SurveySensum

JULY 26, 2023

According to the research study conducted by Harvard Business School, The Economics of E-Loyalty , increasing customer retention rates by 5% increases profits by 25% to 95%. These programs will help you foster a long-lasting and meaningful relationship with your customers. But why is that a big issue?

Customer Retention 52

Customer Retention Retail Strategy Social Media 52

Customer Guru

JUNE 26, 2018

It combines its e-commerce site, mobile app, and brick-and-mortar stores seamlessly to provide a par excellence shopping experience to its customers. At Sephora, the in-store experience is heavily supported by technology. Loyalty programs are super-powerful marketing tools. Creating loyal customers.

Omni-Channel 82

Omni-Channel Retail Loyalty Programs Social Media 82

ProProfs Chat

MAY 28, 2020

In addition, there is a superabundance of loyalty programs in the market which are ‘all talk and no action’ Instead of improving the CX, such programs are more about price discounts; it’s no wonder that customers are becoming increasingly disloyal to their brands. . Image Source: Starbucks- Instagram.

Loyalty 93

Loyalty Brands Customer Experience Loyalty Programs 93

Strativity

APRIL 27, 2023

Margin matters now more than ever A handful of restaurant category brands invested early in proprietary customer engagement platforms and were rewarded with enduring positions of strength, while other brands struggled to pivot. The study reports that restaurants have raised prices by almost 24% to cover margin erosion. materialplus.io

Strategy 52

Strategy e-support Roadmap Customer relationships 52

Strativity

APRIL 27, 2023

Margin matters now more than ever A handful of restaurant category brands invested early in proprietary customer engagement platforms and were rewarded with enduring positions of strength, while other brands struggled to pivot. The study reports that restaurants have raised prices by almost 24% to cover margin erosion. materialplus.io

Roadmap 52

Roadmap Customer relationships Brands e-support 52

Currency Alliance

NOVEMBER 14, 2019

Nobody in loyalty could have missed The Times’ headline in October, about the Committee for Climate Change (CCC) proposal to start taxing frequent flyer programs (FFPs), or even to shut them down, under the assumption that they increase flying. Brands reward more touchpoints to grow emotional loyalty. The tide is turning.

Loyalty 40

Loyalty Trends Loyalty Programs Hotels 40

SmartKarrot

NOVEMBER 2, 2020

“To stay connected to your audience seamlessly through the synchronicity of e-mails and connect so easily anytime is amazing.”. He adds, “According to one study , the top cited reason that customers switch vendors is “feeling unappreciated.” Jayson DeMers, CEO, EmailAnalytics. this is the mantra of Jayson.

Customer Retention 21

Customer Retention Strategy e-support Social Media 21