Remove Airlines Remove Customer Base Remove Customer Engagement Remove Multi-Channel
article thumbnail

Loyalty Point Liquidity drives Customer Engagement

Currency Alliance

This ´other´ 80% represents the mid and long-tail of customers that might be spreading their share of wallet among many competitors, or simply a set of customers that can be profitable when attracted back to the business, but their needs are such that they just can´t spend a lot every month. Market Growth comes from Liquidity.

Loyalty 45
article thumbnail

Top 6 Loyalty Trends for 2021

Currency Alliance

It allows us to keep customers engaged when business plans fly out the window, due to marketplace calamities, such as the Covid-19 pandemic. This changes who your competitors are: from your closest business rivals, to every brand that provides a better customer experience. travel or luxury goods).

2021 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 loyalty trends for 2024: intelligent, data-led marketing

Currency Alliance

that have not reinvented their business model, are still limping along, but with modest engagement. But in 2024, loyalty professionals will be shocked – albeit they should not be surprised – that many new multi-partner collaborations will be launched. I can’t say more due to confidentiality agreements – but stay tuned to this trend.

2024 59
article thumbnail

4 Customer-Focused Master Strokes that Winning Companies Get Right

LiveChat

It’s easy to envy great brands for their loyal customer base or their fabulous products. However beneath that sheen of success, we don’t get to see the thousands of hours spent in building businesses that are ready to weather any storm, withstand intense competition, and please the most exacting customer.

article thumbnail

How to Pick the Best Customer Journey Analytics Platform for Your Needs

Pointillist

Journey discovery is a quantitative approach to customer journey analytics where customer behavior data is analyzed across touchpoints and over time to uncover meaningful behavioral segments and the paths they take to achieve a specific goal—what Forrester calls the ‘bottom up approach’ to customer journey analytics.

article thumbnail

Loyalty Marketing For CEOs: Add Enterprise Value To Your Business

Currency Alliance

You might have noticed that several airlines mortgaged their loyalty programs in 2020 for many billions of dollars. From that experience, I can guarantee that businesses which don’t execute their digital transformations well, so they can deliver more value to customers, are doomed in the age of Amazon, Alibaba, and WeChat.

Loyalty 52
article thumbnail

Loyalty for CEOs: how to add enterprise value to your loyalty program

Currency Alliance

In my opinion, if someone believes they have reached ‘best practice’, then they typically stop thinking about how to create more value for all stakeholders, and simply allow inertia to drive their customer engagement efforts. Loyalty programs, and the ‘loyalty mechanics’ designed into them, can drive very specific customer behavior.