The Pathway For Retailers To Attain Better Customer Loyalty

The Pathway for Retailers to Attain Better Customer Loyalty

The Pathway For Retailers To Attain Better Customer Loyalty

Today, loyalty programs have become one of the most powerful arsenals used by global retailers to incentivize consumers, ensure repeat business, and subsequently increase ROI. Recent surveys indicated that over 62 percent of these retailers plan on revamping their loyalty offerings next year, while many others are already battle-ready with offers no shopper can ignore.

However, to have a successful loyalty program in place, it is vital that retailers need to understand customers’ behavior and preferences. A global study across retail and hotels published by Oracle Retail highlighted the fact that many organizations have the wrong idea about the end-users’ likes and dislikes.

For example, 58 percent of the retailers believed that consumers would sign up for every program they offered, but in reality, nearly 70 percent of the end-users limit their participation. This shows that organizations need to first understand the mindset that drives customer loyalty perceptions and then develop engaging programs accordingly.

Better Customer Loyalty for Retailers 

More Posts from Techinfinity and Others

4 years ago
image

Are you aware that you can be rich by merely finding bugs in Facebook applications? Do you know what the actual word google signifies?

Technology is constantly changing and evolving, ever wondered what was the first change that led to extensive changes happen.

Find all the answers to such Little Known technology Facts here!

Without further ado, let's dive into the article to further know about various technology facts that would make your geeky mind more educated.

Interesting Facts About Technology:

• Internet's age can be tracked.

You can easily determine the age of the internet easily. It also helps you to compare ur birth year with that of the internet. So cool Isn't it! https://howoldistheinter.net/

• Printer's ink can be saved by altering fonts

Different fonts are created to depict different situations. Fonts may differ in their size and technique depending upon the message such as educating the consumer, interview, decorations, etc.

The theory is based on the assumption that if you are using inkjet printers with an old cartridge you can actually save up to 15 percent by using a lighter font. This can come in handy if you are mass printing and are low in ink.

• Black Box is orange in color

Flight Data Recorder (Black Box) is not black. It is actually colored Orange. The heat insulator paint used for the black box has orange shade. It is made orange so as to make it easier...

.

.

.

.

Src: Interesting Facts about Technology


Tags
5 years ago
The leaders of the public sector expect from government CIOs to look for ways through which technology can minimize costs, build efficiencies, and enhance...

The top 9 strategic technologies for government CIOs were selected based on the public policy needs and business requirements of government enterprises in jurisdictions across the globe.


Tags
6 years ago

A new lego compatible prosthetic arm allows for kids to build their own attachments

5 years ago
Enterprises leverage cloud and multicloud to create hybrid solutions to control and monitor data.

Tags
6 years ago
Three Simple Digital Marketing Tricks To Increase Your Profits

Three Simple Digital Marketing Tricks To Increase Your Profits

Don’t underestimate the power of building relationships with customers through social media.

https://www.forbes.com/sites/forbesagencycouncil/2017/07/03/three-simple-digital-marketing-tricks-to-increase-your-profits/#5e4b37803585

6 years ago

How the Importance of DevOps for Data Science is Growing

DevOps consists of infrastructure provisioning, continuous integration, and deployment, configuration management, monitoring, and testing.  DevOps teams and development teams have been working closely to manage the lifecycle of applications effectively.

How The Importance Of DevOps For Data Science Is Growing

More on this here: https://goo.gl/vy5E81


Tags
5 years ago
By leveraging technologies to serve the citizens and enhance many areas of public life, smart cities have started to expand their influence.

Smart cities are considered as the future of urban living, using digital technologies, data, and design thinking. As the urban population grows in diverse conditions, many cities turn to technology and smart city solutions to build a more livable environment and thereby improving the delivery of public services. 

Smart cities create a new model by improving existing transportation systems, that use the data applications and technology to improve the quality of life for citizens and visitors. Technology serves citizens and can enhance many aspects of public life, including quality of life, mobility, security, education, economy, and the environment. Here are some key points that enable the smart government of smart enterprises movement globally.


Tags
5 years ago
The trends which unraveled a realm of possibilities in the pharma, life sciences, and BioTech industry in 2019 are discussed in detail.

Tags
6 years ago

Evolution of API Economy

API (Application Programming Interface) economy is impelling companies to secure the digital services and assets. Having API that is useful in providing solutions to the consumers is DevOps core goal. API economy is growing for its management platforms acting as an API request and protects the back ends of services from being brought down from too many breaches or queries. API platforms have a wide range available for many tailored solutions that cater to the specific needs.

Read More: 

https://www.apacciooutlook.com/news/evolution-of-api-economy-nwid-6087.html 


Tags
Loading...
End of content
No more pages to load
techinfinity - Infinite Technology
Infinite Technology

Your Daily dose of Latest Technology Updates, news, articles across various Industry Sectors

267 posts

Explore Tumblr Blog
Search Through Tumblr Tags