RTP blog

JULY 14, 2017

By Tom Byrnes, Vesta Merchants today are seeing an increase in revenue losses and fraud costs due to an often overlooked and hard-to-spot problem: account takeovers. In 2015 alone, they grew by 36%, according to a recent Javelin study. million victims, up 16% from the year before, according to a recent study. That’s up from $1.4

Merchant Services 150

Merchant Services Payments eCommerce Payment Services 150

Retail TouchPoints

FEBRUARY 27, 2024

Cyberattacks and network outages can disrupt operations and erode customer loyalty. This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations.

Payment Services 271

Payment Services Retail POS Operations 271

Smile.io

NOVEMBER 12, 2024

A successful ecommerce product launch can be transformative for your business. It can generate buzz, attract new customers, and boost revenue. Loyalty & Reward Program Insights from Smile.io Look at your competition Study your competitors’ products, pricing, and marketing strategies.

eCommerce 46

eCommerce Payment Services Social Media Customer Loyalty 46

Korona

FEBRUARY 9, 2023

A good customer retention program can generate significant gains in recurring revenue for your company by improving the return on your marketing and sales budget. And for the best development of a customer loyalty program, it is important to study the profile of your current customers.

Improvements 98

Improvements Payment Services POS Payments 98

iVend

JULY 15, 2022

Read more about technology that drives customer and employee satisfaction. Read more Retailers have always chased customer satisfaction. It is well established as a reliable driver of loyalty, increased revenue, credibility and effective advocate marketing.

Technology 98

Technology Payment Services Retail Payments 98

Smile.io

MAY 15, 2024

💡 Key takeaways: - Growing a commerce business involves increasing revenue with increased overhead investments. Scaling a commerce business is increasing revenue without a significant increase in operating costs. to retain customers. to retain customers. has to offer.

Payment Services 53

Payment Services Merchant Services eCommerce Payments 53

Retail TouchPoints

NOVEMBER 11, 2021

On the same day, Devora Rogers of market research consultancy Alter Agents shares results from the firm’s new study, including the depths of shopper “promiscuity” as customer loyalty fades and consumers constantly examine new options. New platforms for engagement and revenue. 16 from 12 to 12:30 p.m.

Merchant Services 332

Merchant Services Cryptocurrencies Payments Payment Services 332

GetElastic

DECEMBER 9, 2020

This makes it more important than ever for both B2B and B2C businesses to invest in digital commerce and diversify their go-to-market strategies. Is your business set up to take advantage of these trends? Diversified Revenue Sources. Selling strictly analog products is no longer enough. Expanded Digital Go-To-Market Approaches.

Payment Services 113

Payment Services Payments B2B B2C 113

Ecommerce Platforms

SEPTEMBER 1, 2022

A Point of Sale system, or POS, is the solution you use to process payments, manage business functionality, and even track insights in a brick-and-mortar environment. Payment processing: Ensure your point of sale is ready to take payments in a range of different formats, from contactless Apple Pay and Google Pay, to PayPal.

POS 197

POS Payment Services lightspeed Payments 197

Korona

AUGUST 17, 2022

Business insurance cost. Payment processing. A great tip for saving on rent is to look to open your store outside of major cities and carefully study your market. If you don’t want to lose the traffic potential of a city or other busy area, you can also opt for a smaller than average store. Legal fees.

Shipping Costs 52

Shipping Costs Payment Services Payments Small Business Retail 52

UpSellIt

MARCH 22, 2023

If you’re looking to build stronger relationships with your customers, it’s not just about selling them a product. What really sets your business apart is delivering a great customer experience. Upselling involves persuading customers to buy more by offering them a better version of what they already want.

Payments 78

Payments Payment Services Recommendation Customer Loyalty 78

Algopix

JANUARY 22, 2024

This comprehensive guide will explore proven techniques to maximize repeat purchases and cultivate customer loyalty on Amazon. Harnessing the Power of Repeat Purchases The value of repeat customers to an eCommerce business cannot be overstated. Provide multiple payment methods and save payment info for faster checkout.

eCommerce 110

eCommerce Shipping Costs Payment Services Social Media 110

FastSpring

JULY 12, 2019

Net Promoter Scores and customer satisfaction ratings are two very important KPIs for any customer experience program since they help your business measure customer loyalty and satisfaction. However, there’s one metric that doesn’t get as much attention—customer lifetime value.

