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How Retailers are using
Loyalty Programs to increase
per-customer revenue by 2.4X
Presenter
Samir Palnitkar
VP of Customer Success
WEBINAR TOPICS
§ Why loyalty programs?
§ What constitutes a good loyalty program?
§ Case Study #1
§ More Case Study Briefs
§ Q&A
WHY LOYALTY PROGRAMS?
of ULTA Beauty’s
revenues come from its
loyalty program members.
- CNBC
90%
of Macy’s revenues
comes from a mere 9%
loyal customers.
- Wall Street Journal
46%
LOYALTY PROGRAMS ARE THE #1 REVENUE DRIVER FOR RETAILERS
NO LOYALTY PROGRAM? A LEAKY BUCKET
Lack of customer loyalty hurts EVERY business metric
§ Lower total revenue
§ Higher customer acquisition cost
§ Lower customer LTV (life time value)
§ Lower conversion rate
§ Lower customer engagement
of businesses
do not have
a loyalty program
86%
Factoid
WHAT CONSTITUTES A GOOD
LOYALTY PROGRAM?
LOYALTY PROGRAM - 360-DEGREE ENGAGEMENT
INFREQUENT CUSTOMER ENGAGEMENT CONTINUOUS CUSTOMER ENGAGEMENT = LOYAL CUSTOMERS
Create Fiercely Loyal Customers by Enabling Continuous 360-degree Engagement
MULTIPLE AWARD ACTIVITIES
360-DEGREE ENGAGEMENT
GREAT EXPLAINER PAGE
GREAT EXPLAINER PAGE
MEMBERSHIP
TIERS FOR
GAMIFICATION
ATTRACTIVE BENEFITS AT MEMBERSHIP LEVELS
OMNI-CHANNEL SUPPORT
WEBSITE PHYSICAL STORES MOBILE APP
UNIFIED LOYALTY PROGRAM
Unified loyalty program across all retailer sales channels.
CASE STUDY #1
PREDATOR NUTRITION
NUTRITION SUPPLEMENTS COMPANY
LOCATION: UNITED KINGDOM
ABOUT PREDATOR NUTRITION
16
Exclusive distributors to leading
brands e.g. Driven Sports, PES,
Body Nutrition, Molecular Nutrition
A leading sports
nutrition company
360 degree engagement
loyalty platform:
Ability to reward users for any
desirable interaction including
social media
Increase life time value of
customers by 5X+
Increase in word-of-mouth
referrals, reviews etc.
Increase in engagement on
social media
Customer retention and
boost in repeat purchases
PREDATOR NUTRITION CUSTOMER LOYALTY PROGRAM
§ Ability to set custom loyalty points for friend referrals
§ Successful referrals are tracked automatically
§ Members are notified both real-time and via email about
points earned
E.g. - Referrals
E.g. - Purchases
§ Purchases are tracked automatically and appropriate loyalty points are
rewarded to the user
§ Members can earn loyalty points to write product reviews also
33% higher Average Order Value (AOV) for loyalty
members who redeemed points
Converted referrals into sales at an
impressive rate of 25.2%
STRATEGIES ADOPTED TO REWARD POINTS
Daily enrollments of loyalty members
shot up by 9.5%
E.g. – Become an email subscriber E.g. - Social Sharing and Engagement
§ Members are awarded points for email signup § Points are awarded for actions such as sharing on Twitter,
Instagram, birthday bonus, etc.
70% more purchases by loyalty members
who redeemed
STRATEGIES ADOPTED TO REWARD POINTS
CUSTOMER DASHBOARD
An attractive, brand friendly,
customizable dashboard is
automatically created for end users
Can be easily embedded on the
website
Users can view point history, redee
m points, find ways to earn points
and more.
Leopard
User can redeem points from
the dashboard. Redemption
cards can be customized
Daily redemptions increased
by 73% after a quarter
REDEMPTION OPTIONS
22
Customizable loyalty tiers
Auto upgrades/downgrades based on
points earned within a given time period
Customizable tier specific benefits
such as points multiplier, access to
exclusive redemption options etc.
LOYALTY TIERS
Ø 1000s Of loyalty members, word-of-mouth referrals, social posts and followers
Ø 70.0% More Repeat purchases from loyal customers
Ø 33.0% Higher Average Order Value (AOV) for loyalty members who redeemed
Ø 25.2% Sales conversion rate for referral traffic generated through refer-a-friend
Ø 73.0% Increase in daily redemptions monitored
Ø 9.5% Jump in daily enrollments in loyalty program
RESULTS ACHIEVED
This unique partnership with ShopSocially has meant
that 1000′s of our loyal customers have benefited
from the strategic loyalty program which has helped
us to increase engagement levels & repeat sales.
