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[eCommerce 2021] A Step-by-step Guide to Customer Retention

lateshipment

Did you know that the average Customer Retention Rate (CRR) is just around 35% for eCommerce businesses. Just take a look at these stats 65% of a company’s business can be credited to existing customers. Companies have to spend 7 times more to get a new customer than to retain an existing one. Leverage email marketing.

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Top 10 Customer Loyalty Programs of 2023

Smile.io

Loyalty programs are essential for customer retention and a necessary foundation for building customer loyalty in ecommerce. Whether it’s a points program, a simple referral program, or a multi-tiered VIP program, a loyalty program aims to turn one-time customers into repeat customers and build a loyal following.

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Best Shopify Apps for Fashion Stores

Ecommerce Platforms

Add Klarna to your Shopify store and you’ll likely increase customer retention. Klarna makes its money by offering the service in question, which means that it’s happy to let Shopify stores like yours implement it in their page builder and move right along—no subscription fees required. Camweara Jewelry Try?on.

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5 Benefits of Building an Online Brand Community

Smile.io

Pura Vida Bracelets sells its customers on a feeling  Pura Vida Bracelets has been a staple jewelry and bracelet brand for Millennials and now Gen Z. Increases customer retention Customer retention is the key to sustainable and long-term growth for ecommerce brands. Blog Mike Rossi 2.

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The Expert Loyalty Program Tips You Need for Your Industry

Demac Media

Luckily for you, we’ve put together a list of the most important features for reward programs in cosmetics, apparel, food & beverage, jewelry, and subscriptions. Paying a fortune to acquire a one-time customer who provides you slim margins is not a smart move. Jewelry Pro Tip: Incentivize Amazing Visuals.

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The State of Ecommerce Customer Loyalty in 2023

Smile.io

Clothing and Jewelry remains the top category in 2023, while Home Goods saw the most significant increase of 20.9% Customer Lifetime Value 💡 Customer Lifetime Value is the average total value of all orders placed at a store with a Smile.io reward discount code over a customer’s lifetime. YoY increase.

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12 Sustainable Small Businesses to Support Without the Guilt

Smile.io

 The Sustainable Book Club A screenshot of The Sustainable Book Club’s subscription box page. This UK-based book subscription service offers customers the chance to find some great vintage reads and sustainable treats for a cozy afternoon of reading. A screenshot from Ocean & Co’s jewelry product page.