Remove Customer Data Remove Customer Loyalty Remove Management
article thumbnail

How Retail Businesses Can Use Customer Data to Enhance Targeted Marketing

Retail TouchPoints

Reward Your Most Loyal Customers. Loyalty programs offer another tool to track buying behavior and gather customer data while also driving additional revenue. The global loyalty management market stood at $2.47 billion in 2019 and is projected to reach $10.02 during the forecast period.

article thumbnail

Balancing Privacy and Personalization: The Key to Customer Loyalty 

Retail TouchPoints

This is before they even address the issue of managing customer data. Customers are also becoming more wary of the way retailers are storing their data. Businesses need to be transparent about their data protection approach and adapt existing procedures in line with digital innovation and regulatory expectation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Holiday Shopping Trends and Payments Innovations: Experience as Competitive Advantage

Retail TouchPoints

This is an opportunity to not only capture share of wallet but also build lasting customer loyalty and trust. Empowering the ability to split the cost of a purchase into smaller, manageable payments over time makes larger purchases more accessible. Payments technology is central to the shopping experience. Prior to J.P.

article thumbnail

Top 10 Best Returns Management Software Providers in 2025

lateshipment

For an e-commerce business, managing product returns can feel like trying to herd catschallenging and, at times, downright chaotic. Clearly, a smooth returns experience isn’t just a nice-to-have; it’s a must to build a loyal customer base. What is Returns Management Software?

article thumbnail

12 Proven Customer Retention Strategies in Retail

RETAIL MANAGEMENT SOFTWARE

Retaining customers not only ensures consistent revenue but also fosters brand loyalty and advocacy. In this blog, we will explore proven customer retention strategies that retail businesses can implement to boost customer loyalty and long-term success.

article thumbnail

Preparing for the Post-Holiday Return Surge

Retail TouchPoints

Retailers unable to manage returned goods effectively and restore them to perfect conditions for their customers end up either selling these items at a significantly reduced price or disposing of them entirely. Return Management Strategies Leveraging technology can create more efficient processes for purchasing and making returns.

article thumbnail

Personalization: The Key To A Powerful Customer Loyalty Program

RTP blog

According to a study by Bond Brand Loyalty, the average customer belongs to more than 14 loyalty programs; however, they are only active in about half of them. The lack of activity indicates that brands struggle to remain relevant with the customers that have opted into their loyalty program.