Currency Alliance

JUNE 16, 2020

While travel and retail brands have made a lot of progress in the last 24 months, the bulk of innovation has come from other consumer sectors – including media businesses, entertainment, and telecoms providers, which in recent years appeared to regard loyalty as a lost cause. Hybrid points programs.

Loyalty 52

Loyalty Innovation Travel Loyalty Programs 52

Forrester

JULY 1, 2015

Yet my 25,000 miles in 3 months on a certain airline didn't align with their pre-set qualification period, so I didn't receive status nor am I recognized in any way when I fly with them. That lack of recognition undermines loyalty, yet I'm precisely the type of customer whose loyalty they should be eager to gain. measure CX.

Customer Experience 40

Customer Experience Airlines Loyalty Programs Loyalty 40

Bold360

APRIL 27, 2017

Time and time again they top the list of airlines to which customers feel loyal. One great example is how frequent fliers with elite status on other airlines can make the jump to JetBlue and start reaping the rewards of the premium Mosaic status immediately. engender loyalty! Take a look at JetBlue.

Tourism 56

Tourism Travel Customer Service e-support 56

SurveySensum

JULY 13, 2023

They are an essential tool to measure your customer experience. For example, you can launch a CES survey to measure the ease of your customers with the payment process. Touchpoints Post-purchase services, customer support, loyalty programs. To assess the user-friendliness of your loyalty program. Why Survey?

Retail 52

Retail Survey Tools Customer Experience 52

SurveySensum

JULY 13, 2023

They are an essential tool to measure your customer experience. For example, you can launch a CES survey to measure the ease of your customers with the payment process. Touchpoints Post-purchase services, customer support, loyalty programs. To assess the user-friendliness of your loyalty program. Why Survey?

Retail 52

Retail Survey Tools Customer Experience 52

SurveySensum

SEPTEMBER 26, 2023

For example, the AAdvantage program by American Airlines rewards frequent flyers with miles that can be redeemed for free flights, seat upgrades, and other travel-related benefits. Implement a loyalty program where existing customers can earn rewards for referring new users to your product.

Strategy 52

Strategy Management User Experience Measurement 52

ReviewTrackers

MAY 8, 2017

Session topics include how to make the most of customer feedback , the different elements of ROI, employee engagement, the continued role of NPS in measuring customer satisfaction, agile operations, and in-depth measurement and insight, among others. Interactive Customer Experience (ICX) Summit. Forrester CXNYC.

Conference 50

Conference Omni-Channel Customer Journeys Customer Experience 50

ProProfs Chat

MAY 31, 2019

How to Cultivate Customer Loyalty. The primary purpose of a customer loyalty program is to leverage the current customers into promoting the brand and retaining new customers. The question arises as to what approach should a business take to cultivate brand loyalty among its customers. It is Cost Effective.

Loyalty Programs 66

Loyalty Programs Loyalty Net Promoter Score How To 66

Currency Alliance

MAY 20, 2024

Back in 2017, when interchange fees were slashed by the European Union, most banks’ response was to simply to give up on their loyalty program; this was lazy and a huge strategic mistake. Every bank needs a loyalty strategy – even if they don’t have a points-based loyalty program.

Banking 52

Banking Loyalty Loyalty Programs Ecommerce 52

Currency Alliance

JUNE 11, 2019

The smart ones kept a loyalty strategy even if they eliminated the points, but some foolishly acted as though their rewards program was their loyalty strategy – and threw the baby out with the bath water. For a time, banks hoped that third-party CLO providers would help banks achieve their loyalty goals.

Banking 40

Banking Loyalty Consumers Loyalty Programs 40

Qualtrics

FEBRUARY 20, 2020

Don’t measure. Learn how data and insights drive everything from new product breakthroughs like Uber Comfort to driver loyalty programs to keep Uber ahead of the game. Lori Winters, Senior Director Employee Experience & Change Southwest Airlines & Lynne Oldham CHRO at Zoom. Leonie Brown, XM Scientist.

Government 32

Government Employee Experience Leadership Employee Engagement 32

Currency Alliance

FEBRUARY 26, 2021

So, with competition across nearly every category, all companies now need a loyalty strategy. Not every company needs a loyalty program with points, gift cards, or other incentives, but very few businesses can survive without a base of loyal customers that makes up 30-50% of recurring total sales.

