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Building a Better Loyalty Program (and the Reward for Getting It Right)

BlueOcean

Salesforce research says consumers like us belong to 4.3 loyalty programs on average. If, for example, you’re a member of Nordstrom’s loyalty program, Nordy Club, you’re among a group of customers who are likely to spend three to five times more than non-members, and are consequently driving two-thirds of Nordstrom’s sales.

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Loyalty programs: should you issue your own points or miles?

Currency Alliance

Nobody with $100 in pesos leftover from a recent trip would travel back to Mexico just to spend them, but they might exchange them back into dollars. Many people who travelled regularly (until overseas card payments became the norm) collected coins and banknotes from dozens of different countries, holding them for decades.

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COVID-19 has changed how we do everything – here’s how Conjoint and MaxDiff can help you respond

Qualtrics

Life as we knew it before COVID-19 will take time to return, and even when it does we’re likely to be in a ‘new normal’, as the crisis impacts consumer behaviors going forward. People are changing the way they shop, how they can travel, where they eat, how they work, and how they stay in contact with loved ones. Hospitality.

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Breaking down the walls: Loyalty Magazine Awards 2019

Currency Alliance

While martech will continue to evolve rapidly, the low-hanging fruit is in using technology between partners to create more opportunities for customers to earn and burn, and capture a better perspective of what the customer cares about. Of course, the true cost was far higher, because it led to damaging customer experiences.

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