Loyalty trends for the twenty‐first century
Abstract
Purpose
As loyalty marketing programs have reached a state of maturity, the aim of this paper is to outline the key loyalty‐marketing trends for the twenty‐first century that can serve as guideposts as marketers create, expand and revamp their loyalty and customer relationship management (CRM) strategies.
Design/methodology/approach
The paper uses data and statistics from numerous loyalty‐marketing programs to support its conclusions.
Findings
Five key loyalty‐marketing trends are identified and explored in detail: ubiquity; technology enables but imagination wins; coalition lite; customer analytics; and the Wow! factor
Practical implications
The challenge for marketers is to reinvigorate the market with new strategies, tactics, and technologies backed by imagination, innovation and sound program design. The five key loyalty‐marketing trends for the twenty‐first century identified in this paper can serve as guideposts as marketers create, expand and revamp their loyalty and CRM strategies in the new century.
Originality/value
Provides a view point based on the authors' opinion or interpretation of the key loyalty‐marketing trends for the twenty‐first century.
Keywords
Citation
Capizzi, M.T. and Ferguson, R. (2005), "Loyalty trends for the twenty‐first century", Journal of Consumer Marketing, Vol. 22 No. 2, pp. 72-80. https://doi.org/10.1108/07363760510589235
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited