Smile.io

MARCH 12, 2020

Customer retention is the key to fostering truly loyal customers. These customers make more purchases than one-time shoppers, promote your brand to their networks, and become your best brand advocates. If customer retention wasn’t already on your mind, it needs to be! Challenge customers with gamification.

Customer Retention 46

Customer Retention Customer Beauty and Health Subscription 46

Smile.io

MARCH 12, 2020

Customer retention is the key to fostering truly loyal customers. These customers make more purchases than one-time shoppers, promote your brand to their networks, and become your best brand advocates. If customer retention wasn’t already on your mind, it needs to be!

Customer Retention 46

Customer Retention Customer Beauty and Health Subscription 46

Korona

AUGUST 23, 2022

And even better, they can order a subscription box and receive their products regularly without thinking about it. And the numbers speak for themselves – subscription business revenues are growing five times faster than S&P 500 companies. But the most critical question is how to start a subscription business.

Subscription 52

Subscription Payment Services Shipping Costs Payments 52

Retail TouchPoints

JANUARY 18, 2022

For long-term engagement post-holidays, you can encourage shoppers to share their favorite holiday purchases on social media for the chance to get money back in the form of a rebate. Offer personalized benefits that evolve with customer needs. It’s no longer just a nice-to-have — it’s an expectation for consumers.

Customer Retention 284

Customer Retention Social Media Shipping Point of Sale 284

Korona

MARCH 25, 2022

Given that the probability of an existing customer returning to purchase something at your store is 60-70% compared to the 5-20% chance of converting a new customer, it’s no surprise that eCommerce brands are prioritizing customer retention. Subscription programs. Social media engagement.

Customer Loyalty 98

Customer Loyalty eCommerce Customer Social Media 98

RetailMinded

FEBRUARY 18, 2023

Did you know that the cost of attracting a new customer is five times more than the cost of retaining the existing one? Because of these exorbitant costs of customer acquisition, businesses are shifting their focus on customer retention to drive repeat purchases among customers. Check out the screenshot below.

Social Media 52

Social Media Customer Retention Subscription Retail 52

ESW

MAY 23, 2018

Subscription programs can strengthen customer loyalty, reduce inventory risk, increase the lifetime value of each customer and boost ROI. The growth of subscription box services has been exponential over the past four years. It’s simple enough to manage 50 subscription orders each month, but what about 50,000?

Payment Services 60

Payment Services Subscription Operations eCommerce 60

Smile.io

SEPTEMBER 22, 2020

Online subscription models are hard to maintain but come with a great reward. Today, there’s absolutely no use in trying to implement contracts or minimum subscription periods. This leaves you with the question, how can you implement strategies to reduce churn in your subscription business and maintain happy customers?

Subscription 46

Subscription Social Media Customer Retention Article 46

Omnisend

SEPTEMBER 29, 2021

One of the best ways to do this is by increasing customer retention rates. In this article, we’re going to discuss the best ways to identify customers that are an immediate ecommerce churn risk. Using churn management strategies you’ll be able to quickly prioritize your marketing efforts toward these high-risk customers.

Customer 148

Customer Customer Retention Social Media Merchant Services 148

GetElastic

APRIL 28, 2022

Through Contentful and social media, Glossier has created a strong, loyal customer base and enhanced customer experiences. million followers with a content mix of customer reviews, product promotions, and influencer partnerships to draw in more customers. Subscriptions Build Up Customer Loyalty.

Payment Services 78

Payment Services eCommerce Customer Retention Demo 78

Smile.io

JANUARY 30, 2024

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.

Customer Loyalty 85

Customer Loyalty Customer Jewelry Social Media 85

Payoneer

NOVEMBER 6, 2018

Online sellers should put at least as much effort into customer retention as you do into acquisition. A strong retention strategy pays big dividends in the long run for your business. The following is an overview of key strategies and tips to help you retain customers and optimize your profits. Leverage Social Media.

