Wednesday, December 12, 2012

10 Quick Tips for Implementing a Successful Customer Loyalty Program


10 Quick Tips for Implementing a
Successful Customer Loyalty Program

Staff engagement
Let’s face it, your staff is who will be enrolling your customers and you must give them reasons that will increase their engagement with the program. Call a meeting and explain the new program. Reinforce that enrolling customers is a “win-win” situation. Constantly reinforce the program’s benefits.
Training
Don’t forget about educating your staff. If they don’t understand your program, your customers certainly will not.


Signage
Make sure you promote your program with signage and brochures. Customers won’t sign up unless they know about your program. Look at at integrating your loyalty program with your Point of Sale.
Advertising
Reach out to existing customers by creating interest in your new program. Make an enticing offer to get them to come in and join. Explain the benefits and watch them enroll. Or acquire some new customers using an acquisition strategy.
Attainable reward(s)
Make sure that your rewards are attainable. If you make it nearly impossible to earn a reward, you’ll get very little program participation. A 5% payback is very customary – for every 200 points they earn (one point equals one dollar) they will receive a $10.00 award certificate. You can vary the multiple to fit your business.
Offers
Designed it to touch your members on a consistent, timely basis. Get them to come back more often and spend more money by using offers that make it worth their while to visit you.
Soft-benefits
Frequent-fliers probably care more about getting on board first and having a special telephone number to call to make a reservation or change their tickets than actually earning free flights. Give your members similar benefits that don’t cost you an arm and a leg. Better seating, a separate check-out lane, free advice or a help line are just a few examples.
Terms/Rules
Make sure you define any special business rules associated with your program. Your brochure is a convenient place to write these out. Also emphasize that you will not sell, rent, or use their personal information for any other purpose than those associated with your program.
Target Marketing
You don’t have to send a communication to every member. Nor do you have to send the same offer to everyone. With a good loyalty program, you’ll be able to differentiate based on a number of factors like length of time since last visit, money spent etc.
Review your reports
Understand your customers better. Explore different reports to show you how your program is working. Make sure you review them at least once a month.

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