Listly by Shailesh Puri
Growing businesses must design loyalty programs to align with their target audience and business goals. Furthermore, it’s essential to keep the program updated and relevant to the customers and measure its success to improvise accordingly.
The beauty market is booming, and it demands more attention from the brands having a tight hold on the customer’s base. Loyalty programs have proven their worth. Learn more.
Loyalty programs are powerful tools that you can use to encourage customers to always choose your business over others. The key to achieving optimal customer retention is proper implementation of the program.Here are some ideas on how to retain your customers through an effective loyalty program.
A well-structured loyalty rewards program allows businesses to go beyond the basic expectations and provide differentiating features to engage customers and form an emotional connect with them.
For many retailers, the biggest drop in customer retention happens after the first sale. In some cases, only 20% of customers return to make a second purchase. Of course, if they don’t make a second purchase, they won’t make a third or fourth.
Emails are one of the best ways to engage with your brand community, drive conversions and increase repeat purchases. Here are 4 strategies to amplify customer loyalty through email marketing.
The blog post includes the recording and presentation for the webinar and highlights the strategies that helped Leonisa achieve 37% higher customer retention through a loyalty program!
Building a successful customer loyalty program should include all the ingredients essential for its growth and continuous engagement. View this infographic to know more.
Check out the 5 best customer loyalty programs in the automotive industry. Learn how they crafted their rewards program and built long-lasting relationships with their customers.
Building a successful customer loyalty program should include all the ingredients essential for its growth and continuous engagement. View this infographic to know more.
A loyalty marketing program boosts sales volume through loyalty based promotional campaigns. Running targeted marketing campaigns yields optimum results and increases revenue.
Loyalty programs for the travel and hospitality industry are fun, engaging, and easy to comprehend. In this blog, we cover the best travel & hospitality loyalty rewards programs.
Holiday season whitepaper: Leverage Customer Loyalty to Boost Revenues. Discover the recent trends to prepare for the upcoming holiday season.
Top 5 food and restaurant loyalty programs that engage customers at multiple levels, provide interesting rewards and offer unique experiences to build loyal fans and brand advocates.
customer engagement is one of the most important factors in determining whether your customers will reward you with their loyalty and repeated purchases.
View the infographic to explore the different types of loyalties and brands that have witnessed amazing results from these flavors.
In this blog, we will explore the best 5 retail brands and how they have crafted their result-driven customer retail rewards program.
An enterprise loyalty program should be a crucial pillar of any business. Learn how to brand your Enterprise Loyalty Program.
This infographic reveals the importance of a tier-based loyalty program, key benefits and top brands who have embedded a tiered loyalty program. View infographics
In this blog, we cover the 5 best loyalty programs in the home improvement segment. Read more
A tiered loyalty program is a type of ranking program that offers customers incremental benefits and perks based on the tier they are at. Read more
Improving customer engagement is the first step towards customer retention. There are 6 types of loyalty initiatives that create engagement. They are categorized based on the type of loyalty they develop. Read more
The first step in creating a loyalty program structure is to understand & analyze the businesses’ historical transactions data, both in the pre-Covid & post-Covid scenarios.
Zinrelo’s customized restaurant loyalty program creates a 360- degree engagement with customers and rewards them for performing various activities. Read more
Loyalty programs are implemented across multiple verticals; and we showcased the top 5 loyalty programs across different industries in our last blog. In our Top Loyalty Program series, we will highlight different industries, starting with the fashion and apparel industry. This blog highlights the unique experience that characterize such programs. Unsurprisingly, it is not just about handing more rewards to customers, but rather, a more holistic customer experience by way of engagement!
*Nike Plus:
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Nike takes its name from the Greek Goddess of victory and has been the leaders in sportswear for decades. Nike evolved its longstanding NikePlus program to redefine loyalty in the fast-paced sportswear industry. Beyond omnichannel fulfillment, Nike has differentiated its services with an aim to create genuine athlete communities. Shifting consumer expectations demand a holistic approach to commerce and Nike has created a new benchmark via its loyalty program.
