In the mobileYouth Economy, Loyalty is measured in terms of Churn. Loyalty is a process not an event. Youth aren’t loyal to any brand, they are loyal to what that brand does for them. What the brand “does for them” is the Social Currency created by using the product within peer interactions. In the Age of Differentiation, Loyalty was a programme. Brands would buy youth with discounts, offers and loyalty schemes. In the Age of Discovery, Loyalty is a mindset that touches all aspects of Customer Experience.
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