Currency Alliance

DECEMBER 7, 2021

I heard it once, two weeks ago at a loyalty conference in London. Loyalty trends were being discussed, as well as what had been hot topics in prior years – some of which just faded away as fads. So, I’ve decided it is of little practical use to tell a huge and diverse industry what trends will play out over the next 12 months.

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SurveySensum

NOVEMBER 3, 2023

In this blog, we’ll explore seven customer service trends for 2024. Today, customer service is no longer just a department but a vital component of a company’s strategy. To succeed in the ever-changing customer landscape, businesses must keep up with the latest trends.

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Currency Alliance

NOVEMBER 17, 2020

It allows us to keep customers engaged when business plans fly out the window, due to marketplace calamities, such as the Covid-19 pandemic. In November 2019 when we published the Top Trends for 2020 , we could not have known about the Covid-19 pandemic. We crave convenience and more intuitive, personalized experiences.

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Currency Alliance

DECEMBER 18, 2017

There are of course many trends taking shape, but we thought we would take a look at what we consider to be the three top loyalty trends for 2018, and the implications of these for both brands and customers. Everyone knows that trust is key in brand loyalty. Top loyalty trends for 2018: No.1

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Currency Alliance

NOVEMBER 29, 2017

As consumers grow more empowered, with more control and choice than they’ve ever had before, their loyalty to a brand and preference for concentrating their purchasing power becomes even more crucial to merchants. Retail brands are worried about the expansion of Amazon, but have done little to transform their approach.

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CloudCherry

JULY 25, 2018

For their purposes, an Iconic firm is one that maintains “the highest levels of customer experience and have world-leading brand recognition” and also possess other key distinctions from their counterparts, such as: Being omnichannel leaders. Improving Customer Relationships with Technology, Ecosystems, and Culture.

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Lumoa

FEBRUARY 9, 2023

Whether you’re new to customer experience or seeking inspiration, this guide serves as your ultimate resource for exploring and delving deeper into this exciting field. Same as with B2B customers, B2C customers expect a consistent and personalized omnichannel experience. ” – Lynn Hunsaker for ClearAction.

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SurveySensum

DECEMBER 16, 2019

Indonesian Customer Experience Trends to watch for in 2020. A report by SurveySensum revealed preferences of 1000 consumers across 25 categories and 300+ brands in Indonesia. Today, customer experience is perhaps the most important aspect for any business to succeed. Customer Experience as The Competitive Differentiator.

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Lumoa

JUNE 26, 2023

In fact, several companies, ranging from media to finance, are already investing in an omnichannel customer experience to boost their sales and revenue. Nike, another well-known retail brand, achieved higher annual revenue by investing in multiple channels. Consider a customer looking to buy sports shoes from a popular brand.

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Omni-Channel Customer Experience Net Promoter Score Effort Score 208

SmartMessage Blog

JULY 20, 2023

Every brand dreams of loyal customers. Building customer loyalty is essential for growth. Companies build strategies and heavily invest to maintain a solid customer base in today’s fiercely competitive business world. According to expressanalytics, customer retention costs up to 6 times less than acquisition.

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Currency Alliance

MAY 20, 2024

Back in 2017, when interchange fees were slashed by the European Union, most banks’ response was to simply to give up on their loyalty program; this was lazy and a huge strategic mistake. Every bank needs a loyalty strategy – even if they don’t have a points-based loyalty program.

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Retently

MAY 9, 2024

Personalizing customer interactions, offering exceptional customer support, and proactively addressing concerns are key components that boost customer retention and trust in B2B markets. Why is B2B Customer Retention Important? Customers are not static.

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Customer Retention B2B Customer Journeys Loyalty Programs 139

NobelBiz

OCTOBER 24, 2023

Both the customer experience map and the journey map are essential tools for businesses aiming to understand and improve the interactions their customers have with their brand. What is a Customer Experience Map? Social media engagement for customer feedback. Loyalty program enrollment for customer retention.

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ProProfs Chat

FEBRUARY 13, 2020

Efforts to retain customers, help you formulate effective loyalty programs that your customers enjoy being a part of. Let’s take a look at customer loyalty statistics and observe the various ways that help a business improve and boost customer loyalty. Benefits of Improving Customer Loyalty.

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GetFeedback

DECEMBER 21, 2018

More and more, companies are recognizing just how much customer happiness impacts revenue , and they’re focusing on transforming their customer experience to meet modern expectations. Customer retention statistics: More than 6 in 10 U.S. 42% of respondents have left a business due to poor customer service. (

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Customer Retention Net Promoter Score Poor Customer Service B2B 390

GetFeedback

JANUARY 28, 2020

Learning some social media customer retention strategies is, therefore, important for you if you want to acquire and retain buyers. Customer retention through social media isn’t easier though. Don’t fret because, in this article, you will be able to understand how brands are using social media to connect and retain customers.

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Alida

JANUARY 5, 2018

Marketers are always looking for new ways to create experiences that resonate with customers, and 2018 will be no different. And although fads come and go—think unicorn hair and frappuccinos—there are some trends that will stick in the coming year and affect how businesses interact with customers. Ad spend shakes up.

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SmartMessage Blog

JULY 13, 2023

Every brand dreams of loyal customers. Building customer loyalty is essential for growth. Companies build strategies and heavily invest to maintain a solid customer base in today’s fiercely competitive business world. According to expressanalytics, customer retention costs up to 6 times less than acquisition.

Loyalty 40

Loyalty Management Loyalty Programs Competitive Advantage 40

SurveySensum

JUNE 29, 2023

Well, here’s a startling statistic to ponder: 82% of customers stop doing business with a company due to poor customer service. – Techcrunch As a marketing expert, your goal is not just to attract customers but also to keep them satisfied and loyal. But How Can You Understand Customers’ Needs and Expectations?

