20% to 30% of online purchases end up being returned. Speed-to-restock is key in the returns cycle.
Groove
MARCH 24, 2022
Selecting an eCommerce marketing agency for your BigCommerce online store is a crucial step in achieving your eCommerce goals. As an Elite BigCommerce Partner Agency , our certified team is available to assist in growing your mid-market business with BigCommerce Enterprise. What Is An eCommerce Marketing Agency?
Optimizely
OCTOBER 23, 2019
Marketers who use loyalty programs to create happy and loyal customers need to be able to integrate these programs into their customer data and marketing campaigns on a regular basis. Included in this integration are nearly a dozen pre-built campaigns to help marketers get started quickly.
Optimizely
JULY 26, 2018
It’s simply not realistic to continue to rely on new customer acquisition alone to drive your revenue growth. Instead, you have to build a strong brand that centers around customer loyalty and customer retention. You absolutely have to engineer the repeat purchase in ecommerce today.
Smile.io
MARCH 8, 2024
Live commerce and its growing popularity The growth of ecommerce meant that conditions were perfect for live commerce, which combines live video with the ability to buy the products you are viewing instantly. Unsurprisingly, China is a big player, with an ecommerce market worth $885.94 billion in 2023.
Smile.io
MARCH 22, 2024
Your entire brand experience should work together to deliver the best customer experience possible. This includes your product line-up, promotional campaigns, and loyalty program. If not, it may be time to migrate your loyalty program. Migrating a rewards program can present all kinds of challenges.
Omnisend
MAY 14, 2021
Driving people to your ecommerce site and convincing them to make a purchase is becoming much harder with the proliferation of brick-and-mortar store closings and growing number of online shopping options. Each stage of the ecommerce customer journey has its opportunities. The 5 Stages of an Ecommerce Customer Journey.
Optimizely
JULY 31, 2018
Grab your phone, open your podcasting app of choice, and prepare to fill your ears with all the ecommerce marketing news and advice you could ever need. The bi-weekly ecommerce news roundups are also the perfect way to stay on top of what’s happening in the industry. But it all starts with a great customer experience.
RetailMinded
MARCH 31, 2021
There’s clearly a massive opportunity here for challenger brands – especially those in the DTC space – to capitalise on the huge increase in online custom, especially as shoppers – as much as 81% of them – want to buy products from brands directly. . Spilling The Secret Sauce. New Era – New Solutions Needed .
MakeWebBetter
AUGUST 8, 2019
When talking about e-commerce marketing ideas. But firstly, I would like to share some sales stats which might help and excel your business this e-commerce holidays. Ecommerce holiday sales mostly counts upon […]. It becomes mandatory to pitch sales according to the holiday calendar.
ecomdash
APRIL 23, 2019
We could talk all day about the differences between new customers and repeat customers, but really you only need to know two things: It costs 5x more to attract a new customer than to retain an old one. Repeat customers spend 67% more than new customers. But it’s not enough to just have loyalty programs.
Optimizely
JULY 2, 2019
There are hundreds of thousands of ecommerce businesses vying for the consumer’s short attention span, and we’re not even talking titans like Amazon. Today’s customers expect a perfect experience — from your social media ads to your product pages to your checkout process to your email marketing to your packaging.
Optimizely
MAY 6, 2019
First, an anonymous user browses your site, then makes a purchase, then another, and slowly, but surely, becomes a loyal customer. This is the customer lifecycle, and understanding the ins and outs of this ever-changing process is the key to effective ecommerce marketing. Outline Your Customer Lifecycle.
BigCommerce
FEBRUARY 23, 2018
Costco is willing to go to great lengths to keep their customers satisfied. The Net Promoter Score is a tool that can be used to gauge the loyalty of a firm’s customer relationships and can be related to a firm’s revenue growth. So, how can you increase retention and customer lifetime loyalty?
BigCommerce
FEBRUARY 1, 2018
Let’s say that you are a solopreneur that has to handle emails from customers, packaging and shipping products, and marketing via your social media networks. Ruthie Berber, Co-Marketing Manager, Yotpo. It’s a super valuable resource for me when looking for the latest ecommerce tips, trends and benchmarks.
