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Consumer banking: money can’t buy loyalty

Currency Alliance

A 2018 Collinson study reported that 66% of financial services professionals say their bank “does not understand why customers are loyal or have a strategy to strengthen customer relationships”[i]. Compounded in Europe by the slashing of interchange fees, banks have been left with reduced margins from which to carve out rewards value[v].

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Churn Monster: The Victim

ChurnZero

We will also give you actionable tips to help you combat each churn monster, and insight into how ChurnZero can help. 5 Strategies to Boost Customer Success ROI – Use these five foundational methods to improve your CS operations, and spend your funds and team members’ time most efficiently. Customer Success Around the Web.

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How to Evaluate Employees: A Performance Review Checklist

SurveySparrow

If you want to get better ROI, work engagement, and high employee retention, it’s crucial to provide constructive feedback. It will give them proper insights into their strengths and better understand weaknesses. Also, the feedback software will give you rich insights and review reports. Don’t Google this fact.

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Loyalty Strategy 2019: How to Win in the Next Decade

Currency Alliance

In December 2018, we published what we consider will be the Top 10 Trends in loyalty marketing during 2019. The most important priorities are: Align with corporate goals: update loyalty program design to support current business objectives. Customer data: maximize ROI. Maximize ROI from Customer Data.

Loyalty 45
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Top 6 Loyalty Trends for 2020: digital transformation for an open future

Currency Alliance

Constraining collaboration only constrains your ability to engage and capture insightful data. 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.

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Supermarkets: How to Build a Winning Loyalty Program

Currency Alliance

Broadly speaking, most of the chains’ loyalty efforts have been in proprietary, albeit digitalized versions of the original S&H program: collecting in order to redeem for rewards, some digital couponing, and pushing out offers via a mobile app. All that said, the program isn’t perfect.