Retail TouchPoints

SEPTEMBER 6, 2023

Under this model, a customer signs up for a subscription service, typically as part of a free trial offer. As per a fact sheet recently published by the FTC , the proposed rule change takes things a step further by mandating the subscription cancellation process be as simple as the sign-up process.

Merchant Services 285

Merchant Services Payment Services Subscription Consumer 285

Smile.io

SEPTEMBER 6, 2023

From new wellness brands and fitness trends (hello cold plunge and backyard saunas) to the latest supplements, the health and wellness industry has grown exponentially in the last few years. billion in 2023.  The nutrition and supplements industry has become a very competitive place, both in retail and online.

Subscription 78

Subscription Social Media Shipping Costs Reference 78

Korona

APRIL 6, 2022

Subscription-based programs were already on the rise before COVID hit in 2020. In fact, subscription retail revenue continues to accelerate at a much faster rate than the rest of the retail landscape, and it promises to move into more industries and products. Subscription Based Shopping: What Is It?

Subscription 98

Subscription Payment Services Shipping Costs Retail 98

Retail TouchPoints

MARCH 25, 2021

The change will be a reckoning for the advertising industry.”. Retailers have a leg up in this area because they have, for years, been collecting a treasure trove of first-party data, through loyalty programs , surveys , subscription services , POS systems , and more recently apps and ecommerce websites. The Rise of First-Party Data.

Retail 265

Retail Consumer Social Media POS 265

Smile.io

OCTOBER 3, 2023

The pet industry has undergone several changes in the past few years, but none more notable than the premiumization of pet supplies. The global pet industry is worth $320 billion and is expected to grow to almost $500 billion by 2023, according to a report from Bloomberg Intelligence. Well, a loyalty program is a great place to start.

Supplies 62

Supplies Beauty and Health Social Media Accessories 62

Groove

OCTOBER 18, 2022

While there are dozens, if not hundreds, of approaches that you could take, we have found one model to provide consistent success - subscription programs. Simply setting up a generic subscription program without providing increased value to your customers is a great way to fail. Vitamins & Supplements. Fashion & Apparel.

Payments 195

Payments Food and Beverages Beauty and Health Subscription 195

Groove

AUGUST 18, 2020

Here are some valuable assets included at no extra cost in a Klaviyo monthly subscription that are not included in a MailChimp subscription: Unique coupon codes. We recommend leveraging Klaviyo when preparing for Black Friday and the holiday season as this tool enables companies to leverage these owned marketing channels ?

Merchant Services 370

Merchant Services Shopify Subscription Multi-channel 370

365 Retail

DECEMBER 21, 2021

It’s no secret that the retail industry experienced incredible disruption over the past year. From the rise of online shopping and its impact on in-store sales to the increasing importance of technology and security, we spoke to a few retail experts about what those in the industry can expect to see next year and beyond. .

Social Media 105

Social Media Retail Payment Services Subscription 105

Retail TouchPoints

FEBRUARY 7, 2023

This year at NRF, it remained a major area of conversation in booths, and we also have seen the industry embrace it. For example, churn prediction, recommendation engines and customer lifetime value models were discussed at multiple booths. For example, Amazon announced a new drug subscription service for Prime members, RxPass.

Retail 279

Retail POS Apparel Department Stores 279

Liveintent

JULY 26, 2022

LiveIntent was recently named one of Digiday’s top 10 Identity solutions (the article is behind a paywall, but as a publication essential to understanding our industry, Digiday is worth a subscription). As the industry begins its long march toward deprecating third-party cookies, LiveIntent has a head start.

Channel 62

Channel Subscription Definition Article 62

Ecommerce Platforms

APRIL 24, 2017

If you go to Cratejoy as a consumer, you'll find a multitude of subscription boxes to fit your own tastes. What's even more intriguing is the fact that anyone can sign up to sell their own subscription boxes. I've always been entranced by the subscription industry, partly because it's a tough way to make a profit.

Subscription 91

Subscription Merchant Services Marketing Payment Services 91

lateshipment

FEBRUARY 6, 2024

industry terminology, Customer Lifetime Value is a metric that represents the total revenue a customer generates for their business throughout their relationship with your company. Take this scenario, you possess a Netflix subscription that you renew for $22.99 In other words, a.k.a. every month.

eCommerce 130

eCommerce Customer Customer Retention Merchant Services 130

Groove

MARCH 14, 2022

SaaS doesn’t require a separate server, and merchants pay for a subscription. Because subscription plans scale as merchants’ stores grow, SaaS is a great option for fast-growing businesses. Two industry-dominating SaaS platforms that are great for mid-market and Enterprise eCommerce businesses are BigCommerce and Shopify.

eCommerce 195

eCommerce Merchant Services SEO Live Chat 195

SellBrite

JUNE 14, 2018

Five years ago, the subscription model still seemed niche and unfamiliar to most consumers. A decade ago, subscription boxes like Birchbox didn’t exist. Now, almost every type of product is offered through a subscription box. From 2014 to 2017, subscription box sales grew 800%. Define the niche you’re filling.