BigCommerce
JUNE 13, 2017
Retaining customers isn’t easy, but it’s important to do for businesses of every size. After all, the sure fire sign of a healthy brand is a growing number of repeat purchases from already existing customers. The above is a screenshot of BigCommerce’s out-of-the-box ecommerce analytics Customer report.
FastSpring
MAY 13, 2021
An ecommerce business without conversion rate optimization is like a car without wheels — it won’t take you anywhere. How are you qualifying leads and converting leads to customers? If you want to learn how to 2x your conversion rate, we’ve curated 12 tactics you can use to convert more visitors into paying customers.
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. With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027.
Demac Media
JANUARY 18, 2018
Consumers are demanding exceptional experiences, throughout the customer journey at all times of the year. You’ll want to focus on increasing the value of current customers, and keeping all your new customers. A 5% increase in loyalty can drive the avg. revenue per customer up 25-100%! So how can it be done?
Omnisend
MAY 24, 2021
Identifying, attracting, and retaining the right kind of customers is key to the success of any business, so it’s crucial to have the right tools on hand to maximize your potential. But first, let’s take a closer look at what customer data analysis is. What are Customer Analytics? Why Should You Use Customer Analytics?
Smile.io
SEPTEMBER 1, 2023
Here are 11 key retention metrics ecommerce marketers should be aware of. 🧲 Being unable to track and measure retention metrics allows you to set your brand up for success At the root of any retention strategy is the desire to bring customers back. Why is Customer Churn Rate important?
MakeWebBetter
JULY 30, 2020
The first rule of the eCommerce business is to adapt to the current happenings of the industry. The world has already declared COVID as a global pandemic. Cities are under lockdown, social distancing is followed, many businesses are shut, outdoor gatherings are prohibited.
MakeWebBetter
SEPTEMBER 5, 2019
Before anybody could start with their black friday deals, online-shopping retailer-Amazon releases daily deals at every hour. Not only that, to celebrate the biggest day of the year for retailers, Amazon pushes exclusive offers and deep discounts through ‘Countdown to Black Friday’.
Omnisend
MARCH 8, 2021
Understanding ecommerce metrics allows you to identify your strengths and weaknesses, gauge your performance against your competitors, and learn how different tactics affect your overall strategy. Because data itself is useless without context, you need to ensure that you have a good analytics tool that is custom-made for ecommerce.
BigCommerce
APRIL 18, 2018
Setting proper benchmarks for your ecommerce KPI list to track success. This guide is structured to cover the most vital ecommerce metrics at each stage of the sales funnel of an ecommerce business and their customers’ lifecycle. Selecting the right ecommerce KPIs. Understanding the Customer Stages.
eCommerceFuel
FEBRUARY 16, 2021
Higher customer retention. An enlarged market share. We’ll get further into the details but first, a short definition: A wholesale price is a discounted price that you offer to customers who buy in bulk. This means any customer who buys from your store at or above the MOQ automatically qualifies for the wholesale price.
ROI Revolution
DECEMBER 2, 2021
Last year, low prices and the ability to purchase online were the top concerns for customers. Rising costs are making it even more difficult for businesses to get their products delivered to stores and customers alike. Globally, consumer electronics ecommerce is expected to grow to $343.34 How did it happen? billion last year.
ROI Revolution
JANUARY 5, 2022
Ecommerce sales are projected to grow 15.9% The COVID-19 pandemic has sparked a true customer transition to digital. Some of the digital trends that will continue to grow in 2022 include buy now, pay later (BNPL), digital grocery, and social commerce. Recapping the biggest COVID-19 + ecommerce news of 2021. December 16.
ROI Revolution
NOVEMBER 4, 2021
Rising costs are making it even more difficult for businesses to get their products delivered to stores and customers alike. With demand for freight high and supply so low, it’s becoming very expensive for brands to ship the products their customers buy. Globally, consumer electronics ecommerce is expected to grow to $343.34
ROI Revolution
OCTOBER 7, 2021
Globally, consumer electronics ecommerce is expected to grow to $343.34 By 2025, the global consumer electronics ecommerce market is projected to be worth over $511 billion. Additionally, customers leave far more reviews beginning in November and through the new year. Marketing to consumers in a post-pandemic world.
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