Loyalty Management: From Loyalty Programs to Customer Experiences

Category

Business & management books

Store

Wordery

Brand

Clanrye international

Loyalty Management: From Loyalty Programs to Customer Experiences : Clanrye International : 9781647266295 : 1647266297 : 26 Sep 2023 : Customer loyalty refers to a customer's inclination to repetitively buy products and services from the same company. Attracting and maintaining the consumer base has a big impact on the retail industry. As the competition intensifies, majority of the marketers see loyal consumers as one of the most important factors in enhancing profitability and achieving success. Loyal customers buy more frequently and spend more money along with spreading favorable word-of-mouth. Companies design customer loyalty programs under which the loyal customers are offered rewards such as discounts, free merchandise, coupons, or even advance-released products in order to reward and encourage their loyalty. Customer loyalty management aims to expand and maintain existing customers by coordinating marketing and promotional activities to build customer loyalty and trust while a

135.23 GBP