Do loyalty programs really boost customer loyalty? The answer is more complex than a simple yes or no. Find out what 30 years of loyalty program research have taught us about what program design factors matter: https://t.co/gfh62X3mI3
A psychological contract is a #customer’s road map of their relationship with your #business. It reflects the KIND of relationship the customer has with your business, WHAT they expect you to do, HOW they are supposed to act, and WHERE they want the relationship to go.
What type of psychological contract do customers have with their #bank? And how can #banks improve their #customer relationships and #marketingstrategy? New research from @StromeCOB and @ODU sheds new light: https://t.co/8dpxOF4eGl
New @StromeCOB@odu research reveals a #marketing paradox: Even some of the most frequent travelers surprisingly loathe their most used #airlines#loyaltyprogram, stating, “I’m not loyal; I’m just a hostage.” https://t.co/8dpxOF4eGl
Another #marketing paradox: Some #customers are never satisfied with a company but continue to reward the company with ongoing purchases. Why is that and how can it impact your #marketingstrategy? https://t.co/8dpxOF4eGl
A #marketing paradox: Some #customers happily collect relational rewards from a company’s #loyaltyprogram but fail to increase their spending with the company. Learn more about why and how you can improve your #marketingstrategy: https://t.co/8dpxOF4MvT
“Empathic #AI as the next stage in the customer-facing AI evolution. We identify key 🔑 components of implementing empathy in AI agents, and demonstrating artificial empathy to bridge the human-AI 🤖 customer gap.” writes @LoyaltyScience.
Learn more: https://t.co/Xj9x6ekcQN
A new insightful research publication in @IJRMktg by Professors @NickBombaij, @SarahGelper, and Marnik Dekimpe analyzes 879 short-term loyalty programs to find successful designs. Full paper at https://t.co/Mls26TeDaA. We summarize the key insights at https://t.co/82a9q69uUW.
How are loyalty programs in North America, Europe, and APAC different from each other? The new @antavo loyalty reports offer some insights. See a quick summary at https://t.co/WVe71PRD4L.
What brands have built intimacy? According to the @mblm new 2022 report based on social media analytics, Disney, Tesla, and Apple lead the pack. Entertainment, tech & retail are the top 3 sectors, though only one retailer @TJoesOfficial made it to top 10. https://t.co/LFzWJR9GOA
We are excited to introduce a new "Reenvisioning #Loyalty" series. In this 1st story, our advisory board member @scotthebrave discusses the shift from value extraction to Web3's value sharing among buyers, believers, citizens, & creators. Read for free at https://t.co/h0Xe93Y9gK
As 2021 comes to a close, we’d like to thank our awesome followers, advisory board members, and everyone we've interacted with over this year for supporting loyalty science research. Loyalty is our passion, and we could not have done it without you!
Loyalty Science Lab director @PingTweets will be speaking at the 2021 Loyalty Observatory Conference in Italy, on rebuilding consumer habits post-pandemic. Talk will be in English. More info at https://t.co/bN159kL8LX.