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How To Increase Repeat Sales By 180 Percent?
Customer data is a powerful tool for resellers. A recent study from Hubspot shows that 92% of companies use customer data to grow revenue. The same study also showed that 69% of companies use customer data to improve customer experience.
When it comes to reselling, it’s important to have a clear idea of who your customer is, so that you can offer them the right solutions for their needs. Here are some ways in which you can customer data to increase repeat sales:
Understand your loyal customers
Customer loyalty is an important factor in building effective reselling. If you know what makes your loyal customers tick, then you can provide them with products and services that meet their needs and increase your repeat sales. Customer data helps you understand your loyal customers better, their history with your company, and even buying patterns. This information helps you provide them with relevant products and services ...
... at the right time and place.
Increase repeat sales by increasing engagement on social media
Personalized social media marketing is one of the most effective ways to increase repeat sales. You can also target people based on their location or other behaviours. You can advertise on social media channels such as Facebook and Twitter to reach these potential buyers with targeted ads that promote products based on their previous purchases or browsing history on your site.
Identify the right time to reach out to your customers
If you're selling a product or service that's related to an existing one, you may want to wait until the customer has been using it for a while before contacting them with a new offer. This will help ensure that they're familiar with your brand, which makes it more likely that they'll buy from you again.
Identify the right time to resell to your customers. Knowing when customers are most likely to buy is important for any business — but especially if you're reselling products that have a short lifecycle or limited stock.
Click here to know how consumer electronics brand Syska increased it's repeat sales by 180%
Use mobile push notifications to increase repeat sales
Mobile push notifications are one way to reach customers on their mobile devices. Personalized mobile push notifications are an excellent way to keep in touch with your customers and make sure they never miss out on an opportunity. If you have an e-commerce site, sending personalized notifications about new products or sales can build loyalty among your customers by keeping them informed about new opportunities and discounts.
Struggling to reach your customers on mobile? here is how you can reach your amazon and retail customers directly on their mobile - Know more.
NeuroWarranty has helped 100s of leading brands to access data of their end customers and increase repeat sales by as much as 180%. Check out this post to know how your brand can get data of its end customers and boost its repeat sales “How to increase repeat sales by 180 percent using customer data.“
NeuroWarranty is a new age QR Code based Warranty Management Solution that fully automates the Warranty and offers unique benefits to amplify business growth.
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