Remove Airlines Remove Customer Base Remove ROI Remove Technology
article thumbnail

AI in loyalty marketing

Currency Alliance

If you can anticipate a big problem and deal with it in a timely manner, then most issues can remain small and possibly not even be noticed by the business or customers. Progress in all of these areas, for artificial intelligence, has been constrained by available technology until the past 6-12 months.

Loyalty 52
article thumbnail

Loyalty programs: should you issue your own points or miles?

Currency Alliance

This means that loyalty programs are now a more important channel for customer acquisition and retention than ever before. Customer frequency is partly determined by the nature of your business. On the customer side, you’re looking to create the greatest possible perceived value. Consider the example of a retailer (i.e.,

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 is driving brands and customers alike to be more earnest in the pursuit of value a significant acceleration in the deployment of more cost-effective marketing and loyalty technology. Air Miles Middle East has been upgrading its technology and adding partners.

2024 59
article thumbnail

Why Customer Service is Important to Businesses: Top 5 Reasons

ProProfs Chat

Following a trip made from Chicago to Paris, Hasan Syed, one of the customers, was frustrated at British Airways’ inability to tackle the issue of lost luggage. Syed thus turned to Twitter and expressed his anger towards the airline. . After all, when a customer loses the luggage, they expect the issue to be resolved at the earliest.

article thumbnail

Loyalty trends 2023: a year of cost-driven innovation

Currency Alliance

Technology cost is one of the primary areas where brands stand to achieve savings. When consumer spending is strong, keeping legacy systems is an expensive convenience, since it avoids the big job of replacing technology. Fortunately, loyalty technology is now much more flexible and cost-effective. More on this below.

2023 52
article thumbnail

Next-Generation Loyalty Marketing (for experts)

Currency Alliance

About three years ago, I was flying from Barcelona to New York on United Airlines. Customer acquisition and retention tactics have also evolved tremendously, to now include merchant-funded offers and cashback, as well as real-time, geolocation-based targeting. Technology is enabling this at scale.

Loyalty 98
article thumbnail

Loyalty Marketing For CEOs: Add Enterprise Value To Your Business

Currency Alliance

Certainly that’s the case if the outcome will be greater ROI from the department, and an increase in my brand’s NPS score. The loyalty profession is characterised by cognitive entrenchment, as well as technological backwardness which further limits innovation. Nobody granted those loans on a whim.

Loyalty 52