Remove Customer Insights Remove Rewards Programs Remove Sales Remove Travel
article thumbnail

Innovators break the mould, at the 2020 Loyalty Magazine Awards

Currency Alliance

While travel and retail brands have made a lot of progress in the last 24 months, the bulk of innovation has come from other consumer sectors – including media businesses, entertainment, and telecoms providers, which in recent years appeared to regard loyalty as a lost cause. What really stood out is which brands were pulling off these feats.

Loyalty 52
article thumbnail

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

Oracle

The Markie Awards program recognizes excellence in marketing, sales, service, and commerce. Nominations are due April 16 – don’t miss your chance to be recognized for your great customer experience efforts during 2020. Loyalty programs are more popular than ever. Starbucks Rewards with 17M members.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Loyalty partners: co-creating customer value

Currency Alliance

The majority of existing partnerships at big loyalty programs are brokered with one goal in mind: creating more value for the most frequent customers. For airlines and hotel groups, frequent customers are business travelers, so their partner mixes are heavily biased toward fellow travel brands. I’m a case in point.

Loyalty 59
article thumbnail

Loyalty: On the Cusp of Major R(E)volution

Currency Alliance

More useful loyalty currencies are appreciated by more people and will bring the hundreds of millions of people who are rarely active in loyalty programs back into the fold – because they can accumulate more useful value across a much wider spectrum of places they shop. Most loyalty programs were designed when it was hard to comparison-shop.

Loyalty 52
article thumbnail

10 Inspiring B2B Loyalty Program Examples from Successful Companies

SmartKarrot

The success or failure of loyalty programs tells a lot about the product, service, and customer behavior. These insights can further be used to enhance the product, sales & marketing, and partnership departments. Let us now discuss the opportunities and challenges B2Bs have with loyalty programs. Challenges.

article thumbnail

Loyalty Strategy 2019: How to Win in the Next Decade

Currency Alliance

Given how sceptical some executives and boards have become about the soft benefits derived from the loyalty program, you are going to need to show evidence of contributions to the bottom line. Profit is derived from engagement that links directly to incremental sales. A useful set of segments might include: For Travel.

Loyalty 45
article thumbnail

10 Key Insights from 15 years of Customer Journey Mapping

SuiteCX

Your investment in CX must link directly to key business results • Have a clear story line that arDculates the criDcal business results to how the new/improved processes, capabiliDes and customer centricity will deliver your business enhanced performance.