US Edition8 strategies to keep customers coming back to your business
UNITED STATES, JUL 7 – More than 80% of consumers said loyalty programs increase their purchase frequency, helping businesses secure recurring revenue through subscriptions and rewards, experts say.
- In recent months, Shopify introduced eight customer retention strategies, including subscriptions and loyalty programs, as brands like Citizens of Soil and Liquid Death leverage experiential clubs and events to deepen customer loyalty.
- Rising customer acquisition costs led Shopify to focus on loyalty programs, with data showing loyalty is cheaper and provides insights for product innovation.
- Beyond initial wins, brands like P.F. Candle and Moment expand product lines and incorporate customer feedback to deepen loyalty and drive future revenue.
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8 strategies to keep customers coming back to your business | News Channel 3-12
DC Studio // Shutterstock 8 strategies to keep customers coming back to your business Building a loyal customer base is essential for any business. Not only is retaining an existing customer more cost effective than acquiring a new one, but forming authentic connections with your core audience can also provide additional benefits—from valuable data that inspires a new product line to compelling user-generated content from your most enthusiastic …
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Total News Sources41
Leaning Left3Leaning Right1Center34Last UpdatedBias Distribution89% Center
Bias Distribution
- 89% of the sources are Center
89% Center
C 89%
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