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Why CRM Is Key To Boost Business Growth Potential?

Customer Think

Managing online retail customers is crucial for any eCommerce platform to run smoothly. Business owners use CRM systems to assess the big picture of their customers’ […]. In B2C environments, CRM solutions are essential to maintaining client relationships over time.

CRM 136
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How to Build a Strategic Product Return Policy For Better CX & Business Growth

Customer Think

As retail moves away from the wholly brick and mortar days to the online marketplace, customer relationships with traditional shopping experiences have also changed. Once, you’d have had to go all the way back to the shop from which you purchased something in order to return it. It’s as easy as boxing something up […].

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40+ CRM Custom Field Ideas For Your Business, Based on Industry Type

Nutshell

B2B/SaaS eCommerce & retail Healthcare Education & training Real estate Financial services Marketing agency Event planners Recruitment Non-profit 1. Create customized fields with Nutshell CRM custom fields are a boon for businesses with unique goals and needs.

CRM 62
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What is Total Revenue?

Hubspot Sales

If your business were a plant, then total revenue would be the water it needs to grow. Although it's just one metric, it provides valuable insights into your selling strategy, pricing, and business growth. For example, a retail store generates most of its revenue through merchandise sales. Final thoughts.

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What Are Frictionless Payments? (& Why They Matter)

Hubspot Sales

These digital wallets work well for retailers because they can minimize fraud, handle payments faster, and decrease processing fees. The system is a middle ground between traditional retail shopping and buying online. BNPL apps like Klarna, Affirm, or Afterpay are experiencing massive growth. Image Source: Cosmetics Business.

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Beyond buzzwords: How small companies are using AI, automation, and conversations to grow in 2022

Zendesk

For small businesses trying to stay on top of customer conversations and DMs, investing in the right tools can be a key differentiator: Only 50 percent of growing retail companies, for example, offer messaging as a support channel, yet companies that offer messaging show higher customer satisfaction and loyalty.

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5 Pitfalls of Rapid Growth and How to Avoid Them

CMOE

While some businesses manage to transition from niche to mainstream by scaling with ease, others struggle to maintain their identity and high standards of customer service—and eventually, their profits. Lack of a business-growth strategy. When it comes to coping with rapid business growth, your people are your power.