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5 Top Customer Service Articles for the Week of November 26, 2018

ShepHyken

The Wise Marketer) Companies are realizing the importance of focusing on their repeat customers and designing special loyalty rewards program exclusively for this category of customers. For information on The Customer Focus customer service training programs go to www.TheCustomerFocus.com. Follow on Twitter: @Hyken.

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Loyalty partners: co-creating customer value

Currency Alliance

Loyalty partnerships with complementary brands are the best way to create additional value, for customers and for your business. Depending on the maturity of your loyalty program, you may already have some program partners, or be a partner in somebody else’s program. How loyalty partners co-create value.

Loyalty 59
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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].

Banking 40
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Strengthening Brand Experience in the Grocery Industry

Second to None

3] Offering a sense of familiarity and consistency, private brands have proven to increase trust and loyalty in customers. 6] If your customers feel that their needs are being neglected in lieu of fashionable trends, their loyalty to your brand will deter. Loyalty and Rewards. 3] [link]. [5] 5] [link]. [6]

Brands 73
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Strengthening Brand Experience in the Grocery Industry

Second to None

3] Offering a sense of familiarity and consistency, private brands have proven to increase trust and loyalty in customers. 6] If your customers feel that their needs are being neglected in lieu of fashionable trends, their loyalty to your brand will deter. Loyalty and Rewards. 1,2,4] (2018). PYMNTS.com. [3]

Brands 48
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Three Travel and Hospitality Customer Journey Tracking Examples

Kitewheel

Personalize Based On Past Behavior to Drive Loyalty. Too often, when interacting with travel brands and hotels, they don’t seem to know who you are unless you’re a member of their rewards program. Customers who are most willing to share information are often members of the loyalty system already.

Travel 40
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Reconsidering Loyalty: Top Loyalty Trends for 2019

Currency Alliance

The Economist, November 2018. Escalating competition across sectors – not a purported “death of loyalty” – is making loyalty harder earned. As a result, major loyalty trends for 2019 will see a wave of innovation as established brands trial new ways to retain share of mind. The evolution of loyalty marketplaces.

Loyalty 45