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

BlueOcean

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. The Downlow on Loyalty: Reciprocity is Key.

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

Currency Alliance

Many people assume that operating a loyalty program necessarily implies issuing your own loyalty points or miles. The optimal points to offer mostly depends on the frequency of engagement your brand has with target customers. Points and miles are a dominant and popular form of loyalty value.

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Retail Customer Experience: Strategies for Keeping Shoppers Engaged and Loyal

Retently

What sets an exceptional retail customer experience apart? It’s an environment where shoppers feel understood and valued at every touchpoint. Because in a market brimming with choices, the way customers feel about your business can set you apart. This highlights the importance of customer retention for business growth.

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Customer Journey: Improving Customer Experience Through Mapping – Part 1 of 2

NobelBiz

It is based on an examination of the prospect’s/behavior customer’s throughout the various stages of the purchase act, as well as the periods of reflection and research that precedes it, the discovery of the product/service, the phases of use and evaluation, and the possibility of recommending the product/service to others.

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10 Questions New Chief Customer Officers Must Ask Themselves

SmartKarrot

To place the customer at the heart of everything, your role as a new chief customer officer is to ensure that all departments are working for a collective objective. With a united vision of a customer-centric strategy, marketing, sales, customer service, and even developers can benefit.

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Breaking down the walls: Loyalty Magazine Awards 2019

Currency Alliance

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. Collecting data at more touchpoints is very useful.

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