ShepHyken

JANUARY 7, 2024

Deloitte Shares Loyalty Trends and Best Practices for 2024 by Alicia Esposito (Retail TouchPoints) To drive customer retention and loyalty, most brands and retailers continue to rely on purchase discounts (77%) and loyalty program points (61%), according to Retail TouchPoints research. Connect with Shep on LinkedIn.

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ShepHyken

FEBRUARY 4, 2024

trillion annually, according to new research by the experience management company Qualtrics. How 6 Brands Could Change Loyalty Trends In 2024 by Jenn McMillen (The Wise Marketer) Loyalty marketing remains popular, but often is just the same-old, same old. My Comment: Most loyalty programs are marketing programs.

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BirdEye

OCTOBER 19, 2023

Manage your reviews to build social proof 7. Develop a loyalty program 10. You may offer the exact menu and cuisines as your neighbor restaurant but digital marketing helps you convey your brand’s story, values, and personality to connect with customers on a deeper level. Invest in social media marketing 4.

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Marketing Social Media Multi-Channel Loyalty Programs 62

Currency Alliance

DECEMBER 4, 2023

Loyalty trends, as we’ve said in our previous years’ trends articles, are interesting to think about – but they are not necessarily reflective of what your own brand should be focusing on in the next year. And, since Currency Alliance is not in the data management business, I hope these trends are considered as unbiased.

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SurveySparrow

MARCH 29, 2023

You will be able to connect different business parts and make them work in tandem for a seamless customer experience. It will help you prioritize activities that will impact your business directly. Use a loyalty program software like 99minds to formulate a reward program that makes them stay with you.

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BirdEye

NOVEMBER 29, 2023

Ensure effective business listing management Maintaining accurate and consistent business information across directories is key. This becomes achievable when your business listings management is well structured. Pro tip: Create, update, and manage business listings for all locations and better rank with Birdeye Listings.

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Marketing 2024 Advertising Social Media 57

SurveySparrow

FEBRUARY 27, 2024

Benchmarking NPS in Retail As discussed in the other section, the average NPS score in retail is 61 as of 2023. Once you have resolved the issue, be sure to connect with the customer and let them know. Building Strong Loyalty Programs Offering meaningful rewards is another effective way to improve your NPS score.

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ShepHyken

MAY 22, 2023

Loyalty Programs – A Few Best Practices by MTS Staff Writer (MarTech Series) Loyalty management encompasses more than just software or a vendor running a loyalty program. Here’s the article to help you learn what customers want and how businesses are approaching social media in 2023.

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2023 Article Customer Service Loyalty Programs 13

ShepHyken

DECEMBER 5, 2022

The Top 5 Guest Loyalty Trends and Predictions to Watch for 2023 by Ellis Connolly. So, our first article comes from the hospitality industry with five “guest loyalty” trends that should be considered by every business. An updated loyalty program can help keep you connected to customers.

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Article 2022 Customer Service Hospitality 69

ShepHyken

MAY 1, 2023

Looking Ahead for Loyalty in 2023 by Meg Tronquet (Concentrix) Loyalty programs were the talk of the town in 2022. As we look to 2023, let’s consider what will carry over from last year, and what we can expect to see more of in 2023. My Comment: Another one of my favorite topics is customer loyalty.

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West Monroe

SEPTEMBER 4, 2023

Beauty's Chief Digital Officer, joins the podcast to discuss the ever-evolving customer journey and the balance between customer needs and technology advancement, fostering innovation, and maintaining a seamless physical-digital connection. Another thing we focus on is offering good loyalty programs. Prior to e.l.f.,

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BirdEye

OCTOBER 27, 2023

Recommended read: Did you know now that there are 12 ways to use AI in sales in 2023? It encompasses both online users and offline prospects, examining how customer journeys connect with sales funnels. Improve your marketing funnel: Adopt a data management strategy to analyze data across all your marketing channels and funnels.

