500FRIENDS BLOG
Loyalty trends & best practices

500friends, a Merkle Company Launches New Global Research on Customer Loyalty for Retail

by Julia Leyrer
April 11, 2017
500friends, a Merkle Company Launches New Global Research on Customer Loyalty for Retail

500friends, a Merkle Company announced that it has released a new report, The Great Loyalty Reset: A Global Outlook On Retail and CPG Loyalty in 2017, which provides new recommendations for loyalty program managers as they navigate a constantly evolving marketplace and a global pool of consumers whose shopping behaviors can be unpredictable. Based on a survey of 200 loyalty program managers and 1,000 consumers in North America, Europe, UK and Asia, the 2017 study reports that a reset is critical for brands that do not currently have the ability to gather, analyze, and average customer data, and it urges the loyalty industry to re-examine the current state of program effectiveness across a variety of parameters. Repositioning for a “connected loyalty” calls for new ways of developing, delivering, and measuring success for today’s loyalty... Read more

[Webinar] The Great Loyalty Reset: Defining the Future of Loyalty for Retail and CPG Brands

by Julia Leyrer
March 30, 2017
[Webinar] The Great Loyalty Reset: Defining the Future of Loyalty for Retail and CPG Brands

The Great Loyalty Reset report looks at retail and CPG loyalty programs through a new lens and with new recommendations for loyalty program managers as they navigate a constantly evolving marketplace and a global pool of consumers whose shopping behaviors can be unpredictable. The report claims that a reset is critical for brands that do not currently have the ability to gather, analyze and leverage customer data, and urges the loyalty industry to re-examine the current state of program effectiveness across a variety of parameters... Read more

L'Oreal Paris Launches Its Largest Loyalty Rewards Program

by Julia Leyrer
March 27, 2017
L'Oreal Paris Launches Its Largest Loyalty Rewards Program

L'Oréal Paris, the #1 Global Beauty Brand, launches "Worth It Rewards," a first-in-mass for beauty, multi-category loyalty program. Offered across the brand's four categories – Cosmetics, Hair Color, Hair Care, and Skin Care – the program rewards consumers for purchases they are already making, while also providing them with philanthropic opportunities. Most notably, through the "Worth It Rewards" program, consumers can uniquely donate rewards points to the charities of the brand's Women of Worth honorees. Consumers can easily join the brand's complimentary rewards program by visiting www.lorealparisusa.com/worth-it-rewards... Read more

Win the Connected Traveler with Connected Loyalty Strategies

by Allison Ferguson
March 23, 2017
Win the Connected Traveler with Connected Loyalty Strategies

"Travel in the young is part of education, in the elder a part of experience." Francis Bacon made this observation in the 17th century, and it resonates now. Travel today is a highly aspirational, emotional, and educational experience. However, today's experience is largely a digital one, which is evolving our roles as hoteliers and marketers at the very pace of innovation. We must constantly use people-based marketing to re-imagine how we connect with travelers and inspire them to connect in return. There is much in play to win the hearts, minds, and spend of the digital or so called "connected" traveler, who controls an estimated $180B global stay spend on hotels, vacation rentals, and packages. Hotel companies, via their loyalty programs, have the opportunity to become the hub for the self-service, end-to-end experience of the connected traveler... Read more

How to Increase Member Engagement by Striking the Right Balance with Loyalty Design

by Socheata Sam
March 22, 2017
How to Increase Member Engagement by Striking the Right Balance with Loyalty Design

With the proliferation of loyalty programs in the marketplace, wallets are becoming increasingly saturated with membership cards, mobile phones with retail program apps, and key chains with key fobs. In fact, the average American household is enrolled in 29 loyalty programs--the problem, however, is that they only actively engage with 12 programs on average. So, why are so many programs failing to engage members post-enrollment? For starters, loyalty program design can be challenging. One of the more foundational challenges--and perhaps one of the more obvious challenges--is balancing the interests of the customer with the priorities of the business. Striking the right balance here requires a deep understanding of what matters to your customers (deeper than what might be obvious), alongside clear and concise alignment across the entire business around loyalty objectives. The one... Read more

[Webinar] Retention and Loyalty. The End Is Only the Beginning.

by Julia Leyrer
March 20, 2017
[Webinar] Retention and Loyalty. The End Is Only the Beginning.

Join Merkle to understand how to better leverage digital tactics through addressable marketing and owned media experiences for cross-sell, upsell and retention. We will help you identify your target audience for retention messaging and how can you drill into channels and influencers. Retention is much more than loyalty programs, learn how you can upsell your offerings. Learn the importance of retention and understand how you can... Read more

5 Technology Trends Driving Engagement-Based Loyalty

by Geoffrey Smalling
February 23, 2017
5 Technology Trends Driving Engagement-Based Loyalty

Loyalty programs continue to proliferate, while customers’ expectations continue to evolve. Program innovations are more important than ever, facilitating new ways for brands to focus on delivering seamless experiences when and where their best customers want them. In 500friends’s recent webinar, Geoffrey Smalling, CTO of 500friends, a Merkle Company, spoke about innovative ways, outlined below, that technology can facilitate collecting loyalty data to create experiential moments, keeping your loyalty members engaged and driving deep consumer value... Read more

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