Published: 28 January 2019
Summary
Brand loyalty is poorly understood and measured, leading to actions that harm relationships, reduce margin and fail to staunch customer churn. Customer experience leaders must establish authentic measures and analyze the right loyalty data to encourage more resilient, profitable customer bonds.
Included in Full Research
- Build Real Loyalty — Not Just Transaction Volume — With Your Loyalty Program
- Measure Both Behavioral and Attitudinal Loyalty Metrics
- Develop Strategies to Change Why Customers Are Loyal
- Value Loyalists Suppress Margins by Choosing Price, Discounts and Points
- Product Loyalists Exhibit Narrow Loyalty You Can Broaden
- Brand Loyalists Offer Devotion That Extends Broadly