The holy grail of customer loyalty programs is to provide value to all parties in the business relationship. One of the primary ways to accomplish this objective in a B2B setting is through the account management process. Leveraging customer feedback within a formal customer-experience process enhances relationships between account managers and customers. When properly executed the process will drive both loyalty and revenue.
How do you get there?
A sales-oriented customer loyalty program should consider the entire feedback loop between customers and account managers. It begins at the data-collection stage and continues through the action stages of dealing with reported customer issues. While this may sound like a simple complaint management system, a well crafted customer loyalty program has much loftier goals. Namely, understanding what motivates customers, and using analytical data to prioritize issues that have a positive impact on customer relationships.
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