and profitability. One way of achieving this is creating a customer loyalty programme which is an effective marketing tool. This is attributed to the win-win situation whereby the customers are rewarded for their loyalty as well as the business acquiring and maintaining their market share through repetitive buying hence boosting sales. This paper looks into the considerations that should be put in place when developing a loyalty program for an online grocery store. It expounds further on the benefits
Premium Marketing Loyalty program Customer relationship management
MKT 2500 sec. 8 12-5-12 P. 404 The three stages marketers use to measure brand loyalty is through brand recognition‚ brand preference‚ and brand insistence. Identify and briefly describe the different types of brands. Different types of brands vary and include classifications such as private‚ manufacturer’s or national‚ family‚ and individual brands. Private brands are offered by wholesalers and retailers. Captive brands are are national brands sold exclusively by a retail chain. Family brands
Premium Brand Brand management Branding
Today I would like to tell you about the brand loyalty and answer the question “How can companies create brand loyalty?” I would be glad to answer any questions at the end of my talk. Let me start with the definition of this term. As I understand brand loyalty is when consumers become committed to your brand and make repeat purchases over time. We can say that brand loyalty is a result of consumer behavior and is affected by a person’s preferences. Loyal customers will consistently purchase products
Premium Customer Customer service Marketing
Abbott ENG1102-06 March 20‚ 2014 Loyalty Loyalty is having trust with yourself and the people around you. It is not given it is earned. It is a word that is often misuse by people who don’t live by its meaning. You have to be loyal in order to receive loyalty. You can’t expect loyalty from others if you are not loyal yourself. Loyalty comes within time not overnight. Faithfulness‚ commitment‚ obligation‚ devotion and allegiance are exemplas of loyalty. Loyalty can be shown to family‚ friends and
Premium Friendship Interpersonal relationship Significant Other
ACKNOWLEDGEMENT Through this acknowledgment‚ we would like to express our sincere gratitude to all those people who have been associated with this research assignment and have helped us with it and made it a worthwhile experience. Firstly‚ we express our heartily thanks to Prof.KingshukBhadury who gave us this opportunity to learn the different aspects of Services Marketing in a practical approach and guided us and gave us valuable suggestions regarding the project. We would also like to extend
Premium Loyalty program
Maintaining customer loyalty has also been a cornerstone in Apple’s success. Strong customer loyalty drives sales‚ sustainability‚ and growth especially in today’s economy. Apple must continue to build and maintain excellent customer relationships to stay competitive. Customers are Apple’s greatest asset and it costs much less to retain a current customer than it does to acquire a new one. Therefore‚ Apple must achieve long-term loyalty to strengthen their market share. I would recommend the
Premium Customer service Customer Marketing
EMPLOYEE LOYALTY Methlife’s 10th annual survey of employee benefits‚ trends and attitudes‚ released in March‚ puts employee loyatlty at a 7-year low. The survey shows one in three employees plan to leave their job by the end of the year. According to a report conducted in 2011 by Careerbıilder.com‚ 76% of fulltime worker would leave their job if the right opportunity comes along‚ even tough they havent been actively seeking for a job. Other studies Show that each year the average company lose
Premium Facebook Gerontology Old age
all have problems at some point. Betrayal plays a huge part in both Macbeth by William Shakespeare and The Kite runner by Khaled Hosseini because it is what changes the characters lives and how power shifts through people throughout the stories. Betrayal changes their lives in multiple ways. If Amir had not betrayed Hassan in the alley they’d still be good friends‚ and if macbeth wasn’t betrayed the king he wouldn’t be dead. and When Macbeth kills his first victim‚ the king he betrays him because
Premium Khaled Hosseini Macbeth The Kite Runner
In The Odyssey loyalty is an important theme that has an effect on the entire epic novel. By its definition loyalty means a feeling of support or allegiance to someone or something. In this epic is four major examples that convey loyalty‚ which is shown by Penelope‚ Telemachus‚ the servants‚ and Odysseus. Penelope is the wife of Odysseus; she does not remarry while he is away. Telemachus‚ his son‚ goes on a journey to find his father. Eumaeus and Philoetius‚ the servants‚ remained faithful servants
Premium Odyssey Marriage Odysseus
Wuthering Heights: Betrayal Betrayal is a violation of trust or commitment that creates conflict within a relationship between individuals. Wuthering Heights‚ a realistic fiction novel written by Emily Bronte‚ displays many occurrences of betrayal between the characters. The plot in the novel is based off of a love relationship between an orphan‚ Heathcliff‚ and Mr. Earnshaw’s daughter‚ Catherine. Mr. Earnshaw brought Heathcliff to live at Wuthering Heights and he fell in love with his daughter
Free Wuthering Heights Catherine Earnshaw Isabella Linton