ABOUT LONG-TERM
CONFESSIONSCONFESSIONS
customer loyalty
customer loyalty
marriage
The changes in consumer behaviour
and social change are intertwined.
We are living in an age
where more and more people
are against long-term commitment.
CONFESSION
Same as
the customers.
MEMBERSHIP
CARD
CONFESSION1
I don’t feel
the need
to stay loyal to you.
“
Today’s customers
are against long-term
commitment and are
less likely to be loyal
to a brand.
Marketers need to adapt
to this change in order to
make them stay.
You should offer me
what I want,
even though
I don’t tell you
what it is.
“
CONFESSION2
Customers have become more demanding
and there are more competitions
to win them over.
In order to keep them, you have to find out
and provide them with what they want.
CONFESSION3
Your point program
doesn’t create
long-term loyalty,
but rather
shackles.
“
Shackles and customer loyalty
are different.
reserved Since
2010
Even though you’ve got them in your program,
it doesn’t mean they will be loyal to you.
reserved Since
2010
“The longer it takes
to get my rewards,
the more I lose interest.
CONFESSION4
Customers are less patient
towards deferred gratification,
as the perceived value of a reward
declines exponentially over time.
The longer it takes to redeem a reward...
The longer it takes to redeem a reward...
the less influential that loyalty program is.
O VER
CONFESSION5
Treat me right every day
and I’ll stay longer.
“
Instant gratification allows customers
to win more frequently,
MON TUE WED THU FRI SAT SUN
MON TUE WED THU FRI SAT SUN
even though
the rewards are smaller…
Instant gratification allows customers
to win more frequently,
“…resulting in customers
becoming more engaged
and more likely to stay
with your brand.
Life is not a destination...
but a series of short-term wins.
?
How do you plan
to make your customers
WIN
today
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FIND OUT
why instant gratification matters
when it comes to long-term loyalty,
watch the full video by Regan Yan here

5 confessions about long-term customer loyalty