Remove Customer Retention Remove Inventory Management Remove Returns
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Rethinking Returns: Innovative Strategies for Retailers to Drive Growth in 2024

Retail TouchPoints

Long viewed as a necessary evil, the retail returns process is emerging as an unexpected avenue for growth and customer engagement. In the rapidly expanding ecommerce market, projected to reach $3 billion in 2023, a significant 20% to 30% of online purchases end up being returned. Speed-to-restock is key in the returns cycle.

Returns 274
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What’s in store for retailers in the battle for survival, success and supremacy?

Inside Retail

With delivery reliability significantly impacting customer retention and lifetime value, this must be a key focus for retailers. Reliability is non-negotiable according to Carina Micheal, Group Head of Technology and Digital, who said, ultimately, their customers prioritise optionality and flexibility.

Insiders

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The Power of Loyalty: Enhancing Customer Retention for Small to Medium-Sized Retail Stores with iVend POS

I Vend

Customer retention is one of the most valuable and important strategies for building a successful mid-size retail business. It places the focus on customer lifetime value (CLTV) – the total that a customer spends with the retailer over a relationship that usually spans years, and even generations.

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The Benefits of a Mobile POS for Retail Stores in 2025

M19 Retail

The Benefits of a Mobile POS for Retail Stores In the fast-evolving retail environment, where customer expectations continue to rise, delivering quick, personalized service is no longer optional; it’s essential for business growth and customer retention. Ready to Transform Your Retail Operations?

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Stores are back, but will the inventory be there?

Inside Retail

So how can retailers be proactive in their inventory placement to avoid compromising top-line growth and customer satisfaction? Not only will this help ensure margins are managed, but it will ensure customer expectations are met.

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The Impact of Retail Digital Transformation on Consumer Behaviour

Retail Focus

This enhancement not only improves the overall shopping experience but also leads to lower return rates. Sustainability is another critical focus area, with digital tools enabling better inventory management and waste reduction. Cost Reduction: Better inventory management and efficient operations lower overall costs.

Consumer 130
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Top 10 Reasons Why Your Store Needs Tailored Retail Management Solutions

RETAIL MANAGEMENT SOFTWARE

When a company has multiple stores, it becomes difficult to manage purchases, sales, purchase returns, and sales returns. That’s why a retail management solution includes inventory management software. Integrated Inventory Management Solutions. It will help you reduce customer attrition.