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Planning to sell online in the US? Here are some tactics to ensure success

Inside Retail

“You need to really lean into understanding your customer and their value and create personalised experiences that minimise wasteful spending for you as a retailer and that also drive customer retention.” Once you understand the patterns of buying behaviour, then you can outsource to a local third-party logistics (3PL) partner.

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One in 10: How retailers can navigate the looming threat of “returns fraud”

Inside Retail

This inclusive representation [provides] customers with a realistic view of how the clothing will look and fit on them.” Strategies to detect and prevent retail fraud But what happens when customers aren’t legitimately returning items because they’re not the right fit, but rather to make a buck?

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Adapting To Changing Consumer Behavior: Strategies For Indie Retailers

RetailMinded

I’ll then suggest some effective strategies that independent retailers can use to stay ahead of the competition. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing. So let’s get to it!

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Adapting To Changing Consumer Behavior: Strategies For Indie Retailers

RetailMinded

I’ll then suggest some effective strategies that independent retailers can use to stay ahead of the competition. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing. So let’s get to it!

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FTC Looks to Crack Down on Subscription and Membership Auto-Renewals

Hunton Andrews Kurth

The proposed rule is part of a broader FTC initiative designed to crack down on “ dark pattern ” tactics that retailers employ to aid in customer acquisition and retention, among other things. The restraints on cancellation procedures may have an even greater impact on customer retention.

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5 Impactful Ways To Improve Your Online Store — And Drive More Sales

RetailMinded

Ranging from mastering social media marketing to embracing advanced SEO techniques, these strategies will help reshape your digital storefront for success. Moreover, dealing with negative feedback professionally can also enhance credibility as it showcases transparency and a commitment to customer satisfaction.

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The 4 pillars of e-commerce profitability (promos aren’t always the answer)

Inside Retail

Retailers should also consider the differences between new and existing customers and shape retention strategies accordingly. AI can also be used to power solutions – from 24/7 customer service chatbots to customised product recommendations – thus helping retailers increase their profitability in the burgeoning digital world.

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