Customer Retention 20

Customer Retention Customer Social Media Subscription 20

Retail TouchPoints

JUNE 23, 2022

If your customers are largely Gen Z students and millennial parents, accurate personalization can set you apart from competitors by making it easy for busy back-to-school shoppers to find exactly what they need. You can also use personalization data to create bundle and subscription offers tailored for your BTS customers.

Payment Services 298

Payment Services eCommerce Payments Retail 298

Smile.io

MARCH 8, 2024

With smartphone subscriptions reaching 6.4 Online shopping and social media use are on the rise source: Backlink.io billion people used social media platforms last year.  More than 88% of global mobile phone users use social media platforms. Think about the following statistics: Around 4.59

Social Media 80

Social Media Customer Loyalty Customer Retention eCommerce 80

SellBrite

JUNE 7, 2017

Savvy business owners know that customer retention is worth its weight in gold. The numbers say it all: it costs five times more to bring in a new customer than it does to maintain a current one and the odds of making a sale to a current customer are 60-70 percent compared to only a 5-20 percent chance of selling to a new lead.

Customer Loyalty 161

Customer Loyalty Social Media Customer Customer Retention 161

Kissmetrics

DECEMBER 8, 2020

Maybe it’s a purchase, a subscription, or just free trial signup. Finally, when users see your mobile ads on social media, they are often hearing about your business for the first time. The most effective social media ads raise awareness for your brand. Another type is social media engagement.

Mobile 363

Mobile Social Media Article Payment Services 363

ROI Revolution

MAY 6, 2021

After all, a 2017 Harvard Business Review study found that customers who use multiple channels rather than a single channel spent an average of 4% more when shopping in-store and 10% more when shopping online. DNVBs getting off the ground through subscription-based commerce. Making Social Media Even More Shoppable.

Omnichannel 135

Omnichannel Merchant Services Social Media Payment Services 135

RETAIL MANAGEMENT SOFTWARE

APRIL 24, 2023

Loyalty programs that promote social responsibility and sustainability can build customer loyalty and improve brand reputation and customer loyalty. Subscription-based Loyalty Programs Subscription-based loyalty programs are gaining popularity in retail, especially in e-commerce.

Customer Loyalty 83

Customer Loyalty Customer Retail eCommerce 83

Smile.io

SEPTEMBER 6, 2023

In order to combat all the increased competition many nutrition and supplement companies are looking at implementing a customer retention strategy through loyalty programs. These rewards fit perfectly well for First Person, as subscriptions are ideal for supplement and nutrition brands.

Subscription 89

Subscription Social Media Shipping Costs Reference 89

Kissmetrics

JULY 31, 2021

At this early stage, use visually engaging content such as videos, short blog posts, and social media posts to introduce your company and emphasize your brand story. Consider what you can learn from their landing pages, social media channels, and blogs. How are they reeling in potential customers?

Download 361

Download Social Media Subscription Customer 361

BigCommerce

APRIL 18, 2018

This is where you should be tracking and analyzing metrics related to inbound traffic to your store, email, and social media engagement. According to Bain & Company , a 5% increase in customer retention rate will result in a 25% to 95% increase in profits. A repeat customer can provide a ton of value to a business.

Download 418

Download eCommerce Social Media Shopping Carts 418

Optimizely

AUGUST 7, 2018

How many times have they visited your brand website, opened your emails, or liked posts on social media? Collecting this data — and bringing it all together to get a single view of the customer — is key to understanding each shopper as an individual. It really all comes down to: Are they a long-term loyal customer?

Marketing 199

Marketing eCommerce Multi-channel Customer Retention 199

Omnisend

SEPTEMBER 29, 2021

One of the best ways to do this is by increasing customer retention rates. In this article, we’re going to discuss the best ways to identify customers that are an immediate ecommerce churn risk. Using churn management strategies you’ll be able to quickly prioritize your marketing efforts toward these high-risk customers.

Customer 78

Customer Customer Retention Social Media Merchant Services 78

Retail TouchPoints

SEPTEMBER 21, 2021

You have to have [social media] surveillance of course, but a better strategy is to use actual cloud-based software-as-a-service that handles the spikes for you,” Goetsch noted. You want to customer service the heck out of your customers. “If 5 Tips for Doubling Your DTC Subscription Growth.

