How Has Mobile Tech Changed Customer Retention Strategies in the Last 5 Years?
Customer
service is essential for a business to thrive. Mobile technologies have ensured
the quality of service remains exceptional. This is important because customers
have more alternatives than ever. Businesses that prove to be responsive to
customer complaints, questions or other needs can gain a competitive advantage.
That
is why it is so essential to understand how new mobile technologies can help in
anticipating customer requirements, tailoring business processes to serve
clients better and enhance the efficiency of the business. Here’s how mobile
technologies have impacted customer retention strategies and changed loyalty
marketing for the better.
Generating Loyalty
The
goal of any business in terms of customer interactions is the generation of
loyalty. There is no better way to accomplish this than being responsive to
customer needs. As new technologies have come into the market, making it easier
for for businesses to offer customer service, an increasing number of channels
may be used via which one interacts with customers. This includes mobile
channels.
According
to Accenture, mobile technologies have shaped data management and analytics, as
companies use data collected from customers for analysing preferences. Gaining
insights into the business from customer data helps to effectively target insight-driven marketing.
Further, streamlining and automating business processes improves efficiency and
keeps costs low. Finding ways for customers to interact with your business when
they need to is important, and smartphones can help in multiple ways with
respect to this.
Adopting Mobile Marketing Strategies
For
businesses that want to improve retention rates, it is important to consider
customer trends and behaviours. Customers need to feel valued and businesses
can easily work on this. In modern times, customers are browsing, shopping and
communicating incessantly on their smartphones. Therefore adopting mobile
marketing technologies has changed the face of customer retention in the past 5
years.
#1 Websites Optimised for Mobile
With
more businesses being conducted on mobile sites, businesses are optimising
their websites for mobile usage. One is, therefore, likely to see users
abandoning a page that is not mobile friendly. Research also shows customers
are more likely to purchase products and services on sites that are mobile
optimised. Customers can perform a variety of tasks on mobile sites, from
looking up addresses to booking reservations, making purchases and browsing
merchandise. So, if sites are not ready to receive business on mobile,
customers can be lost. That is why running tests to check the mobile
friendliness of sites is important.
#2 Seal the Deal with Mobiles
Customers
will also benefit when brands deliver deals and coupons to their mobile
devices. This practice is gaining in targeting and sophistication. Purchase
histories permit sending promotions on services and products liked by
customers. Additionally, geotargeting permits brands to send notifications to
customers in the vicinity of their stores.
#3 Moving Past Call Centres
With
mobile technologies, customer retention strategies are undergoing a massive
change. Social media and texting remain popular alternatives. Customer service
through mobile and digital channels can beat even call centres. For example,
Xbox has an Elite Tweet Fleet that posted over 2 million tweets in support of
the product since it launched in 2010. Customer problems were also easily
solved. SMS messaging also allows customers to read and respond to messages
without being connected to the internet. SMS functionality is a critical
feature of mobile technologies, as retention texting is catching on.
#4 Emergence of Mobile Video
Mobile
videos are also becoming an integral part of how enterprises engage with their
customers. Powerful methods are in place for delivering mobile videos with a
massive impact. As with other forms of technologies, it is new innovators and
early adopters who can tap the true potential of smartphone videos to create
strong and lasting relationships with their customers.