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Supermarkets: How to Build a Winning Loyalty Program

Currency Alliance

One of the earliest loyalty programs came out of the grocery sector. Broadly speaking, most of the chains’ loyalty efforts have been in proprietary, albeit digitalized versions of the original S&H program: collecting in order to redeem for rewards, some digital couponing, and pushing out offers via a mobile app.

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Let’s shape the future of loyalty programs

Currency Alliance

Every industry now has to be conscious of the heightened, personalized demands of the modern consumer, including the loyalty industry. We have the opportunity to shape the future of loyalty programs so they fit seamlessly with other liquid, flexible markets in which people interact every day. Making data actionable.

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5 Top Customer Service Articles for the Week of August 28, 2017

ShepHyken

Taking the time to read this is like attending a high-level graduate course. The Future of Customer Loyalty Programs – Now and for the Holidays by Timi Garai. For information on The Customer Focus™ customer service training programs go to www.thecustomerfocus.com. Sauter and Evan Comen. (24/7 24/7 Wall St.)

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Expiring points and what they tell us about customer loyalty in 2017

Currency Alliance

Of all the statistics to emerge from the 2017 Bond Brand Loyalty Report , the most shocking was probably that there are an estimated $100bn in loyalty points that are left unredeemed by members in North America. Of course, not all of these will go to waste. Globally the figure is much higher still.

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Punching Above Its Historical Weight: Why Retention Should No Longer Play Second Fiddle to Acquisition

Optimove

Back in 2017, HubSpot research found that “it costs anywhere from 5 to 25 times more to acquire a new customer than to retain an existing one” and that”at some point, your acquisition math will break.”. In 2018, The Loyalty Report – well – reported, that: 70% of customers are more likely to recommend brands with good loyalty programs.

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5 Top Customer Service Articles for the Week of July 24, 2017

ShepHyken

Of course, those three words are good, but there is so much more to great customer service than just being nice. The author of this article shares an example of the “Just Be Nice!” (Martech Today) While it might seem easy to get consumers to sign up for your loyalty program, keeping them active and engaged is another story.

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Next-Generation Loyalty Marketing (for experts)

Currency Alliance

This presentation is about driving customer engagement, and how the loyalty industry is transforming in order to engage with the mid-tail and long-tail customer. Loyalty programs must evolve to keep customers engaged. Every business needs a loyalty strategy, but not every business needs a loyalty points program.

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