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The Loyalty Divide: Brands Don't Offer Loyalty. Consumers Grant It; An Acxiom POV
- 1. © 2013 Acxiom Corporation. All Rights Reserved. © 2013 Acxiom Corporation. All Rights Reserved.
Brands Donât Offer Loyalty.
Consumers Grant It.
THE LOYALTY DIVIDE
- 2. © 2013 Acxiom Corporation. All Rights Reserved.
WHAT IS A MARKETER TO DO??
2
- 3. © 2013 Acxiom Corporation. All Rights Reserved.
THE LOYALTY DIVIDE
3
Most marketers know what
they need to do!
But, they struggle to do it
- 4. © 2013 Acxiom Corporation. All Rights Reserved.
CRM AND SOCIAL DATA
DISCONNECT
4
- 5. © 2013 Acxiom Corporation. All Rights Reserved.
INFLUENCERS ARE BEING
IGNORED
5
94%
of marketers
donât use Influencer
Scores as part of
segmentation and
measurementâŠ
- 6. © 2013 Acxiom Corporation. All Rights Reserved.
NPS IS BEING UNDERUSED
6
89%
of marketers
donât use
Net Promoter
Scores
as part of segmentation
and measurementâŠ
- 7. © 2013 Acxiom Corporation. All Rights Reserved.
HOLISTIC âCUSTOMER LTVâ LAGS
AS MEASURE
7
Nearly half of marketers use
Customer LTV when segmenting
marketing offersâŠ.
But still, many marketers use
purchase history as the primary
customer measurement for
messaging mixâŠ
- 8. © 2013 Acxiom Corporation. All Rights Reserved.
AND, NEW CUSTOMERS DONâT
GET TREATED DIFFERENTLY
8
63% of marketers always or frequently treat new
customers the same when choosing advertising
media
- 9. © 2013 Acxiom Corporation. All Rights Reserved.
SMALL NUMBER OF BRANDS
HAVE DISCOUNT PRICING AT
CORE
9
7%
of marketers
have âeveryday low
pricesâ as part of
their core brand
messageâŠ
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YET, INDISCRIMINATE USE OF
PRICING FOR MANY BRANDS
10
But, 40%
of marketers
always/frequently
use pricing
discounts for
promotionsâŠ
- 11. © 2013 Acxiom Corporation. All Rights Reserved.
HOW TO CLOSE THE LOYALTY
DIVIDE
âą MULTIDIMENSIONAL INSIGHT
âą No one signal consistently describes or predicts
consumer behavior
âą Refine across all relevant signals
âą INSIDE OUT
ÂActivate and refine insights to know your best
customers.
ÂSpend more on cultivating relationships with them.
ÂUse what you have learned to identify prospects who
think, look, and act like your best customers.
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HOW TO CLOSE THE LOYALTY
DIVIDE
âą OUTSIDE IN
ÂCollect online data about customers â touches from
outside the brand.
ÂUse it to optimize all media
âą TRUST & TRANSPARENCY
ÂJust because you can, doesnât mean you should.
ÂMarketing should be for the customer not to the
customers.
ÂLong-term trust rather than short-term reward.
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- 13. © 2013 Acxiom Corporation. All Rights Reserved.
DELIGHTING CUSTOMERS
PROMISES HIGH RETURNS
13
Acxiom client experience
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âTHE LOYALTY DIVIDEâ
14
Read the full report to
understand how
brands can utilize all
customer touch-points
across the enterprise
to build trust.
Download it here.
- 15. © 2013 Acxiom Corporation. All Rights Reserved. © 2013 Acxiom Corporation. All Rights Reserved.
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