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Building a Better Loyalty Program (and the Reward for Getting It Right)

BlueOcean

loyalty programs on average. If, for example, you’re a member of Nordstrom’s loyalty program, Nordy Club, you’re among a group of customers who are likely to spend three to five times more than non-members, and are consequently driving two-thirds of Nordstrom’s sales. The Downlow on Loyalty: Reciprocity is Key.

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Retail Customer Experience: Strategies for Keeping Shoppers Engaged and Loyal

Retently

Innovative retailers are leveraging technology to enhance the in-store experience and boost brand awareness. In 2022, Apple Stores generated over $70 billion in revenue, highlighting their success in the retail industry. By offering a variety of incentives, these programs encourage customers to deepen their engagement.

Retail 78
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QSR: How Restaurant Brands Can Compete With Third-Party Delivery

Strativity

Third-party providers comprised a whopping ~52 percent of food and drink app downloads in 2022, signaling a tug-of-war with large, national franchises that is only going to heat up. But the success of these programs has as much to do with insights as technology. Sample new channels to reach new customers. james.lanyon@materialplus.io

Brands 52
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Why Apple’s NPS is the best in the Industry?

SurveySparrow

As of 2022, Apple’s NPS score is 72 — almost 20 points higher than the industry average of 54. Innovation. Innovation. Innovation. Take Apple’s watch and AirPods — they are very innovative because they solve common problems that people face. Loyalty Programs. Please enter a valid Email ID.

NPS 59
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Next-Level Customer Engagement: Advanced Tactics for E-Commerce Loyalty and Retention

CSM Magazine

As of 2022, global e-commerce sales surpassed $5.7 In this rapidly evolving landscape, businesses must adopt advanced and innovative strategies to not only capture the attention of customers but also foster enduring loyalty. Gamified Loyalty Programs The world loves games, and e-commerce is no exception.

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5 Ways to Extract Serious Value from Your Transactional Data

Circular Edge

Blog Credit: Pamela Pierce, December 7, 2022 (5 Ways to Extract Serious Value from Your Transactional Data | NetSuite). 62% of SMB data will reside in the cloud by the end of 2022.” — Flexera. Loyal customers are your cash flow drivers and innovation partners. Marketing can create loyalty programs and win-back campaigns.

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Loyalty trends 2023: a year of cost-driven innovation

Currency Alliance

During 2023, brands will make it easier for more customers to realize value from loyalty program participation. This will help them engage many more customers – particularly in the mid-to-long tail: previously not seen as a valuable target for loyalty marketing, but now recognized as a leading source of incremental revenue.

2023 52