Payments 264

Payments Payment Services Customer Experience Social Media 264

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 Gabrielle Policella 5.

Customer Retention 92

Customer Retention Blog Customer Experience Jewelry 92

FastSpring

OCTOBER 27, 2021

Bookyourdata.com offers a loyalty program that includes lesser fees, faster service and 24/7 support from our customer services staff. Repeat customers also get several charges waived for our services,” CEO Gary Tailor explained. They allow current users to gift a subscription to their friends and family members for as little as $1.

Payment Services 78

Payment Services Customer Gifts Subscription 78

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

BigCommerce

SEPTEMBER 21, 2018

Earn commissions on actions like email sign-ups, social media follows, form submissions, content downloads, etc. After all that, there are some final factors you need to consider when calculating commissions, including customer retention and lifetime value. Know your customer retention rate.

eCommerce 344

eCommerce Customer Retention Payments Management 344

GetElastic

MAY 15, 2019

Some of them are free and others come with a subscription fee (usually a free trial is offered to test first). Smile helps increase customer retention by rewarding repeat customers building brand loyalty. Content is a great way to connect with customers and web stores noticed. Source: Mailchimp. #6 Source: Canva.

eCommerce 154

eCommerce Shipping Costs Shipping Subscription 154

Kissmetrics

MARCH 23, 2018

Amazon has a lot of the same problems that most retailers have when dealing with customer service. They still deal with customer complaints with varying degrees of success, just like everyone else. And customer experience can play a big role in customer retention and loyalty. Consider adding subscription services.

eCommerce 210

eCommerce Shipping Costs Subscription Payment Services 210

365 Retail

JUNE 5, 2024

In order to meet customers’ needs, however, you must first identify them, and you can do so by using different methods like customer surveys, focus groups, social media listening, and customer journey mapping. In other words, the more purchases customers make, the more reward points they earn.

Customer Loyalty 52

Customer Loyalty Customer Retail Customer Retention 52

FastSpring

APRIL 26, 2022

Last week, I canceled an annual SaaS subscription (I had three weeks left until renewal). Interestingly, even though I paid for a year-long subscription, the company didn’t let me keep the last three weeks of access to its premium features. This action will immediately downgrade your subscription. What Is Churn?

Payments 118

Payments Subscription Payment Services Definition 118

MagentoBrain

APRIL 11, 2023

Customer Service - We analyzed stores that provide exceptional customer service and support, which is crucial for customer retention and loyalty. Product Quality - We considered stores that offer high-quality products that meet customer expectations, which helps build trust and credibility.

Shopify 52

Shopify Beauty and Health Social Media Food and Beverages 52

RetailMinded

SEPTEMBER 30, 2023

Personalization and Customer Engagement In an age where consumers are constantly bombarded with choices, personalization guides retailers toward meaningful interactions. Additionally, utilizing social media scheduling tools and influencer marketing can help maintain a consistent brand presence online, further engaging customers.

Customer 96

Customer Retail Customer Retention Recommendation 96

Smile.io

APRIL 14, 2020

Jimmy Joy One of the best ways to increase your customer repeat purchase rate is through subscriptions. By charging your customers a weekly, bi-weekly, or monthly fee for a continuous shipment of products, you are locking them in for the long-term. Using UGC shows both new and returning customers that people enjoy your brand.

Social Media 88

Social Media Clothing Subscription B2B 88

Smile.io

APRIL 14, 2020

One of the best ways to increase your customer repeat purchase rate is through subscriptions. By charging your customers a weekly, bi-weekly, or monthly fee for a continuous shipment of products, you are locking them in for the long-term. Using UGC shows both new and returning customers that people enjoy your brand.

Social Media 88

Social Media Clothing Subscription B2B 88

Smile.io

MARCH 14, 2023

Unwind Studio removes this barrier by making the craft accessible to all customers. Customers can shop by level or size, as well as including tons of tutorials and value-added content through their website, blog, and social media. 🧵 “The loyalty program is crucial for our customer retention strategy.

Hobbies 70

Hobbies Beauty and Health Social Media Arts 70