Subscription 67

Subscription eCommerce Merchant Services Gifts 67

Smile.io

OCTOBER 22, 2021

The beauty industry is one of the most competitive markets out there. Status is an important motivator in the beauty industry because shoppers associate beauty products with high class and style. Snow Rewards The beauty industry is one where appearances really do matter. So what makes them choose you?

Social Media 76

Social Media Customer Loyalty Subscription Blog 76

Algopix

OCTOBER 27, 2023

As we approach 2024, it’s essential for both established and aspiring eCommerce sellers to stay ahead of the curve by anticipating and preparing for the upcoming trends that will shape the industry. In 2024, we can expect AI to handle routine customer queries, offer product recommendations, and even assist in the sales process.

eCommerce 119

eCommerce Payment Services Cryptocurrencies Shipping Costs 119

Retail TouchPoints

AUGUST 14, 2023

Similar to the grocery retail industry, banking is a traditional industry rooted in brick-and-mortar practices. Both banking and traditional retail are being disrupted by digital-native services, from online banking and neo-banks to online grocery delivery and meal kit subscription programs.

Payment Services 245

Payment Services Operations Banking Technology 245

FastSpring

FEBRUARY 15, 2024

But there was one particularly notable Pro option: Paying for a yearly subscription via Apple App Store or Google Play Store will cost users an extra $10 , increasing the price by about 8% from $119.99 subscriptions on both Apple and Google’s app stores.” to $129.99 Set up a demo or try it out for yourself.

Merchant Services 126

Merchant Services Games Payments Payment Services 126

Retail TouchPoints

MAY 1, 2023

Investment Darlings: Sustainability, AI and Personalization While the industry is rife with new brands designed to challenge the marketplace and offer consumers more pointed solutions, investors are considering the ripple effects of external forces, like inflation, that will undoubtedly impact the long-term ROI of their investments.

Retail 275

Retail Beauty and Health Omnichannel Operations 275

Ecommerce Platforms

JUNE 8, 2022

There's not really even a way to lose your money unintentionally with Shopify, considering the entire subscription process is so transparent. Keep in mind, however, that the monthly ecommerce subscription isn't the only way Shopify makes money; far from it. What About Those Credit Card Fees?

Merchant Services 196

Merchant Services Shopify Payment Services Payments 196

Kissmetrics

APRIL 13, 2021

Whether you plan to charge for downloads or use subscription services to generate income, your app will never be profitable without a monetization strategy. If you’re using a subscription-based service, you may want to build out a free version that users can test before committing. Subscriptions. 6 App Monetization Strategies.

Payments 212

Payments Subscription Download Payment Services 212

Kissmetrics

MARCH 12, 2021

The mobile app industry is expected to be worth more than $407 billion (yes, with a B) by 2026. For example, if your goal is to build an app that offers workout and diet recommendations, take the time to download similar apps and read their reviews. Monthly subscription: Charge a small fee every month for access to the app.

Payments 321

Payments eCommerce Payment Services Subscription 321

GetElastic

MAY 18, 2022

In tandem, brands are offered conflicting advice from channel partners, recommending staying away from D2C adoption. Due to the shift in shopping behaviors over the past few years, the consumer-packaged goods (CPG) and branded manufacturer industries were the early adopters. Strategize how you will sort your products across channels.

Multi-channel 78

Multi-channel Subscription Automotive Customer Loyalty 78

Retail TouchPoints

MAY 1, 2023

Investment Darlings: Sustainability, AI and Personalization While the industry is rife with new brands designed to challenge the marketplace and offer consumers more pointed solutions, investors are considering the ripple effects of external forces, like inflation, that will undoubtedly impact the long-term ROI of their investments.

