The Ladder of Customer Loyalty

' Loyal Customer ' is one of the key pillars for building a " Great Organization ". Here the term 'Great' does not refer to 'financially sound' organization; instead a 'Great' organization delivers the 04 key results - (1) Sustained Superior Performance (2) Loyal Customers (3) Engaged Employees (4) Distinctive Contribution. [Ref: The 8th Habits: From Effectiveness to Greatness, Dr. Stephen R. Covey ] Now when we talk about ' Loyal Customer ' we need to understand its meaning first. On our basic understanding, we call a customer 'Loyal', who buys frequently from us. But the meaning of 'Loyal Customer' has been evolved dramatically. We understand a customer is 'Loyal', when he/she not only buys from us regularly, but also recommends us to others (word-of-mouth); precisely ' the customer who creates customers '. The New York Times Bestselling Author and No#01 Customer Service Guru, Ron Kaufman has illus...