Oracle

APRIL 6, 2021

2020 forced supermarkets and grocery retailers into reinvention mode. From the way consumers buy groceries to how they’re rewarded for their loyalty, the impact of shopping for essentials in a pandemic has permanently changed the grocery market. Digitize your program. Offer personalized discounts and cash back.

Loyalty Programs 71

Loyalty Programs Retail Loyalty Rewards Programs 71

Oracle

SEPTEMBER 16, 2020

Some retailers now have an additional challenge, and that’s staying relevant for customers in this new economic landscape. With this in mind, let’s take a look at 3 ways retailers can leverage loyalty engagement programs in this new normal. Retailers can no longer depend solely on driving in-store traffic.

Loyalty Programs 67

Loyalty Programs Retail Loyalty Touchpoint 67

ShepHyken

APRIL 28, 2024

5 Reasons Why VIP Customers Are the Key to E-Commerce Growth by Josh Kim (Total Retail) VIP customers significantly impact a business’ bottom line, often contributing a substantial portion of total revenue. My Comment: I’ve been studying how different brands are creating successful loyalty programs.

Loyalty Programs 67

Loyalty Programs Customer Service Self Service e-support 67

Currency Alliance

MARCH 28, 2023

Pay with points is trending upward in loyalty marketing for three main reasons. Over the past 3-4 years, brands with loyalty programs have been more focused on offering members new ways to redeem points and obtain interesting rewards.

Loyalty Programs 52

Loyalty Programs Loyalty Hotels Airlines 52

ShepHyken

APRIL 14, 2024

Balancing Customer Loyalty in an Age of Growing Business Costs by Tom Behnke (Retail TouchPoints) Consumers again and again have propped up the economy, fueling consistently strong growth in ecommerce and giving the retail industry an important edge in otherwise dark times. Loyalty Programs Should Encourage Competition.

Net Promoter Score 72

Net Promoter Score Loyalty Programs Customer Service Ecommerce 72

CSM Magazine

AUGUST 21, 2023

Customer engagement has become one of the most critical success factors for retailers looking to drive sales, loyalty, and overall business growth. However, with the increasing complexity and diversity of today’s retail environment, engaging with customers has become a more challenging task.

Retail 52

Retail Customer Engagement Engagement Social Media 52

Customers That Stick

SEPTEMBER 18, 2014

Here’s a look at how to target Millennials effectively through loyalty programs. A recent study by Bond Brand Loyalty found that nearly 70 percent of those surveyed said they’d change where they shop because of the presence of a quality loyalty program, indicating that Millennials are highly responsive to retailer loyalty programs.

Loyalty Programs 133

Loyalty Programs Loyalty Social Media Study 133

SurveySensum

JULY 26, 2023

Do you know what’s the biggest problem in retail? According to the research study conducted by Harvard Business School, The Economics of E-Loyalty , increasing customer retention rates by 5% increases profits by 25% to 95%. These programs will help you foster a long-lasting and meaningful relationship with your customers.

Customer Retention 52

Customer Retention Retail Strategy Social Media 52

SurveySensum

JULY 27, 2023

According to Salesforce’s third edition of the State of the Connected Consumer Report , 64% of customers expect tailored experiences based on their preferences. Customer feedback is an invaluable tool that empowers retailers to create exceptional, personalized experiences that keep customers coming back for more.

Retail 52

Retail Examples Feedback Customer Experience 52

Beyond Philosophy

JUNE 11, 2015

For the past several decades, many companies have relied on customer loyalty cards or programs, by which they can track purchase behavior and give rewards for repeat and volume buying activity. Customer loyalty programs are especially popular among retailers. Let’s start with the biggest retailer – Walmart.

Loyalty Programs 60

Loyalty Programs Loyalty Airlines Retail 60

InMoment XI

MAY 4, 2023

In one segmentation use case, a major Retailer Co leveraged existing capabilities and assigned unique Guest IDs to consistently collect detailed data on customers. You can strengthen your experience management efforts by understanding your customer segments and taking special action to better serve those populations.

Strategy 295

Strategy Customer Experience How To Loyalty Programs 295

Lumoa

MAY 19, 2022

Retailers need to assess all of the potential variables impacting the performance of their shopping apps to be successful and customer reviews allow them to collect feedback directly from the source. Ensuring high customer satisfaction levels can help you achieve these goals and place your retail business on a growth trajectory.

