
14th October 2021
Whatever your field of business, customer retention is incredibly important.
Most of us are aware that it can cost five times more to gain a new customer than to keep hold of an existing one.
Also, whilst there is only a 27% chance of a new customer buying again, this increases to 54% for an existing customer.
The latter is also likely to spend more. Customer retention is incredibly important if your business is to be successful long term within the retail and ecommerce industry.
If we add Coronavirus into the mix, then we find ourselves facing unparalleled economic conditions and competition.
One of the keys to business survival is good customer service, which is vital to turn potential customers into long-term buyers.
Customer acquisition and retention should be the focus of all ecommerce marketing strategies.
The average ecommerce retailer spends 80% of their total marketing budget on ecommerce marketing strategy, but how can they be sure that they’re getting good results for their money?
You might think that you are safe as you already provide great customer service, but are you sure that this is enough to keep buyers coming back for more?
You need to do more, digging deep to understand the customer digital journey and simplifying it to reduce friction.
If you have an ecommerce website, then abandoned shopping trolleys are an indicator that something is wrong.
You need to take heed of some ecommerce SEO and website tips, improving your web design for ecommerce and web design for retail.
The crux of the matter hinges upon customer loyalty and how to inspire it. Get your website designer to help by improving the website user experience (UX) in the following ways:
From the statistics above, you can appreciate why the repeat customer is so important. So, how do you keep this type of customer happy? Below are some helpful tips that you should discuss with your ecommerce website developer:
By ensuring that your ecommerce site is working its magic and making use of all of the above, plus SEO for ecommerce , customers will return to make repeat purchases, improving business success.
Talk to your ecommerce web design agency about ecommerce website design .
By putting in place some of the recommendations given above, you will build trust and brand loyalty, helping to strengthen customer relationships whilst turning one-time customers into long-term repeats.
Director of ALT Agency with a passion for all things design & conversion driven. Love Formula 1, Business and Property Investing.
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