500FRIENDS BLOG
Loyalty trends & best practices

Loyalty Programs and Leisure Travelers: How Can Loyalty Close the Engagement Gap in Leisure Travelers?

by Socheata Sam
December 15, 2016
Loyalty Programs and Leisure Travelers: How Can Loyalty Close the Engagement Gap in Leisure Travelers?

Spend-based travel programs are inherently, and effectively, focused on high-value business travel customers who tend to be less price-sensitive than their leisure counterpart. However, a significant portion of guests/passengers in the travel and hospitality industry fall outside of the business segment—with 3 out of 4 domestic trips taken for leisure purposes. Because of the sheer size of this untapped segment, your loyalty program could contribute more to the bottom-line by effectively engaging these overlooked customers. LOYALTY’S FOCUS TODAY: THE BUSINESS TRAVELER. The U.S. travel industry was worth a whopping $947 billion in 2015 (according to the U.S. Travel Organization), with high-frequency and high-spend business travelers... Read more

Upcoming Event: Demandware XChange '16

by Julia Leyrer
March 10, 2016
Upcoming Event: Demandware XChange '16

We are proud to be sponsoring Demandware XChange '16, taking place April 4-6 at the Diplomat Resort and Spa in Hollywood, FL! The Demandware XChange Conference is an exclusive, invitation-only event for Demandware clients, partners, employees, and special guests. For the past 6 years, this conference has brought together leaders of the commerce world – industry visionaries and forward-thinking retailers, to discuss and exchange ideas for driving growth in the dynamic retail marketplace. Stop by our booth to learn why a long list of Demandware clients, including New Balance, Kiehl's, Urban Decay, and Deckers Outdoor Corporation (UGG), depend on 500friends as their customer loyalty services provider... Read more

Webinar: Create Loyalty with Real-Time Personalization

by Julia Leyrer
January 21, 2016
Webinar: Create Loyalty with Real-Time Personalization

Your customers know what they want—do you? It’s no secret that customers now expect to feel like your brand personally knows them. According to a recent study by Gartner, 89 percent of CMOs expect their brand’s customer experience to differentiate them from their competition. Using real-time data and customer understanding through your loyalty program, you’re able to deliver an experience tailored to each member. This is becoming paramount to create unique and satisfying customer experiences that drive results. Join Arif Damji from 500friends, a Merkle Company, and Chris Parker from IBM on Thursday, February 11th at 10:00 am PST to learn about... Read more

Webinar: How Advanced Analytics Can Optimize Loyalty Program Results

by Julia Leyrer
January 11, 2016
Webinar: How Advanced Analytics Can Optimize Loyalty Program Results

Join us on Thursday, January 28 at 2 pm ET for the webinar “How Advanced Analytics Can Optimize Loyalty Program Results” presented by Arif Damji, Sr. Director of Strategy and Development at 500friends, a Merkle Company, and Christopher Matz, VP Analytics, Retail and Consumer Goods at Merkle. To best understand your loyalty program members, keep the program relevant to them, and ensure you maximize the profitability of each interaction, it is essential to track and understand their behaviors. For a customer, their traceable behavior consists mostly of a single transaction. Loyalty programs tie together all of a member’s transactions and include information from their social networks, reviews, preferences, employee interactions, and other program engagement activities. This source of data is enticing to brands wanting to optimize their program performance, but one needs to have a strong analytics team… Read more

Keeping Up With Today's Loyalty Demands

by Julia Leyrer
March 05, 2015
Keeping Up With Today's Loyalty Demands

Originally posted on IBM's Smarter Commerce blog: Loyalty marketing is more and more prominent in today’s retail landscape. It is becoming common knowledge that customer acquisition costs are increasingly rising, and data-driven customer retention is a key area filled with untapped growth potential. But loyalty marketing is evolving and is more intricate than just offering discounts to existing customers. As many marketers realize, there are three common problems that they run into when trying to implement an effective loyalty program: 1. They often feel stuck offering dollars-off discounts and are losing their margins without sustainably changing their customer behavior. 2. Personalization is not going further than using much more than a first and last name, and is not connecting to the customer and building customer relationships. 3. Their loyalty members are not actively participating and being engaged, and… Read more

Loyalty + Predictive Analytics = Personalization: The 500friends / AgilOne Partnership

by Andrew R.
June 24, 2014
Loyalty + Predictive Analytics = Personalization: The 500friends / AgilOne Partnership

In this video, recorded at IRCE 2014, 500friends Director of Strategy and Development Arif Damji talks about how 500friends LoyaltyPlus and AgilOne's predictive analytics help retailers personalize customer experiences and offers.... Read more

Powering Loyalty at 1800Flowers: 500friends + IBM

by Andrew R.
June 05, 2014
Powering Loyalty at 1800Flowers: 500friends + IBM

In this video, Arif Damji, director of strategy and development at 500friends, talks about how companies like 1800Flowers.com benefit from the 500friends integration with IBM e-commerce and marketing solutions... Read more

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