Beyond Philosophy

JUNE 11, 2015

Without fear of (much) argument, it’s a fair statement that all companies want, and try to generate and achieve, optimum loyalty from their customer base. They should want this because study after study shows the financial rewards of having loyal customers. Customer loyalty programs are especially popular among retailers.

Loyalty Programs 60

Loyalty Programs Loyalty Airlines Retail 60

Currency Alliance

OCTOBER 27, 2017

We have seen tremendous change across many industries during the past 40-50 years, and these changes can help predict the next evolution in the loyalty sector. Unfortunately, the customer loyalty sector has not kept pace. Most loyalty programs still retain largely the same design as 20 years ago.

Loyalty 45

Loyalty Customer Engagement Engagement Loyalty Programs 45

Currency Alliance

JUNE 11, 2019

“Extra” was a 4% interest rate which earned the average working family £100-200 a year – the kind of value you can earn from a supermarket loyalty card. This led many banks in Europe to close their rewards program over the past three years. Customers appreciate the free money, but it simply doesn’t make them loyal.

Banking 40

Banking Loyalty Consumers Loyalty Programs 40

Win the Customer

AUGUST 9, 2016

If you have an email list for your customer base, poll them on which option they would use most. Mobile payments can also reduce some of your transaction time and overhead through the issuing of automatic e-receipts , allowing customers to make quick purchases and go about their day. Streamlined Loyalty Programs.

Consumers 52

Consumers Loyalty Programs Loyalty Retail 52

ProProfs Chat

JUNE 21, 2019

The cost to acquire customers can be very high, especially if your product or service is expensive. Cost to retain customers, however, can be much lower if done right. Building customer loyalty implies you can sell multiple products and services to the same customer over a period of time.

Customer Retention 63

Customer Retention Strategy How To Case Study 63

Beyond Philosophy

AUGUST 15, 2019

At the end of 2013, the strategic NPS plummeted, and all the bonuses were canceled. Another example of a Golden Question in action occurred when Peppers was working with an automaker that wanted to recruit their customers for an owner loyalty program by giving them a gift.

Measurement 125

Measurement Net Promoter Score NPS Effort Score 125

SmartKarrot

AUGUST 12, 2022

Additionally, ChowNow also helps restaurants grow their business and customer base in two –. Two: ChowNow has a commission-free marketplace where restaurants can interact with new customers without having to pay huge margins. The main focus of the platform is to connect restaurants and their customers through food delivery.

Comparison 10

Comparison Transportation Industry Loyalty Programs 10