Report 208

Report Ecommerce Retail Customer Satisfaction 208

SurveySensum

JUNE 1, 2023

Retail businesses thrive on repeat customers. Benchmarking the NPS score of your retail business with your competitors can help you understand what they are doing better than you and improve your overall business performance. In today’s retail landscape, customer loyalty is a currency that’s hard to come by.

NPS 52

NPS Retail Effort Score Net Promoter Score 52

ShepHyken

OCTOBER 9, 2020

By this time, one of the retailers’ biggest problems is, ironically, empty shelves and high demand for sanitizing items. Consumers are panicked and they need reassurance of safety measures being taken by retailers. Online grocery shopping sees a mindblowing evolution, one that retailers could have never foreseen.

Retail 137

Retail Customer Experience Multi-Channel Omni-Channel 137

SurveySensum

JULY 13, 2023

Improving retail customer experience for your brand is not only an expectation from your customers but also a requirement for your business growth. In today’s competitive retail landscape, customer experience has emerged as an important factor that can either make or break a business. Then this guide is for you. Why Survey?

Retail 52

Retail Survey Tools Customer Experience 52

SurveySensum

JULY 13, 2023

Improving retail customer experience for your brand is not only an expectation from your customers but also a requirement for your business growth. In today’s competitive retail landscape, customer experience has emerged as an important factor that can either make or break a business. Then this guide is for you. Why Survey?

Retail 52

Retail Survey Tools Customer Experience 52

ShepHyken

DECEMBER 26, 2022

2022 Look Back: Most Read Retail CX News of the Year by Retail Customer Experience. Retail Customer Experience) The year 2022 was a year of rebound, rebirth and technology as retailers, coming out of COVID-19, were centered on pulling shoppers back into stores while tackling a challenging supply chain scenario.

Loyalty Programs 64

Loyalty Programs Customer Service Self Service Retail 64

SurveySensum

JULY 18, 2023

That’s the power of personalization in online retail. Personalization in retail is not a new concept but it is a concept that retailers still fail to grasp. But why is personalization such an important strategy in ensuring a positive customer experience in retail? What is Personalization in Retail?

Retail 52

Retail Customer Experience Chatbots Touchpoint 52

Customer Guru

JUNE 26, 2018

Rather, it is a necessity for retail marketing today. It is made up of several touchpoints over a range of seamlessly connected channels that allow customers to pick where they left and continue the experience on another channel. What is an omnichannel experience? Omnichannel experience is not just a buzzword.

Omni-Channel 82

Omni-Channel Retail Loyalty Programs Social Media 82

CSM Magazine

MARCH 13, 2024

Retail businesses and service industries are now using these pixelated squares to provide exceptional service to their customers in innovative and efficient ways. Access to Product Information QR codes on product packaging can connect customers to a wealth of information in an instant. Let’s take a look.

Customer Service 52

Customer Service Loyalty Programs Automotive Retail 52

Alida

JANUARY 19, 2017

Aware of the increasing competition and decreasing margins, some activewear retailers are looking for new ways to stand out. These retailers are embracing more immersive strategies, bringing unconventional experiences into physical retail. The rise of experiential retailing.

Retail 100

Retail Apparel ROI Loyalty Programs 100

ShepHyken

JANUARY 25, 2021

It’s prime time for retailers to grow an Amazon-level loyalty program by Tom Caporaso. Retail Customer Experience) Clarus Commerce CEO Tom Caporaso believes it’s time for retailers to take advantage of the new membership economy. My Comment: Here’s a great article about customer loyalty.

Customer Service 156

Customer Service Guest Experience Loyalty Programs Hospitality 156

SurveySensum

JULY 6, 2023

Yet, despite these efforts, you notice a decrease in sales and declining customer loyalty. Even as a retail giant , Reliance Trends struggles with customer retention. And, here’re the 7 best practices that you can use to embrace customer satisfaction in retail. It’s disheartening, right? So, what’s missing?

Customer Satisfaction 52

Customer Satisfaction Retail Tips Marketing 52

SurveySensum

JULY 6, 2023

Yet, despite these efforts, you notice a decrease in sales and declining customer loyalty. Even as a retail giant, Reliance Trends struggles with customer retention. And, here’re the 7 best practices that you can use to embrace customer satisfaction in retail. It’s disheartening, right? So, what’s missing?

Customer Satisfaction 52

Customer Satisfaction Retail Tips Marketing 52

Experience Investigators by 360Connext

NOVEMBER 13, 2014

The latest Retail Customer Experience report, Retail Future Trends 2015 , highlights how both consumers and retailers are feeling about trends in retailing. Want to appeal to consumers in retail? Most shoppers (86%) said that a retailer having an online presence is “important,” “very important” or “critical.”

