Update On :03-August-2016
Running a business means finding new customers and convincing them to buy from you repeatedly. But creating a loyal customer base is not a simple task. The following techniques will make it easier.
Provide guest checkout :
You have probably seen that providing a guest checkout is better for your conversion rate, but how can you track customerâ€™s account if they donâ€™t have one? The answer is to give them the option to create an account after their first purchase. To convince them, connect the request e.g. with a discount code. You can offer them a one-click payment for every future purchase â€“ simply use the payment gateway with â€œremember meâ€ option.
You can also optimize the â€œthank youâ€ page that customers see after purchasing an item on your website. On the page, you can place an incentive to sign up for a newsletter or to connect with your brand on social media.
Offer loyalty programs :
The magic formula is to make your customers feel special and it works in every kind of business. Consider implementing a loyalty program, which is used by many brands for re-engaging the best customers. The scenario is always the same: customers get a reward in return for activity, so it motivates them to buy more on your website. The 2016 Bond Loyalty Report shows that 66% of consumers change the amount they spend to maximize points. The more they spend, the more points they earn, itâ€™s as easy as that. There is a wide range of online automated apps that make it easy for you to set up a loyalty program. But you can do more. Surprise and delight your best customers by sending them a small gift, offer an outstanding package, or prepare a special and personalized offer.
Try cross sales :
Keep in mind that an existing customer will often wait for sales before making their next purchase at your online store. Instead of always offering discounted products, you can use cross-sells. Cross-selling involves inviting customers to buy related items. For example, when someone buys pants, you can show them an offer with associated items such as a belt, shirt, or jacket.
Send E-mails :
This is a smart method to encourage customers to buy from you again. Reaching out by email grows the chances of turning one-time sales into repeated sales. Email is still one of the most converting channels, especially for ecommerce. Customers should be made aware of new arrivals, sale items, and you can also send them coupon codes which are only available to newsletter subscribers. When you offer a promotion to current customers, it shows them that they are special to you.
Keep customers informed about the status of their order. User experience is also very important. Send customers an email or text message every time an orderâ€™s status changes. Moreover, track customerâ€™s behavior and make suggestions. For example, if your customer bought an oven, they might return for a cookie sheet, cookbooks or other related products.
Use Content Marketing and Social Media :
Customer retention should also be connected with content marketing. When you create good quality content that educates your audience, you increase customer loyalty. Create buyer personas to provide personalized content and make your customers feel like you speak directly to each of them. Donâ€™t try to treat all customers the same, they need to feel special.
Social media is another channel you should use to build relationships with your customers. People are more likely to follow your brand on social channels for a reason, so itâ€™s up to you to decide how youâ€™ll use it to grow your loyal customer base. Present your products or services, notify followers about promotions, special offers or discounts. Donâ€™t be a pushy salesperson. You want to focus on building the relationship, not just about selling. Monitor customerâ€™s activity on social media and when you see negative comments try to resolve customerâ€™s problems.
Track customerâ€™s behavior :
You can analyze customerâ€™s buying habits to see how often they buy goods at your online store. If they make a purchase once a month, send them a promotional email every two weeks to make them willing to buy more.
You can also check customerâ€™s activity, such as favorites, most frequented pages, etc. to better personalize products. On their next visit, they could see what they probably wanted to buy. Offering a personal experience for each shopper encourages them to stay on your website longer and come back in the future. Itâ€™s also a good idea to find out what items are the most popular on your website and what page has the highest clicks. You can make sure these items are more visible on your website.
Provide outstanding customer support :
Valuable customer support with fast responses is essential. Itâ€™s a good idea to install a live chat on your website to answer customerâ€™s questions in real-time. You also want to make it possible to contact you by email or phone. There are many people who would rather write you an email than give you a call. Offering multiple ways to contact you makes it easier for customers to find the answers they seek. A happy and satisfied customer is more likely to return.
Consider a subscription business model :
The subscription business model is another way to maintain customers. Online buyers are lazy consumers and they often look for the most convenient and quickest way to buy products. If you sell products that people could buy regularly (e.g. cosmetics, coffee, or flowers), think about offering subscriptions.
Show you care :
Listen to your customers, answer their needs, and exceed their expectations. Stand out from the competition by sending handwritten thank you notes, offering same-day delivery or giving away samples of your products. It will cost you money (as well as time and effort), but it is the best way to increase your conversion and drive sales.
To keep your customers, give them the best shopping experience. Do your best to ship the product on time and without any damage. If itâ€™s possible, consider free shipping â€“ itâ€™s a customer magnet. You are probably wondering if offering discounts, special offers and more to keep a customer is profitable. 70% of companies claim itâ€™s cheaper to retain a customer than acquire one.
Maintaining happy and loyal customers increases the customer lifetime value, which means more for your business than separate purchases made by one-time customers. The number of customers is important, but focusing on customer retention can bring you better results.
Article Source From : http://www.business2community.com/ecommerce/9-ways-retain-ecommerce-customers-01615274#rRsdoF19IYgwRLh3.97