The Customer Loyalty Solution : What Works (and What Doesnt) in Customer Loyalty Programs
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Using the 80 percent rule to simplify customer management
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Using risk/revenue analysis to concentrate on the key 44 percent of your customers
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Capturing and using email names at every step in your customer communications programs
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Determining the possible improvements in conversion rates before you waste money on any customer management program
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Creating a simple, understandable system for putting customers into segments (such as those used by iMarket, Golden Casket, and Scotiabank) and using these segments to guide your customer management program
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Where possible, using an event-driven approach to customer management such as that used by Union Bank of Norway
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Running your customer management programs based on the segment that customers are in, rather than on some overall marketing plan that does not take customer status into account
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