5 reasons your brand needs a loyalty program

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Page 1: 5 Reasons Your Brand Needs A Loyalty Program

5 reasons your Brand needs

a loyalty program

Page 2: 5 Reasons Your Brand Needs A Loyalty Program

Page 2

Use compelling rewards as incentives to motivate customers to return to your brand and drive purchase frequency.

The Takeaway

1loyalty programs Contribute to Increased transactions

43%Of consumers

purchased more frequently

because of a loyalty program

source: ColloQuy

Page 3: 5 Reasons Your Brand Needs A Loyalty Program

Page 3

Leverage social media in addition to other channels to extend the reach of your loyalty program and organically generate customer advocacy.

The Takeaway

social media Fuels a loyal Following

2

Of marketers believe they develop loyal fans with social media

72%

source: social media examiner

Page 4: 5 Reasons Your Brand Needs A Loyalty Program

Page 4

Ensure that you offer great content and relevant rewards to keep customers coming back and engaing with your loyalty brand and with your brand.

The Takeaway

3loyalty programs drive Increased purchase Frequency

Membership Card

Ian SmithGold Member

28%Lift in member

purchase frequency versus

non-members

source: Crowdtwist

Page 5: 5 Reasons Your Brand Needs A Loyalty Program

Page 5

Set minimal requirements to particiate in your loyalty program so customers will be more apt to join and engage.

The Takeaway

Customers Believe loyalty Programs Offer Value 4

Of customers believe loyalty programs are worth the effort

80%source: maritz/Bond Brand loyalty

Page 6: 5 Reasons Your Brand Needs A Loyalty Program

Page 6

Research other loyalty programs and their reward offerings to determine how you give customers unique experiences and set your program apart from competitors.

The Takeaway

5exclusive rewards Bolster member participation

Of consumers are more likely to participate in programs that offer exclusive rewards

56.8%

source: technologyadvice

Page 7: 5 Reasons Your Brand Needs A Loyalty Program

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about CrowdtwistCrowdTwist is an industry-leading provider of comprehensive multichannel loyalty and analytics solutions that drive engagement and incremental spend, leading to better customer data, stronger insight, and more personalized experiences. We are revolutionizing loyalty, helping top brands including Pepsi, Nestlé Purina, L’Oréal, and Zumiez develop a deeper understanding of customers. For more information visit www.crowdtwist.com, or call 646.845.0646.

For more loyalty and engagement stats, visit: http://go.crowdtwist.com/25-stats-slideshare