Scoring Points: How Tesco Continues to Win Customer Loyalty Pdf, Epub, Ebook

Total Page:16

File Type:pdf, Size:1020Kb

Scoring Points: How Tesco Continues to Win Customer Loyalty Pdf, Epub, Ebook SCORING POINTS: HOW TESCO CONTINUES TO WIN CUSTOMER LOYALTY PDF, EPUB, EBOOK Clive Humby,Terry Hunt,Tim Phillips | 304 pages | 01 Sep 2008 | Kogan Page Ltd | 9780749453381 | English | London, United Kingdom Scoring Points: How Tesco Continues to Win Customer Loyalty PDF Book It's an art of work. Buckets become Lifestyles. Tesco emerges as very different to the uncaring monolith of media lore. Since , Tesco has transformed its relationship with its customers. Add both to Cart. By pairing its loyalty scheme with sophisticated information technology, Tesco set a new standard for knowing your customer. This updated account shows how wrong they were - and why. Ships from and sold by sri book house. Showing S F rated it liked it Nov 03, They show how Tesco made customer loyalty marketing work, even when almost every other loyalty program failed, thanks to vision, a strong team ethic and a company-wide commitment to customer satisfaction. This is the future of marketing. Juan rated it really liked it Aug 24, Had to force myself to get through this book. The early Clubcard partnerships. Shopbop Designer Fashion Brands. Tesco and loyalty in history. Playing a zero sum game. A bit dated, but otherwise a great case study on the value and challenges of business analytics. I'd sum this book up as an insight into how to use loyalty data laterally to extract true value out of it. Log In You must be logged into UK education collection to access this title. It includes three new chapters, including an examination of the US retail market and the authors' work with both Tesco and Kroger. Peter Fader. The Tesco programme is still very much alive in the UK right now, and this book is still continually updated; the book's business cases and baseline metrics will be relevant to anyone tasked to design or manage a loyalty programme. Skip to main content. