Consumers Stay Loyal to Brands

A survey found that customers will remain loyal to brands, even expensive ones, if they perceive that the value is worth the price. In fact, consumer expectations regarding brand value went up 20 percent, according to the 2009 Brand Keys Customer Loyalty Engagement Index. Those brands that aren’t perceived as being worth it will fall [...]

Victoria’s Secret: CRM as the Primary Marketing Tactic in Down Economy

Amy Stevenson, Associate VP, Customer Marketing at Victoria’s Secret, shared with the attendees of RAC 2009 Show in Las Vegas how Victoria’s Secret’s objectives, strategies and metrics have been fine tuned to address new consumer attitudes and behaviors in this economic climate. She discussed how to create the optimal marketing mix to maintain customer spending [...]