A company’s growth is mainly because of its loyal and long-time customers! Loyal customers are the ones that return to brands and spend 31% more than new customers. The research also says even a minimum of a 5% increase in customer retention can lead to a 25% increase in profit. However, winning customer loyalty is…

Loyalty campaigns are becoming an essential part of every business to encourage their customers and keep them engaged in the long run. Customers today now look for new ways to earn reward points, bonuses & benefits. To attract customers in the age of distraction and full of competition, brands must focus on unique loyalty strategies…

We all know the power of word-of-mouth marketing as we tend to consider & buy products that are being referred to us by our friends or family. We have a habit of asking our inner circle for a referral while searching for the thing to buy. Referrals can act as a great way for brands…

Industry Food & Beverages Genre Coffee Shop Brand Website Starbucks Coffee Company Loyalty Program Website Starbucks® for Life (starbucksforlife.com) Overall Score 8 out of 10 Location 35,711 (2022) Verdict  The renowned coffee chain, Starbucks come up with Starbucks for Life game at the end of every year that gives their customers freebies, discounts, and a…

In addition to the standard objectives of increasing client lifetime value, lowering churn, and maintaining high levels of customer acquisition and retention, 2022 appears to have given loyalty marketers a whole new set of challenges to face. As more businesses decide to include the best business loyalty program in their services, competition in the loyalty…

The idea of brand loyalty hasn’t changed over time, but a brand’s strategy for retaining customers does. Customer loyalty is shifting to companies that use more accurate customization to provide excellent customer experiences. Brands that identify customers across all touchpoints are the ones fostering successful loyalty, regardless of whether a brand engagement takes place online,…

With the year 2022 coming to an end, brands are looking for ways to make themselves stand out & win customers’ hearts over the competitors. Research says that brand messaging and upper funnel marketing are directly driving 30% of the paid search and the other 30-60% is driven by non-marketing factors such as seasonality, loyalty,…

As we are aware the retail industry is one of the most competitive sectors in the business world, many stores often struggle with inventory gluts and look for options to clear excess stock without much loss. After the recovery from the COVID-19 outbreak, the impact of the Ukraine assault and other unprecedented challenges appeared forcing…

With growing competition in the business market, building customer loyalty is becoming the need of the hour to grow a business, irrespective of the industry they are dealing with. A loyal customer is the real asset of the organization as there is nothing like a repeat customer when it comes to measuring business growth. When…

Loyalty is more important than ever for every business, irrespective of which industry they belong to. With thriving competition in the business era, it is essential to understand that every customer is unique. When it comes to the creation of a loyalty marketing strategy, the business should be aware that customers have unique needs, preferences,…