✨ The holiday season is a golden opportunity for ecommerce. But the smartest brands know the real magic happens when the sales are over. ✨ 🥷 Customer retention is your secret weapon for long-term growth: ✅ 67% more spend from repeat customers. ✅ 60-70% chance of selling to existing customers vs. 5-20% for new ones. This year, think beyond transactions. Build relationships. Check out our five proven strategies to keep your holiday shoppers loyal into 2024. ⤵️ Ready to turn seasonal buyers into lifelong customers? Let’s go. 🚀
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🚀 Ready to turn one-time buyers into lifelong customers? 🚀 In today’s competitive landscape, winning new customers is important—but creating loyal, returning customers is where true growth happens. 🤝💡 Our latest article dives into strategies for increasing customer retention—from nailing that crucial first impression to implementing loyalty programs that really work. The best part? These approaches are straightforward and can boost profits by as much as 95%! 📈🔥 Whether you're running an e-commerce store or managing a service-based business, these proven methods will help you build stronger relationships and keep customers coming back for more. 💥 Don’t miss out—read the full article here! https://lnkd.in/dtwMfeR4 #CustomerLoyalty #BusinessGrowth #CustomerRetention #Ecommerce #SmallBusiness
Turning First-Time Shoppers Into Repeat Customers
platpay.com
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The most successful commerce brands focus on customer retention. Why? Because repeat customers are more profitable than one-time shoppers… and we have the stats to prove it. 1. Repeat customers are more likely to purchase again and again. By definition, a repeat customer makes 2 or more purchases at your store. But if you can increase that to 3 or more purchases, the chance they’ll rebuy rises even more. 2. Customer loyalty pays off, literally. 35% of an ecommerce store’s revenue comes from its top 5% of loyal customers. Invest in this segment with point, VIP, and referral programs. 3. Focus on your best customers to boost AOV. Your top 1% of customers spend a whopping 2.5x more per order than the lower 99%. And your top 10% spends 2x more. When you want to increase basket size, focusing on your most loyal customers is your best bet. Ready to start making the most of your repeat customers? Launch a loyalty program with Smile.io to keep them coming back: https://ow.ly/Wvn150S0EF3 What do you do to reward repeat customers? Let us know in the comments! #CustomerLoyalty #CustomerRetention #LoyaltyPrograms #CommerceSuccess
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Looking to build a loyal customer base in ecommerce? ..Consider implementing a rewards program.. These initiatives incentivize repeat purchases and foster a sense of appreciation among customers.🫶🏻 ..Imagine a customer earns points for every purchase or referral, which they can later redeem for discounts or exclusive offers. Not only does this encourage repeat business, but it also strengthens the bond between customers and your brand. ..Rewards programs go beyond discounts; they create a sense of exclusivity and recognition, making customers feel valued and appreciated. ..By rewarding loyalty, you not only retain existing customers but also turn them into brand advocates who promote your products to others. In ecommerce, a well-executed rewards program can differentiate your brand, increase customer retention, and drive sustainable growth. ..It’s about building relationships that extend beyond transactions and creating a community of loyal supporters. ❤️🫶🏻 🤔 What program do you use for rewards and referral? #rewardsprogram #customerretention
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🔥Mastering Cross-selling in Ecommerce: Boost Your Sales Today! Welcome to the world of cross-selling in ecommerce! Cross-selling is all about suggesting additional products to customers that are complementary or related to what they're already buying. It can help increase sales, encourage customer loyalty, and boost average order values. To succeed in cross-selling, implement timely suggestions, use confirmation emails effectively, and create reminders about items in the cart. Real-life examples from major brands like Dollar Shave Club and Lancôme demonstrate the power of cross-selling in action. Don't underestimate the impact of cross-selling on your revenue! Incorporate it into your ecommerce strategy and attract more customers today. 🛒 💡Ready to learn more about mastering cross-selling? Click here to read the full article and start boosting your sales with this powerful tactic: https://lnkd.in/gphRdaBM
