You would have definitely heard about Customer retention and Cart abandonment in the journey of growing your eCommerce business. Well, if you are an early bird into eCommerce, knowing the following stats is must to get your online store growing,
One… Online Cart Abandonment- 7/10 online customers abandon shopping carts.
Which means 70% of people shopping at your store add products to their cart but exit without checking out.
That’s 70% of potential sale volume waiting in abandoned carts.
Two… Customer Retention – Retaining an existing customer saves you 5 times the cost of acquiring a new customer.
Say, you have to be spending $5 to make a new customer buy something at your online store but spend $1 to make an existing customer buy again at your store.
That’s some serious statistics. Right?
Now, what if you can tackle both the above eCommerce situations with a single marketing tool. And that single tool to boost both passive and active sales conversions.
Hold on… That’s new again…
What’s meant passive and active sale conversions?
Active Sale conversions – The sale conversion that happens when your existing customers are repeatedly purchasing at your store.
Passive Sale conversions – The abandoned sales that are waiting in the carts to be recovered.
There’s a tool to make it happen! You can scale both the active and passive sale conversions in your online store and it has a FREE version too!
Retainful – The FREE conversion tool for WooCommerce and Shopify
Retainful is a conversion marketing tool to scale online revenue for Shopify and WooCommerce stores. This powerful tool reminds customers about their abandoned carts thereby increasing the chances to recover 70% of abandoned cart sales.
This tool can send Abandoned cart recovery emails automatically to the customers who have abandoned their carts and request them to recover it.
Next, Retainful is an excellent coupon management plugin for eCommerce stores. The tool lets you generate unique coupon codes on every purchase and motivates customers to use that coupon code to make repeated purchases to avail a special discount.
- Next order coupons are a discount method to offer coupon codes to customers that can be used on their next purchase.
Retainful can also help you to acquire new customers at a low cost using the Referral program. Run a Referral program effortlessly and turn your existing customers into brand advocates, this helps you foster customer loyalty and retain your customers.
- Referral program is a marketing method where you can leverage your existing customer by offering rewards and acquire new customers.
Why your online store needs Retainful?
Saving is Earning!
Retainful gives you a unique set of tools to boost your online revenue. A marketing case study says that the stakes selling a product to a new prospect is only 5-20% while the success rate of selling to an existing customer is 60-70%.
Retainful achieves you that 60-70% of sales.
Features of Retainful
- Automatically send email notifications
- Schedule and automate cart recovery email reminders
- Unlimited cart recovery emails
- Single-click recovery link to recover the abandoned product items
- Compare the abandoned cart value and recovered cart value
- Track your customer behavior
- Automatic coupon code generator
- No more generic coupon codes
- Unlimited number of coupon codes
- Setup a Referral program easily
- Offer percentage discount, price discount and Free shipping as rewards
- Send Referral emails automatically
- Add the code to the transactional emails programmatically
- Customize storefront Referral widgets effortlessly
- Single-click to apply coupon automatically to the customer cart
- Actionable customer and email insights
- Allows you to stay in touch with your existing customer base
- Increase in Up-sell and cross-selling opportunities
- Saves your customer acquisition cost by 5 times
- Increased revenue by recovering the 70% of passive sales
- Earns your customer loyalty
How Retainful works?
Retainful helps you recover at least 40% of your abandoned sales through targetted email marketing. The tool automates cart recovery email reminders to customers whenever they abandon shopping carts.
You can schedule and automate the cart recovery emails with a unique action-based single-click recovery link. The customers can recover the abandoned cart items by simply clicking on the link.
Retainful helps your eCommerce store to drive repeat purchases from existing customers. The basic idea revolves around coupons and discounts. This smart coupon plugin generates unique coupon codes referred to as Next order coupons.
And the beautiful thing is that Retainful sends the next order coupons automatically to the customers along with the order transactional emails after every purchase. The coupon discounts can be either flat or percentage and the customers can use the discount coupon on their next purchase at your online store.
Well, Retainful also gives you the most simple and data rich dashboard,
- Retainful offers you a featured dashboard with complete analytics on how your transactional emails and cart recovery emails perform.
- You can compare the abandoned cart value vs recovered cart value to track online sale conversion.
- Also, get actionable customer insights like a list of customers who have opened the coupon email and who have used the next-order coupons.
Desserts End Dinners!
What follows is the Sweetest thing of all. If you have anywhere in the post missed about the pricing of the tool and ask me what is that you gotta pay to buy, I say Pay Zero!
Yes, Retainful is FREE!
You can recover the 70% of lost sales and can drive repeated purchases for FREE.
Download the plugin now & Get your Head Start!