Loyalty 59

Loyalty Customer Engagement Engagement Airlines 59

SurveyGizmo

FEBRUARY 4, 2021

Loyalty and retention are not the same, but they are definitely related. Loyalty is personal and emotional, while retention is a financial measure, is what Ryan Tamminga, VP of Customer Success at Alchemer, and Vanessa Bagnato, Director of Enterprise Solutions at Alchemer, explained recently in a webinar.

Loyalty 98

Loyalty Net Promoter Score Airlines Loyalty Programs 98

Currency Alliance

DECEMBER 4, 2023

Loyalty trends, as we’ve said in our previous years’ trends articles, are interesting to think about – but they are not necessarily reflective of what your own brand should be focusing on in the next year. The article covers the various brands which have joined the Scene+ loyalty coalition.

Loyalty 59

Loyalty Trends Data Marketing 59

Kustomer

NOVEMBER 25, 2021

Gabe Larsen: (6:43) Oh, so it’s the concept, yeah, like this delighting concept of the measurement of delight didn’t really have any differentiation when it came to any business outcomes. It was that we tried to get the quant guys to make that finding go away because it just didn’t jive with our whole goal of the study.

Customer Service 98

Customer Service Effort Score Self Service Customers 98

Currency Alliance

MARCH 30, 2022

Such a simple program quickly revealed invaluable insight into the customer and opened a whole new channel of communication across email, SMS and good old post! but within a few years it had become South Africa’s leading loyalty program. Loyalty departments have not always had easy relationships with CFOs and CEOs.

Loyalty 52

Loyalty Loyalty Programs Resources Airlines 52

Currency Alliance

FEBRUARY 26, 2019

Having benchmarked and talked to hundreds of loyalty programs in the past few months, what we think program leaders ought to be doing during the next 3-6 months is preparing a plan to realign their loyalty program design with the broader business strategy and core value propositions. Customer data: maximize ROI.

Loyalty 45

Loyalty Strategy Loyalty Programs Hotels 45

Currency Alliance

DECEMBER 13, 2018

At first glance, this year’s Gartner CMO spend survey may not make for happy reading for loyalty marketers. Loyalty program management’ was reported as CMO’s lowest priority, with 4.8% Firstly, loyalty tech isn’t as expensive as it used to be. Loyalty wasn’t even an afterthought. of budget, down from 6.6%

Loyalty 45

Loyalty Trends Loyalty Programs Rewards Programs 45

SurveySensum

FEBRUARY 20, 2024

Measure and Analyze Performance : Monitor metrics such as conversion rates, customer satisfaction scores, retention rates, and lifetime value to identify areas for improvement and measure the impact of your strategies. This could include targeted discounts, exclusive deals, or customer loyalty programs.

Customer Satisfaction 52

Customer Satisfaction Self Service Strategy Customer Journeys 52

SurveySensum

FEBRUARY 20, 2024

Measure and Analyze Performance : Monitor metrics such as conversion rates, customer satisfaction scores, retention rates, and lifetime value to identify areas for improvement and measure the impact of your strategies. This could include targeted discounts, exclusive deals, or customer loyalty programs.

Customer Satisfaction 52

Customer Satisfaction Self Service Strategy Customer Journeys 52

Currency Alliance

AUGUST 22, 2022

The Points Bank in a loyalty program is the module of software that keeps track of all transactions related to issuing, redeeming, or exchanging points among loyalty program members, partners and other stakeholders. It’s also worth mentioning that points banks can be used in non-points based loyalty programs.

Banking 52

Banking Loyalty Loyalty Programs Airlines 52

Currency Alliance

DECEMBER 17, 2019

But there remain some fundamental things that loyalty programs need to achieve to weather the looming storm that open banking, mobile payments, aggregation models, and other marketplace dynamics will bring. More customers will want to earn more loyalty currencies – which is potentially fantastic for all brands.

Loyalty 64

Loyalty Strategy Loyalty Programs Travel 64

Currency Alliance

JUNE 19, 2019

Independent of individual program achievements, the most important development across the industry has not been in individual technological triumphs, but a hastening structural shift in how brands understand and approach the purpose of their loyalty programs. This effort is a marked improvement. Kudos to them.

Loyalty 49

Loyalty Loyalty Programs Gamification Airlines 49

Currency Alliance

NOVEMBER 17, 2020

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. Rebalancing loyalty program economics.

