Retailers keep pushing platforms to offer more and more sophisticated promotion engines that can help them provide customers with better promotions. It’s time to review what options NetSuite provides to online merchants. In NetSuite promotions have been evolving year after year, with SuitePromotions being the last iteration and the most current. SuitePromotions can be applied both for NetSuite backend transactions as well as SuiteCommerce and SuiteCommerce Advanced websites (Elbrus version and beyond).
Here’s a stark fact you might not be familiar with: gathering new customers costs five times as much as retaining an existing customer. For an established business, you should always be looking to generate new leads. But you should never do so at the expense of the much more lucrative Lifetime Value (LTV) of your existing customer base.
In part 1 of this topic, we covered what you need to have in place before starting any discount offers or coupon codes. Now we cover some of the valuable types of offers to push out to your followers.
Every ecommerce business has one critical tool in their back pocket – coupons and discounts. But understanding when and how to deploy this tactic is critical for successfully boosting sales and gaining customer loyalty and trust. Here are some of the top ways to make sure your discounts and offers will be successful.
Today’s customer has more power than ever, and delivering a little something extra and providing your customer an experience is a difference-maker. The market is…