Currency Alliance

FEBRUARY 20, 2023

This article on the loyalty rules engine is probably the second-most important article I will ever write on loyalty marketing*. It is the most powerful, yet under appreciated module (or tool) in a loyalty marketing stack of software. This would not require much of a rules engine – since your program has no variation.

Loyalty 52

Loyalty Loyalty Programs Social Media ROI 52

Oracle

JUNE 10, 2019

It’s hard to imagine a person who doesn’t carry a couple of loyalty cards in their virtual wallets these days. If a one-size-fits-all formula of a successful marketing strategy existed, then a loyalty program would be one of the most important variables in it. Common types of loyalty programs.

Loyalty Programs 49

Loyalty Programs Loyalty Entertainment Touchpoint 49

Kayako

AUGUST 21, 2018

Simply put, customer retention refers to the strategies and tactics businesses use to encourage repeat purchases and ongoing loyalty from their existing customer base. Speaking of support interactions… customer support is one of the most effective tools you have for boosting customer retention and loyalty.

Customer Retention 123

Customer Retention Loyalty Strategy Loyalty Programs 123

InMoment XI

FEBRUARY 7, 2024

Let’s take a closer look at how integrated CX and other AI-powered tools are shaping hotel experiences—and how the best hotels and resorts are leveraging this winning combination to provide intelligent, customer-centric experiences that grow sales and foster loyalty. References Skyscanner. Travel Trends 2024. ( [link] ).

Hotels 260

Hotels Guest Experience Travel Chatbots 260

CSM Magazine

JUNE 27, 2023

It makes sense then that promoting customer loyalty should be on every business’s to-do list. While there are plenty of ways to improve loyalty, one of the easiest and most successful is ensuring your customer service delivers the best possible experience. In turn, this will increase satisfaction and promote loyalty.

Loyalty 52

Loyalty Customer Service Loyalty Programs Customers 52

delighted

JULY 13, 2022

If so, you’ve experienced customer loyalty. And likely, if something in your customer experience with the brand has gone awry in the past, e.g., your order didn’t ship when they said it would or the item that arrived did not look like the item you ordered, the brand was eager to make it right – and in turn, that earned your loyalty even more.

Loyalty 88

Loyalty Measurement Customer Experience Net Promoter Score 88

Retently

APRIL 5, 2024

Now, let’s cut to the chaise to uncover practical strategies that create such engaging retail experiences that foster loyalty and repeat business. Traditionally retail refers to the sale of goods and services through physical stores. It’s the primary sales channel that will determine how these businesses are categorized.

Retail 78

Retail Engagement Strategy Customer Experience 78

Oracle

FEBRUARY 14, 2020

Loyalty, or more aptly referred to as love for the purposes of this article, is a byproduct of exceptional consumer experiences. Yet, earning loyalty – love – is particularly challenging for brands in the face of increased competition and consumer apathy. Tip #1: Invest in omnichannel retailing.

Loyalty 79

Loyalty Brands Customer Journeys Loyalty Programs 79

Win the Customer

NOVEMBER 6, 2020

Read on to learn more about what it takes to improve customer experience and loyalty. Note that customer loyalty significantly depends on the customer experience. Read on to learn more about what it takes to improve customer experience and loyalty. X’ Refer to the customer by their name. Gather Customer Feedback.

Loyalty 85

Loyalty Customer Experience Customer Service Representative Loyalty Programs 85

ShepHyken

JANUARY 7, 2024

Deloitte Shares Loyalty Trends and Best Practices for 2024 by Alicia Esposito (Retail TouchPoints) To drive customer retention and loyalty, most brands and retailers continue to rely on purchase discounts (77%) and loyalty program points (61%), according to Retail TouchPoints research.

Customer Service 65

Customer Service Loyalty Programs Contact Center Financial 65

Customer Guru

JUNE 12, 2018

Building customer loyalty is a worthy investment for every startup. They show loyalty towards its several products such as MacBook, iPod, iPhone, and iPad. Below are a few steps that every startup needs to take care of for building customer loyalty: Providing an enhanced customer experience. Collecting consistent feedback.

Loyalty 114

Loyalty Loyalty Programs Social Media Feedback 114

SmartKarrot

APRIL 20, 2022

From apparel brands to food delivery platforms, almost all B2C businesses offer loyalty programs; and a majority of them are a huge hit. But, implementing these programs in Business-to-Business (B2B) environments can be a little different. Let’s start with understanding what the B2B loyalty program is and how it works.

