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Post by account_disabled on Feb 17, 2024 8:29:49 GMT
It could be the convenience it offers or the advantages for their business that make it so attractive. Whatever the reason, subscription-based e-commerce is here to stay. This model brings the benefit of customer retention to businesses, which is a recognized concept in the industry. It is widely accepted that it is more cost-effective and easier to retain existing customers than to acquire new ones.
As the pandemic continues to take its toll, research latestdatabase.com has revealed that customer loyalty has been severely impacted. To ensure success in the coming year, e-commerce businesses should take advantage of subscription models as a powerful solution to retain customers and mitigate the effects of this issue. 2. Green Consumerism Green consumerism is a concept that is gaining traction,
With 2023 being a year where millennials in particular are increasingly aware of the environment and sustainability when making purchasing decisions. Not only do 50% of digital consumers indicate that environmental issues influence their purchase decisions, but research has revealed that a staggering 43% would switch to another retailer if they offered a wider selection of options. sustainable delivery.
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