Customer Confidence 279

Customer Confidence Report Loyalty Programs Retail 279

ShepHyken

JANUARY 7, 2024

Deloitte Shares Loyalty Trends and Best Practices for 2024 by Alicia Esposito (Retail TouchPoints) To drive customer retention and loyalty, most brands and retailers continue to rely on purchase discounts (77%) and loyalty program points (61%), according to Retail TouchPoints research.

Customer Service 66

Customer Service Loyalty Programs Contact Center Financial 66

SurveySensum

JULY 19, 2023

This statistic emphasizes the critical role that retail customer experience plays in customer loyalty, brand advocacy, and business growth. Why not ask the brands that are winning at retail customer experience? One notable example of this is their introduction of the program ‘Nike By You.’

Retail 40

Retail Examples Customer Experience Social Media 40

ShepHyken

FEBRUARY 18, 2024

Exploring Customer Loyalty and Retention by Vijay Iyer (Total Retail) Effective customer retention extends beyond product or service quality, emphasizing ongoing customer engagement post-purchase. My Comment: Lately, I seem to be attracted to articles on loyalty programs. Connect with Shep on LinkedIn.

Customer Service 61

Customer Service Net Promoter Score Loyalty Programs Gamification 61

ShepHyken

SEPTEMBER 10, 2023

How the ‘Zero Consumer’ is Inspiring Innovative Visual Imagery for Retail Success by Peter McCall (Total Retail) Consumers’ shopping expectations have skyrocketed. In the last couple of years, there has been a radical shift in this with brands foraying into loyalty with full force.

Customer Service 80

Customer Service Loyalty Programs Retail Loyalty 80

SurveySensum

JULY 4, 2023

The same goes for retail stores. You can create a well-organized store layout for your retail store by following these tips: Proper placements of signage: Place proper and clear signage at different places to guide customers to different sections, departments, and promotional areas. That’s the universal truth.

Retail 52

Retail Customer Experience Touchpoint Survey 52

SurveySensum

JULY 4, 2023

The same goes for retail stores. You can create a well-organized store layout for your retail store by following these tips: Proper placements of signage: Place proper and clear signage at different places to guide customers to different sections, departments, and promotional areas. That’s the universal truth.

Retail 52

Retail Customer Experience Touchpoint Survey 52

CSM Magazine

JULY 14, 2021

A recent study from LoyaltyLion has found that if retailers can create emotional connections with their customers, they will see a greater ROI from their marketing investment. Shoppers want to be able to connect with the brand and other customers. Customers want to feel aligned to brands.

ROI 52

ROI Connections Marketing Ecommerce 52

ShepHyken

AUGUST 28, 2020

He writes about the advantages of contactless transactions for both employees and retailers during the pandemic and beyond. But one pandemic-driven technological shift that is gaining more attention in the retail sector than any other measures and will remain even after the pandemic is over, is – contactless payment. FOR RETAILERS.

Retail 121

Retail Customer Experience Technology Consumers 121

ShepHyken

OCTOBER 29, 2023

Traditional loyalty programs, which often offer points or cash rewards, are being outdone by a new trend: experiential rewards. My Comment: I’m a fan of rewards and loyalty programs for a reason. Done well, they foster repeat business and can lead to true customer loyalty.

Customer Service 65

Customer Service Loyalty Programs Ecommerce Loyalty 65

CSM Magazine

MARCH 19, 2021

IRI , a global leader in innovative solutions and services for consumer, retail and media companies, today announced that it has acquired Intelligent Shopper Solutions (ISS). ISS is a leading retail consumer insight provider that enables collaboration between retailers and suppliers, from Kognitiv Corporation.

Retail 52

Retail Consumers Loyalty B2B 52

ProProfs Chat

FEBRUARY 13, 2020

Efforts to retain customers, help you formulate effective loyalty programs that your customers enjoy being a part of. Let’s take a look at customer loyalty statistics and observe the various ways that help a business improve and boost customer loyalty. Benefits of Improving Customer Loyalty.

Loyalty 109

Loyalty Loyalty Programs Social Media Retail 109

ShepHyken

FEBRUARY 25, 2024

5 Must-Haves for Your Brand’s Loyalty Program by Kathy Doyle (Retail Customer Experience) Finding success with your loyalty program not only encourages repeat visits but also builds a strong bond with customers, improving your brand’s bottom line. Connect with Shep on LinkedIn.

Customer Service 61

Customer Service Average Handle Time Net Promoter Score Loyalty Programs 61