In partnering with Polymatiks, SeaMoss Blends has taken email personalization to the next level, resulting in a substantial increase in revenue per email recipient and customer engagement.
New data privacy restrictions have resulted in conversions from social media advertising (i.e., Facebook, Instagram) to decrease and costs of acquiring customers to increase by as much as 222%.
Mass promotions (e.g., 20% off sitewide) are widely used by retail brands. The question then is, are mass promotions effective in delivering on your expectations?
Offers have substantial influence on customer acquisition and retention. Yet, the power of offers to improve business results can and usually is underestimated. Understanding which offer strategy maturity stage you're in and how to evolve to the next one is critical in delivering better business results.
Retention is key in increasing sales and profits, as every retailers knows that loyal customers are incredibly valuable. Read about our top 4 retention strategies to drive customer loyalty.
78% of customers are more likely to buy from brands that better personalize the experience. As you embark in delivering on your customers' expectations of an improved customer experience, we highlight 5 key metrics to track.
Product cannibalization can have a profound impact on your business, resulting in a loss of sales and profits. Get familiar with product cannibalization, along with product substitutability, so you can start measuring the loss of sales and profits stemming from your business decisions due to product cannibalization.
Personalizing the customer experience is the top strategic priority for brands. In this article, we outline our top 5 strategies to delivering a one-of-a-kind personalized customer experience.
Today’s retail environment is challenging because of increased competition, price pressure from discounters, and price transparency for shoppers. Personalization is poised to dramatically transform the customer experience, while delivering clear and substantial benefits to retail brands.