Nike made several changes to the NikePlus program, including adding free expedited shipping and experiential in-store rewards for members. Taking a step further from simply adding more perks, Nike introduced exclusive member rewards. These rewards provide members with personalized access to limited edition product collections corresponding to the training activities they prefer. Members get access to Nike partner programs like Headspace or Apple Music to assist them in meeting their goals. Member only sales, promotions, in-store events & services ensure that loyal customers receive curated experiences and exclusive benefits to stay engaged with the program.
*H&M Membership:
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H&M is a fashion brand, offering the latest styles and inspiration. H&M prides itself in being more than just about fashion. With price, quality and sustainability deeply rooted in its DNA, H&M offers a chance to create a more sustainable future for the industry.
H&M has a unique initiative to inculcate sustainable shopping. It offers ‘Conscious Points’ for activities such as recycling old clothes or bringing your own shopping bag to the store. These conscious points transform into bonus vouchers, redeemable during the next purchase. It’s a win-win for customers as they are rewarded for making conscious choices, and augments the overall brand value proposition of H&M. The perks offered by the ‘Plus Member’ tier make it very aspirational – early access to events, surprise offers on birthdays & other holidays and exclusive access to unique collections and free shipping. To maintain engagement with the members, H&M awards points for shopping, rating and reviewing purchases and profile updating. For every 200 points earned, members get a voucher redeemable on their next purchase. All of this contributes to H&M providing an all-encompassing loyalty experience to their customers.
*Patricia Nash Rewards
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Patricia Nash Designs was founded with an appreciation of exceptional craftsmanship, and a love for vintage-inspired keepsakes.
Patricia Nash Rewards Program aims to continuously engage customers. Social sharing activities, writing product reviews in exchange for points ensures Patricia Nash is at the top of a customer’s mind during repeat purchases. The program’s tiered structure has proved critical to its success. Higher tiers allow members to earn points at a faster rate and earn more perks, ensuring exclusivity by way of special giveaways and exclusive events. If these perks were not enough to guarantee exclusivity, top tiered members get early access to new arrivals and a free annual gift! Such rewards have a high perceived value and go a long way in forming an emotional bond with the brand.
*ZARA Club
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Zara is one of the largest & globally recognized fashion brands in the world. Zara is a pioneer in the fast fashion model and has significantly disrupted the traditional fashion industry. Zara can react to new trends with great speed and that is what their customers love about them. The Zara rewards program is an extension of this brand philosophy.
Zara Club members get early access to the latest collections, leading to a very high perceived value among the fashion savvy customers. Further, Zara send outs a gift card every time a member accumulates 200 points. This reward could be a gift, discount coupon or a cash voucher. The customers thus have a burning desire to reveal the hidden prize and redeem their reward, creating brand engagement and pushing customers to earn more points. The gift aside, this activity adds a fun element and makes the customer feel valued. Such spontaneous offers along with free shipping and birthday discounts is how Zara is winning their customers’ loyalty.
*HappyFeet – Footwear
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Happy Feet Plus has been providing health and comfort footwear since 1985. Along with their in-house brand, HappyFeet sells a wide selection of footwear from Aetrex, Dansko, Vionic, Mephisto, etc. which are all built on sustainability. The thought of natural healing is so important to Happy Feet Plus that each store provides an advanced digital foot scan and a trained expert providing feet related help & consultation.
The Happy Feet Plus rewards program helps the brand instill emotional loyalty by gifting bonus points to customers on their birthdays. The program also provides top tier members with early access to promotions and offers. Happy Feet has partnered with Kenkoh and customers get additional points for purchasing Kenkoh products. As an icing on the cake, the Gold tier members get a chance to get featured on their social media platforms. Such recognition is always welcome and goes a long way to form an emotional bond.
Conclusion
2020 was certainly a year to be reckoned with, but that did not stop any of these brands from offering their customers unique rewarding experiences. Over the last decade, loyalty and customer rewards programs have proven to be an effective way to drive customer retention, boost lifetime value, and inspire loyalty. All of this reduces the prevalence of discounts, leading to improved profitability. Since loyalty programs are being implemented by everyone, the trick to stand out is by offering a unique
Zinrelo is a modern-day, enterprise grade loyalty rewards platform that enables businesses to launch a custom rewards program for their users. Zinrelo...