Remove Commitment Remove Customer Loyalty Remove Innovation Remove Technology
article thumbnail

Reduce the Grind, Boost Loyalty: How Customer Effort Score Drives Business Growth

Strategy Driven

Enhancing the customer experience is becoming increasingly vital for businesses to pursue sustained growth and customer loyalty. A critical metric, the Customer Effort Score (CES), is at the heart of this optimization. The principle is simple: make it easy, and they will return.

Loyalty 123
article thumbnail

Why Your Customer Loyalty Program Isn’t Working

Harvard Business Review

This latest frequent flyer reboot is an example of how the meaning, measure, and management of “customer loyalty” are changing. So serious customer-centric organizations and innovative marketers are decreasingly asking, “How do we make our customers more loyal?”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Become Truly Social

Coaching Tip

Winning in this environment requires more than new technology ; here are ten ways to become truly social in a world that is not just connected, but interconnected and interdependent: 1) Do away with one-way conversations. Because the company trusts them to devise their own ways to connect with customers in meaningful and innovative ways.

How To 110
article thumbnail

What Great Companies Know About Culture

Harvard Business Review

Those companies who are committed to a strong workplace culture tend to perform well, and now they are featured prominently in a new ranking recently released by Great Place to Work Institute. For this audience, it's imperative to communicate the company's commitment to being a great workplace. They know their audience.

Company 16
article thumbnail

Online Marketplace: New challenges to overcome

Strategy Driven

The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. Instead, marketplaces are creating ecosystems for their customers. Do some research and select the most suitable option, as it would be a long-term commitment.

Retail 132
article thumbnail

What Shake Shack Knows About Growth that McDonald’s Has Forgotten

Harvard Business Review

With a technology focus, you might manage to launch a successful breakthrough, but your success will be short-lived because sustaining a technological advantage today is so difficult. Leading the list of reasons for the golden arches’ recent poor performance is the company’s seemingly scattershot approach to innovation.

Brand 8
article thumbnail

Online Marketplace: New challenges to overcome

Strategy Driven

The time changed, markets evolved, competition became even harsh, and marketplaces required more innovative ways to make money than the mere commissions. Instead, marketplaces are creating ecosystems for their customers. Do some research and select the most suitable option, as it would be a long-term commitment.