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Narvar Post-Purchase Benchmark Reveals New Opportunities for Retailers to Strengthen Customer RelationshipsSAN FRANCISCO, March 20, 2017 /PRNewswire/ -- Retailers that craft the post-purchase customer journeys to be proactive, relevant, and emotionally engaging foster stronger customer relationships and drive more repeat business, according to the Narvar Post-Purchase Benchmark 2017. The benchmark report is based on customer engagement data from over 300 brands and retailers over the course of the year and distills key insights by merchandise category, retailer type, average price point, and other dimensions. The report compares pre-purchase with post-purchase, and the data shows that customer engagement is sky-high during this window. When shoppers track their packages, they engage 3.1 times on average on the Narvar platform. This presents an opportunity for retailers to reach customers repeatedly during the delivery anticipation window. In addition, those pages see a click-through-rate on marketing assets that is 3x higher than average marketing emails, which garner a 3.5% average click-through-rate on average. To empower retailers to engage during this new moment of truth, Narvar will share specific benchmark insights with its clients, so they can access rel-time and historical visibility on how their post-purchase strategy compares to overall industry averages, and to averages from their vertical. Clients will have access to post-purchase benchmark data for tracking frequency, feedback (CSAT) score, marketing and support click-through rates, delivery notification opt-ins, and mobile traffic. This will allow retailers to better understand consumer behavior, engagement and revenue drivers. "Consumers have spoken and the message is clear: they want brands to actively engage with them after purchase. Retailers are recognizing that they can turn this interest into engagement, and then loyalty," says Amit Sharma, CEO of Narvar. "We created the Narvar Post-Purchase Benchmark to help our clients on this journey, so they can continuously measure and evolve their post-purchase strategies to drive meaningful business results." In conjunction with the public release of this first-of-its-kind benchmark research, Narvar will concurrently offer deeper post-purchase benchmarking capabilities for their clients. Contact Narvar to learn more. Additional findings from the Narvar Post-Purchase Benchmark: Proactive notifications from retailers increase customer satisfaction. Mass Merchant, Luxury, and Footwear lead the pack in post-purchase. The Narvar Post-Purchase Benchmark is available for free download here: https://corp.narvar.com/benchmark About Narvar
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/narvar-post-purchase-benchmark-reveals-new-opportunities-for-retailers-to-strengthen-customer-relationships-300426203.html SOURCE Narvar |