Which loyalty type and platform for your brand?

1. Which loyalty type and platform for your brand?  You’re reading this because your brand is probably struggling to either retain the consumers or convert them from just one-time buyers to loyal customers, right? In this highly competitive era of engaging customers, it is important to gratify them to strengthen connections. This is where loyalty management comes into the picture. Before choosing the best loyalty management platform, you need to understand which type of loyalty suits your brand. According to market trends, tiered-based loyalty programs are performing progressively. Therefore, you should consider opting for this loyalty management type. Before jumping on the benefits we must have a brief understanding of tiered-based loyalty management programs. It is a calculative approach in which customers are rewarded according to their purchasing behaviour and patterns. On these bases, tiers are formed and hence given loyalty rewards, helping the brands to retain them for a long time.  Outcomes? Increased retention rate Brands incur a huge cost in acquiring and retaining customers. Hence retaining them is a major challenge. Loyalty Programs help in keeping customers engaged and stick to your brand in the longer run. Increased revenue and sales As consumers feel more associated with personalized rewards, they tend to purchase more from a brand, resulting in increased sales and ultimately revenue.  Great brand advocacy  Loyalty rewards give a sense of satisfaction to the customers by gratifying them. As customers purchase more, they unlock benefits leading to more rewards and satisfaction. With time, it leads to great brand advocacy.  How can we contribute to your success? Minimised churn rate We leverage QR codes in capturing consumer data. This data is used in analysing customer’s purchasing behaviour, and patterns and giving them personalised experience, which helps minimise churn rate by up to 40%.    Use of technology Realising the power of AI, we equip brands with powerful AI-based dashboards. These dashboards help the brands make informed decisions, minimising the tedious work of analysis and representation. Gamification element The feature of representing loyalty reward redemption using a game-like thing engages the customer. By using the spinning wheel and leaderboards for better consumer engagement.  Why wait?  Be a likeable brand by scheduling a meeting with us!