bayotech study results Archives

E-Commerce Churn Mitigation Strategies

spartanist / June 28, 2020

# Optimizing E-Commerce Churn: Strategies for a Sustainable Business Model In today’s competitive e-commerce landscape, retaining customers is crucial for long-term success. According to a study by BayoTech, the average customer lifespan in e-commerce is around 2 years, resulting in an estimated 75% of customers churning within this timeframe. This alarming statistic highlights the need […]

bayotech study results, customer retention, customer service importance, e-commerce strategies, email campaigns, loyalty programs, marketo data analytics, proactive churn mitigation initiatives, shipping optimization, supplier collaboration strategies, sustainable business model