Tag: downturn

Have your new customers help you out of an economic downturn

If you find your store heading into a downturn (or if you’re already in the middle of one), you’ll want to rely on your existing customers more than usual. Most ecommerce stores only have 1-in-4 customers come back and make a second purchase (~27%). Improving that, even if just a little bit, can have a …

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Drawing past customers back to your Shopify store to order again

During downturns and slow recessions, it’s best to focus on your current and past customers. New customers are great but if acquisition costs are too much your profit will suffer, not a great thing in a downturn. An easy thing to help current customers buy again is sending order reminders. Schedule them to go around …

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