This document discusses how loyalty has been disrupted in today's changing landscape. It notes that technology-led disruption, changes in legislation/regulation, and shifting customer expectations and preferences have caused absolute loyalty to decline. Customers now want convenience and personalization over product loyalty and are influenced by recommendations. They are also changing how they communicate and increasingly use messaging over other channels. This has changed expectations for businesses, who must adapt to this new environment to build loyalty through convenient and personalized messaging interactions.