Social Media 57

Social Media Multi-Channel Advertising Customer Retention 57

SurveySensum

APRIL 8, 2024

According to a 2023 report by HubSpot, content marketing generates over three times as many leads as outbound marketing and costs 62% less. The success of paid advertising lies in its strategic execution and ongoing management to ensure maximum return on investment.

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Social Media Advertising Feedback Insights 52

Currency Alliance

DECEMBER 7, 2021

But make no mistake; failing in the medium-to-long term on these Loyalty Imperatives will put your customer relationships at risk and ultimately damage your brand. Loyalty programs are no different. The good news is your loyalty program is one of the most effective ways to achieve significant differentiation.

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ShepHyken

OCTOBER 6, 2023

Building and maintaining customer loyalty is more critical than ever in today’s highly competitive business landscape. How to Build Customer Loyalty In 2023 – 3 Must-know Strategies A few strategies in your pocket can help you build customer loyalty better by keeping your customers engaged and loyal.

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SurveySensum

JULY 18, 2023

According to the ‘ The State of Personalization 2023 ’ report by Segment, 85% of businesses believe they are offering personalized experiences, but only 60% of consumers seem to think that’s the case. So, create a seamless shopping experience for them that cater to their convenience by connecting offline experiences with a digital touchpoint.

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Retail Customer Experience Touchpoint 2023 52

BirdEye

MARCH 17, 2023

Small business owners must navigate complex challenges ranging from customer acquisition to human resource management and financial oversight, leaving them with an overwhelming amount of responsibilities to manage alone. Developing reports and performance analytics for management review. Today cybercrime costs SMEs over $2.2

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SurveySensum

MAY 11, 2023

And since we are almost mid-way in 2023 new reports are expected soon. Strengthen Customer Retention and Loyalty Programs According to a study conducted by Acquia , 59% of American customers say that once they’re loyal to a brand, they’re loyal to it for life. Learn more about how to get a good NPS score.

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NPS Retail Net Promoter Score Customer Satisfaction 52

Strativity

APRIL 27, 2023

Those relationships mean we know what really took place during the pandemic and how managers and operators are thinking about the future. The single most impactful miscalculation was to assume that the 2023 post-COVID economy would enable them to resume “business as usual” or at least to get close to pre-2019 operations.

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Strativity

APRIL 27, 2023

Those relationships mean we know what really took place during the pandemic and how managers and operators are thinking about the future. The single most impactful miscalculation was to assume that the 2023 post-COVID economy would enable them to resume “business as usual” or at least to get close to pre-2019 operations.

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2022 Roadmap Customer Relationships Brands 52

SurveySensum

JULY 20, 2023

STEP 3: Resolve those issues Use this feedback to make adjustments to your product assortment, pricing strategies, or loyalty program to meet their evolving preferences and expectations. According to a report by the Baymard Institute on ‘ Cart Abandonment Stats 2023 ’, it was found that the average cart abandonment rate is 69.9%.

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SurveySensum

JULY 4, 2023

In the first quarter of 2023, Amazon reported a significant increase in net sales, amounting to $127.4 For example, if you are looking to increase your revenue from the current customer base then the customer satisfaction goal should be to increase up-sell or cross-sell opportunities through customer loyalty programs.

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SurveySensum

JULY 4, 2023

In the first quarter of 2023, Amazon reported a significant increase in net sales, amounting to $127.4 For example, if you are looking to increase your revenue from the current customer base then the customer satisfaction goal should be to increase up-sell or cross-sell opportunities through customer loyalty programs.

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Customer Satisfaction Social Media Touchpoint Feedback 52

ShepHyken

JANUARY 4, 2024

Including perks like loyalty programs — where customers can earn a discount after a number of uses — can further reduce customer churn rates and increase your customer lifetime value. As a result, you might consider adding options like van rentals to engage a dedicated community and see returning customers.

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