Value Acceleration

Posts Tagged ‘customer loyalty

Starbucks and customer service ratings

Posted by: Mitch/Ralph on: July 22, 2009

My local Starbucks posted their customer service ratings. The scores indicate that they need to process people a bit quicker and clean the store up a bit. I agree. Overall their scores were in the 50s-80s. I notice similar scores in other Starbucks. Good thing they are not a car dealership or similar location where [...]

And the purpose of your advertising is…?

Posted by: Mitch/Ralph on: February 4, 2009

We assume companies that advertise to create new customers want to make sure those new customers experience a product or service that is in keeping with the advertising so they become repeat and perhaps insistent (loyal) customers. Apparently Emirates Air thinks differently.
They have been running a deluge of ads in the San Francisco Bay Area over [...]

Retailers biting the dust

Posted by: Mitch/Ralph on: October 22, 2008

Mervyns, a California based retailer declared bankruptcy earlier this year and just announced that they were going to liquidate as they could not find a buyer or appropriate financing to continue. No doubt many will ascribe their demise to the credit crunch and recession. While the credit crunch may have been the final nail in [...]

Should you bother with customer retention?

Posted by: Mitch/Ralph on: August 17, 2007

For years experts (us included) have written about the value of customer retention. The idea is that retaining customers is more profitable than creating new ones and that profitable growth comes from keeping your existing customers while working to add new ones as well. Seems logical and reasonable … but maybe not. 

We have noticed a [...]