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How To Upsell Your Products To Consumers Through Marketing

RetailMinded

As an eCommerce agency , one strategy that we always recommend to our clients is upselling. It involves persuading customers to purchase a more premium or upgraded version of a product or service. What Is Upselling? What Is Upselling? Let’s discuss more. Let’s discuss more.

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Key Ecommerce Personalization areas to focus on

lateshipment

66% of consumers want businesses to understand their specific requirements and expectations. 77% of consumers have chosen, recommended, or paid more for a brand that provides a personalized experience ( Forrester ). Why not personalize your site search property? Salesforce ). Why is Ecommerce personalization important?

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5 Tips for Maintaining Subscription Momentum

Retail TouchPoints

Despite rumblings of consumer fatigue, Insider Intelligence research indicates that U.S. That’s a good sign for CPG brands, which are capable of making the most seamless transition to subscriptions: deodorant, toothpaste, diapers and even smoothie packets quickly become part of consumers’ routines. billion in 2022 to a projected $43.13

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Why NPS Falls Short in Ecommerce, and the Case for Earned Growth Ratio as a Better Metric

Retail TouchPoints

Even the best products and online storefronts fall flat if customers aren’t happy with one tiny part of their experience. This is especially prevalent if your employees are incentivized or paid a bonus on the basis of their NPS scores. One negative interaction can easily drive them away. that keep them coming back for more.

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The 7 Perfect Verticals for Generating Recurring Revenue

Groove

Selling products online often means wild swings in revenue generation based upon trends, seasonality or consumer sentiments. Simply setting up a generic subscription program without providing increased value to your customers is a great way to fail. Pre Workout. Protein Powder. Greens Supplements.

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How to Evolve and Personalize in the Digital Marketplace Economy 

Retail TouchPoints

While company web stores are essential, digital marketplaces take simple sales to the next level by offering businesses more opportunities to engage with customers. This platform allows buyers to search for products, view product descriptions and reviews and make purchases, while sellers can list their products and receive orders.

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How Retailers Should Deal with Digital Advertising Inflation in 2023

Retail TouchPoints

Two things advertisers don’t enjoy are a rocky economy and a frugal consumer. The State of the Union: Paid Advertising In the current market climate, running paid ads would only burn a hole in your pocket. There’s a paradigm shift in consumer behavior based on survival as opposed to luxury. Prioritize content marketing.