The eCommerce Marketing Podcast walks you through everything that goes into ecommerce marketing — from inbound marketing to paid advertising to conversions. Learn the strategies top marketing experts use to grow their businesses.
Marketing Strategies Revealed in this Episode:
- The importance of increasing customer retention and the average order value
- Effective ways to do post purchase upsell
- How to make customer communication personal
- Other ways to improve average order value
- Average order value improvement statistics
Episode Title: Increasing Customer Retention and Average Order Value – with Ruth Even Haim
Guest: Ruth Even Haim, Co-Founder of StilyoApps
In this episode of the eCommerce Marketing Podcast, host Arlen Robinson interviews Ruth Even Haim, the co-founder of StilyoApps. Ruth shares her journey from being a Shopify merchant to developing apps that help merchants automate processes and increase revenue. She discusses strategies for increasing customer retention and improving average order value, focusing on the post-purchase experience and the optimization of the thank you page.
Key Takeaways:
- Ruth’s Background and Journey to StilyoApps (00:01:09):
- Started as a Shopify merchant, identified gaps, and moved into app development.
- Focused on creating tools to help merchants optimize their stores and increase sales.
- Importance of Customer Retention and Average Order Value (00:03:37):
- Repeat customers spend up to five times more than new customers.
- Retaining customers and encouraging repeat purchases are crucial for long-term business success.
- Effective Post-Purchase Upsell Strategies (00:06:20):
- Offer exclusive discounts that are higher than general promotions.
- Limit the number of upsell offers to avoid overwhelming customers (1-3 upsells recommended).
- Use pop-ups with timers to create urgency and encourage immediate action.
- Design and Layout of Upsells on the Thank You Page (00:09:04):
- Spread out upsell offers across the page to avoid clutter.
- Use pop-ups that appear a few seconds after the thank you page loads to catch attention.
- Making Customer Communication Personal (00:11:51):
- Communicate on platforms where customers are most active (email, SMS, Facebook Messenger, etc.).
- Collect customer data (e.g., birthdays, preferences) through surveys and forms to personalize communication.
- Utilizing the Thank You Page (00:16:29):
- Add elements that enhance the customer relationship (e.g., videos, brand story).
- Encourage social media sharing and follow-ups to increase engagement.
- Statistics on the Effectiveness of Thank You Page Optimization (00:19:31):
- The thank you page is viewed on average 2.5 times per order.
- Optimized thank you pages can have conversion rates between 1-7%, with some exceptional cases reaching up to 15%.
- Stores using optimized thank you pages can see revenue increases between 5-15%.
Guest Information:
- Name: Ruth Even Haim
- Position: Co-Founder of StilyoApps
- Website: StilyoApps
- Social Media: Reconvert App on Instagram