According to David Sambor, a leading expert in loyalty programs, acquiring new customers is 7x more expensive than retaining an existing one and compared to new customers, existing customers are 50% more likely to try a new product and spend 31% more on average. Retention has 2-3 times more impact on your growth than acquisition does and a 5% increase in customer retention can increase profitability by 75%!!! All this
Most retailers share the goal of driving more in-store foot traffic, but what good are more customers if you aren’t selling more during peak hours? Whether it’s through cross-selling and upselling, promotions or just flat-out amazing customer service—learning how to sell more during peak hours is a must for any retailer that wants to grow. <Guest Blog Post> In this post, let’s focus on how you can do just that. We break
With mobile shopping taking the reins, brick-and-mortar shop owners are looking for creative ways to bring customers into their store. However, improving your in-store experience isn’t limited to out of the box implementations. Even simple upgrades of the store environment can make a difference. Let’s improve your in-store customer experience today! Here are a few ideas to help you enhance the in-store experience of your customers. 1. Provide A Customized
I know, I know. It’s not even January yet, but tax season will come sooner than you think!! This article is a strategy guide for tax season for boutique owners. Yet, as a boutique retail or wholesale business, there are a few tax-saving tasks I’d like you to consider as you ring in the new year. So here are 5 retail-specific tasks you should complete NOW to prepare for tax season: 1.
Take steps now to make this busy time of year go more smoothly. Look at the big picture in your store – what’s driving your revenue and how can you focus on that?
We are about to hit prime time in the E-commerce industry. As we all know, Q4 is the most important sales quarter of the year… Are you ready to finish 2019 strong? Hello Bar is offering a free webinar training with The Boutique Hub this Thursday, Nov. 21 at 10am PST! Join us as we cover the 3 Crucial Steps that will Increase E-Commerce Sales by 26%!
Happy Halloween! Today’s post features some spooktacular Halloween graphic tees and gifts from our wholesale vendors! Be ahead of the curve this holiday season by shopping some of these amazing vendors from The Boutique Hub now. These wholesale products are so cute…it’s scary!!!
The Boutique Hub and Tundra have communities of thousands of buyers. Our boutique owners are always looking for more ways to confidently grow their business and become smarter buyers. Some of the questions we often hear are around retail best practices. They want to know about tracking metrics, as well as tips for sourcing products. So we’re bringing in industry experts Ashley Alderson and Cheryl Lim Tan. They are sharing
<Guest Blog Post> Every day we talk to unhappy retailers who tell us their current POS software is no longer working for them. They purchased their POS software based on their bank’s or credit card processor’s recommendation (a great revenue stream for them) or they have outgrown the software and the features of their POS software no longer match their needs.
<Guest Blog Post> There are so many aspects that go into running your eCommerce store – finding the right combination of products, creating eye-catching product pages with tasteful images, reaching relevant customers with your marketing efforts, managing inventory and shipping…the decision of which payment option to use probably falls to the bottom of your to-do list. But offering a buy now and pay later payment option like Sezzle can help
According to David Sambor, a leading expert in loyalty programs, acquiring new customers is 7x more expensive than retaining an existing one and compared to new customers, existing customers are 50% more likely to try a new product and spend 31% more on average. Retention has 2-3 times more impact on your growth than acquisition does and a 5% increase in customer retention can increase profitability by 75%!!! All this
Most retailers share the goal of driving more in-store foot traffic, but what good are more customers if you aren’t selling more during peak hours? Whether it’s through cross-selling and upselling, promotions or just flat-out amazing customer service—learning how to sell more during peak hours is a must for any retailer that wants to grow. <Guest Blog Post> In this post, let’s focus on how you can do just that. We break
With mobile shopping taking the reins, brick-and-mortar shop owners are looking for creative ways to bring customers into their store. However, improving your in-store experience isn’t limited to out of the box implementations. Even simple upgrades of the store environment can make a difference. Let’s improve your in-store customer experience today! Here are a few ideas to help you enhance the in-store experience of your customers. 1. Provide A Customized
I know, I know. It’s not even January yet, but tax season will come sooner than you think!! This article is a strategy guide for tax season for boutique owners. Yet, as a boutique retail or wholesale business, there are a few tax-saving tasks I’d like you to consider as you ring in the new year. So here are 5 retail-specific tasks you should complete NOW to prepare for tax season: 1.
Take steps now to make this busy time of year go more smoothly. Look at the big picture in your store – what’s driving your revenue and how can you focus on that?
We are about to hit prime time in the E-commerce industry. As we all know, Q4 is the most important sales quarter of the year… Are you ready to finish 2019 strong? Hello Bar is offering a free webinar training with The Boutique Hub this Thursday, Nov. 21 at 10am PST! Join us as we cover the 3 Crucial Steps that will Increase E-Commerce Sales by 26%!
Happy Halloween! Today’s post features some spooktacular Halloween graphic tees and gifts from our wholesale vendors! Be ahead of the curve this holiday season by shopping some of these amazing vendors from The Boutique Hub now. These wholesale products are so cute…it’s scary!!!
The Boutique Hub and Tundra have communities of thousands of buyers. Our boutique owners are always looking for more ways to confidently grow their business and become smarter buyers. Some of the questions we often hear are around retail best practices. They want to know about tracking metrics, as well as tips for sourcing products. So we’re bringing in industry experts Ashley Alderson and Cheryl Lim Tan. They are sharing
<Guest Blog Post> Every day we talk to unhappy retailers who tell us their current POS software is no longer working for them. They purchased their POS software based on their bank’s or credit card processor’s recommendation (a great revenue stream for them) or they have outgrown the software and the features of their POS software no longer match their needs.
<Guest Blog Post> There are so many aspects that go into running your eCommerce store – finding the right combination of products, creating eye-catching product pages with tasteful images, reaching relevant customers with your marketing efforts, managing inventory and shipping…the decision of which payment option to use probably falls to the bottom of your to-do list. But offering a buy now and pay later payment option like Sezzle can help
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In this week’s Five Minute Friday podcast, I delve into a five-step process to revolutionize your online sales strategy. Let’s explore how to transform customer interactions from mere transactions into meaningful connections.
In today’s digital age, marketing your small business effectively can seem like a daunting task, especially with the ever-changing landscape of social media algorithms and advertising trends. However, amidst the noise of paid promotions and sponsored content, there lies a powerful strategy that can help your business stand out: organic marketing. Let’s go over our tips for using organic marketing techniques to drive sales to your small business.
Welcome back to the Boutique Chat podcast! In this episode, we’re thrilled to have April Rector, founder of The Light House Boutique, sharing her journey of starting a boutique and the challenges she faced along the way. April shared so many insightful stories, let’s get into it!
In this week’s Five Minute Friday podcast, I delve into a five-step process to revolutionize your sales strategy, whether you operate in a brick-and-mortar store or an online platform. Let’s explore how to transform customer interactions from mere transactions into meaningful connections.
