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Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

When used in competitive analysis, these databases can help you understand how your competitors are succeeding in areas like customer retention and loyalty programs. The Role of Data Analytics in Competitive Analysis Data analytics tools are crucial for turning raw data into actionable insights.

Analysis 260
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Top 5 Customer Service & CX Articles for Week of October 30, 2023

ShepHyken

Traditional loyalty programs, which often offer points or cash rewards, are being outdone by a new trend: experiential rewards. My Comment: I’m a fan of rewards and loyalty programs for a reason. Done well, they foster repeat business and can lead to true customer loyalty. That sounds like a strong trio, right?

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8 Metrics Every Online Business Should Monitor

SurveySensum

Running upselling or cross-selling campaigns Implementing loyalty programs Bundling products or creating packages Adding add-ons like gift-wrapping for an extra $1 or name-carving for $3 4. This, in turn, leads to higher brand loyalty, better product-market integration, and recurring income.

Metrics 52
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5 Top Customer Service Articles for the Week of May 13, 2019

ShepHyken

Seven Tips For Successful Customer Loyalty Programs In 2019 by Sallie Burnett. Forbes)Boosting customer loyalty is an ongoing challenge for marketers, and below are seven strategic tips for increasing engagement and strengthening customer loyalty. That’s not a bad thing.

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Leader’s vision: #1 loyalty driver for the modern brand

Currency Alliance

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
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Audience Segmentation: Strengthen Your Marketing Strategies and Reach Relevant Customers

SmartMessage Blog

Marketers improve efficiency: Targeted marketing efforts can save resources and maximize the return on investment as campaigns reach the most receptive audiences. Segmentation can strengthen customer loyalty: Meeting individual needs fosters loyalty and encourages repeat business.

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What Are the Benefits of Customer Retention?

Confirmit

Increasing customer loyalty is a key goal of any business, and contributes greatly towards sustainable growth. By investing in customer retention strategies (e.g. Every business’ VoC nirvana is generating a true and measurable return on investment (ROI) from their VoC program. Learn More. Learn More.