This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Customer Loyalty Programs: Almost all B2B marketers strive to find a balance between acquiring new customers and retaining existing customers. However, data shows that: 33% of marketers plan to increase spending on customer acquisition, versus only 18% on customerretention. Read the ebook.
For modern ecommerce sites, the ability to immediately and consistently bring in new customers is a HUGE deal. Even if you can’t achieve net positive revenue on the initial sale, referrals, email marketing and customerretention can payoff extensively with every marginal customer. Common lead magnets include: Whitepapers.
As many as 74% of successful B2C marketers utilize this method. It's a fantastic way of providing value to customers- so, get on the bandwagon! Obviously, customerretention is key to a successful online store; repeat customers are way more profitable than one-off purchasers. B2C- business to consumer.
Well, the most popular digital products include: eBooks. Below is a list of parties that ecommerce businesses transact with: B2C: The acronym stands for Business-to-Consumer. The B2C model is simply the process of selling products and services directly to the end consumer. Photography. Video & audio tutorials. Case studies.
Giving your customers the ability to select either text or email for order notifications and providing clear communications on order tracking and delivery status will go a long way toward improving customerretention. This year, eMarketer predicts eCommerce revenue will reach $794.50
Related : The Power of CRM for B2C in eCommerce and Retail. Customer Lifetime Value is a prediction of the net profit attributed to the entire future relationship with a customer. Customer Lifetime Value is a prediction of the net profit attributed to the entire future relationship with a customer.
We organize all of the trending information in your field so you don't have to. Join 24,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content