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5 Helpful Practices to Improve Ecommerce Customers Retention
Posted: Jan 14, 2021
With the boom in the online industry, every business starts building online stores to avail themselves of the opportunity and earn high profits. The easy to use Woo-commerce and other CMS system, allows non-tech-savvy to create an effective eCommerce site. While on the other hand, various web hosts started providing cheap woocommerce hosting, eCommerce hosting, and designing without hassles. This influences the increase in web stores globally.
However, running an eCommerce store isn't as easy as compared to building an online store. Most of the time, having great customer service lets businesses think about getting customer retention. However, the reality is different. You may get several happy customers, but all unique. This means that your old customers aren't coming back to buy new products.
This ultimately reduces your sales and let you think about experimenting with the various ways to get them back. But unfortunately, most of the time, businesses fail to improve eCommerce customers' retention. So what to do? Here, at this stage, you need to apply the best practices to discuss in this article.
Why Improve Ecommerce Customers RetentionIt is a fact that it's five-time cheaper to retain an existing customer than to spend time over a new one. Of course, who wants to build a new partnership when you already have your happy customers. Therefore, customer retention is always worth it. However, it's not easy to continue customer retention, especially in the eCommerce business.
In a virtual business, you lack getting involved in a face-to-face relationship with your customers, ultimately causing customer churn. But you don't need to worry, as, with every problem, there is a hidden solution you need to explore. There are so many ways to continue winning leads and increase customer retention effectively.
But out of so many ways, which method to follow? Here, this article lists the prior helpful practices that enhance loyalty and improves eCommerce customers' retention. So let's follow.
1. Adopt Email MarketingThere is no better way than to adopt the emails of your potential customers in an online world. In today's era of technology, people never forget to check their emails. This is the reason; you need to grab emails from your customers who recently purchase any product. But how to turn those collected emails into profits?
It's simple, by adopting email marketing, you can easily improve eCommerce customers' retention. You can cross-sell or upsell products or even message "we miss you" to improve your customer engagement.
2. Stay Active On Social PlatformsCustomers always emotionally attach to any brand in the online industry. To ensure that you resemble them, you need to stay active and present on every social media account. Use Twitter to build effective hashtags while using social media marketing to get high visibility. This is an effective way to improve eCommerce customer retention.
3. Offer Loyalty Reward ProgramsEvery customer wants to feel special and often seeks to avail of discount offers and free opportunities. You can make their dreams come true by giving them an offer of buy two and get one free. Even at the cash carts, you can start a number game where you allow them to get two more products to get one for free. This encourages them to buy and ultimately improve your customer retention.
4. Offer Personalized ExperienceAlmost all eCommerce brands have access to customer's online purchase history. Therefore, by using the customers' previous online data, you can recommend the products they are willing to purchase. This ultimately offers a personalized experience to the users. Therefore, you get a significant increase in eCommerce sales.
5. Sell High-Quality ServicesThis is the crucial point that you need to know before you start applying all the practices. Without high-quality services, you can't improve eCommerce customer retention. The online stores run on the trust that you need to win. Therefore, always gives more days to exchange or return the items, and assure the customer that you are professionals.
I am professional content writer and social media expert with 3 years of experience. Over these three years, I have established a good reputation with critical thinking, and innovative ideas. I am interested in exploring online opportunities.