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How Do Retailers Increase Repeat Customers? The Real Secret Is Not What Most Retailers ThinkA customer walks into a store for the first time. The retailer celebrates the sale. The transaction is recorded. Revenue increases. Marketing efforts appear successful. Then something curious happens. The customer never returns. For many retailers, this scenario is far more common than they would like to admit. The irony is striking. Retail organizations spend enormous resources...0 Comments 0 Shares 1K Views 0 Reviews
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What Is Customer Loyalty in Retail? The Most Misunderstood Asset in CommerceA customer buys coffee from the same café every morning. Another customer purchases running shoes from the same retailer year after year. A third drives past three competing stores to shop at a particular grocery chain despite similar prices and nearly identical products. Retailers often describe all three customers as loyal. The assumption seems reasonable. After all, they keep...0 Comments 0 Shares 1K Views 0 Reviews