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🎯 𝗕𝗼𝗼𝘀𝘁 𝗬𝗼𝘂𝗿 𝗘-𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗪𝗶𝘁𝗵 𝗦𝗺𝗮𝗿𝘁 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁𝘀! Discounts aren’t just a way to save money for your customers—they’re a powerful strategy to grow your business. With most shoppers searching for deals before they buy, offering the right discounts can make all the difference in turning browsers into loyal customers. 🛒 🚚 𝗧𝗵𝗶𝗻𝗸 𝗮𝗯𝗼𝘂𝘁 𝗶𝘁: how often do abandoned carts happen because of unexpected costs like shipping? A simple free shipping offer can bring customers back and encourage them to complete their purchase. Or consider how seasonal discounts can clear out inventory while attracting new buyers who are hunting for holiday deals. 💵 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁𝘀 𝗮𝗿𝗲𝗻’𝘁 𝗼𝗻𝗲-𝘀𝗶𝘇𝗲-𝗳𝗶𝘁𝘀-𝗮𝗹𝗹. Minimum spend discounts encourage customers to add more to their carts, while referral or returning customer discounts build loyalty and keep people coming back. Even pairing products with related discounts can show customers you understand their needs while boosting total order value. ⚖️ 𝗧𝗵𝗲 𝗸𝗲𝘆 𝗶𝘀 𝗯𝗮𝗹𝗮𝗻𝗰𝗲. Over-discounting can hurt profits, and frequent discounts can make customers expect sales all the time. The best discount strategies are thoughtful and targeted—whether it’s rewarding loyal customers or increasing average order value, every offer should align with your goals. Tools like SellerVue can help you track your progress and adjust your strategies based on real data. The right discounts can do more than just drive sales—they can help you build lasting relationships with your customers. Ready to make your discounts work harder for your business? Get Actionable insights about where you are leaking profit and LIVE 15-Minute Chat to review your report and give custom recommendations 👉 https://lnkd.in/dpVF6Vzy #EcommerceGrowth #CustomerLoyalty #SmartDiscounts #BoostSales
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𝐃𝐚𝐲 - 3 𝐓𝐨𝐩𝐢𝐜- 💡"𝐀𝐛𝐚𝐧𝐝𝐨𝐧𝐞𝐝 𝐂𝐚𝐫𝐭𝐬 𝐀𝐫𝐞𝐧’𝐭 𝐋𝐨𝐬𝐭 𝐒𝐚𝐥𝐞𝐬—𝐇𝐞𝐫𝐞’𝐬 𝐇𝐨𝐰 𝐭𝐨 𝐖𝐢𝐧 𝐓𝐡𝐞𝐦 𝐁𝐚𝐜𝐤!" Every e-commerce business faces abandoned carts. 😟 But did you know they’re actually opportunities in disguise? 𝐇𝐞𝐫𝐞’𝐬 𝐡𝐨𝐰 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐭𝐮𝐫𝐧 𝐭𝐡𝐞𝐦 𝐢𝐧𝐭𝐨 𝐜𝐨𝐧𝐯𝐞𝐫𝐬𝐢𝐨𝐧𝐬: 1️⃣ 𝐒𝐞𝐧𝐝 𝐚 𝐅𝐫𝐢𝐞𝐧𝐝𝐥𝐲 𝐑𝐞𝐦𝐢𝐧𝐝𝐞𝐫: Email or SMS reminders work wonders. Add a personal touch with product images and offers. 📩 2️⃣ 𝐎𝐟𝐟𝐞𝐫 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬: Sweeten the deal with discounts, free shipping, or limited-time offers. Everyone loves a good bargain! 🎁 3️⃣ 𝐒𝐢𝐦𝐩𝐥𝐢𝐟𝐲 𝐭𝐡𝐞 𝐂𝐡𝐞𝐜𝐤𝐨𝐮𝐭 𝐏𝐫𝐨𝐜𝐞𝐬𝐬: Ensure your payment methods are diverse and your checkout page loads quickly. Time is money! ⏳ By addressing customer hesitation, you’re not just recovering lost sales—you’re building trust and loyalty. 💖 𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧- Abandoned carts aren’t failures—they’re a second chance. Start implementing these strategies today and watch your sales grow! 🚀 💬 Have you tried recovering abandoned carts? Share your favorite strategies in the comments! . . . . . . #CustomerRetention #SalesStrategies #DigitalMarketing #IncreaseConversions #ECommerceSolutions Alok Kumar Badatia Ramji Verma
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We’ve invested in customer identification in part because we knew it would help retailers drive repeat purchases. And our first-ever Benchmarks Report shows just how powerful identification is. We found that retailers with ID rates above 40% had repeat purchase rates that were 53% higher than average. Retailers with ID rates of less than 10% saw repeat purchase rates that were 33% lower than average. This is true no matter what retail vertical you are in. We also found that one-and-dones are everywhere and they’re everyone’s problem. 74% of buyers only purchase once. But that also makes them your best opportunity to drive more ROI from your existing customer file. Which brings us back to identification: To convert those 74% of buyers into repeat customers, you need to be able to identify them. If you don’t know what your identification rate is, or how to increase it, you’re at huge risk of falling behind. You can read the full report here: https://bluecre.co/3w0ylrT. And you can learn how to improve your identification rate by getting in touch with me or anyone on my team.
