
Let's Talk Loyalty
#546: Loyalty TV LIVE with Mastercard - Influencing and Winning Loyalty in an Age of Choice
Jun 6, 2024
The podcast discusses rethinking customer loyalty in 2024, transforming loyalty with emerging technology, and balancing digital innovation with customer trust. It features Mastercard, Jill Moser, Kudu Company, and insights on influencing loyalty in an age of choice.
32:50
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Quick takeaways
- Successful loyalty is achieved through understanding customer needs and creating value exchanges.
- Maintaining simplicity and authenticity in loyalty programs is crucial for effective customer engagement.
Deep dives
Defining Loyalty Marketing
Loyalty marketing goes beyond simple rewards or point systems; it aims to drive profitable behavior change over time by providing value, convenience, and utility to customers. Building loyalty requires a series of transactions and experiences to create stickiness and a sense of value. Successful loyalty is achieved through a long-term strategy focused on understanding customer needs and creating mutually beneficial value exchanges.