Question: Q1(a) Identify five factors that help Singtel Red loyalty programme to stand out among its competitors. You must address how the loyalty programme responds to
Q1(a) Identify five factors that help Singtel Red loyalty programme to stand out among its competitors. You must address how the loyalty programme responds to customer concern for environmental and social responsibility (ESR). Factors to consider may include:
1. Background (year of inception industry - company headquarters industry primary products and services)
2. Customer reach within Singapore and beyond if applicable.
3. Features of the programme.
4. Strategic alliances formed.
5. Online platforms used.
6. Corporate social responsibility initiatives.
7. Other essential points of consideration specific to the loyalty programme.
For the second part, analyse the three (3) conditions in the competitive landscape that makes a trusted agent necessary. Explain how your chosen loyalty programme tries to increase the value of its customer base in the face of these prevailing new conditions. Q1(b) Briefly describe a possible member profile of your selected loyalty programme. Determine how this member displays attitudinal and behavioural loyalty. Examine one (1) example of each type of loyalty as exhibited by this member. Discuss the five (5) characteristics of the loyalty programme that makes it an effective programme. Propose two (2) improvements that would make the loyalty programme more effective. Justify your recommendations. Q1(c) Building Learning Relationships with customers is a sustainable approach to growing a profitable customer base. A Learning Relationship aims to remember prior interactions with a customer in order to provide increasingly relevant value to that customer. Appraise the three (3) benefits of a Learning Relationship with supporting evidence from the loyalty programme. Evaluate how well the loyalty programme achieves the three (3) benefits of Learning Relationship.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
