Global consumers have weighed in, revealing their expectations for brands in exchange for their repeat business.
With all that’s happened these past years, customer loyalty and retention have become more important than ever to our industry. We’ve faced supply chain delays, the crumbling cookie, an eCommerce boom, inflation, price hikes, and global cost of living crises — just to name a few things. Where does this leave customers in these tenuous times?
We asked, and global consumers had quite a bit to say. Resoundingly, their answers and opinions let us know that customer loyalty isn’t dead. It’s just changed shape. Today’s customers draw hard lines when their needs aren’t being met, but wow, do they go above and beyond for the brands they love.
In this survey, we discuss what strategies and experiences customers crave in exchange for their repeat business and loyalty. Their answers might surprise you.
Table of Contents
01 Customer retention in the age of unpredictability
02 Shoppers are feeling the effects of inflation & recession woes
03 Loyalty programs have your back
04 Customers expect brands to know them at their core
05 Brands are talking too much and listening too little
06 The stakes of getting the post-purchase experience right (or wrong)
