customer loyalty

Is Rent the Runway Struggling or Strategically Recalibrating? 
Is Rent the Runway Struggling or Strategically Recalibrating? 
January 11, 2024  |  Retail

Rent the Runway, a fashion rental company, has undergone adjustments, including a 10% reduction in its corporate workforce. However, the question arises: Is this indicative...

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More Than Half of Consumers Say Personalized Offers Miss the Mark
More Than Half of Consumers Say Personalized Offers Miss the Mark
December 29, 2023  |  Retail

Personalized offers can be a game changer for merchants. Still, attempts that miss the mark have the potential to annoy and alienate potential customers. Despite...

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Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
October 17, 2023  |  Insurance

Legacy payment systems in the financial and insurance industries have often resulted in delays, errors and complications, leading to damaged customer loyalty and lost business....

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Consumers Fuel Uber’s Newest Return Service 
Consumers Fuel Uber’s Newest Return Service 
October 10, 2023  |  Retail

Most people consider returns annoying. And by most people, we mean the 79% of shoppers under 30 the National Retail Federation surveyed who consider mail...

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Retailers Employ Freebie Model to Reduce Returns 
Retailers Employ Freebie Model to Reduce Returns 
September 21, 2023  |  Retail

From November 2022 to mid-January of the current year, no less than 10% of weekly orders were subject to returns.   During periods of inflation and when households...

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TikTok Says SMBs Can’t Go Viral Without Understanding This First
TikTok Says SMBs Can’t Go Viral Without Understanding This First
September 12, 2023  |  SMBs

In recent years, TikTok has emerged as a powerful tool for small and medium-sized businesses (SMBs) looking to drive business growth. Its reach and engagement...

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Returns Without a Receipt: The Ticket to Loyalty or Fraud? 
Returns Without a Receipt: The Ticket to Loyalty or Fraud? 
August 29, 2023  |  Retail

Returning without a receipt — at first thought, would you tie the ability to return an item to loyalty? These days, the answer is yes,...

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Cost Isn’t the Real Reason Consumers Bail on Retail Subscriptions
Cost Isn’t the Real Reason Consumers Bail on Retail Subscriptions
August 03, 2023  |  Subscription Commerce

Loyal subscribers are worth their weight in gold to retail subscription merchants. A subgroup of loyal customers we called “loyalists” yield higher lifetime value (LTV)...

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Real-Time Payments Offer Small Businesses Stability Amid Cash Flow Struggles
Real-Time Payments Offer Small Businesses Stability Amid Cash Flow Struggles
June 21, 2023  |  Real-Time Payments

Running a small to midsized business (SMB) in the modern economy can be challenging even under perfect economic conditions. Marketing, staffing, inventory management and other...

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