Category: Marketing & Strategy
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Mastering Abandoned Cart Emails
Abandoned customer carts are a common problem for ecommerce businesses, with an average cart abandonment rate of 69.57% across all industries. When potential customers add items to their cart but leave without completing the purchase, it represents a significant loss of potential revenue. However, abandoned cart emails can be a powerful tool to recover these…
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Maximize Customer Retention by Mastering the Downsell
You know the upsell and the cross-sell, but do you know the downsell? This sales method perfects the trifecta. It gives you the opportunity to not only retain customers but improve your product and bump your bottom line. Here’s all you need to know about the downsell, how to use it, and what to look…
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10 Traditional Ways to Find Recoverable Revenue and Reduce Churn
Customer churn is an ever-present challenge that can quickly erode your recurring revenue if left unchecked. Thankfully, we have revenue recovery methods to combat it. By proactively monitoring your subscription data for churn risks, engaging with at-risk customers, and implementing tactics like dunning management, you can plug the leaks and keep more of your hard-earned…
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