Smile.io

FEBRUARY 2, 2024

  For this report, we analyzed over 100,000 merchants in 148 countries over two years and compared various metrics from 2023 to the previous year in 2022. Mike Rossi 2023 Customer loyalty data snapshot  The study examines key retention metrics year over year by industry and merchant size based on average monthly order count.

Customer Loyalty 92

Customer Loyalty eCommerce Customer Merchant Services 92

RetailMinded

FEBRUARY 8, 2023

Keeping this in mind, as we look ahead into 2023, we are given the choice to embrace challenge and seek opportunity or approach the year without a constructive, proactive plan. Another concern for merchants is customer retention because – let’s face it – the retail landscape is competitive.

Technology 98

Technology Merchant Services Retail Shipping Costs 98

365 Retail

JANUARY 25, 2024

89 % of businesses are planning to invest in new customer loyalty technology and approaches to improve their customers’ experience in 2024, following a turbulent year for customer retention as brands battled to retain customers amidst a spending crunch. greater than their investment.

Customer Retention 109

Customer Retention Customer Loyalty Technology Events 109

Retail TouchPoints

MARCH 25, 2024

This year, we’ll hear senior-level executives’ perspectives on how customer experiences are evolving as content, community and commerce converge. With an emphasis on customer experience, RICE has three tailored tracks to reflect the distinct interests and needs of its key audience members.

Retail 241

Retail Article Omnichannel Customer Experience 241

Smile.io

JANUARY 27, 2023

The more emotionally invested a customer is, the stronger their connection with your brand will be, and thus begins brand loyalty and an engaged community. Both the quality and quantity of engagements that your customers have with your brand are equally important. Maintaining customer engagement and loyalty to your brand is essential.

Customer 104

Customer Social Media Definition Reference 104

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. Operational aspects of returns are just as crucial.

Retail 273

Retail Shipping Costs Improvements Customer Experience 273

Smile.io

FEBRUARY 1, 2023

We have compiled a list of 23 Black-owned small businesses to support in 2023 from four different categories—fashion and accessories, beauty and skincare, haircare, home and lifestyle, and food and beverage. We’re looking at the top 10 examples of CSR used as a customer retention tool. Blog Beth Foster 4.

Food and Beverages 130

Food and Beverages Beauty and Health Gifts Accessories 130

Algopix

AUGUST 30, 2023

Whether you’re an entrepreneur seeking to enhance your marketing prowess, optimize your supply chain, or enhance customer experiences, podcasts offer a platform to dive deep into these areas and more. The post The Best 15 eCommerce Podcasts for Sellers in 2023 appeared first on | Algopix.

eCommerce 108

eCommerce Shopify Information Technology 108

Retail TouchPoints

JANUARY 2, 2024

To drive customer retention and loyalty, most brands and retailers continue to rely on purchase discounts ( 77% ) and loyalty program points ( 61% ), according to Retail TouchPoints research. Deloitte found that consumer interest in co-branded credit cards dropped 11% between 2022 and 2023. A major reason for this drop?

Consumer 294

Consumer Shipping Costs Customer Retention Information 294

Ecommerce Platforms

FEBRUARY 17, 2023

Companies can access everything from ecommerce analytics, to email marketing tools and integrations with SendinBlue to help enhance your customer retention strategy. There’s also a powerful range of tools for managing customers, sending emails, and checking analytics about your target audience. Go to the top 4.

Payment Services 118

Payment Services Management eCommerce Analytics WooCommerce 118

Ecommerce Platforms

DECEMBER 12, 2022

You can charge subscription customers according to your preferred cadence, use customer retention tools to prevent churn when customers cancel, and even use Shop Pay and Apple Pay for accelerated checkout. The post The Best Shopify Subscription Apps for 2023 appeared first on Ecommerce Platforms.

Subscription 118

Subscription Shopify Merchant Services Shipping Costs 118

Omniconvert

NOVEMBER 25, 2022

Today we'll look at the Customer Satisfaction Score (CSAT): what it means, how it differs from other CX metrics, and how it contributes to improved CLV. The post Customer Satisfaction Score – will it matter in 2023? appeared first on Omniconvert Ecommerce Growth Blog.

Customer 78

Customer Blog Improvements eCommerce 78

GetElastic

NOVEMBER 9, 2021

Let’s take a quick look at some of the survey’s key statistical findings: By 2025, 75% of B2B manufacturers will sell to their customers directly via digital commerce. By 2023, 75% of organizations selling directly to consumers will offer subscription services, but only 20% will succeed in increasing customer retention.

