This is one of MANY areas of loyalty we look at. We look at customers likelihood to
Try something
Plans to repurchase
Their trust
Their forgiveness
Their overall net promoter score
Across the board we find that connection between emotion and every loyalty area we look at is higher than the connection between success and effort and those same loyalty areas
We picked one area of loyalty the promotion – the “9” or “10” on the 0-10 Net Promoter (likely to recommend) scale. Percentage of customers who are likely to recommend the company
What we’re showing here is that,
the red bar, the bar on the left shows consumers who gave low marks for that area
The bar on the right, the green bar, those are the consumers that gave a high mark in that area
The way to read it, is to look under success –
8% of consumer who gave a low score for success are promoters, whereas 66% of those consumers who gave a high success rating to a company are promoters of those companies
Thus if gave low score on success rating, 8% likely to be a promoter, if they gave a high success rating 66% are likely to be a promoter
Now if you go all the way to the right, to emotion:
6% of those who rate low on emotion will be promoters, while
76% who rate high on emotion will be promoters (strong positive emotional interaction – ¾ of them are promoters)
S/E/E all three have an impact on loyalty – when put together into TXR – they have strong correlation to loyalty. Yet, when we pull it apart – you can see gap between the loyalty of those with a poor emotional experience vs those who have great, high emotional experience, is much wider than it is for effort and success.
While all elements have an impact on loyalty – EMOTION drives loyalty more than the other areas.