The concept behind client loyalty programs is simple: Offer customers special benefits, rewards, and discounts for their continued patronage, and customers will reward your business with their loyalty. It is a fact that operating a loyalty program is a good idea for many different kinds of businesses. It is also a fact that many businesses get it wrong. In fact, every business should consider its marketing to attract new customers and its continued marketing after the sale, to be their loyalty program - whether or not a card or membership number is involved. Here we will take a look at ways to improve your customer’s loyalty to your business. Personalize the Presentation The key to winning your customer’s loyalty is personalized interaction between the customer and your business. After all, you are asking for them to choose you over the competition, though you may not have the lowest prices or largest selection of products or services. But your customer will choose you more often if you treat them as an individual. Ask their names, and then call them by their names for the duration of the encounter. Smile. Tell the customer that you appreciate their business. Ask them to come back soon. For sales over the internet, you can use their first name in all email correspondence, and even have a representative call customer who has made large or recurring orders. These seemingly trivial gestures will cause your customers to want to engage more with you and your business. In fact, these are the beginning steps to tuning a business into a brand. Engagement is the Key According to a recent Gallup survey, which gauged people's level of loyalty to various kinds of companies, businesses which more thoroughly engaged their customer base benefited from up to twice the rate of loyalty than less engaging businesses. This engagement covers everything from soliciting customer feedback to actually implementing popular and reasonable suggestions. Not only does customer engagement lead to higher loyalty to a particular business or brand, but it also correlates well with your customer's overall satisfaction your company’s customer service. Engaged customers simply appreciate your product more than un-engaged customers. Respect the Emotional Nature of Making a Purchase One of the reasons the U.S. economy is based 70 percent on consumer spending is because Americans love to shop. Shopping is often an emotional experience. This point really follows the others, and completes the picture: Engage your customers' emotions; help them have the times of their lives when purchasing your product. Many times people will decline to make a purchase because they think they will regret it later, or they don’t trust the company’s presentation. One way to win your customers’ loyalty is to acknowledge these emotions and help your customer through them. Help them see all the benefits of your product or service, but remember that they buy the feeling that having your product will give them. Review your sales process. Is it fun? Is it comforting and reassuring? Is it alluring? If your sales processes and materials do not evoke strong positive emotions it will be very difficult to win your customers’ loyalty. For more information on how to improve your client's loyalty, contact us for an immediate consultation.
"I've been working with Bruce and his team on two projects and they've been great to work with. Bruce has helped us set up a referral/incentive program for us to roll out with our clients and strategic partners. Bruce was great to work with. He's set up a 7 tier program that allows for flexibility and he's also helped us to market the program."
"Beverly arranged and managed the early Envivio Sales incentive trips for us. Each of our events was an outstanding and motivating experience Our Sales team appreciated the attention to detail and to fun. Qualifying for the "trip" was a motivating factor behind many end of year sales pushes. I will use Beverly again in the future."
"Peak Performance’s attention to detail and personal service made me feel like I had a true corporate meeting planning partner that I could rely on throughout the planning process right up until I was on site. I look forward to doing more meetings with them."
"I have used your services two years in a row and you all have made my vacation a great one. You have the most helpful and considerate employees. Always very friendly, respectful and willing to make my travel experience a good one. Thank you and keep up the great job."
