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Why Innovative Loyalty Card Programs Can Significantly Improve Customer Retention & Engagement

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Savvy retailers are updating their customer loyalty programs to increase customer satisfaction and ensure customer retention. The lure of loyalty cards remains the same since its inception: it’s more cost efficient to retain an existing customer than it is to acquire a new customer. 2020, February 9).

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Yes, the Customer Experience Still Matters: Here’s Why

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The average time between customer arrival at curbside and order pickup is 8-12 minutes. Curbside pickup at retail stores surged 208% in April 2020 due to the start of the coronavirus pandemic 3. In fact, it was up by 52% in 2020 4. This can impact operational costs and the customer experience. 2020, April 7).

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How to Improve the Post-Purchase Experience for Your Retail Customers

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However, demonstrating a great customer experience significantly increases customer loyalty. Lowers Acquisition Costs – To put it succinctly, customer retention is five times cheaper than acquisition 2. Employing the techniques discussed here enables you to keep an existing customer happy with your brand.

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Solving the Problem of Last-Mile Delivery to the Customer

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Retail stores continue to play a big role in the customer experience, bringing in impulse purchases, acting as brand builders, and efficiently traversing “the last mile” to get purchases into the hands of consumers and improve their customer retention rate. 2020, June 1). in 2021, up from its initial 6.5% prediction 3.

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Solving the Problem of Last-Mile Delivery to the Customer

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Retail stores continue to play a big role in the customer experience, bringing in impulse purchases, acting as brand builders, and efficiently traversing “the last mile” to get purchases into the hands of consumers and improve their customer retention rate. 2020, June 1). in 2021, up from its initial 6.5% prediction 3.

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D2C vs. Traditional Retail: What’s the Best Model for Your Business?

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Complete control; boosts awareness and customer retention. D2C strategy has consistent/predictable revenue model due to subscriptions; price integrity & high margins. By 2020, 51% of consumers expect that companies will anticipate their needs and make relevant suggestions before they make contact. Moore, Kaleigh. “11

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How to Improve the ROI of Your Customer Experience

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For many companies, customer experience falls into the purview of the Chief Marketing Officer. In a new study on digital experience , 52% of respondents report that their CMOs drive the customer experience strategy 4. Customer Experience Boosts Employee Retention. Experience is everything. Get it right.