tedtalk_customerloyalty_tijdens_equinix_innovationhub
TRANSCRIPT
.customer loyaltyin a digital age
bridgeReinventing Loyalty Programs for the Digital Age
building a
ARE TRADITIONAL LOYALTY PROGRAMS BROKEN?Loyalty programs are meant to engage. But the are not. Key reasons for the negative sentiment is the lack of reward and relevance.
H O W T O E N G A G E ?
.engagementIt starts with segmentation
Make it personal
Integrate with
customerexperience
“By integrating mobile loyalty, payment, and in-store digital experiences, we are creating game- changing technologies and experiences for our customers, and the opportunity to introduce new lines of business for our company.”- Starbucks CEO Howard Schultz
loyaltyReinventing
Engage your customer, loyalty will followDesign loyalty programs with the needs
of a digital consumer in mind
programs
DesignObtain a contextual viewof customer needs and behaviors
Implem
entB
uild predictive behavioralm
odels
MeasureEstablish appropriate metrics
to measure success
Iterate
Con
tinua
lly e
volv
e th
e pr
ogra
mba
ses
on c
hang
ing
cust
omer
nee
ds
Developing an engagement-based loyalty program
Need Show me value Recognize me Inspire me
Implication Quality and value Personalized Engagement Inspiration and advocacy
.customer needsand their impact on loyalty program design
privacyat the heart of the program
put data
• Simple Communications
• Value Exchange
• Transparency
• Control and Access
• Ongoing Dialogue
B 2 B M A R K E T I N G I N N O V A T O R S