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Customer Loyalty Resources
Maintaining customer loyalty can be complex and involve major investments in training, technology and marketing, or it can come down to a few simple questions and obsessively practiced steps. Whether it is creating a corporate culture around customers, developing new tools to measure repeat business, or simply finding a better way to handle client complaints, these resources can help you learn more about some of the industry's latest research and innovations.
Sales & Marketing Management
www.salesandmarketing.com
The magazine's website publishes articles on all aspects of customer retention including CRM, building loyalty programs, creating a customer driven culture as well as training and incentives tied to retention.
Selling Power
www.sellingpower.com
This site, a companion to Selling Power magazine, offers information
on CRM tools and approaches. It publishes tips on training a salesforce to concentrate
on customer loyalty and how to use incentives to support goals.
The Griffin Group
www.loyaltysolutions.com
Jill Griffin, a former marketer for RJR/Nabisco and AmeriSuites Hotels, runs her own consultancy focusing on customer loyalty. Her site includes details on two books she's authored including Customer
Loyalty: How to Earn it, How to Keep it. The site also has links to articles.
Fred Reichheld
www.theultimatequestion.com
Fred Reichheld is a Bain & Company Fellow and founder of the consulting firm's
loyalty practice. Reichheld's latest book about customer retention is The
Ultimate Question. It suggests that a company's performance can be improved
by asking customers one simple question: "Would you recommend us to a friend?" The
book's website has links to detailed articles and case studies looking at what
companies did after hearing responses to that question.
The Long Tail
www.thelongtail.com
Wired magazine Editor-in-Chief Chris Anderson maintains this site in
support of his book The
Long Tail, and regularly updates it with additional examples that support
his contention that, as he puts it, "our culture and economy is increasingly
shifting away from a focus on a relatively small number of "hits" (mainstream
products and markets) at the head of the demand curve and toward a huge number
of niches in the tail."
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