Entries Tagged ‘Customer Strategy’:
filed in Case Study, Loyalty 201 on Aug.18, 2009
Loyalty Marketing has had its most notable successes in high frequency transaction environments. Think airlines, credit cards, gaming, hotels, and retail.
Where the sales cycles are extended or the opportunity for transactions less frequent, there have been fewer examples of success. Think insurance, subscription businesses like newspapers, cable, and wireless, and health care.
A revelation of Loyalty [...]
Tags: Customer Strategy, Loyalty 201, Loyalty Marketing, Safeway, Safeway Healthy Measures, Steve Burd
filed in Customer Experience, Loyalty 201, Thought Leadership on Aug.15, 2009
Data driven marketing programs which unite tangible rewards and special benefits are meant to change behavior. And the outcome of the behavior change should render a business benefit for the company sponsoring the program and create feelings of affinity and goodwill from the people whose behavior changed towards the sponsoring outfit.
Practitioners call the resulting schema [...]
Tags: Customer Strategy, Incentive Program, Loyalty Marketing, rewards program, Sales Performance
filed in Brand, Case Study, Customer Experience, Loyalty Models on Jul.28, 2009
“While not every business needs a Loyalty Program, every business does need a well planned and executed Customer Strategy.” This is one of the loyalty mantras that I share on Hanifin Loyalty and the statement represents a guiding light on the path to innovation in the next wave of Loyalty Marketing.
For some businesses, building a [...]
Tags: Customer Experience, Customer Strategy, Ford Motor Company, Fred Reichheld, Ironman, Ironman Lake Placid, loyalty program, Mike Reilly, World Triathlon Corporation
filed in Loyalty Models, Measurement & Metrics, Thought Leadership on Jun.25, 2009
“P” as in Profitability, that is.
Part of the challenge in playing the Loyalty Marketing game is that we, as strategists and solutions providers, tend to confuse the issue for our clients through our own marketing-speak. We spend too much time battling over semantics and definitions when all our clients really care about is increasing their [...]
Tags: Customer Satisfaction, Customer Strategy, Ipsos, Loyalty Marketing
filed in Communications, Millennial Marketing, Thought Leadership on Mar.04, 2009
Designing strategic marketing plans, I take comfort in using a proven planning methodology as I am assured of covering every aspect needed to create and launch an effective Customer Strategy. In other words, I am always sure to thoroughly vet client project objectives, customer needs and behaviors, the proposed value proposition to engage the group, [...]
Tags: Communication Strategy, Customer Strategy, Dialogue, Digg, Facebook, Generation Y, LinkedIn, Loyalty Marketing, SMS, twitter
filed in Loyalty Asterisk™, Millennial Marketing, Thought Leadership on Dec.18, 2008
If we were playing a word association game, tossing out “Loyalty” to the crowd would elicit responses “Points” or “Miles”. In a similar way, ask what business problem Loyalty is designed to solve and most people would respond “attrition” or “retention”.
Obviously, historical perspective on Loyalty Marketing programs equates the strategy to a Hammer, a [...]
Tags: Customer Strategy, Generation Y, Loyalty Asterisk™, Loyalty Marketing, Millennial Generation, Millennial Marketing, Swiss Army Knife
filed in Customer Experience, Loyalty Asterisk™, Retail on Jun.03, 2008
Having a well planned and executed Customer Strategy should be the litmus test for the efficacy of today’s corporate marketing department. Think you can live without it? Then ask yourself why companies are putting more choice in consumer hands each day and striving to gain perspective on customer preferences via blogs and communities.
Whether a Loyalty [...]
Tags: Colloquy, Customer Strategy, Loyalty programs, Office Depot, Worklife Rewards
filed in Customer Experience, Retail, Thought Leadership on May.18, 2008
“While not every business needs a loyalty or rewards program, every business does need a thoughtfully created and well executed Customer Strategy.” This snippet of dogma clipped from the Hanifin Loyalty LLC site is backed up by many examples in the marketplace. It emphasizes the importance of forming marketing strategy with your customer’s best interests [...]
Tags: Boca Raton, Customer Strategy, Hanifin Loyalty, loyalty program, Racer's Edge, Walmart
filed in Analytics, Database, Retail on Apr.16, 2008
Ever since man has been on earth, we’ve been running. In the beginning, our motivation was the need for food, shelter, and survival. By the mid-twentieth century, pursuit of fitness through sweaty activities had become the domain of oddballs. Given the outlaw nature of adult fitness only 50 years ago, the origins of the 70’s [...]
Tags: Bill Bowerman, cash back discounts, Customer Loyalty, Customer Strategy, Loyalty, New Balance, Nike, punch cards, Steve Prefontaine
filed in Case Study, Customer Experience, Retail on Mar.20, 2008
I hate to see things go to waste.
Standing in line at the local donut shop (I think it was the one that “runs” America) the person in front of me dropped a handful of change on the floor. In acknowledgement of the coins clanging on ceramic tile, she grimaced and her feigned indecision turned to [...]
Tags: Customer Strategy, loyalty program, Men's Wearhouse, Perfect Fit, surprise and delight