Devon Roscoe’s Post

View profile for Devon Roscoe

Digital Marketing | Customer-First | MarTech Leader

One of the things I frequently hear in my role is, ‘I wish I could develop a loyalty program like Starbucks.'⭐️ I have a love/hate relationship with this statement. I ❤️ it because it opens up the chance to dive into the WHY. I 👎🏼 it because the answer is often just, 'because I want my customers to come back more often.' Sure, who doesn’t? But that’s just scratching the surface. Imagine if the response was more like: ‘My data shows my customers love exploring our menu, and they're more likely to return when they've tried 3+ items.' That’s insight to build off of! This isn’t about trashing Starbucks' loyalty program. It’s about understanding a few key things: - Loyalty programs can’t fix a poor guest experience. 🩹 - Build programs that truly reflect YOUR brand and meet YOUR customers' needs. - Understand your customers' behavior and use it as the WHY when you create programs, features, and incentives. Read more on this post 👇🏼 #customerdata #loyalty #oloengage #CDP

View profile for Neil Saunders
Neil Saunders Neil Saunders is an Influencer

Managing Director and Retail Analyst at GlobalData Retail

It’s no secret that Starbucks has been struggling. In the latest quarter, same-store transactions were down by 7% across North America. This is a pretty serious drop that encompasses both existing customers visiting less frequently and some stopping visits altogether. Starbucks initial response to the problem has been to focus on price – offering deals to try and entice consumers. This is fine, as it goes. But it does not address the elephant in the room: the quality of the experience. Partly because of staff workload, partly because of deliberate changes to stop people lingering for too long, partly because of a lack of investment, Starbucks has become a far less attractive place to visit. That has driven some patrons to other outlets, including independent coffee shops – many of which pay close attention to the vibe of their stores. Starbucks has a difficult balancing act. It is a volume business, but it is also a brand. And that brand and the experience it offers matters. An interesting article by CNN (link in comments) looks at Starbucks’ evolution from trying to be a third place to a coffee production line. #retail #retailnews #foodservice #coffee #restaurants

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Caitlin Nelson

Strategic Sales Leader | SaaS Growth & GTM Expert | Building High-Performing Teams

8mo

Well said!

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Sonya Baldwin

Purveyor of Purposeful Brands : Food + Restaurant . Hospitality . Lifestyle

8mo

Yes! Those three points are so good.

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