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Renascence Team's Visit to Doha: Crafting a Customer Loyalty Strategy for a Leading Real Estate Group

Written by
Aslan Patov
Published on
July 1, 2024
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The Renascence team recently embarked on a crucial visit to Doha, Qatar, to collaborate with one of the most prominent real estate development and asset management groups under Qatar Foundation. The objective was clear: to devise a comprehensive customer loyalty strategy that not only enhances customer retention but also elevates the overall customer experience (CX) for both B2B and B2C clients.

A Week of Intensive Engagement

Our first engagement in Doha spanned an intensive week, during which we immersed ourselves in the client's business environment, engaging with multiple stakeholders to gather invaluable insights. The collaboration aimed to ensure that the loyalty strategy would be deeply rooted in the unique dynamics and aspirations of the client’s business.

Key Activities Undertaken:

  1. Stakeholder Engagement: We held detailed discussions with various stakeholders, including senior executives, marketing teams, and customer service representatives, to understand their perspectives, challenges, and goals.
  2. Roadmap Planning: Based on the insights gathered, we meticulously planned a roadmap that outlined the stages of the project, key milestones, and deliverables. This roadmap is designed to guide the project from inception through to implementation and beyond.
  3. Competitor Analysis: Conducting a thorough competitor analysis was critical. We analyzed the loyalty programs of other leading real estate groups and asset management firms, identifying best practices and potential areas for differentiation.

Comprehensive Project Scope

The scope of the project extends beyond the development of a loyalty system. It encompasses several key components that together form a holistic approach to customer loyalty and experience.

Customer Experience Design

Our team is committed to designing an exceptional customer experience that meets and exceeds the expectations of both B2B and B2C clients. This involves creating seamless interactions at every touchpoint, ensuring that each customer journey is intuitive, engaging, and rewarding.

CX Journey Mapping

Mapping out the customer journey is essential to understand the various stages and interactions customers have with the real estate group. By identifying pain points and opportunities for enhancement, we aim to create a smoother and more satisfying customer journey.

Understanding Customer Archetypes

A deep understanding of customer archetypes is pivotal for tailoring the loyalty strategy. By segmenting customers based on their behaviors, needs, and preferences, we can develop targeted approaches that resonate with different customer groups, enhancing their overall experience and loyalty.

Crafting a Superior Solution for B2B and B2C Customers

The ultimate goal of this project is to create a loyalty strategy that delivers exceptional value to both B2B and B2C customers. For B2B clients, this might involve developing exclusive rewards and recognition programs that foster long-term partnerships. For B2C customers, personalized rewards and memorable experiences will be at the forefront, driving engagement and loyalty.

The project aims to develop a robust loyalty system, enhance customer experience design, map out customer journeys, and understand customer archetypes to create tailored solutions for B2B and B2C customers. With these efforts, we are poised to deliver a customer loyalty strategy that sets a new standard in the industry.

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Karina Tatarshao
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Renascence
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