Phil Slater
Head of Marketing
MORE CASE STUDIES
EVAN-MOOR LOYALTY PROGRAM
RESULTS
108% increase in Per-
Customer Revenue
53% increase in Average
Order Value (AOV)
25
37% increase in repeat
purchase frequency
FSA PERKS PROGRAM
RESULTS
74% increase in Per-
Customer Revenue
64% increase in repeat
purchase frequency
26
ZINRELO LOYALTY REWARDS SOLUTION
+ Built-in Referral Program
People are 7 times
more likely to buy
when referred by a
friend
Loyal customers are
worth up to 10X as much
as their first purchase
Features
Benefits
WHITE-LABELED
LOYALTY REWARDS PROGRAM Fully Customizable | Omni-Channel | Easy
Integration | ROI Based Reporting |
Comprehensive APIs
Samir Palnitkar
VP of Customer Success
samir@zinrelo.com
+1 650 209 0726
Subhajit Goswami
Head – Business Development
sales@appseconnect.com

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Webinar: How Retailers are Using Loyalty Programs to Increase Per-Customer Revenue by 2.4X

  • 1. How Retailers are using Loyalty Programs to increase per-customer revenue by 2.4X Presenter Samir Palnitkar VP of Customer Success
  • 2. WEBINAR TOPICS § Why loyalty programs? § What constitutes a good loyalty program? § Case Study #1 § More Case Study Briefs § Q&A
  • 4. of ULTA Beauty’s revenues come from its loyalty program members. - CNBC 90% of Macy’s revenues comes from a mere 9% loyal customers. - Wall Street Journal 46% LOYALTY PROGRAMS ARE THE #1 REVENUE DRIVER FOR RETAILERS
  • 5. NO LOYALTY PROGRAM? A LEAKY BUCKET Lack of customer loyalty hurts EVERY business metric § Lower total revenue § Higher customer acquisition cost § Lower customer LTV (life time value) § Lower conversion rate § Lower customer engagement of businesses do not have a loyalty program 86% Factoid
  • 6. WHAT CONSTITUTES A GOOD LOYALTY PROGRAM?
  • 7. LOYALTY PROGRAM - 360-DEGREE ENGAGEMENT INFREQUENT CUSTOMER ENGAGEMENT CONTINUOUS CUSTOMER ENGAGEMENT = LOYAL CUSTOMERS Create Fiercely Loyal Customers by Enabling Continuous 360-degree Engagement
  • 13. ATTRACTIVE BENEFITS AT MEMBERSHIP LEVELS
  • 14. OMNI-CHANNEL SUPPORT WEBSITE PHYSICAL STORES MOBILE APP UNIFIED LOYALTY PROGRAM Unified loyalty program across all retailer sales channels.
  • 15. CASE STUDY #1 PREDATOR NUTRITION NUTRITION SUPPLEMENTS COMPANY LOCATION: UNITED KINGDOM
  • 16. ABOUT PREDATOR NUTRITION 16 Exclusive distributors to leading brands e.g. Driven Sports, PES, Body Nutrition, Molecular Nutrition A leading sports nutrition company
  • 17. 360 degree engagement loyalty platform: Ability to reward users for any desirable interaction including social media Increase life time value of customers by 5X+ Increase in word-of-mouth referrals, reviews etc. Increase in engagement on social media Customer retention and boost in repeat purchases PREDATOR NUTRITION CUSTOMER LOYALTY PROGRAM
  • 18. § Ability to set custom loyalty points for friend referrals § Successful referrals are tracked automatically § Members are notified both real-time and via email about points earned E.g. - Referrals E.g. - Purchases § Purchases are tracked automatically and appropriate loyalty points are rewarded to the user § Members can earn loyalty points to write product reviews also 33% higher Average Order Value (AOV) for loyalty members who redeemed points Converted referrals into sales at an impressive rate of 25.2% STRATEGIES ADOPTED TO REWARD POINTS
  • 19. Daily enrollments of loyalty members shot up by 9.5% E.g. – Become an email subscriber E.g. - Social Sharing and Engagement § Members are awarded points for email signup § Points are awarded for actions such as sharing on Twitter, Instagram, birthday bonus, etc. 70% more purchases by loyalty members who redeemed STRATEGIES ADOPTED TO REWARD POINTS
  • 20. CUSTOMER DASHBOARD An attractive, brand friendly, customizable dashboard is automatically created for end users Can be easily embedded on the website Users can view point history, redee m points, find ways to earn points and more. Leopard
  • 21. User can redeem points from the dashboard. Redemption cards can be customized Daily redemptions increased by 73% after a quarter REDEMPTION OPTIONS
  • 22. 22 Customizable loyalty tiers Auto upgrades/downgrades based on points earned within a given time period Customizable tier specific benefits such as points multiplier, access to exclusive redemption options etc. LOYALTY TIERS
  • 23. Ø 1000s Of loyalty members, word-of-mouth referrals, social posts and followers Ø 70.0% More Repeat purchases from loyal customers Ø 33.0% Higher Average Order Value (AOV) for loyalty members who redeemed Ø 25.2% Sales conversion rate for referral traffic generated through refer-a-friend Ø 73.0% Increase in daily redemptions monitored Ø 9.5% Jump in daily enrollments in loyalty program RESULTS ACHIEVED This unique partnership with ShopSocially has meant that 1000′s of our loyal customers have benefited from the strategic loyalty program which has helped us to increase engagement levels & repeat sales. Phil Slater Head of Marketing
  • 25. EVAN-MOOR LOYALTY PROGRAM RESULTS 108% increase in Per- Customer Revenue 53% increase in Average Order Value (AOV) 25 37% increase in repeat purchase frequency
  • 26. FSA PERKS PROGRAM RESULTS 74% increase in Per- Customer Revenue 64% increase in repeat purchase frequency 26
  • 27. ZINRELO LOYALTY REWARDS SOLUTION + Built-in Referral Program People are 7 times more likely to buy when referred by a friend Loyal customers are worth up to 10X as much as their first purchase Features Benefits WHITE-LABELED LOYALTY REWARDS PROGRAM Fully Customizable | Omni-Channel | Easy Integration | ROI Based Reporting | Comprehensive APIs
  • 28. Samir Palnitkar VP of Customer Success samir@zinrelo.com +1 650 209 0726 Subhajit Goswami Head – Business Development sales@appseconnect.com