Loyalty 52

Loyalty Trends Loyalty Programs Travel 52

Kustomer

MARCH 12, 2020

Oh, so it’s the concept, yeah, like this delighting concept of the measurement of delight didn’t really have any differentiation when it came to any business outcomes. It was that we tried to get the quant guys to make that finding go away because it just didn’t jive with our whole goal of the study. Gabe Larsen: (6:43).

Effort Score 52

Effort Score Self Service Customers Multi-Channel 52

Currency Alliance

NOVEMBER 14, 2019

Nobody in loyalty could have missed The Times’ headline in October, about the Committee for Climate Change (CCC) proposal to start taxing frequent flyer programs (FFPs), or even to shut them down, under the assumption that they increase flying. Nonetheless, the legacy loyalty points bank kept them from innovating more quickly.

Loyalty 40

Loyalty Trends Loyalty Programs Hotels 40

Currency Alliance

OCTOBER 29, 2019

The following quote baffles my mind: According to IRI Worldwide, 74% of consumers globally choose a store based on its effective loyalty programme.[i]. If 74% of consumers choose a store based on their loyalty program, then why do few loyalty programs have more than 25% of their customers participating?

Loyalty 40

Loyalty Loyalty Programs How To Hotels 40

Pointillist

JUNE 15, 2018

Though acquisition seems more attractive because acquisition campaigns yield faster, more measurable results than customer retention campaigns, it is important to take a long-term view and remember that your company’s future revenue and profitability will depend largely on retaining your existing customers. How to Measure Customer Retention.

Customer Retention 110

Customer Retention Analytics Loyalty Programs Customer Journeys 110

Currency Alliance

FEBRUARY 10, 2021

If a new CEO replaced you tomorrow, and had no previous connection to the current loyalty program, what changes do you think she would make? We hear loyalty leaders state all the time that they have embraced ‘best practices’. That’s right, loyalty programs should be a profit center.

Loyalty Programs 52

Loyalty Programs Loyalty How To Touchpoint 52

ProProfs Chat

DECEMBER 21, 2020

Analyze and Measure Your Churn. To put it bluntly, you can’t improve what you don’t measure. Act on the feedback gathered and take actionable measures to make necessary changes. So, what should you do when you have a bunch of customers who have been standing by your brand loyalty for years? Let’s dive in! Reward them!

Strategy 98

Strategy Loyalty Programs Customers Loyalty 98

Qualtrics

APRIL 30, 2019

Customer experience is everything in the airline industry. From the routes they fly to the booking process and the on-board experience, every touchpoint with customers is an opportunity for airlines to deliver breakthrough experiences that build their reputation and help them stand out in a fiercely competitive sector.

Feedback 42

Feedback Airlines Loyalty Programs Loyalty 42

SurveySparrow

SEPTEMBER 20, 2022

Colleen Barrett, Southwest Airlines, President Emeritus: “To earn the respect (and eventually love) of your customers, you first have to respect those customers. Roger Staubach, Board Member of American Airlines and Cinemark: “At a car dealership, the person who sells the car is the hero, and also gets the commission.

Customer Success 52

Customer Success Airlines Effort Score Net Promoter Score 52

Currency Alliance

MARCH 21, 2019

The sea-change in marketing technology is evident in the Gartner CMO survey, which tracked spending across all marketing disciplines: …most of which are rooted in martech solutions, younger than loyalty program management technologies, but all united by the common need to share customer data and use it to drive results.

Loyalty 58

Loyalty Banking Loyalty Programs CRM 58

Pointillist

MAY 23, 2018

Measure the impact of customer behavior on KPIs (e.g. Handpicked Related Content: Make Your Journey Maps Measurable with Customer Journey Analytics. Make Your Journey Maps Measurable with Customer Journey Analytics. Handpicked Related Content: Make Your Journey Maps Measurable with Customer Journey Analytics.

Customer Journeys 90

Customer Journeys Analytics How To Touchpoint 90

Currency Alliance

APRIL 10, 2021

If a new CEO replaced you tomorrow, and had no previous connection to the current loyalty program, what changes do you think she would make? As CEO, the time you can dedicate to your loyalty program is probably close to zero. Most loyalty programs report how many members they have. referring friends.

Loyalty 52

Loyalty Marketing Loyalty Programs Touchpoint 52