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Customer Loyalty

Beyond the Pareto Principle: Five Steps to Capitalize on High-Value Relationships

PersonMatch, audience segmentation

Many marketers have increasingly embraced the Pareto Principle, the idea that 20 percent of their customers generate 80 percent of their revenue. Given this, it makes sense they would invest a disproportionate part of their resources marketing to their best customers, since it can have a much greater impact on revenue than indiscriminate, batch-and-blast messaging.…

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Supercharging Brand Loyalty With Your Own Customer Data

  In the digital age, brands can no longer count on the fact that a certain percentage of their new customers will ultimately convert to loyal ones. When consumers have so many choices at their fingertips, brands must win loyalty over and over with each customer interaction, writes Tamara Tamara Gruzbarg, ActionIQ’s head of industry…

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Make Your Loyalty Program Stand Out From the Crowd

Loyalty is booming; just take a look at the numbers. According to Colloquy, U.S. consumers hold 3.8 billion memberships in customer loyalty programs. But for each of these billions of memberships, are customers really getting what they want? And how can you differentiate to make the impact, keep members happy, and make your program stand…

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Making Loyalty Matter in the Age of the Fickle Consumer

Consumers are in control.  Empowered by mobile and digital freedom, they can product hunt and price shop without barriers.   With the swipe of a thumb they can leave your online store and buy from a competitor. Forrester calls this new era the “Age of the Consumer” and urges companies to become “customer-obsessed” to regain…

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Customer Loyalty in Six Simple Steps

Creating a robust loyalty program from scratch can seem like a gargantuan task. Wrestling data, compiling rewards and following customer behavior can be so daunting that marketers often scale down their loyalty ambitions before they even get started. But this is the era of software as a service, where data can be wrangled with the…

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Personalization Beats Punch Cards: Five Tips for True Customer Loyalty

You can’t buy loyalty, but that hasn’t stopped brands from trying. An endless stream of punch cards, discounts and perks bombard today’s digital customer. How do you move loyalty away from its transactional past and into an authentic customer relationship future? It’s a process that takes a lot of hard work, but today’s software-enabled brands…

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