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7 Proven Customer Retention Strategies Every Retailer Should Know

SurveySensum

According to the research study conducted by Harvard Business School, The Economics of E-Loyalty , increasing customer retention rates by 5% increases profits by 25% to 95%. These programs will help you foster a long-lasting and meaningful relationship with your customers. But why is that a big issue?

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Verint Research Reveals What Really Matters to Consumers in their Physical and Digital Shopping Experiences

CSM Magazine

Over the past two years, retailers have invested a significant amount of time and money to create exceptional digital experiences as consumers embraced a new way of interacting with their favorite brands. Generational differences and channel preferences persist in this most recent report. Generational Differences in Shopping Preferences.

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5 Best Customer Retention Software to Try in 2024

SurveySparrow

Customer Support and Feedback Tools: Listening and Responding to Customer Needs THE key to successful customer retention is listening to what they say. And for this, customer support and feedback tools are essential. It can be through surveys, reviews, or direct support interactions. Suppose an e-commerce website.

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Referral marketing software for the win: Our top 20 picks

BirdEye

ReferralCandy Tailored for e-commerce businesses, ReferralCandy automates the referral process for online stores by smoothly integrating with all the major platforms. Its fraud detection helps keep the program legit, while the analytics give you the down low on what’s working so you can fine-tune your approach.

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Facebook Shops Making eCommerce Waves

NetBase

Due to social distancing measures and the closure of many brick and mortar stores that were deemed non-essential, people have been quick to shift to online retailers to bridge the gap. And diving in to support this new world, we see Facebook shops making ecommerce waves. Consumers’ eCommerce Feelings. eCommerce Explosion.

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Strategies To Outsource Ecommerce Call Center

Magellan Solutions

eCommerce Call Center Services We Provide: Loyalty programs. Customer care support. Inbound sales support. Billing support. Top-performing platforms for call center e commerce services. Ecommerce has now become a universal bridge for retailers and consumers. Managers would only serve as mediators.

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How To Maintain Strong Customer Engagement During COVID-19

CSM Magazine

It’s already challenging enough for businesses to keep afloat when consumers are predictable—and it’s even considerably more cumbersome to do so when the pandemic is changing the way people shop, dine, and live. With most consumers staying at home almost all the time, they’re likely to spend hours on their phones. Keep Your Lines Open.