Packaged goods companies have traditionally relied on mass-marketing to communicate with their consumers. The lack of a face-to-face meeting (products are sold through channel partners) with the consumers has made it more complicated for packaged goods brands to implement loyalty practices into their marketing mix. The internet, armed with social media and mobility, has changed … Continue reading
Net Promoter Score (NPS) is probably the most simple and effective method for measuring customer loyalty and satisfaction at different stages. Longer and more complicated surveys might help you dig deeper into the brains of your respondents, but they tend to make it more difficult to take actions on the results – which in my … Continue reading
Look at where your customer experiences your brand. What’s the most critical point in your sales process? Are you superior there? A while ago, on a finnish talkshow, Stephen Elop said that Nokia needs to make sure consumers get the best possible experience from retailers. The place where people experience the phones and decides which … Continue reading
Right now, marketers are looking for smart, interactive, measurable, and cost-efficient ways to connect with their customers. That’s the conclusion from my personal study conducted recently (discussions, workshops and interviews with marketing chiefs across various industries). The words measurable and cost-efficient are emphasized these uncertain times when most investments are carefully evaluated. I would argue … Continue reading
Customer relationship management (CRM) helps companies serve clients on an individual level, to keep them loyal and maximize profits. While technology often makes that easier and more efficient, it’s just a means to an end. Without a sophisticated plan a software alone will not help generate better customer relationships. I meet hundreds of business decision … Continue reading
Like traditional events, online promotions – contests, sweepstakes and campaign sites – engage people to spend time with a brand and creates brand experiences. The biggest upside for online events is the possibility to get data from the participants, without a big hassle. Plus, it’s easy to steer people in the direction you want them … Continue reading
The easiest way to get customers to buy again is to remind them of your existence. In general, when people like what they get, they will be back for more. Except, they tend to forget. In fact, you might be losing business right now because of the absence of a simple rebuy-offer. An offer to … Continue reading
With Google expected to launch their electronic wallet today, marketers now need to delve possibilities this new technology opens. When projecting the upsides Near Field Communication (NFC) has in store for consumers (getting rid of all plastic cards, for one), it seems obvious, mobile commerce will flourish soon. Mobile loyalty cards, coupons, personalized offers, as … Continue reading
Loyalty cards, customer clubs, and points programs are commodities now, with typical households belonging to 14 of them simultaneously. No wonder marketers struggle with creating unique customer experiences. Panera Bread Company tries a different approach and adds an element of surprise to their scheme. Since the introduction of S&H green stamps in 1896, loyalty programs … Continue reading
A hundred years ago, John Wanamaker said: “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” (He has later been referred to as the father of modern marketing.) Looking at the growing global mass-media expenditure, it seems advertisers still puzzle over the same challenge. Solving the problem … Continue reading
Often loyalty programs are thought as complicated, resource intensive and expensive marketing programs. However, many brands are adapting to a modern loyalty program that is more like a direct marketing program with special personalized promotions. There are many benefits for launching a simple direct marketing program, here are five of them: 1. Communicate directly When you … Continue reading
Norwegian is an extremely interesting airline with a very well designed loyalty program in place. It’s smart, efficient and most certainly a bit different. Today I received an email from them with an interesting offer. Like any other airline that offers cheap flights, when traveling with Norwegian you’d normally have to pay separately for your … Continue reading
Who wouldn’t want to have more loyal customers. They are easier to please, they are more profitable, they respond to offerings better, and they speak positively about the brand they love. Marketers respond with more loyalty programs trying to captivate the most profitable customers. However, a loyal customer can only be loyal to one brand … Continue reading
It’s said that when a potential customer has the possibility to try out your product, that person will be one step closer to buying your product. Sampling is the strongest and fastest way to get people to try your product for the first time. This works for almost any industry. Sampling is widely used by … Continue reading