More and more people and pets are turning to CBD as sales in the US rose to nearly $2 Billion dollars in 2022. Many CBD oil, gummies and tinctures are sold online to consumers who enjoy the convenience of home delivery. The brands and marketplaces that sell CBD products, however, often face unique challenges when it comes to offering credit card transactions, online advertising and distribution. While these challenges can make it difficult to reach new customers, they also motivate marketers to increase their focus on the retention of their repeat customers and find creative ways to increase the lifetime value of their most loyal customers. In this article, we’ll explore the hurdles that CBD merchants face and the opportunities that have become key to invest in to grow a base of loyal customers for CBD products.
How Legion Athletics Dominates the Supplement Subscription Game
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How To Export a List of WooCommerce Subscription Orders
Want to export your WooCommerce subscription orders as a list? If you’ve already started trying, then you know this seemingly simple task can be more difficult than you first thought. WooCommerce is among the most popular eCommerce platforms on the internet. It’s also one of the most popular eCommerce platforms enabling you to run a […]
How to improve your repeat customer rate and grow your business: 2022 Guide
If tracking your business’s metrics tells you something, it’s this: Customer retention is as critical as customer acquisition. Do some “customer acquisition costs vs. customer retention profits’ math, and you’ll instantly see the value of repeat customers. According to one study, it costs five times more to get a new customer than to retain one. […]
The 10 best upsell strategies to adopt in 2022: Complete guide
Upselling — or persuading your customers to buy a better version of the product they’re considering getting — is one of the best ways eCommerce businesses can boost their average order value. Upselling involves prompting consumers to get a newer, better, or more value-for-money upgrade over the one they’re considering. When done right, upselling helps […]
Complete guide to accepting recurring payments on your WordPress website using Stripe (2022)
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