The Real Magic of Loyalty

The Real Magic of Loyalty

Assessment

Interactive Video

Business

Professional Development

Hard

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Bill Carmody discusses the essence of loyalty programs, emphasizing that true loyalty is not about accumulating points or cash rewards but about providing unique experiences and access that customers value. He shares personal experiences with United Airlines and Coca-Cola, highlighting how these companies focus on customer experiences and status to foster loyalty. The key takeaway is that loyalty equates to advocacy, and successful programs track this advocacy effectively.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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