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

BlueOcean

Check your wallet (digital and/or physical) – do you have loyalty cards for your favorite retail outlets? loyalty programs on average. According to Bond , “the power of loyalty programs often trains an organization to optimize the program instead of optimizing loyalty.” The Last Word.

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Are You Delighting Customers on an Emotional Level?

CSM Magazine

However, the rewards and gifts shouldn’t be limited to occasions only. Such reward programs and incentives profoundly influence a customer’s view of your business emotionally and they continue buying from you. For happy customers, keep rewarding them from time to time. Use a CRM Tool. Create Memes.

CRM 98
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Loyalty programs: should you issue your own points or miles?

Currency Alliance

They’re a low-cost incentive compared to other forms of incentives such as discounts, cashback, affiliate marketing offers, or paying for search traffic from Google. But most types of retailer, other than grocery or fuel, can only expect 10-20% of total customers to commit to this level of spending.

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Why Customer Experience Is The Real Driver Of Brand Success?

SurveySensum

Companies that succeed at customer experience increase their sales at a rate that is 4-8 percent higher than the market average. Leverage personalization in email marketing by addressing customers by name and suggesting relevant products. One good strategy to boost customer loyalty is – the REWARDS program.

Brands 83
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The Implications of Big-data Marketing: Bigger Than You Think

West Monroe

As you move into this world of big data-driven marketing, though, it is critical to understand exactly what is out there and exercise caution in how you use it. Today, marketers tap into “big data” and benefit from myriad identifiers and ways of combining them, allowing them to hone into micro-segments that are eminently valuable.

Data 51
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How Loyalty Programs Drive Customer Relationships: Experience TV Episode 9 Featuring Clay Walton-House from PK

Oracle

Episode 9 explored the role of loyalty marketing programs with my special guest, Clay Walton-House, Managing Director, Integrated Loyalty Solutions at PK. The Markie Awards program recognizes excellence in marketing, sales, service, and commerce. What’s more, 68% redeem rewards at least once a quarter.

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Innovators break the mould, at the 2020 Loyalty Magazine Awards

Currency Alliance

For most of the last decade, loyalty marketing seemed to be on autopilot for many brands – but the tide is turning. Many of the entrants to this years’ Loyalty Magazine Awards were as adept with data and technology as marketers in many other disciplines. There’s a lot of useful takeaways in this, for loyalty marketers.

Loyalty 52