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Sending abandoned cart emails can be a great way to recover these lost sales, especially when paired with a discount code or special offer. With close to 70% of all people abandoning their carts, abandoned cart email offers can be a powerful tactic to bring those people back. Unique and novelty products stand to benefit most from this type of sale, since shoppers want their gifts to be unique.People tend to be shopping for others around this time, so even if you’re selling products meant for one audience (say, children’s toys), you’ll still want to market to the people doing the buying (in this case parents).Special holiday offers are perfectly-timed to increase the average cart total when shoppers are the most eager to do so. The holiday season, including Black Friday Cyber Monday, is the biggest shopping season of the year.

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Learn more: How to Create a Hype-worthy Product Launch 3.

Use a pre-order app to allow your first batch of customers early access to your new product.

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Stay-in-touch with customers by collecting email addresses so you can update them when your product’s getting closer to launch.

Pre-launch offers are great for building awareness of your brand prior to the launch of your store or for promoting new products. If you’re still in the prelaunch stage of your business or maybe even launching a new product, you can use prelaunch offers to drive traffic and pique interest, turning new customers into loyal customers.

Emphasize the “last chance” nature of the offer, also to create urgency.

Sweeten the deal with BOGO and product bundling offers.

Use a stock countdown timer app to create a sense of urgency around dwindling stock.

Weekly or monthly discounts are great for using at the end of a quarter or season, especially if you need to sell off seasonal stock to make way for new products.

Often, these sales are used at the end of a month or quarter to increase revenues to meet business goals. These are traditional sales used to drive conversions. Let’s take a look at some of the most popular options below, along with an example for each. There are a hundred and one ways you can use sales, offers, discounts, and deals to drive customer loyalty, acquisition, and conversions. Get started 18 Coupon and Discount Code Ideas for Ecommerce Stores

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In the meantime, start building your store with a free 3-day trial of Shopify. You’ll start receiving free tips and resources soon.

Influencer offers (bloggers, celebrities, etc.).

Incentives for liking, following, and sharing on social media.

18 Discount Code Ideas for Ecommerce Stores In this post, we’ll talk about some discount code ideas you can use to drive customer loyalty and conversions and, of course, how to most effectively use them. But, used haphazardly, you can do significant damage to your brand or, worse, become unprofitable. Offering discounts can be a powerful weapon in your conversion arsenal to drive customer loyalty. There will come a time when most online merchants will be faced with the decision of whether to offer discounts, when to offer discounts, and how much the discounts should be worth.

The table below shows the credit points earned, classification awarded and premium reductions.Offers, coupons, discounts, and deals. Under Risk Rating 2.0: Equity in Action, the CRS discount is applied to the full-risk premium for all National Flood Insurance Program (NFIP) policies in the Regular Program in a participating community, including policies outside of the Special Flood Hazard Area (SFHA). The CRS activities are organized in four categories: A Class 9 community receives a 5% discount for all policies, a Class 8 community receives a 10% discount, all the way to a Class 1 community, which receives a 45% premium discount.Ĭlassifications are based on the community’s CRS credit points obtained in 19 creditable activities. A Class 10 community is not participating in the CRS and receives no discount. You can also preview the upcoming Community Rating System documents that list the communities becoming eligible effective April 1, 2023: PDF | Excel Discounts on Flood Insurance Premiums for CRS Communitiesįlood insurance premium discounts in CRS communities range from 5% to 45% and are discounted in increments of 5%. Individuals desiring greater understanding of this data can find explanations in the CRS Coordinator's Manual.ĬRS Communities Credit File Future Participating Communities The CRS Communities Credit File provides detailed data about the credit points each CRS community receives. October 2022 CRS Eligible Communities - Excel

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