arrow_back

Marketing

21 Mar 2024

Perfect your approach to customer loyalty with our new loyalty playbook

Henry Bewicke - Content Writer

Henry Bewicke

Content Writer

Customer-loyalty
access_time_filled

3 minutes to read

Nowadays most brands understand how important loyalty programs are for the success of their business. Loyalty programs don't just reward customers for their spending. They also encourage sales and increase brand perception in the process.

In fact, according to Accenture, they’re so prevalent that in the US alone there are 3.3 billion loyalty program memberships. That equates to 10 per citizen, and even more if you only count active consumers.

Not having a loyalty program is an immediate turn off for many consumers. But even having one is far from enough to guarantee customer satisfaction.

Rising competition, rising standards

Because loyalty programs are now so common, the threshold for what consumers consider worthwhile is much higher. Basic referral programs with minimal personalization and generic rewards are everywhere. But these two factors really matter to consumers.

79% of consumers say that loyalty programs increase the amount they spend with a brand. - Bond

What does it take to be better than the rest?

There’s no single trick or quick fix that will make your company the best at customer loyalty. What’s required is an investment in the concept and the processes behind it.

A business needs to understand why and how customers develop loyalty. Only then can they change internal processes and what they offer to customers. Once an ideal formula is reached, customers will view the brand much more favorably. Loyalty will then follow.

Find out in our new loyalty playbook

Customer loyalty campaigns are one of the core features of Talon.One’s Promotion Engine. So we’ve created an exclusive Customer Loyalty Playbook to help guide you.

You'll learn why customer loyalty is such an important factor for businesses and how to approach it if you haven't already. We also explore the motivations behind customer loyalty and how you can use them to your advantage.

Monthly loyalty newsletter

Join thousands of marketers and developers getting the latest loyalty & promotion insights from Talon.One. Every month, you’ll receive:

check_circle

Loyalty and promotion tips

check_circle

Industry insights from leading brands

check_circle

Case studies and best practices

Newsletter author

Isabelle Watson

Loyalty & promotion expert at Talon.One

Talon.One Logo

The World's Most Powerful Promotion Engine

BERLIN

Wiener Strasse 10
10999 Berlin
Germany

BIRMINGHAM

41 Church Street
B3 2RT Birmingham
United Kingdom

BOSTON

One Boston Place, Suite 2600
02108 Boston, MA
United States

SINGAPORE

1 Scotts Road, #21-10 Shaw Centre
228208 Singapore
Singapore

G2 LogoMach Alliance LogoISO 27001 Logo
CCPA Logo
GDPR Logo
SOC2 Logo

© 2024 Talon.One GmbH. All rights reserved.