When you hear “customer loyalty,” what do you imagine?
The Happy Couple
The customer gleefully spending all their money with you out of some sense of belonging.
The Ol’ Ball & Chain
The customer is locked into a relationship with you because of terms and conditions or simply a lack of better choices.
The Gold Digger
The customer only stays with you because of the ‘gifts’ you give them. Once the flow of giving stops, so does the love.
I saw a billboard for U.S. Cellular the other day. It read, “We Believe Loyalty Matters.”
It was unclear what they meant by that and it made me think. I wondered, “Whose loyalty matters?”
Businesses today are so focused on creating customer loyalty. It is a lofty goal to aspire to be such a great company that people will not leave you for a lower price or better rewards program. How do you do that? Which above version of customer loyalty do you pursue?
What if we completely changed our vision of customer loyalty to something like this:
Be loyal to our customers.
Now, what does that change?