Retail 240

Retail Beauty and Health Omnichannel Operations 240

Retail TouchPoints

SEPTEMBER 3, 2020

Most industries now have return rates close to normal levels. The association also recommends that retailers “suspend or modify returns and exchanges to limit interaction between employees and recently returned items.”. However, apparel and department stores are elevated. Normally, apparel returns are roughly 7.5%

Shipping Costs 334

Shipping Costs eCommerce Merchant Services Retail 334

Ecommerce Platforms

JUNE 15, 2023

Some features unique to Shopify include custom report building, built-in dropshipping, streamlined checkout and shopping cart, built-in product fulfillment, industry-leading processing rates with Shopify Payments, and international commerce features like duties, import taxes, product pricing by market, and local payment methods.

Shopify 104

Shopify Payment Services Payments Shipping Costs 104

GetElastic

APRIL 8, 2019

While it’s true these giants hold a big portion of the industry, there are still gaps in service and products that need to be filled. Customer Recommendations. Another thing Amazon and other giants do well is recommendations. When you’re browsing for products, you’ll see recommended suggestions pop up along the way.

Subscription 137

Subscription Shipping Recommendation Department Stores 137

Ecommerce Platforms

OCTOBER 12, 2022

Instead of working with multiple accounts and dashboards, all features are wrapped into one monthly or yearly subscription fee. Shopify Pro #2: An Industry-leading Customer Support Team. However, a quick app installation opens up capabilities for everything from memberships to subscriptions and events to donations.

Payment Services 211

Payment Services Shopify Merchant Services Payments 211

Kissmetrics

SEPTEMBER 7, 2020

So before we dive into my top recommendations, let’s talk about what to look for as you go through the process of finding the right software. On the other hand, tools like Wrike and Smartsheet offer more advanced and industry-specific capabilities. All of my top recommendations include this in some capacity. Industry-specific.

Management 311

Management Recommendation Marketing Customer 311

Kissmetrics

JUNE 18, 2021

A high SSI can also result in more connection requests and more people following you—which establishes you as a thought leader in your industry and makes it easier to connect with decision-makers. Do you have a cover photo, a complete job history, and recommendations? Aim high and start to follow thought leaders in your industry.

Social Media 267

Social Media Improvements Recommendation Information 267

BigCommerce

AUGUST 17, 2017

Consumers tend to place the most trust in recommendations from people they know. Does the influencer have a voice in an industry or niche relevant to your brand? Do they produce content that’s related to your industry? If so, it’s likely that their audience is also comprised of people who have an interest in that industry.

Marketing 419

Marketing Social Media Blog Clothing 419

FastSpring

APRIL 26, 2022

Last week, I canceled an annual SaaS subscription (I had three weeks left until renewal). Interestingly, even though I paid for a year-long subscription, the company didn’t let me keep the last three weeks of access to its premium features. This action will immediately downgrade your subscription. Churn Can Vary by Industry.

Payments 123

Payments Subscription Payment Services Definition 123

Ecommerce Platforms

FEBRUARY 25, 2019

This review takes an in-depth look at its features, hits and misses to help you determine if it is the right fit for your subscription business model. But first about the subscription market. The subscription industry has grown by more than 100% in the last five years. Subscription management. How does it work?

Payment Services 150

Payment Services Payments Subscription Shipping Costs 150

Kissmetrics

FEBRUARY 7, 2021

No wonder it’s one of three sites recommended by WordPress itself. Bluehost’s speed is way faster than Google‘s recommended 200ms in most countries like the US (23ms) and Canada (92ms). The industry standard for hosting companies is around 99%, but Bluehost outdoes this, with its average coming up to 99.9%.

Live Chat 291

Live Chat Subscription Reference Recommendation 291

Groove

FEBRUARY 11, 2019

Although cart abandonment varies by industry, HubSpot reports that an average of 73.9% Typically, we recommend having four-email set up in your workflow. Typically, we recommend having four-email set up in your workflow. We recommend building custom promotional offers based on your business, customers and goals.

eCommerce 258

eCommerce Payments eCommerce Platforms Recommendation 258

Smile.io

AUGUST 23, 2023

From implementing a Shopify app that captures reviews to an app that allows you to provide subscriptions to your customers, to apps that help with post-purchase offers, loyalty, SEO, and everything in between, ecommerce apps are a vital part of your business. Skio Skio is a 5-star app that helps brands sell subscriptions to their customers.

Shopify 63

Shopify Subscription Merchant Services eCommerce 63

Kissmetrics

SEPTEMBER 1, 2021

The film and gaming industries both use it regularly, for instance. Let’s Enhance is also recommended for real estate and e-commerce, where you need clear, high-quality images. Let’s Enhance has subscription, business, and pay-as-you-go options. The button will take you to the subscription deals. AI isn’t new.

Article 363

Article Subscription Demo eCommerce 363