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Creating Customer Loyalty With Collect & Vend

50% Off Collect vendhq.com

Learn more about how Vend and Collect work together and get 50% off 3 months on Collect with coupon code: SWEET50. About the Author: Natasha Mazey is a retail loyalty and marketing expert at Collect. Helping retailers of all sizes deliver a better customer experience, connect with customers, and build loyal relationships.

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8 Retail Advertising And Marketing Tips That Can Drive

50% Off Known vendhq.com

This promotional tactic is effective because the consumer feels like they’re truly getting something for nothing, when in reality it’s the same thing as offering “50% off,” for example. The word “free” is universally known, whereas consumers often have trouble interpreting the meaning of percentage discounts.

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Choose The World's Best Retail POS Software Vend POS Systems

Deals Platform vendhq.com

Vend was the world’s first cloud-based POS. We were founded 10 years ago by engineers with a passion for retail, so, naturally, a fully documented open API is built right into the heart of the product. Leverage the Vend platform to improve your own offering or simply integrate your existing business applications.

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How To Increase Your Profit Margins: 10 Strategies To

5% Off Offers vendhq.com

They then created a series of email campaigns with five different discount offers tailored to each individual. Customers received one of the following offers in their inbox: Free Shipping (which is huge because shipping costs can run high for bikes and other accessories), 5% off, 10% off, 15% off, and $30 off new products.

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56 People Used
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50 Retail Terms Every Retailer Needs To Know Vend POS

Deals Tenant” vendhq.com

Anchor Store. Also known as “draw tenant”, “anchor tenant”, or “key tenant”, an anchor store is one of the largest—if not the largest—store in a mall or shopping center. It’s usually a well-known department store or retail chain. Anchor stores are great neighbors to have if …

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How Retailers Can Create An Effective Markdown Strategy

$300 Off Markdowns vendhq.com

By Abby Heugel Retailers are in the business of making money, which means it’s extremely important to budget, price, and plan according. And sometimes that plan involves markdowns — a reduction of the original price of goods to increase sales. Markdowns can have a big effect on your bottom line. In fact, in the United States alone, markdowns cost retailers $300 billion — or 12% of total

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How To Drive Foot Traffic To Your Retail Store [17 Ways]

50% Off Online vendhq.com

What’s more, about 50% of respondents have opted for in-store pickup, and of those consumers, 45% bought something else during their trip to the store. Vend Tip Your online customers can now choose the Click & Collect option when purchasing items from your ecommerce store, so they can purchase an item online and then come into the store to

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61 People Used
Expires: June, 2022

8 Ways Retailers Can Increase Word Of Mouth And Referrals

50% Off Mouth vendhq.com

Word of mouth is one of the most powerful drivers of traffic and sales for retailers. According to McKinsey, it’s the primary factor behind 20 – 50% of all buying decisions and can influence purchases in ways that traditional advertising can’t.. Word of mouth is like the holy grail of marketing.

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Digital Marketing For Retailers: 5 Online Marketing Tools

50% Off BOPIS vendhq.com

According to a survey from JDA Software, 50% of consumers had used BOPIS in the past year, which is a 43% increase over two years ago. Almost every major retailer offers this service now, with 44% of retailers surveyed viewing BOPIS as a competitive imperative, with another 38% saying BOPIS was key to bringing shoppers into the store where they

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FAQ?

Which is the best way to use percentage discounts?

Krista Fabregas, a retail analyst at FitSmallBusiness.com, is also a fan of percentage discounts and says that they produce one of the highest conversions for discount promotions. “Percent-off sales are fairly simple to profit-test, too.

What's the best discount to get on clearance?

As for how to implement this offer, Mike says that storewide percentage discounts typically work best. “5% storewide, with few exceptions, will garner more attention and generate more sales than even a 60% off clearance, the next-best option.”

Which is better percent off or flat discount?

An alternative to “percent-off” deals, this promotion involves discounting items by a flat dollar amount (e.g., $5 off or $20 off). It’s difficult to tell whether this offer is better than percentage discounts, as studies and tests have shown mixed results.

What's the best way to discount in retail?

Let’s say you sell baby clothing and merchandise, and a customer just bought some clothes for her three-month-old son. Using that data, you might be able to predict what she’ll need in six months or a year, and you can make relevant product recommendations or offers. 4. Be mindful of your margins

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