This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Lately, I’ve been asked about loyaltyprograms. Any company can create a loyaltyprogram. But, there is some confusion around what exactly a loyaltyprogram is. Anything you do to get a customer to start to do business with you – and gets them to return – could fall under the concept of a marketing strategy.
Only the Front Line Needs Customer Service Training: Everybody in an organization is responsible for their role in customer service. If they arent dealing directly with customers, they are supporting someone who is, or they are part of the process that impacts the overall service and experience. Its something you do.
Empowered Employees – Customers want to work with employees who can make good customer-focused decisions and don’t have to ask a manager whenever there is a unique or special request. LoyaltyPrograms That Offer Real Value – More than points and discounts, create a program that makes customers want to do more business with you.
Keep customers in the loop with personalized messages about account activity, new products, or special offers. Regular communication helps build trust and keeps customers engaged with your services. Introduce loyaltyprograms to reward long-term customers for their continued use of your banking services.
Make Customer Experience a Strategic Priority Lesson: Never treat customer experience as an afterthought. Apexs downfall started when they dismissed customer complaints and feedback. To avoid this, build a customer-focused strategy that permeates every department, from product design to post-sales support.
They may even make you rethink how you email your customers. 7 ways leaders can model great customer service by Jeff Toister. Toister Solutions) You have to walk the talk if you want your employees to be customer-focused. How to design and run a customerloyaltyprogram for small businesses by Raúl Galera.
It’s prime time for retailers to grow an Amazon-level loyaltyprogram by Tom Caporaso. Retail Customer Experience) Clarus Commerce CEO Tom Caporaso believes it’s time for retailers to take advantage of the new membership economy. My Comment: Here’s a great article about customerloyalty.
(ZDNeT) Customer service is experiencing a renaissance, and with the right imagination, intention, and technology, it can also become a business growth engine by driving satisfaction, sales, and loyalty. One of the main points is that customer service is becoming the face of a brand. Thank you MattsenKumar!).
(Braden Kelley) Marketers have an overly optimistic perspective on customerloyalty and their implementations of customerloyaltyprograms. The reality is that very few customers are loyal and much of what we speak of as customerloyalty is no more than repeat transaction behavior.
I love the formula: Customer-Centric Mindset + Happy Employees = Company Success. Put another way, before you can have an amazing customer experience, you must start with an employee experience. The Untapped Potential of B2B CustomerLoyaltyPrograms by John Rolston and Jon Glick. Absolutely!
Loyaltyprograms are one of many ways you can do this for these top priority people. When it comes to loyaltyprograms, you cannot forget certain vital features, and according to a recent report, one of them is easier than you think. Per the 2017 Colloquy Loyalty Census, there are 3.8 So we add: · It must be easy.
Deep Dive: How Rewards Programs Can Fuel Customer Spending by PYMNTS. PYMNTS) Starbucks has a winning recipe when it comes to taking care of its customers. The Seattle-based coffee giant’s loyaltyprogram has 19 million active members that account for 48 percent of its annual revenue. Follow on Twitter: @Hyken.
Train Your Team to Be Customer-Centric Your team is the backbone of your customer service efforts. Therefore, it’s essential to train your employees to adopt a customer-centric mindset. Encourage your employees to be proactive and go the extra mile in assisting customers.
Or, maybe a better question is: When should chat-bots replace humans for customer support? Seven Tips For Successful CustomerLoyaltyPrograms In 2019 by Sallie Burnett. My Comment: My belief is that many customerloyaltyprograms are actually marketing programs. That’s not a bad thing.
Gift Experiences Can Create an Emotional Connection With Customers by Wise Marketer Staff. The Wise Marketer) The psychological impact of gifting, when created and delivered with specific design, has a powerful impact on customer behavior. My Comment: Here is a fascinating article about loyalty and the customer experience.
And, I’ll add a tenth: Make it super easy for your customers to find your contact information. 76% of Customers Choose LoyaltyPrograms that Collect ONLY Name and Phone Number by Michael Guta. Small Business Trends) More businesses are adopting customerloyaltyprograms because it is much easier to deploy.
Six Steps for Improving Customer Engagement and Loyalty by Genelle Kunst. Chain Store Age) Establishing a loyaltyprogram is a fundamental first step to improving customerloyalty. However, there are other key strategies that can help improve customer engagement and retention. And there are nine more!
(Forbes) Rewards programs can be lucrative for loyal customers, but when companies add lots of rules and restrictions to a loyaltyprogram, it can actually have the opposite effect. My Comment: Let’s start this TOP FIVE roundup with an excellent article about customerloyaltyprograms.
This isn’t to say people have stopped seeking rational rewards such as points or discounts, but it seems that a new era of ‘human’ loyalty is upon us. My Comment: I love the concept of loyaltyprograms. However, there is a difference between a loyaltyprogram and a marketing program. Just kidding!
How to Build the Ultimate LoyaltyProgram Explainer Page (With Examples) by Patrick Trochaniak. Smile.io) Your explainer page is what convinces your customers to join your loyaltyprogram. Since you want to maximize the number of members in your program, building your explainer page should not be an afterthought.
How to Run a CustomerLoyaltyProgram by ThriveHive. ThriveHive) This article will give you a run-down on the basics of customerloyalty marketing and programs, how they work, and how you can use them to retain more customers with your business. Loyalty Trends in 2020: How Will This Year Be Different?
Someone recently referenced the book and this famous line, and it made me think about how customers are treated. Are all customers equal? Loyaltyprograms promote perks, rewards, elite status and more, which might suggest that not all customers are equal. For information, contact 314-692-2200 or www.hyken.com.
For example, undergoing contact center optimization may help customer profiles become more easily accessible to agents. If agents can access customer information easier, they can improve issue resolution time and, as a result, improve the customer experience. Employee training goes beyond the onboarding process.
