article thumbnail

Master the Market: A Deep Dive into Competitive Analysis

InMoment XI

In today’s cut-throat market, differentiating your brand is more important than ever. Whether you’re a startup or a market leader, understanding your competitors helps you make informed decisions, from product development to marketing strategies. Market Position and Brand Analysis: How do consumers perceive your competitors?

Marketing 260
article thumbnail

5 Simple Steps Retailers Can Take to Build Stronger Relationships with Customers

InMoment XI

If you design your store to provide an appealing experience, customers will be more likely to visit your store as an activity or a destination. Customers expect stores to be well-stocked with high-quality merchandise. Sales, coupons, and promotions can also help customers feel like your brand offers a good value.

Retail 493
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

5 Ways for Grocery Retailers to Revamp Their Loyalty Programs in 2021

Oracle

From the way consumers buy groceries to how they’re rewarded for their loyalty, the impact of shopping for essentials in a pandemic has permanently changed the grocery market. To win and retain customers in the future, grocery retailers must respond to increasing customer expectations around convenience, flexibility, and value.

article thumbnail

3 Ways Retailers Can Leverage Loyalty Programs for Growth

Oracle

Smart brands exceed customer expectations at every interaction and remember customers don’t think in terms of channels as marketers do. Some retailers now have an additional challenge, and that’s staying relevant for customers in this new economic landscape. Accelerate the adoption of new technology.

article thumbnail

Customer Satisfaction Best Practices: Insights for Marketing Experts

SurveySensum

A company, despite investing heavily in marketing and advertising, struggles to retain its customer base and faces a decline in sales. Well, here’s a startling statistic to ponder: 82% of customers stop doing business with a company due to poor customer service. Sound familiar? Don’t know?

article thumbnail

Twenty Ways to Delight Your Customers: Transforming Satisfaction into Loyalty

C3Centricity

Today, most markets are saturated, and companies are fighting for the same customers. This is why organisations should no longer aim for customer satisfaction but rather delight. But how can you delight your customers so they remain loyal? I bet you’ve clicked on many of their suggested titles. I know I have!

Loyalty 62
article thumbnail

The Psychology Behind Customer Retention and Loyalty

Experience Investigators by 360Connext

When working to grow their business and revenue, companies often focus most (if not all) of their resources on attracting new customers. Customers expect (and deserve!) If a customer tries a new brand that fails to deliver on their needs—especially during the earliest interactions—they have little reason to support it.