Remove 2021 Remove Customer Base Remove Customer Centricity Remove Loyalty Programs
article thumbnail

Top 6 Loyalty Trends for 2021

Currency Alliance

2021 will be another year in the long-term journey to become customer-centric, balance the economics of loyalty programs to deliver more value to customers, and ensure the right systems are in place to reduce dependencies on the IT department or vendors. Accelerating customer-centricity.

Loyalty 52
article thumbnail

Loyalty trends for 2022, and imperatives through 2030

Currency Alliance

Did you hear the term ‘Big Data’ during 2021 (or 2020 for that matter)? I heard it once, two weeks ago at a loyalty conference in London. Loyalty trends were being discussed, as well as what had been hot topics in prior years – some of which just faded away as fads. Loyalty programs are no different.

Loyalty 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Customer Satisfaction Best Practices: Insights for Marketing Experts

SurveySensum

A company, despite investing heavily in marketing and advertising, struggles to retain its customer base and faces a decline in sales. Well, here’s a startling statistic to ponder: 82% of customers stop doing business with a company due to poor customer service. Sound familiar?

article thumbnail

An Ultimate Guide to Customer Loyalty

CustomerSuccessBox

How to Increase Customer Loyalty. We can discern four axes to develop customer loyalty within your company: Keep in touch with your customers Learn more about your customers Create loyalty programs Provide relevant advice. Create loyalty programs. To stay in contact. Conclusion.

Loyalty 52
article thumbnail

Quick Tips to Create a Customer Satisfaction Strategy

SurveySensum

These compelling numbers underscore the importance of customer experience and emphasize that it should not be taken lightly. An excellent example of a company that has successfully implemented customer-centric initiatives is Amazon. According to a research report by Antenna , the customer churn rate of Netflix was 2.4%

article thumbnail

Quick Tips to Create a Customer Satisfaction Strategy

SurveySensum

These compelling numbers underscore the importance of customer experience and emphasize that it should not be taken lightly. An excellent example of a company that has successfully implemented customer-centric initiatives is Amazon. According to a research report by Antenna , the customer churn rate of Netflix was 2.4%

article thumbnail

iOS 14.5: The New Frontier of Ecommerce Retention

Retently

in April 2021, the heavily marketed update was supposed to give Apple consumers more control over their data. Launch loyalty programs For 78% of US consumers , a good loyalty program encourages them to buy more, while 72% are more likely to recommend brands to others. What do privacy updates mean to the industry?