The threat of rising interest rates and the ongoing economic uncertainty have left businesses reevaluating spends and operating frugally. And, with conscious spending taking over the consumer mindset, customers are now postponing new purchases or subscription renewals unless it’s essential. While it may be challenging to acquire new customers, it’s not impossible to ride out …
When we think of eCommerce revenue growth, we often gravitate toward tactics and strategies for attracting new customers, optimizing the shopping experience, and expanding our reach. But this isn’t the only way to deliver revenue growth (and it may not even be the most effective). In eCommerce, customer retention is just as critical as new …
Continue reading “14 Proven eCommerce Customer Retention Strategies”
It’s a great time to be in the subscription box business. Subscription boxes have been on the rise for years, and the COVID-19 pandemic has given them a massive boost. 20% of US consumers subscribed to a box during the pandemic just to have these products available without going to a store. And it’s not …
Continue reading “How To Create A Subscription Box Business Plan?”
By 2025, it’s estimated that eCommerce will make up 24.5% of all retail shopping worldwide. This includes everything from B2B to B2C retail sales. To be competitive in the eCommerce space, the platform you use needs to be adaptive. You have to be able to change things as you see fit and not be tied …
Continue reading “12 Best Headless eCommerce Platforms in 2023”
Subscription boxes are nothing new, but they’re enjoying more success than ever, thanks to a consumer base that values convenience and price above all. The subscription box market is enjoying rapid growth propelled, in part, by the pandemic, which shuttered shops and drove shoppers to the internet. Consumers want a frictionless shopping experience, which means …
Continue reading “Subscription Box Industry Trends and Opportunities for Businesses”
Customer churn is a frequent issue eCommerce businesses face. When you’re trying to build a customer base that delivers recurring revenue, you want to ensure that your eCommerce churn rate is as low as possible. Churn occurs when customers take their business elsewhere. This is true for both online stores and eCommerce stores that sell …
Continue reading “What Is eCommerce Churn and How to Calculate it?”
Chargebee’s Summer 2022 Product Release is here to help you make your existing customers stay with you, find value in your offerings, and continue paying you.
Run pricing and packaging experiments without developer dependency, expand into newer markets, improve your sales workflows, and move the needle on your top-line growth.
Chargebee RevRec continuously evolves our product to ensure high-growth businesses can recognize revenue accurately, and at maximum efficiency.
Launching Chargebee Retention with a lineup of exciting new features that help save customers and strengthen subscriber lifetime value.
Meet Chargebee Receivables–collect up to 20% more revenue from your offline invoices and recover failed payments, with an intuitive customer engagement.
What are the 5 main benefits of Accounts Receivable (AR) automation and why do you need an intelligent revenue system to automate your AR?