article thumbnail

5 Ways Paid Loyalty Programs Can Bring Customers Back

Strategy Driven

One way of ensuring you bring them back is to offer a loyalty program. Here are five ways paid loyalty programs can bring customers back. Why Are Loyalty Programs so Important? There are many surveys out there that show having a returning customer is better than bringing in a new customer. Customer Have an Investment.

Loyalty 126
article thumbnail

Why Managers Should Care about Employee Loyalty

Brigette Hyacinth

The truth is loyalty isn’t for sale. Loyalty has to be earned by the way you treat your employees. Beyond the more tangible losses, it affects the teams stability and causes other employees to reconsider their loyalty towards the organization. Additionally, poor employee loyalty can also damage a company’s image.

Loyalty 114
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 Improve Customer Loyalty in eCommerce Businesses

Strategy Driven

Today’s eCommerce market is very competitive, making brand loyalty an elusive concept for many. However, it’s never enough to sustain customer loyalty; you have to keep inspiring them with new tactics and products. A friendly relationship with customers ensures improved loyalty while keeping the revenue flowing.

article thumbnail

Is Party Loyalty More Important Than Democracy?

The Horizons Tracker

” The post Is Party Loyalty More Important Than Democracy? Voters’ willingness to sacrifice democratic principles may not be desirable in terms of protecting democracy, but it has an intuitive political logic: They are trading off one political interest against another.” ” What price democracy?

Loyalty 96
article thumbnail

How Operational Excellence Attracts and Retains Talents

Strategy Driven

A McKinsey survey found that 82% of companies don’t believe they recruit highly talented people, and only 7% think they can retain top talent once hired. Gallup reported that over 50% of employees surveyed in 2015 were not engaged, and 17.2% This empowerment can lead to a greater sense of ownership and loyalty among employees.

article thumbnail

Internal Crowdfunding Can Foster Innovation

The Horizons Tracker

They tap into the knowledge scattered throughout the company, encourage collaboration across different parts of the organization, and boost employee loyalty and motivation. The researchers analyzed data from the platform and conducted interviews and surveys to gain insights into this internal crowdfunding approach at Siemens.

article thumbnail

How to Use the Latest Methods to Benefit All Stakeholders of The Company

Joseph Lalonde

Investing in employees can help build trust and loyalty when it comes to customer satisfaction. Transparency helps create trust between customers and businesses, which in turn supports loyalty as customers feel more confident that they are dealing with an honest and reliable organization.