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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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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? 74% is a lot, right? One notable example of this is their introduction of the program ‘Nike By You.’

Retail 40
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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
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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
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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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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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How to Increase Your Holiday eCommerce Sales Using Automated Sales Chatbots

CommBox

Today, 18% of all retail sales are online transactions – approximately 1 out of 5 sales. of total holiday season retail sales. 66% of online buyers choose a retailer based on convenience, while only 47% choose a retailer based on price/value. 59% of online purchasers are aware of social commerce.

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