ID, Conversion, Customer Retention Benchmarks for Retailers - Bluecore
bluecore.com
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🎯 Want to Keep Your Customers Coming Back All Year Long? Seasonal incentives are a game-changer for boosting customer loyalty. They go beyond simple discounts—they create memorable experiences that keep your brand top of mind. 💡 Here’s how you can make the most of seasonal promotions: ✔️ Offer personalized rewards tied to holidays or special events. ✔️ Use creative off-season deals to keep customers engaged year-round. ✔️ Combine promotions with loyalty programs for maximum impact. With the right strategy, seasonal promotions can turn occasional shoppers into lifelong loyal customers. Don’t miss out on this opportunity to grow your business and build stronger customer relationships. 👉 Read the blog to learn how you can implement these strategies effectively: https://lnkd.in/g_gxZVKK #CustomerLoyalty #SeasonalPromotions #BusinessGrowth #MarketingStrategy #CustomerRetention #IncentivActionCanada #IncentivAction
Seasonal Incentives That Keep Customers Coming Back Year-Round
incentivaction.com
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Meet Eleanor: Struggling with Cross-Selling? 🤔 Eleanor manages the sales team at an e-commerce company. With a robust product lineup and a steady stream of customers, she noticed a concerning trend: despite their diverse offerings, customers aren't purchasing additional products. 🛒 This is a common challenge for e-commerce businesses – maximizing the value of each customer. The Challenge: Customers Not Buying Additional Products 😕 Eleanor’s company offers a wide array of high-quality products, but customers often stick to their initial purchases. They might not be aware of complementary items, or perhaps they don’t understand the benefits of additional products. Low cross-selling rates mean missed revenue opportunities and suppressed growth. 📉 Was Eleanor missing out on potential sales that could drive her business forward? Our Marketing Expertise: Helping Eleanor Boost Cross-Selling 💡 We teamed up with Eleanor to tackle her cross-selling challenges. We conducted a thorough analysis of her customer purchase data to identify trends and uncover opportunities for cross-selling. Together, we developed a targeted strategy that highlighted complementary products and educated customers on their benefits. Personalized recommendations and timely promotions were key components of our approach. 📊📈 The Outcome: Increased Sales & Customer Satisfaction 🎉 With a strategic focus on cross-selling, Eleanor achieved remarkable results. She saw an increase in average order value, improved customer satisfaction, and stronger customer relationships. The impact? An e-commerce company that not only grew its revenue but also enhanced its customer experience. 💵❤️ Ready to Improve Cross-Selling in Your Business? 🚀 Don’t let missed opportunities hold back your growth! We can help you identify the reasons behind low cross-selling rates and develop strategies to boost your sales. Schedule a free consultation to learn how our marketing expertise can help you improve cross-selling and build a thriving business. 🌟📞 #ecommerce #salesstrategy #crossselling #customersatisfaction #businessgrowth #marketingexpertise
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The Power of Reviews in Scaling Your Marketplace Sales 📈 In today’s digital age, trust is the foundation of every successful transaction. Reviews have evolved from simple star ratings to becoming one of the most influential factors in driving marketplace sales. Here's how they can help you scale your business: 1️⃣ Establish Instant Credibility When potential buyers see glowing reviews, it builds instant trust. Genuine feedback from other customers reassures them that your product delivers on its promises. This trust can often be the deciding factor in making a purchase. 2️⃣ Enhance Product Visibility Most marketplaces prioritize products with high ratings and positive reviews in search rankings. This means better reviews lead to better visibility, putting your product in front of more potential customers. 3️⃣ Boost Conversion Rates Reviews help eliminate doubts and reduce hesitation for buyers. Seeing authentic, positive feedback can significantly increase the likelihood of someone clicking “Add to Cart”. 4️⃣ Foster Customer Loyalty Engaging with your reviewers—whether through a thank-you message or resolving a complaint—shows customers you value their opinions. This builds long-term trust and loyalty, encouraging repeat purchases. 🔑 Remember, every review is an opportunity to showcase your commitment to quality and customer satisfaction. #Ecommerce #MarketplaceGrowth #CustomerReviews #ScalingYourBusiness #TrustMatters
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