The Six Cs of LoyaltyProgram Marketing by Rick Boubelik. Colloquy) For loyalty marketers searching for a way to stay ahead of the competition and keep shoppers happy, the Six Cs of Loyalty are a great way to streamline how you’re thinking about each communication, offer or benefit.
Here is some insight into their “Zappos for Good” program, direct from Steven Bautista, the head of charity at Zappos. 3 Ways to Make Your LoyaltyProgram More Social for the Holidays by Barry Kirk. Maritz Motivation) Most consumers join loyaltyprograms with self-serving motives. Follow on Twitter: @Hyken.
My Comment: If you asked me to list the three of the most customer centric companies, I would have guessed two out of three correctly (and you probably would, too). Here are three great companies, Amazon, Southwest Airlines and TD Bank (I wouldn’t have guessed this last one), that are relentless when it comes to being customerfocused.
More Than One-Third Of Shoppers Would Pay For Enhanced LoyaltyPrograms by Marie Griffin. Retail TouchPoints) With the benefits of loyaltyprograms well known, competition among brands for members and a larger share of their spending is fierce — and consumers know it, so they are expecting more in return for their loyalty.
If you want to ROCK your loyaltyprogram (if you have one), you’ll enjoy this article. Is Simpler Better For Rewards Programs? RetailWire) Non-tiered customerloyaltyprograms were found to increase customer value by almost 30 percent over a five-year time period. There are plenty of great ideas.
6 Types of CustomerLoyaltyPrograms to Help Grow Your Small Business by Social Media Today. Social Media Today) Rewards points, VIP privilege, Tiered programs, Omnichannel programs, Cashback – What is the best loyaltyprogram to help grow your business? Here is an infographic.
My Comment: Customers are more demanding than ever, especially when it comes to the customer experience. This, according to the article, can put a company that’s not customerfocused in a “fragile” position. Mismanage the customer’s experience an d you may shatter the relationship and any hope for future business.
How to Start a CustomerLoyaltyProgram for Your Small Business by Brandi Marcene. Atlanta Small Business Network) Regardless of the industry, you’ll come across various issues concerning customer retention. Keep in mind that a loyaltyprogram is as much about marketing. Follow on Twitter: @Hyken.
Each week I read many customer service and customer experience articles from various resources. Your LoyaltyProgram Might Be Losing You Money by Raghuram Iyengar, Young-Hoon Park, and Qi Yu. My Comment: I’ve written that many loyaltyprograms are actually discount programs. Or, do they?
Harvard Business Review) More and more companies have loyaltyprograms — and for good reason. A recent industry report showed that loyaltyprogram members not only spend more and remain customers longer but they are also more likely to spread positive word of mouth. Follow on Twitter: @Hyken.
(Martech Today) While it might seem easy to get consumers to sign up for your loyaltyprogram, keeping them active and engaged is another story. Columnist Mike Sands explains how a customer identity solution can help. My Comment: If your organization has a customerloyaltyprogram, you’ll find this article of great interest.
What Today’s Guests Really Want When It Comes To Hotel LoyaltyPrograms Might Surprise You by Ellis Connolly. Hospitality Net) Why do so many hotel loyaltyprograms fail? My Comment: Here’s an interesting take on loyaltyprograms. 78% of customers prefer immediate benefits over accumulating points.
Beyond Discounts: The New Rules for Today’s Top LoyaltyPrograms by Charlie Casey. My Comment: If you think that customerloyaltyprograms are about discounts and points, think again. True loyaltyprograms make customers feel special and connected to the company. Follow on Twitter: @Hyken.
The more information a customer has, the more comfortable they will feel about an experience that’s less than perfect because of the aforementioned reasons. Fred Auzenne- 14 Steps to Creating a CustomerLoyaltyProgram That Works by Anna Duke. I’m always careful when using the term “loyaltyprogram.”
My Comment: I’ve always believed (and have written numerous articles about the topic) if you want a good customer experience, it starts with a customer-focused culture. Here’s an article with several short examples about how companies created a culture that helped create the experience that retains customers.
(Digital Commerce) The recently revamped VIP program Zappos launched has helped the Amazon-owned retailer build stronger customerloyalty and increase conversion. My Comment: What drives loyalty? Is it a loyaltyprogram with incentives to come back? Or, is it the experience? Follow on Twitter: @Hyken.
Eliminate Inconveniences For Your Customers With These 5 Tips by Brittany Hodak (Brittany Hodak) When it comes to creating an exceptional customer experience, businesses often focus on the big gestures – impressive loyaltyprograms, flashy gifts, and over-the-top service at one or two big moments. I love that!)
Top 10 Signs Your LoyaltyProgram Needs Rehab by Dan Jurek. CustomerThink) Customerloyalty best practices constantly evolve. So even if your program previously achieved great results, failing to update it frequently to keep customers engaged may mean you lose money, opportunities, or both.
5 Innovative Ways to Inspire CustomerLoyalty by Vivian Wagner . CRM Buyer) Getting customers — and keeping them — is the name of the game in e-commerce. My Comment: If you have any type of loyaltyprogram, you will want to read this article. For information contact or www.hyken.com.
Customers want experiences that feel personal, considerate, and crafted with care. CX leaders who focus on human connection—whether through smart tech, distinctive spaces, or customer-focused strategies—are the ones who will shine and earn loyalty over time. Happy reading—and stay curious, DCXers!
Consumers Embracing Premium LoyaltyPrograms by Retail Customer Experience. Retail Customer Experience) Consumers are more likely than ever to join a premium loyaltyprogram and willing to pay if the program guarantees discounts and offers relevant benefits. Maybe it’s time to start!).
We organize all of the trending information in your field so you don't have to. Join 97,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content