Customer loyalty. Real impact on the business results. UKRAINIAN ACADEMY OF BANKING Savchenko Maria What means loyalty? Customer loyalty is a way to increase bank’s profit by creating close relations with customers The base of any loyalty program is an emotional contact Today we should gain a client as a desired women – every day Customer loyalty Transferring to competitor Recommendations -41% 65% 71% The number of services per client Profitability of services used (index) 2.17 2.2 2.1 2 1.9 1.8 1.7 100 88.3 73.1 1.9 50 0 Loyal Positive response to the proposals 100% Loyal Unloyal 83% Unloyal Impact on the business results Confidence in their bank 60% 52% 40% 50% 17% 0% 20% 3% 0% Loyal Unloyal Loyal Unloyal Image (brand) Market share Decrease costs Relations between American Customer Satisfaction Index (ACSI) and Dow Jones Index. 2.00% 1.00% 0.00% -1.00% -2.00% -3.00% -4.00% -5.00% -6.00% -7.00% -8.00% Dow Jones index ACSI Comparison of customer loyalty and market share of the company If people don’t keep loyalty in marriage, can we rely on their loyalty to a single brand or company? Yonas Ridderstrale YES!