Did you know that increasing your customer retention rate by just 5% can increase profits by 25-95%? This notion, called Customer Lifetime Value is increasingly important in #fashionretail right now. Learn more about it here: hubs.ly/H0pN9B30#fashiontech#loyalty
Apparel brands that get fit right have a leg up on the others—and can drive a very loyal group of consumers. But which brands do consumers most often cite as their favorite based on fit?
Learn more about the @truefit Favorite Fitting Brands Report here:
ow.ly/zPKZ50CEeRP
Retailer re-engagement tip: Personalizing browse & navigation functions make it easy for customers to find products & styles they'll love & keep. Join us on 4/30 to discuss how personalization supports customer loyalty: hubs.ly/H0pNtzX0#fashiontech#fashionretail
Fashion retailers, you're exploring strategies to bring potential customers to your website that are more likely to convert and revisit. Does Customer Lifetime Value play into your strategies? hubs.ly/H0pN9Bc0#CLV#loyalty#retailtech#fashionretail