In today’s cutthroat business environment, retaining existing clients is just as important as finding new ones. According to Forbes, companies have between a 60% and 70% chance of closing a deal with an existing client. In addition to bringing in recurring business, loyal customers promote your brand and encourage friends and family to engage with …
Do you know that 64% of marketing experts believe that word-of-mouth is the most effective type of marketing? Do you remember the last time you couldn’t stop telling your friends and family about a new restaurant you discovered? Or about the new pair of shoes you just bought from a small online store? Telling your …
Why is Word-of-Mouth Marketing Still a Game Changer in 2024? Read More »
Building a tribe of loyal customers is one of the most difficult tasks for businesses today. This is true, especially in today’s time where people are spoiled with so many choices. However, investing in a strategy to convert customers into brand loyalists has more advantages than you had imagined. One, retaining customers is easier and …
The Power of Brand Advocacy: How to Turn Customers into Loyal Ambassadors Read More »
Businesses in today’s intensely competitive market are always looking for new and creative ways to keep customers and build lasting partnerships. The use of loyalty programs is one strategy that has stood the test of time. In addition to promoting repeat business, these initiatives enhance a customer’s happiness quotient and also loyalty towards your brand. …
Agriculture stands as the backbone of global food security and economic stability. Farmers face numerous challenges, from unpredictable weather patterns to market fluctuations and increasing production costs. Businesses with effective loyalty marketing programs earn 100–400% better returns to shareholders and increase sales 2.5 times faster than the competition. Channel loyalty programs have emerged as a …
The Role of the Channel Loyalty Program in Agriculture Success Read More »
In 2024, the airline sector faces a significantly altered era due to the global COVID-19 pandemic. According to a recent study by IATA, there has been a significant resurgence in passenger numbers, with an impressive increase of 16.6% in revenue passenger kilometers (RPK) from January 2023 to January 2024. This recovery marks a critical milestone, …
Deploying Next-Gen Airline Loyalty Programs: A Complete Guide Read More »
The new generation is not only tech-savvy but also fashion-conscious. The retail fashion industry is going through what we would like to call the golden renaissance with numerous retail clothing stores across the globe. Even in the online space fashion remains one of the most popular categories with clothing (51%), shoes (41%), and accessories (30%) …
Loyalty Programs For Retail Clothing Stores in the Fashion Industry Read More »
A plumber loyalty program is a rewards program that honors and compensates plumbers for their steadfast commitment to a specific brand or business. The goal of the program is to reward plumbers for sticking with the company and to encourage them to recommend it to their end customers (dealers/end consumers/fellow plumbers). Plumber loyalty programs are …
The Complete Guide to Plumber Loyalty Programs 2024 Read More »
B2B loyalty programs are made to attract and keep customers, especially distributors, dealers, retailers, vendors, gig workers, and vendors that work with B2B companies. These incentive schemes incorporate strategies to increase brand loyalty by providing recurring business clients with something extra. In the electronics sector, a well-crafted loyalty program increases brand loyalty, encourages repeat business, …
How B2B Loyalty Programs Are Driving Growth in the Electronic Industry Read More »
The hotel industry is highly competitive. Going the extra mile by offering an attractive loyalty program can help hotels retain customers and acquire new ones. Loyalty programs offer reward points, perks, and more ensuring customers keep coming back to the hotel. They play an instrumental role in helping a hotel brand build a loyal customer …
Mastering Hotel Loyalty Programs: Essential Guide for Hoteliers Read More »
