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4 Steps To Increase Customers Retention And Customer Life Time Value For Sale

by Rahul Kumar Marketing Executive
Our list is consists of various extensions ranging from improving product page to giving gift coupons for increasing sales. An extension is ranked by their usage and how they affect customer lifetime value. Here is a list of extensions.

Sending NewsLetter

Use the power of your subscribers as an audience anytime or on an occasion. Offer them values through emails and increase sales in your store. This module helps the store to make a list of interested subscribers’ emails.

It also lets the website to send emails from admin. Moreover,

Benefits: 

  1. 1. Let the customer know about new products and information.
  2. 2. Tell them for new offers is going on. They can purchase products at low cost
  3. 3. If customer keep coming back to the website means sale growth will increase rapidly hence customer lifetime value also increase.

  4. 2. Social login and share
  5. The social website is far improved and gaining new users by 500% every year, because of the increasing internet to most of the people on earth. People are used to clicking on posts present on their feed.

    It is also proved by many types of research, people are addicted to using social networking websites. And spending more than 1 hr every day.

    Benefits:

    1. Easy to create account and customer can log in by single click
    2. Get new customers every day by posting products information
    3. Doing fewer efforts gives the website awesome measurable results.

    3. Personalized products

    Ever wonder, how Big companies like Amazone, Flipkart, Alibaba, and others make huge profits by selling millions of products every day? The answer is only one that is PERSONALIZATION.

    If you are unaware of what is personalized term means, Then let me explain to you with example. Suppose you like T-shirts and frequently buy them. Then a website where you bought the t-shirt will show you a similar product of T-shirts like, Pants, Jeans, shows, and other stuff that other people buy with a t-shirt before.  This way, the program encourages people to buy more products.

  6. 4. Cashback and points after purchase

    Cashback is one of the best ways to grab new customers in a small period of time. A small amount paid to a customer by the website. This program provides you cashback offers on E-commerce websites like Amazon, Myntra, Swiggy, and many more if you shop via ICICI Cashback Deals section. It helps you save on all your regular online purchases across top shopping websites.

4. Offer Discount

Many websites and offline stores giving a discount to increase sales. It is applicable to all kinds of physical and digital products and throughout the year.  Offers attract new customers and sales.

Keep your margin or profit low on products and giving products to low prices or giving discount coupons will make your work easy. That’s why e-commerce companies like Amazon, Alibaba, Flipkart and Digital product selling companies like Google, Microsoft, and SEO companies always giving a discount to new customers


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About Rahul Kumar Advanced   Marketing Executive

96 connections, 1 recommendations, 316 honor points.
Joined APSense since, August 2nd, 2019, From Punjab, India.

Created on May 1st 2020 00:27. Viewed 213 times.

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