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7 Proven Customer Retention Strategies Every Retailer Should Know

SurveySensum

Do you know what’s the biggest problem in retail? 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%. Customer churn. But why is that a big issue?

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Multichannel vs. Omnichannel Approach: Which is Best for Your Customer Communication?

CommBox

Global businesses are using multichannel and omnichannel approaches to communicate with their customers. They are bridging the gap between brands and customers by solving communication challenges in retail or any other industry. . Keep reading to see what’s the better approach, multichannel or omnichannel communication.

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The Power of Personalization in Retail Customer Experience

SurveySensum

That’s the power of personalization in online retail. Personalization in retail is not a new concept but it is a concept that retailers still fail to grasp. But why is personalization such an important strategy in ensuring a positive customer experience in retail? What is Personalization in Retail?

Retail 52
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A Comprehensive Guide to NPS in Retail

SurveySensum

Did you know that the pandemic caused a massive shift in the retail industry, with digital penetration growing from 16% to 33% in just three months? NPS is particularly useful in the retail industry because it helps businesses build customer loyalty, retain loyal customers, and encourage them to refer others. What is NPS?

NPS 52
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Inspiring Retail Customer Experience Examples That Wow Customers

SurveySensum

This statistic emphasizes the critical role that retail customer experience plays in customer loyalty, brand advocacy, and business growth. Why not ask the brands that are winning at retail customer experience? Organize Engaging In-store Events Some retailers organize special events to enhance the customer experience.

Retail 40
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5 Incredible Omnichannel Customer Service Strategies to Win Customers

MattsenKumar

All organizations building omnichannel customer service expertise have recognized that different customers will use other channels to browse, engage and seek support. This acknowledgment allows businesses to expand to numerous media, including Call, Chat, Email & SMS, and then integrate them into a central repository.

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Survey as a Tool In Improving Retail Customer Experience

SurveySensum

Improving retail customer experience for your brand is not only an expectation from your customers but also a requirement for your business growth. In today’s competitive retail landscape, customer experience has emerged as an important factor that can either make or break a business. Why Survey?

Retail 52