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- Shot #19: Customer Loyalty Ladder
Shot #19: Customer Loyalty Ladder
The framework
Hi there,
You must have heard of customer loyalty being talked about by every company. It has become even more important in the online world.
Earlier, the customer journey looked something like this
Awareness > Discovery > Evaluation > Intent > Purchase > Loyalty
But now, the loyalty stage can be further segmented to identify the best of your best customers.
Customer Loyalty Ladder (ascending order)
Stage 1: Satisfaction- Sticks to your co. as long the expectations are met
Stage 2: Repeat Purchase- Returns to your co. for repeat purchase
Stage 3: Word of Mouth- Puts his reputation on the line to tell others about you
Stage 4: Evangelism- Persuades others to buy from you
Stage 5: Ownership- Feels responsible for the success of your co. (The FAN ARMY)
You should categorise your loyal customers into aforementioned stages. Your key focus should be to move more and more people to stage 5.
That is where the magic of becoming a brand happens.
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Thanks,
LuvCo-founder ExperienceSaga.com(About Me)
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