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Customer Experience Engineering Demystified: An In-Depth Look

CSM Magazine

Personalization Personalization enhances the customer experience by tailoring products, services, or interactions to each customer’s unique preferences and needs. AI can facilitate personalized and timely interactions, leading to improved customer engagement.

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

Currency Alliance

Consumers will be able to consolidate more loyalty value in fewer currencies, and brands in categories with lower emotional appeal will attract many more customers who want the points/miles of an aspirational brand, such as an airline or hotel group. Indeed, that’s why most supermarkets are currency owners.

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Loyalty partners: co-creating customer value

Currency Alliance

The best-known loyalty programs are made up of many partnerships – such as United Airlines and Hilton Hotels, or Emirates and Marriott. The majority of existing partnerships at big loyalty programs are brokered with one goal in mind: creating more value for the most frequent customers. The value can be immediate.

Loyalty 59
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Loyalty Strategy 2019: How to Win in the Next Decade

Currency Alliance

The reality is that there are a lot of people slapping each other’s backs about incremental gains, while most brands still have less than 1/3 rd of customers active in their loyalty programs. A loyalty program should be relevant to 80% of customers. But the challenge is meeting that customer’s increasingly lofty demands.

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What is a customer hub? And why do you need one?

Eptica

Martin Hill-Wilson believes the solution is to create a customer hub , which he defines as “housing every competency needed to operate aligned customer engagement; steered by real time analytics and leveraged through agile change management and stakeholder collaboration.” Share this page on: Tweet.

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Loyalty Strategy 2020: Step Changes to a Collaborative Future

Currency Alliance

The best way to keep customers engaged is by delivering good value, a good experience, and trusting them to make wise, informed decisions. Top priorities remain: getting all your customer data in one enterprise CRM. being present at more stages in the customer journey. MASTER YOUR CUSTOMER DATA.

Loyalty 64
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It’s (almost) never 1%: how to price loyalty rewards

Currency Alliance

partners’ distressed inventory: brands that offer complementary services, in the eyes of the customer, may be willing to offer you distressed inventory at a cost that is far below the customer’s perceived value. Hotel rooms forecast to be vacant would be a classic example. at low cost, because supply exceeds demand.

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