B2C 146

B2C B2B Customer Retention Subscription 146

Smile.io

MAY 12, 2023

You can run a single campaign at first and work up towards embedding a donation option as a permanent part of your customer experience. As with any campaign, cause marketing is only effective when your customers know about it. Here is a list of the 10 best socially responsible initiatives for customer retention.

Shipping Costs 91

Shipping Costs Shipping Customer Retention eCommerce 91

Retail TouchPoints

AUGUST 15, 2022

Results from Retail TouchPoints’ annual Customer Loyalty and Personalization Benchmark Report reaffirm that retailers are focused on building a strong foundation of first-party data to support their supply chain, in-store services, omnichannel marketing and experiential strategies. . Invest in Your People .

Customer Loyalty 232

Customer Loyalty Customer Retail Shipping Costs 232

Omnisend

JANUARY 8, 2024

Instead, you can build customer retention by nurturing solid relationships through: Excellent customer service Personalized interactions Attractive incentives In this article, we’ll look at effective strategies you can use to drive more repeat purchases for your business. Start free today See pricing What is a repeat customer?

Customer 89

Customer Customer Retention Social Media X-cart 89

Smile.io

JULY 7, 2023

Increases customer retention Customer retention is the key to sustainable and long-term growth for ecommerce brands. According to our data at Smile.io , on average, the top 10% of customers spend 2 times more per order than the lower 90%. Blog Mike Rossi 2. Blog Jonathan Roque 4.

Customer Retention 92

Customer Retention Blog Customer Experience Jewelry 92

Smile.io

SEPTEMBER 1, 2023

Improve your Customer Churn Rate with outstanding customer experience The key to improving your customer churn rate is to provide an outstanding customer experience. It’s estimated that 61% of consumers say they will switch to a competitor after one bad customer experience.

Customer Retention 80

Customer Retention Mobile Improvements Customer Experience 80

lateshipment

NOVEMBER 8, 2023

This is one question which always arises from a customer. What do you provide for me other than the product, is what the customer in 2023 wants to know? Especially during the holiday season when the customers are in a rush? This not only increases conversion rates but also establishes a good customer experience.

eCommerce 130

eCommerce Social Media Definition Gifts 130

Ecommerce Platforms

JANUARY 22, 2023

There’s also the benefit of driving customer retention and satisfaction by generating embedded quotes within emails and your website. Although it’s perfectly suitable for beginners, Stripe has production-ready tools for building and maintaining a completely unique customer experience. What are the Fees? 2.9% +$0.30

Payment Services 104

Payment Services Merchant Services Payments ACH 104

365 Retail

AUGUST 11, 2023

With the cost-of-living squeezing consumers’ disposable incomes and ebbing away at customers’ loyalty propensities, retailers are facing higher levels of customer churn, the latest research from insights-led customer engagement platform, MoEngage , suggests.

Customer Retention 52

Customer Retention Customer eCommerce Retail 52

Algopix

JULY 16, 2023

This streamlines marketing efforts and enhances customer experiences. By including personalized product recommendations, tailored offers, and customized content, businesses can drive higher engagement and sales. The post Best 20 Email Marketing Software for eCommerce in 2023 appeared first on | Algopix.

eCommerce 92

eCommerce Marketing eCommerce Platforms Recommendation 92

GetElastic

APRIL 28, 2022

Boosted Customer Loyalty : As a result of the direct relationship brands can facilitate with customers, they can build a more loyal customer base. Through Contentful and social media, Glossier has created a strong, loyal customer base and enhanced customer experiences. Their instagram page consists of 2.6

Payment Services 78

Payment Services eCommerce Customer Retention Demo 78

lateshipment

NOVEMBER 26, 2023

This term is coined as “ The one-time shopper dilemma ”, where e-commerce businesses are unable to convert one-time shoppers into repeat customers due to unfavorable customer experiences. 76% of customers say that an unacceptable customer experience would affect their decision to order from the company again.

Shipping Costs 130

Shipping Costs eCommerce Order Fulfillment Shipping 130

Smile.io

SEPTEMBER 5, 2024

This can help predict revenue,  connect the dots with customer experience, identify valuable customers, and make marketing decisions.  After all, customer retention is about keeping loyal customers, as opposed to acquiring new ones , which is more costly and unpredictable.

