Optimizely
JULY 24, 2018
Getting your customers to make that second purchase is crucial. Here’s how you can engineer the repeat purchase, as well as some brands that are knocking it out of the park in terms of customer retention. Just because a customer has already purchased something from you doesn’t mean you should ignore the signals they are sending.
Groove
DECEMBER 3, 2020
Successful brands typically offer a solution to their customers' problems. HubSpot automated workflows can be used to promote new content, capture abandoned carts , follow-up with customers post-purchase and so much more. Converting Your Audience Into Customers. Add additional items to their shopping cart?
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Retail TouchPoints
JULY 1, 2021
It provides them with a tool to focus on current customers’ traffic vs. leveraging illegal mediums to attract new customers. Typically, customers do not mind these often non-altruistic but profitable methods of customer retention. I now wear my dispensary T-shirt in public very proudly!”
lateshipment
NOVEMBER 8, 2023
Increasing the average order value directly boosts your store’s revenue, increases customer loyalty , and retention and reduces churn rate. How Does Average Order Value Influence Customer retention? Add gifting options Customers are shopping at your site often looking to buy gifts for their loved ones.
Omnisend
JANUARY 12, 2021
Why Customer Lifetime Value Matters for Ecommerce. It costs more to acquire new customers than it does to retain existing ones. Customer lifetime value goes beyond shot-in-the-dark customer retention strategies and allows you to identify exactly where you can get more value out of your existing customer relationships.
Omnisend
APRIL 28, 2021
Many will often reference impressive numbers with retention marketing, like how increasing customer retention by 5% leads to a 25% to 95% boost in profits. However, retention isn’t as clear-cut as this (honestly pretty old) soundbite. For example, using cart abandonment messaging within a retention marketing strategy.
Retail TouchPoints
AUGUST 15, 2022
Consider the immersive 3D billboard Fortnite x Balenciaga launched in key markets to promote their partnership. Sure, it technically was a traditional channel (outdoor advertising), but the execution was anything but traditional. Inflation and the threat of a recession are bringing discounts to the forefront.
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