Thursday 7 November 2019

implementing customer loyalty programs

When it comes to making the success out of any business, it means gaining a competitive advantage within the marketplace and to offer real value to target market customers and clients that the business hopes will come back into the business time and time again in order to continue to purchase products and services. In terms of gaining and maintaining a competitive advantage there are many tools and techniques within the digital marketing, social media and search engine tool kit that can be used to achieve the desired objective of the business.


If we are to find ways to make a success then it makes sense to take a look at that which the most admired companies are doing and when it comes to growing revenues; we see that implementing customer rewards and loyalty programs have been seen to cause customers to come back into the business time and time again, in addition to this we see that such programs cause customers to inform friends, colleagues and family about their positive experiences and therefore these people also give their purchase decisions to the company.


So with that said, we know that large corporates have large revenues and resource to invest in loyalty rewards programs but the question is often asked as to how to implement small business customer loyalty programs in order to be able to compete on some level in terms of retaining customers and rewarding them for their business.

Thankfully as digital marketing technology continues to progress - the smaller business owners are now able to gain some traction within the market place by using digital based customer retention strategies, this means that they do not have to take on all of the expense of printing cards and coupons but these can be implemented within the cloud and often executed using the customer's mobile phone.


Whatever the business, we are seeing as a trend those that operate in different market some of which we will reflect upon later on within this article - we see many of these companies choosing to work with a full service digital marketing agency to assist with any movement or direction in terms of implement digital customer retention strategies which may include a component of social media and search engine marketing.

Now, it is with that in mind we do know that being able to bring customers back into the organisation on a regular basis is something that will benefit certain types of businesses such as coffee shops, beauty salons, car repair and other retail operations will benefit from by rewarding customers with further discounts and free products for certain purchase amounts - think buy three coffees and get one free ! The question is, what directions will you be able to take your business in with the strategic implementation of a structured customers loyalty and rewards programme ?

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