
What’s it All About?
Let’s take a look at the real value of a building a customer for life, rather than just for a moment.
What does it take to design a customer loyalty program and how do you make sure it pays off? Let’s take a look in here and find out.
If you’re looking to build and retain more customers through a loyalty program, here’s some great examples of how they can be done well.
Checkout this article on more loyalty programs that work. Then checkout the links under external resources to explore more or to read the full article.
Let’s take a look at a top ten on how loyalty is achieved.
In here we’ll explore some key strategies to retaining your customers.
Let’s look at Ross Beard’s 5 ways to retain a customer.
If you like, you can read Ross Beard’s full article via the link under external resources.
References and Further Reading - Beard, R 2014, ‘9 Customer Retention Strategies For Companies’ 5 May 2014, blog.clientheartbeat.com, viewed 25 May 2015 (see external resources)
After providing outstanding customer experiences, what else can we do to ensure that our customers keep supporting us? Consider Bill Lee’s points on how to create true customer advocates.
References and Further Reading - Lee, B 2013, ‘How to Create True Customer Advocates’, 22 May 2013, hbr.org, viewed 25 May 2015 (see external resources)
Check out this quote from Simon Mainwaring, download and takeaway for future inspiration.
Let’s take a look at how easy it is to create customer opponents rather than advocates, by considering Abercrombie & Fitch and Lululemon. Then test your knowledge with the Q&A under downloadable resources.
To explore more. take a look at Chip Wilson’s apology via the YouTube clip link under external reasources.
References and Further Reading - Moore, H, 2014, ‘Controversial Abercrombie & Fitch CEO Michael Jeffries to retire’, 10 December 2014, theguardian.com, viewed 23 March 2015 (see external resources)
Dockterman, E, 2013, ‘What Lululemon Could Learn From Abercrombie About Fat Shaming’, November 13 2013, ideas.time.com, viewed 23 March 2015 (see external resources)
Where to from here?
Winning a new customer is hard work. Keeping them is where the real value lies.
This bite-size course shows you how to build customer loyalty that lasts. You'll explore customer lifetime value and why retention pays, how to design a loyalty program people genuinely care about, and what you can learn from businesses that got it right.
We look at practical strategies to keep customers coming back, from small moments of recognition to well-designed rewards, and at how to turn satisfied customers into advocates who recommend you to others. You'll also see how easily the opposite can happen, and how to avoid creating customer opponents.
Today almost every business has a loyalty program, and customers switch faster than ever. That makes the basics in this course more important, not less: consistent experiences, genuine relationships and rewards that matter.
Each lecture is short and focused, so you can learn one idea tonight and use it at work tomorrow. You'll finish with a simple action plan to start building loyalty straight away. No big budget is needed: the ideas work for small businesses and large teams alike.
Who this course is for: