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Smart CRM Basics: Customer Engagement Strategies You Don’t Want to Miss

Optimove

That’s why customer engagement must become an essential KPI for every business that cares about loyalty and lifetime value. Implement rewards/points programs, membership/loyalty programs, and VIP clubs to incentivize customers to increase engagement with your brand. How Do You Measure Customer Engagement? Reach Out ?at

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Breaking down the walls: Loyalty Magazine Awards 2019

Currency Alliance

This was my second year on the judging panel at the Loyalty Magazine Awards. Gamification and personalization have come on leaps and bounds in loyalty to supplement points and rewards. Points are perceived by customers as a kind of currency; underperforming loyalty brands, equally, prioritize this purely transactional insight.

Loyalty 49
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Consumer banking: money can’t buy loyalty

Currency Alliance

“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. Or, in the form of the now-prevalent sign-up bonuses that come from switching banks.

Banking 40
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Implementing 24/7 Customer Service for Your Business? Here Are 9 Good Reasons Why You Should!

Kustomer

Improved Loyalty. Loyalty is about more than customer retention. Digitalizing all aspects of your business communications , including offering 24/7 customer service, is likely to improve loyalty and lead more customers to becoming brand ambassadors. Improved Conversion Rates. Image source: smartinsights.com.

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How to boost your business messaging with text abbreviations

BirdEye

Common text abbreviations and their meanings Before delving deeper, let’s familiarize ourselves with a few popular texting acronyms: BRB: Be Right Back TBA: To Be Announced FYI: For Your Information LOL: Laugh Out Loud TBD: To Be Determined IMO/IMHO: In My Opinion/In My Humble Opinion IDK: I Don’t Know B2B/B2C: Business-to-Business/Business-to-Consumer (..)

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6 Surefire Tips to Grow Your B2B eCommerce Business

SurveySparrow

B2B buyers have come to demand much more from their buying journeys, and many expect a buyer experience similar to that of B2C customers. The ease of doing business is a top factor that influences customer loyalty and satisfaction across B2B markets. Invest in a Responsive Website. Simplify Payments.

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50+ Customer Experience Statistics for 2020

ProProfs Chat

Customer Experience & Loyalty Statistics. 36% of organizations aim to improve agent, desktop, and CRM experiences in 2019. 80% of B2B buyers are not only looking for but expect a buying experience like that of a B2C customer. (Source: Lumoa ) Tweet this. Customer Experience ROI Statistics. Future of Customer Experience.