It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Episode 031: The Changing Face of Loyalty Programs
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Manage episode 225107917 series 1523350
Content provided by Bronto Marketing Platform. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bronto Marketing Platform or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Loyalty programs are created to encourage repeat customers, build brand advocates, and drive loyalty. But in today’s age, how consumers respond to and engage with retailer loyalty programs is changing. Monetarily incentivizing customers in order to move them from one tier to the next is not a recipe for long-term loyalty. I am joined by Chris Bechtel, VP of Growth & Marketing at Annex Cloud. We’ll discuss all things loyalty programs, such as program structure, types of rewards, macro and micro KPIs, and more. Loyalty programs may be changing, but they’re far from dead. We’ll discuss: • How to define the goals of your program and why it’s so important • Ways to provide value for customers with loyalty program design • Incentives, experiential rewards, and guiding consumer behavior • How to treat customers who purchase but do not engage To contact Chris or learn more about Annex Cloud: Cbechtel@AnnexCloud.com | www.AnnexCloud.com | @AnnexCloud Follow Greg @WhatsGregDoing
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82 episoade
Episode 031: The Changing Face of Loyalty Programs
The Commerce Marketer Podcast: Talking eCommerce, Email Marketing, Retail, and More
M4A•Pagina episodului
Manage episode 225107917 series 1523350
Content provided by Bronto Marketing Platform. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bronto Marketing Platform or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Loyalty programs are created to encourage repeat customers, build brand advocates, and drive loyalty. But in today’s age, how consumers respond to and engage with retailer loyalty programs is changing. Monetarily incentivizing customers in order to move them from one tier to the next is not a recipe for long-term loyalty. I am joined by Chris Bechtel, VP of Growth & Marketing at Annex Cloud. We’ll discuss all things loyalty programs, such as program structure, types of rewards, macro and micro KPIs, and more. Loyalty programs may be changing, but they’re far from dead. We’ll discuss: • How to define the goals of your program and why it’s so important • Ways to provide value for customers with loyalty program design • Incentives, experiential rewards, and guiding consumer behavior • How to treat customers who purchase but do not engage To contact Chris or learn more about Annex Cloud: Cbechtel@AnnexCloud.com | www.AnnexCloud.com | @AnnexCloud Follow Greg @WhatsGregDoing
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82 episoade
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