Customer Loyalty 73

Customer Loyalty Customer Customer Retention Reference 73

Algopix

JULY 13, 2023

CRM is vital for eCommerce businesses as it allows them to gain a deep understanding of their customers, their preferences, and their purchasing behaviors. By leveraging CRM systems, businesses can personalize customer experiences, target marketing campaigns more effectively, and optimize sales processes.

eCommerce 78

eCommerce Payment Services Management Customer 78

lateshipment

NOVEMBER 4, 2024

Delayed shipments are more than an operational inconvenience; they come with hidden costs that affect customer retention and brand reputation. For e-commerce businesses, minimizing these additional costs and ensuring on-time delivery are key to maintaining customer trust and satisfaction. Additional Handling – CAD $7.70

eCommerce 130

eCommerce Shipping Costs Shipping Operations 130

Retail TouchPoints

MAY 8, 2024

One of the biggest reasons, according to data from Contentsquare , is that while merchants are investing in paid advertising to drive more traffic to their sites, their experiences are riddled with experience gaps that ultimately create frustration for shoppers. Additionally, overall ecommerce conversions decreased by 5.5%.

Merchant Services 266

Merchant Services eCommerce Channel Mobile 266

Retail TouchPoints

MAY 23, 2023

In celebration of Earth Day 2023, the brand also launched a partnership with Sway , the regenerative design company and 2023 Winner of the Tom Ford Plastic Innovation Prize, to release a limited-edition Wine-Ote’s note card.

Specialty Retailers 256

Specialty Retailers Consumer Social Media Accessories 256

Sailthru

JUNE 1, 2023

Interactive digital experiences can help build brand loyalty while delivering key details about your customer’s interests and future purchase intent. The importance of data to strengthen customer retention and sales is well-known by most businesses.

Travel 78

Travel Customer Retention Demo Information 78

iVend

MARCH 14, 2023

But this isn’t simply a return to 2019 – the post-pandemic shoppers of 2023 have higher expectations and demands. 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’.

POS 98

POS Point of Sale Mobile Payment Services 98

Smile.io

FEBRUARY 7, 2023

They offer tidbits on how to fuel growth in 2023 and trends ecommerce brands should try. Customer Behavior Jean Francois, ShipperHQ Jean Francois from ShipperHQ The pandemic brought the surge of alternative shipping methods such as BOPIS, curbside pickup, and local delivery, to get products into the hands of consumers.

eCommerce 104

eCommerce Shipping Costs Social Media Merchant Services 104

lateshipment

OCTOBER 2, 2024

Boost brand awareness – With customers actively looking for deals, BFCM creates the opportunity for you to dramatically boost your brand’s visibility by running well-targeted marketing campaigns and increasing your share of voice in a competitive market. Test your website’s performance and optimize page speed. Happy Holidays!

eCommerce 130

eCommerce Social Media Shipping Costs Home Furnishings 130

Smile.io

SEPTEMBER 17, 2024

Calculating repeat purchase rate  6 tips to get more repeat customers in Shopify How to get started with effective customer retention Getting started with Smile.io   Email and SMS marketing are two of the most effective channels to build customer retention because they’re hard to miss and keep you top of mind.

Shopify 46

Shopify Merchant Services Subscription Customer Retention 46

Smile.io

MAY 11, 2023

Customers are demanding more than just a great product these days. Having a good product and offering a delightful customer experience is a good starting point–but it’s no longer the end all be all. Chief Growth Officer at Sifted, Caleb Nelson shares some insights from their 2023 Ecommerce Sustainability report.  

Shipping Costs 46

Shipping Costs Shipping eCommerce Improvements 46

Smile.io

JANUARY 23, 2023

So how did this company build such a loyal following of customers surrounded by so many competitors? Tarte's community-building strategy is a large piece of the brand’s loyalty puzzle, with their customer retention program, tarte perks helping the cause. Blog Beth Foster 3. Blog Gabrielle Policella 3.

Customer Retention 47

Customer Retention Social Media Customer Blog 47

Smile.io

MARCH 22, 2024

Your entire brand experience should work together to deliver the best customer experience possible. Your customer retention behavior will naturally fluctuate with sale cycles and seasonality. How can you improve your customer retention strategy if you can’t analyze your performance?

Customer Loyalty 91

Customer Loyalty Merchant Services Shopify Shipping Costs 91