Loyalty Programs 11

Loyalty Programs B2B Loyalty Examples 11

CSM Magazine

FEBRUARY 29, 2024

Use their name, reference past purchases, and suggest items that complement what they’ve bought before. Implement loyalty programs: Use loyalty programs to gather more data on customer preferences and to reward customers for their repeat business.

Omni-Channel 52

Omni-Channel Connections Loyalty Programs Chatbots 52

ShepHyken

SEPTEMBER 10, 2023

They demand fast shipping, easy returns, sustainability and more, showing little loyalty and appreciation. These are what McKinsey refers to as the “Zero Consumer.” How to Make Loyalty a New Business Line for your Brand? And here’s another term to consider: generative loyalty.

Customer Service 78

Customer Service Loyalty Programs Retail Loyalty 78

ShepHyken

JANUARY 25, 2021

My Comment: In this article, Nate Brown introduces us to his take on something he refers to as “mission-driven CX,” which is about companies who win over their customers’ business and hearts by embodying the core values of what’s most important to them. My Comment: Here’s a great article about customer loyalty.

Customer Service 154

Customer Service Guest Experience Loyalty Programs Hospitality 154

CustomerSuccessBox

MARCH 11, 2022

Read on further about Customer Loyalty vs Customer Retention! Let’s dive to see what distinguishes customer retention from Customer loyalty. Customer loyalty vs customer retention! So there you have the line between customer retention and customer loyalty. What are the levels of customer loyalty?

Customer Retention 52

Customer Retention Loyalty Customers NPS 52

ShepHyken

FEBRUARY 4, 2024

How 6 Brands Could Change Loyalty Trends In 2024 by Jenn McMillen (The Wise Marketer) Loyalty marketing remains popular, but often is just the same-old, same old. But in 2023, these six retailers and brands set new standards of what loyalty can be. My Comment: Most loyalty programs are marketing programs.

Customer Service 60

Customer Service B2B Loyalty B2C 60

Currency Alliance

JUNE 16, 2020

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. Brilliantly, Voxi has spun this very feature into a loyalty driver.

Loyalty 52

Loyalty Innovation Travel Loyalty Programs 52

SmartKarrot

JUNE 2, 2022

The global loyalty program market stood at approximately $181 Billion in the year 2019. There is an increase in the number of organizations allocating their marketing spending on loyalty programs. There is an increase in the number of organizations increasing their marketing spending on loyalty programs.

Loyalty Programs 10

Loyalty Programs B2B Loyalty Video 10

Win the Customer

NOVEMBER 6, 2020

Read on to learn more about what it takes to improve customer experience and loyalty. Note that customer loyalty significantly depends on the customer experience. Read on to learn more about what it takes to improve customer experience and loyalty. X’ Refer to the customer by their name.

Loyalty 52

Loyalty Customer Experience Customer Service Representative Loyalty Programs 52

Experience Investigators by 360Connext

NOVEMBER 2, 2021

A customer persona helps humanize the customer to the point you might refer to them by a fictional name. This will help limit the urge to include too much nuance and help your teams refer to personas in a consistent way. and refer to pronouns as “they.” The Solution: Refer to Your Goals. Watch for gender-specific wording.

Customer Journeys 375

Customer Journeys Culture B2B B2C 375

BirdEye

APRIL 28, 2023

Consumers trust recommendations from like-minded individuals and existing clients are four times more likely to refer their friends if they are satisfied with the service they’ve received. Therefore, using a referral program to help spread the word about your business can help you acquire new clients and increase client loyalty.

Insurance 98

Insurance Strategy Marketing Social Media 98

PK

JULY 15, 2019

in The Forrester Wave : Loyalty Service Providers, Q3 2019 report. Whereas past Wave reports have focused on loyalty platform technology providers, this is the first time a Wave report focused exclusively on leading loyalty firms offering services, from visioning and strategy through design, development, and launch of new member experiences.

Loyalty 45

Loyalty Loyalty Programs Roadmap Rewards Programs 45

Retently

JUNE 28, 2022

It’s a valuable metric – for most companies and it’s the most valuable metric available for measuring customer loyalty and satisfaction. In addition, it is a nice touch to reach out to those customers who already promote your brand in social media or blogs and offer them a gift to reward their loyalty and willingness to recommend you.

NPS 148

NPS Net Promoter Score Feedback Case Study 148

CX Journey

JUNE 29, 2017

There's no explanation of how he's going to improve customer relationships or what that strategy is that he's referring to. Lampert is implying (he cites in one article that his turnaround is based on the new Sears loyalty program), there's more to it than offering loyalty programs. When I get a discount, I'll buy.