Subscription 67

Subscription Payment Services Payments Customer 67

iVend

APRIL 12, 2022

According to one study, 76% of respondents say that increasing loyalty is a priority for their companies, yet just 33% say that CLV is a reported and valued KPI. So why is understanding and increasing customer lifetime value so important, and how can retail stores achieve it? Mobile POS – for in-aisle service and orders.

Payment Services 98

Payment Services Customer Retail Payments 98

Fabric

MAY 31, 2023

Promotions engines are essential for creating, tracking, and delivering promotions to customers. According to the 2020 Shopper Story study by Criteo, 93% of US shoppers cite discounts and promotions as driving factors when deciding which retailers or brands to patronize. Should you Build or Buy a Promotions Engine?

Shipping Costs 130

Shipping Costs X-cart eCommerce Retail 130

Fabric

MAY 31, 2023

Promotions engines are essential for creating, tracking, and delivering promotions to customers. According to the 2020 Shopper Story study by Criteo, 93% of US shoppers cite discounts and promotions as driving factors when deciding which retailers or brands to patronize. Should you Build or Buy a Promotions Engine?

Shipping Costs 130

Shipping Costs X-cart eCommerce Retail 130

Fabric

MAY 31, 2023

Promotions engines are essential for creating, tracking, and delivering promotions to customers. According to the 2020 Shopper Story study by Criteo, 93% of US shoppers cite discounts and promotions as driving factors when deciding which retailers or brands to patronize. Should you Build or Buy a Promotions Engine?

Shipping Costs 130

Shipping Costs X-cart eCommerce Retail 130

BigCommerce

JUNE 27, 2017

According to a study conducted by professor Brent Coker , shoppers trust ecommerce stores 30% less than they trust brick and mortar stores. Extensive studies by Stanford professor B.J. Ecommerce is a very competitive business, and companies are always striving to gain an advantage over their rivals. Upfront disclosure.

Improvements 275

Improvements eCommerce Payment Services Merchant Services 275

FastSpring

DECEMBER 18, 2020

As of 2019, B2B ecommerce sales globally have surpassed $12 trillion in revenue. According to Statista, B2B sales are now 6X larger than the business-to-consumer (B2C) market. Those in charge of making B2B buying decisions aren’t stuck in a mindset of doing business over fax or phone.

B2B 147

B2B eCommerce Payment Services SEO 147

Shopping Signals

APRIL 17, 2023

BigCommerce is a comprehensive e-commerce platform that allows businesses to create and manage their own online store. It provides a range of features designed to help small and medium-sized businesses succeed, such as customizable product listings, website building tools, payment processing, marketing, and more.

BigCommerce 52

BigCommerce SEO Payments Payment Services 52

BigCommerce

AUGUST 17, 2018

Studying at night about photography, lighting, and modeling poses became a six-month undertaking.”. Add a line into your metadata to include the following in your item description: Free/Discounted Shipping on orders over to encourage customers to spend more, and increase your AOV. Choose your payment methods.

Payment Services 357

Payment Services Shipping Costs eCommerce Payments 357

Kissmetrics

OCTOBER 29, 2020

Winning marketers study their audience. Almost 60 percent of the elite marketers featured in their study conduct audience research once or more per month. Goals like increasing monthly recurring revenue by 15 percent or boosting your conversion rate by 3 percent are good examples of quantitative goals.

Marketing 363

Marketing Document Channel Social Media 363

UpSellIt

JULY 13, 2023

Take a look at the key omnichannel strategies your brand should implement to strengthen client relationships, boost customer loyalty, and increase revenue. Tailor promotions, recommendations, and messages based on your customers’ preferences and behaviors. Ready to learn more?

Omnichannel 102

Omnichannel Multichannel Payment Services Retail 102

Korona

AUGUST 23, 2022

And the numbers speak for themselves – subscription business revenues are growing five times faster than S&P 500 companies. From a business perspective, subscription commerce offers a stable financial model based on recurring monthly revenues built around almost any niche. What Is a Subscription Service?

Subscription 52

Subscription Payment Services Shipping Costs Payments 52

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. According to Swirl , from 2015 to 2020, revenue from online video commerce went from $3.5 Subscriptions Build Up Customer Loyalty. billion to $17.6

Payment Services 78

Payment Services eCommerce Customer Retention Demo 78

lateshipment

AUGUST 13, 2021

This means a huge opportunity for your dropshipping store to cross your sales target and break your revenue records. Dropshipping is gaining momentum and slowly becoming a more preferred choice than traditional eCommerce businesses as it helps businesses profit by selling products online without managing inventory on their own.

