Skip to main content

What are Omnichannel Loyalty Programs and How to Implement Them?

 


Loyalty programs have been one of the most important tactics for attracting and engaging customers. Earlier, loyalty programs used to offer tangible benefits such as a free item on purchasing a product or a reward for returning customers. However, now the loyalty programs have changed their course. They must include every action of the customer and reward them accordingly. That is, you must recognize your customers even when:

     They submit a review of your business

     They promote you on social media

     They take a survey or a quiz

     They refer you to their friends, and so on.

Along with this, another new term has emerged which is known as an omnichannel loyalty program. This is a combination of loyalty programs and an omnichannel marketing strategy where a business aims to deliver a meaningful engagement across every touchpoint. Omnichannel loyalty programs can include:

     Personalized recommendations and offers

     Instant access to services

     Promotional messages

     Cross-platform benefits and discounts

Omnichannel loyalty programs enable businesses to reach where the customers are and reward them with what they want. They are flexible and convenient which is their unique selling point.

How to implement omnichannel loyalty programs?

1. Increase customer touchpoints

Loyalty programs should no longer be limited to your offline store or website. You must include various touchpoints in your loyalty program such as brick-and-mortar stores, websites, social media, mobile apps, and so on. Customers should be able to buy from anywhere and earn/use their loyalty points on any platform.

2. Know what your customers want

Not every customer wants a 10% discount, some might want instant cashback while others become happy with a free product or early access to the sale. You must collect all such data that can help you know your customers better. Many loyalty program companies in India have started leveraging the power of data when it comes to omnichannel loyalty programs. They use data to recognize customer shopping patterns, trends, preferences, behavior, interests, and so on.

3. Offer flexibility

As you make it possible for customers to buy from different channels of your business, you must also give them the flexibility to use their loyalty program rewards anywhere and at any time. For example, you can provide them a birthday discount in the mobile app but they can utilize it in the offline store, website, or mobile app wherever they want.

In today’s era when customer preferences and choices are constantly changing, the omnichannel strategy allows a business to engage and attract customers. It is now the easiest way to reward customers and encourage them to return.

Comments

Popular posts from this blog

5 Effective Customer Loyalty Programs for Small Businesses

According to source, it costs five times as much to attract a new customer than to keep an existing one. This is why it’s so important for small businesses to turn one-time buyers into loyal, repeat customers. Customer loyalty programs can be your secret weapon: Mention Me’s 2021 Customer Advocacy Report found that 40% of customers are likely to buy again from brands that reward loyalty. Let’s take a look at the different types of customer loyalty programs, plus examples of each type from companies in several different industries, each selling different types of products. What are customer loyalty programs? A customer loyalty program is a system where a business offers rewards to its customers who make frequent purchases. From a business perspective, it’s a tactic used to encourage customers to repeatedly buy from your business. There are lots of different types of customer loyalty programs, like refer-a-friend programs that offer customers a discount if their friend signs up or makes ...

What is the Importance of Customer Lifecycle Platform, and Marketing Automation Strategy?

To create a comprehensive customer lifecycle platform, it is important to understand the customer journey and what marketing automation strategies will best nurture your customers through each stage. Well, a customer lifecycle platform is a legit tool that helps companies automate and optimize their marketing efforts throughout the customer journey. By understanding the needs of customers at each stage of the journey, companies can better develop marketing strategies and messages that improve customer retention and conversions. In this blog post further, we will explore the importance of customer lifecycle platforms and marketing automation strategy in more detail.  What is meant by customer lifecycle platform? A customer lifecycle platform is a software application that helps businesses automate and manage the customer lifecycle from acquisition to retention and everything in between.  It is an essential tool for modern marketing teams because it allows them to focus on crea...

Advantages of CDP-Based Loyalty Programs

Many brands do not recognize how customer data platforms and loyalty solutions can be leveraged for customer retention. A CDP or a customer data platform creates customer profiles based on data collected from various sources. For example, webforms, CRM, mobile apps, email, SMS, social media, purchase histories, and more. It includes three layers - Data Capture, Decision Engine, and Delivery. The data capture layer collects data from multiple resources. The decision engine layer creates segments based on the collected data like the most engaged customers, frequent buyers, first-time buyers, etc. The delivery layer provides personalized marketing content based on the segments created across different marketing channels. How CDPs can be used in creating loyalty programs and their advantages: Create 360-degree customer profiles: Loyalty programs can be a great source of transactional, behavioral, and demographic customer data. A CDP can quickly utilize this data t...