Loyalty Programs 135

Loyalty Programs Loyalty Customer Retention Retail 135

CX Journey

OCTOBER 24, 2018

Start a Loyalty Program Loyal customers are five times as likely to buy from you again and more likely to forgive an error on your part. Building loyalty takes time and commitment. You must first build that relationship with your customers, but starting a loyalty program is a good first step.

Omni-Channel 237

Omni-Channel Customer Experience Social Media How To 237

BirdEye

NOVEMBER 20, 2023

This strategy transforms satisfied customers into brand champions who actively refer new business. Thanks to smart referral marketing software tools, it’s now easy to implement referral programs that drive results. Referral marketing is a strategy that encourages existing customers to refer new ones to your business.

Software 63

Software Marketing Multi-Channel e-support 63

CSM Magazine

AUGUST 4, 2023

Imagine a scenario where a coffee shop actively engages with its customers through personalized loyalty programs, social media interactions, and timely promotions. Create a Loyalty Program Creating a loyalty program is a great way to reward your most loyal customers for their continued support of your business.

Customer Engagement 52

Customer Engagement Engagement Social Media Loyalty Programs 52

ShepHyken

JULY 4, 2022

Returning customers not only keep a consistent revenue stream coming in, they also typically refer others to a business’s product or service, too. My Comment: How do you measure customer happiness and loyalty? Easy Does It: Five Keys To Curating An Effortless, Loyalty-Building Customer Experience by Craig Halliday.

Customer Journeys 69

Customer Journeys Customer Service Loyalty Programs Loyalty 69

SurveySparrow

FEBRUARY 22, 2024

Moreover, responsive customer support ensures that customers have a positive experience whenever they need assistance, further cementing their loyalty. Eventually, it can foster loyalty and encourage repeat business. As a result, the satisfaction levels tend to increase, fostering loyalty as well. They are as follows.

Customer Retention 52

Customer Retention Software Gamification e-support 52

ShepHyken

SEPTEMBER 3, 2019

Wait to create loyalty programs until you learn more about your customer base, their spending habits, and their wants and needs. Then build your loyalty program using this data. Most loyalty programs are really marketing programs. True loyalty involves an emotional connection.

Customer Centricity 93

Customer Centricity Loyalty Programs Loyalty Metrics 93

BirdEye

AUGUST 7, 2023

Auto repair marketing refers to the strategies and activities implemented by auto repair businesses to promote their services, attract customers, and build brand awareness. Customer loyalty: A big part of auto repair shop marketing involves turning first-time customers into long-term advocates.

Strategy 52

Strategy Sales Marketing Social Media 52

Currency Alliance

JUNE 21, 2018

That’s been my feeling as I mull over this year’s Loyalty Magazine Awards, where Currency Alliance was proud to be Prime Sponsor. So in the context of the gongs now having been handed down, here’s a look out over loyalty marketing landscape: what makes a winning program now, and what new surprises might be in store for 2019.

Loyalty 45

Loyalty Multi-Channel Gamification Loyalty Programs 45

Currency Alliance

JUNE 11, 2019

“Extra” was a 4% interest rate which earned the average working family £100-200 a year – the kind of value you can earn from a supermarket loyalty card. This led many banks in Europe to close their rewards program over the past three years. Or, in the form of the now-prevalent sign-up bonuses that come from switching banks.

Banking 40

Banking Loyalty Consumers Loyalty Programs 40

BirdEye

OCTOBER 19, 2023

Develop a loyalty program 10. Develop a loyalty program Research suggests landing new customers is five times more expensive than holding onto existing ones. Put together a loyalty program to grow your sales while reducing your marketing expenses. reward customers when they refer others to your restaurant).

Marketing 63

Marketing Strategy Social Media Multi-Channel 63

inmoment

JULY 18, 2018

Today’s marketers are increasingly seeing customer experience fall under their umbrella of duties, and it’s easy to confuse CX efforts with traditional marketing approaches such as loyalty marketing programs. However, marketers should be warned that this is a place where “similar” definitely does not mean “equal.”. But why stop there?

Loyalty 40

Loyalty Marketing Loyalty Programs Trends 40

Currency Alliance

JANUARY 22, 2020

The top loyalty jobs are tough. Every CEO waxes lyrical about the importance of loyalty. And yet, many loyalty programs are run like barnacles on the side of a business: battling for budget, rather than being nurtured as the core way to engage customers via every channel and touchpoint. That ought to make your job easier.

Loyalty 40

Loyalty Brands Loyalty Programs Rewards Programs 40