If you run an online store, it’s essential to prioritize simplicity and ease when it comes to first time customers navigating the buying process. This means eliminating any hurdles that could potentially hinder them from completing their purchases. The good news is that it doesn’t have to be as tricky […]
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Top 5 Ways To Reduce Abandoned Carts (WooCommerce Guide)
While it’s great to attract lots of visitors to your website, converting them into paying customers can be a challenge. For instance, almost 70 percent of digital shopping carts were abandoned last year without a purchase. Unless you can reduce abandoned carts, your online store might be losing out on […]
How To Setup An Abandoned Cart Email Sequence (3-Step Guide)
Sending an abandoned cart email sequence is an efficient way to make up for lost sales and convert cold prospects into loyal customers. Recent studies show that e-commerce companies lose $18 billion in annual sales as a result of cart abandonment. There are lots of ways you can explore to […]
6 Clever Ways To Ask For WooCommerce Customer Reviews ( Full Guide)
Consumers’ buying behavior is heavily influenced by online reviews. 94% of consumers claim to have avoided a company after reading a poor review. So, if you want to keep your store afloat, one of your top goals should be to deliberately gain positive WooCommerce customer reviews. It makes sense from […]
How To Use Store Credit For A Change Of Mind Refund
Typically, if a customer changes their mind about a purchase, they might not be able to get their money back. This can be frustrating for shoppers, who might turn elsewhere to find better customer service. Fortunately, you can offer store credit to honor a change of mind refund for your […]
11 Great Pricing Psychology Tips To Help You Sell More
Pricing psychology is all about using the way products are priced to influence a customer’s buying choices or their spending habits. It’s a strategy designed to tap into the emotions of customers to increase sales, all without changing the actual prices of products. Have you ever gone grocery shopping with […]
How Does Store Credit Work? (Complete Store Credit Guide)
You’re probably thinking, “How does store credit work?”. Well, as an online store owner, you’ll inevitably have customers who want to return your products. If you don’t offer an appealing incentive, these customers could easily turn to your competitors. To help retain customers, you can provide store credit. When customers […]
What Is An SKU Number & How To Generate One For Your Products
If you’re working on your first WooCommerce store, you might be curious about what an SKU number is. SKU stands for Stock Keeping Unit and it’s a term that you’re going to run into repeatedly while processing inventory and doing accounting. In this article, we’re going to talk about what […]
How To Set Pricing For Wholesale & Retail (Product Pricing Guide)
Calculating pricing for wholesale vs retail is always a challenge. If you sell both retail and wholesale, you’ll need different sets of prices for each customer base and for every product. Learning how to calculate those prices can mean the difference between cultivating a loyal customer base or struggling to […]
What Is Safety Stock & How Much Do You Need To Keep?
Whether you run a small retail business or a complex wholesale operation, it’s critical to understand what “safety stock” is and how much to keep. This is because it is essential to maintain adequate inventory levels at this stage. Unfortunately, figuring that out can be challenging. The good news is […]