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SurveySensum

SEPTEMBER 21, 2023

This shows the high cost of customer acquisition and how, at times, businesses fail to recoup their initial investment. In contrast, Company B chose to focus on retaining its existing customer base by introducing loyalty programs. How to Calculate Customer Retention Rate? This keeps subscribers engaged and loyal.

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SurveySensum

DECEMBER 22, 2022

And not just that, an efficient VOC program helps you recognize what is working and what is not, identify the areas of improvement, and listen to and resolve customer issues in time. That’s why an efficient VOC program is critical for any business. — It helps you retain your customers. Launch a customer loyalty program.

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Lumoa

JANUARY 19, 2023

Furthermore, customers remember their good and bad experiences with brands. Having the right people in your customer experience team not only strengthens your relationship with your customers but also encourages them to become repeat customers of the brand.

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Customer Experience Net Promoter Score How To Customer Journeys 236

SurveySensum

JULY 7, 2023

Product Listing or Category Pages Feedback Survey After your customer has had their first interaction with your brand website, the next step – explore your products to make a purchase. to enhance your customer’s shopping journey. Would you recommend our brand to others? What did you love the most about the experience?

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Survey Net Promoter Score Loyalty Programs Touchpoint 52

SurveySensum

JULY 7, 2023

Product Listing or Category Pages Feedback Survey After your customer has had their first interaction with your brand website, the next step – explore your products to make a purchase. to enhance your customer’s shopping journey. Would you recommend our brand to others? What did you love the most about the experience?

Survey 52

Survey Net Promoter Score Loyalty Programs Touchpoint 52

SurveySensum

JULY 27, 2023

According to Salesforce’s third edition of the State of the Connected Consumer Report , 64% of customers expect tailored experiences based on their preferences. Customer feedback is an invaluable tool that empowers retailers to create exceptional, personalized experiences that keep customers coming back for more.

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SurveySparrow

NOVEMBER 26, 2023

Positive customer feedback, efficient production processes, and increasing brand recognition contribute to this growth. Companies expand their market reach, attracting a broader customer base. Customer satisfaction is essential here! Embracing customer feedback and adapting to emerging trends become pivotal strategies.

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Innovation Loyalty Loyalty Programs Feedback 52

SurveySensum

DECEMBER 21, 2023

Suddenly, you come across a post of your favorite shoe brand, but the comments are full of bad reviews. You see, around 54% of people like you check out a brand or product on social media. But, how to avoid bad reviews and leverage social media as a robust customer feedback tool to create a great online presence for your brand?

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Social Media Strategy How To Loyalty Programs 52

BirdEye

MARCH 10, 2022

Customers are more connected with each other than ever and can find businesses that serve their needs in minutes, if not seconds. If a business fails to meet customer expectations, a customer can easily find another option. Customer experience statistics Is customer experience the same as customer service?

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Customer Experience Loyalty Programs Touchpoint Net Promoter Score 98

SurveySensum

APRIL 8, 2024

Small businesses need to adopt a multi-faceted online strategy that emphasizes building deep, meaningful relationships with their customers and differentiating themselves from the competition. This strategic approach is the first step toward building a strong, recognizable brand.

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BirdEye

SEPTEMBER 11, 2023

Customers with a positive experience grow into becoming advocates and loyal supporters of a business. A business’s ability to provide a positive customer experience directly impacts its branding, online reputation, and growth efforts. But, local businesses lack the tools to compete with more prominent brands.

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Currency Alliance

JANUARY 18, 2021

It’s time for hotel operators to re-evaluate how well their ace in the hole – their loyalty program – is enabling every function of their business to deliver more value. Here are three predictions of how loyalty programs must evolve in hospitality. Yet like many hotels, most hotel loyalty programs are homogenous.

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NobelBiz

JULY 25, 2023

Customer Interaction Analytics plays a vital role in deciphering this mosaic of data, offering a profound understanding of customer behavior and pain points. It’s a transformative approach that empowers businesses to navigate the dynamic landscape of customer engagement with precision and empathy.

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Thematic

JUNE 4, 2024

Business leaders today aim to reduce friction by designing proactive, positive customer experiences. 78% of consumers have abandoned a purchase or switched brands entirely due to friction and poor experiences. What Are Customer Experience "Pebbles" and Why They Matter Imagine a pebble in your shoe.

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SurveySparrow

AUGUST 30, 2023

Let’s explore some compelling reasons backed by data: Loyalty Breeds Advocacy : A positive customer experience not only encourages repeat visits but also transforms customers into brand advocates. Research suggests that increasing customer retention rates by just 5% can boost profits by anywhere from 25% to 95%.

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Retently

FEBRUARY 21, 2024

The insights gathered from these responses can be invaluable, revealing unexploited avenues for customer acquisition or highlighting emerging trends in consumer behavior. It encourages engagement by allowing them to share their unique journey, which can foster a deeper connection with your brand.

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inmoment

JULY 18, 2018

In my last post , I discussed the expanding role of the CMO from steward of the brand to caretaker of the end-to-end customer relationship. Loyalty marketing programs refer to a company-wide initiative that is focused on growing and retaining existing customers by selling them more. Provide the Right Perks.

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SurveySensum

FEBRUARY 20, 2024

14 Proven Ways to Improve Customer Satisfaction Let’s take a detailed look at the 14 proven ways on how to improve customer satisfaction. Understand Your Customers’ Expectations Did you know that 66% of customers expect companies to understand their needs?

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