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eCommerce

Tracking Customer Lifetime Value (CLV): How to Retain High-Value Buyers?

Posted by Nedina Gjorgjieva | July 3rd, 2024
A store’s customer lifetime value is a crucial insight into the long-term profitability of their business relationships.  By calculating CLV, you're not only assessing the immediate worth of a customer but also their potential future contributions to your store’s revenue.  The data from the metric allows you to focus your efforts more effectively and invest in relationships that offer the greatest return over time. Today, we will not only clarify why CLV is pivotal for business success but also provide actionable strategies to cultivate high-value buyers and proven methods to improve CLV. Check out: Most important dropshipping KPIs

Wholesale

Best Wholesale Clothing Suppliers in Germany in 2024

Posted by Dimitar Alimaskoski | June 28th, 2024
Are you looking for the best wholesale clothing suppliers in Germany in 2024? Well, look no further as you’ve arrived at the right place! Every entrepreneur who runs a brick-and-mortar shop or an online business in the fashion segment is somehow always struggling when it comes to choosing the perfect wholesale supplier. With their success being directly correlated with the products they can offer to customers, it's crucial that the items they sell will reach the standards set by their target audience. Our collection of the best wholesale suppliers in Germany can give you a quick overview of the numerous suppliers that offer the services you’re in search of. Check out: A Beginner's Guide to Buying Wholesale

Business Kick-Starter Guides

How to Create Hype Around New Product Launch on Social Media?

Posted by Nedina Gjorgjieva | June 27th, 2024
Social media has been revolutionizing how brands unveil new products by allowing direct connection with their target audience, making these platforms vital for any product launch.  Here’s why leveraging social media is essential:  it offers incredible reach and visibility across its millions of users with platforms like Meta hosting over 3.9 billion active users monthly provides real-time engagement for immediate feedback proves to be a cost-effective marketing tool with a potentially high return on investment. Find more statistics at Statista Beyond just garnering likes or shares, successful social media campaigns build anticipation, boosting brand awareness and engagement rates. They also foster a strong community that supports brand loyalty and advocacy.  In this article, we dive into the best strategies to execute a product launch on social media. Check out: Best strategies to promote your boutique

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