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Strong customer relationships drive long-term loyalty.
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This tactic creates the much sought-after customer loyalty, providing a long-term financial benefit to the business by creating customers who keep coming back.
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In a previous article, I looked at marketing innovators who are creating engaging brand experiences putting into practice the first of four marketing principles that together build the kind of long-term customer loyalty that has become increasingly hard to achieve.
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By creating triggers through both monetary and non-monetary incentives among customers, employees, partners, suppliers and other interested parties, organizations can secure sustainable engagement and drive business outcomes such as improved marketing response from external communities, sustained long-term customer loyalty, increased collaboration among internal teams, or enriched onboarding, delivering success with new hires, partners, and customers.
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As the market shakes out and moves toward local marketing platforms, merchants will have new ways to genuinely build customer loyalty and provide relevant, meaningful offers to build long-term relationships.
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Building consistently strong loyalty requires a long-term commitment to building such customer relationships.
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