Shipping Costs 130

Shipping Costs Payment Services Shipping Social Media 130

GetElastic

NOVEMBER 19, 2019

A recent study shows that 82 percent of B2B marketers spend more on customer acquisition than retention. Whereas, only 48 percent actually prioritized B2B loyalty. And, we all know customer acquisition costs more than retention. More so, customer retention is easier and more cost-effective to execute.

B2B 104

B2B Payment Services B2C Payments 104

Kibo

FEBRUARY 3, 2023

In the midst of uncertain economic times, many businesses are considering subscription business models and how they can be used to drive customer loyalty. Self-service is quickly turning into a must-have for eCommerce businesses. Ability to update their shipping address and payment method.

Customer Retention 62

Customer Retention Subscription Payment Services Customer 62

Kissmetrics

MARCH 12, 2018

Personalization and customization are frequent topics in conversion optimization. Simply put, customers are more likely to make a purchase from you when they feel like a brand better understands what it is they want. In fact, one study from Janrain found that 73% of customers are fed up with being shown irrelevant content.

eCommerce 185

eCommerce Shipping Costs Payment Services Conversion Optimization 185

Kibo

SEPTEMBER 14, 2021

In a recent McKinsey study of B2B decision makers, 80% of respondents claimed that the higher reliance on digital channels for B2B purchases is here to stay. Digital-first B2B leaders outperform their peers for key metrics including revenue growth, operating profit growth, and return-to-shareholder growth. Source: McKinsey.

eCommerce Platforms 62

eCommerce Platforms Payment Services B2B eCommerce 62

Korona

SEPTEMBER 29, 2022

Hence, opening a c-store can be a great business opportunity for entrepreneurs. In order to stay relevant and optimize your shop’s efficiency and revenue, you’ll need to keep up with convenience store industry trends. Accept Modern Payment Options. Nevertheless, this industry comes with considerable competition.

Payment Services 52

Payment Services POS Point of Sale Food and Beverages 52

Kissmetrics

MARCH 23, 2018

This might mean that you focus on curating products that meet customer demands rather than trying to be ultra-competitive on product pricing. Studies show that after customer experience, the second biggest reason a customer will ditch your brand is dissatisfaction with the product itself. You probably don’t.

eCommerce 210

eCommerce Shipping Costs Subscription Payment Services 210

GetElastic

MAY 14, 2019

While it has made it easier for businesses to find out the issues that audiences need to be addressed, it has also made it easier for people to share negative reviews and comments about businesses. Studies show that 74 percent of customers read two to ten peer reviews before they trust a brand.

Management 140

Management eCommerce Social Media Payment Services 140

Ecommerce Platforms

AUGUST 11, 2022

DSers and Spocket are both tools designed to make dropshipping a little easier, by embedding apps into your existing ecommerce solution. You can also process orders to AliExpress instantly and make payment in bulk. You can send dropshipping products to customers within 2-5 days or less.

Shipping Costs 104

Shipping Costs Payment Services WooCommerce Shopify 104

BigCommerce

FEBRUARY 1, 2018

Can I sell directly to customers on Facebook, eBay, Amazon, and Pinterest without managing separate inventories? What options do I have to accept payments? Pick a payment gateway. Payment gateways are how you collect money from your customers. You also want to pick something that can grow with your business.

Shipping Costs 411

Shipping Costs Merchant Services Payment Services BigCommerce 411

Ecommerce Platforms

JULY 5, 2019

By use of your iPad, you can take payments and issue receipts from where your customers are sitting. You don't have to deal with long lines anymore so as to complete the checkout process. Like any other POS system, Bindo has an all-inclusive payment gateway. CRM and Customer Loyalty. Credit Card Processing.

POS 91

POS Payment Services Merchant Services Payments 91

FastSpring

MAY 13, 2021

Customers like options, especially when it comes to subscription products. They want to be able to customize the features they pay for, the length of their term, and payment frequency. These security measures not only keep customer data safe, but they help prevent the loss of revenue due to fraud. Increased sales.

Payment Services 78

Payment Services Shopping Carts eCommerce Mobile 78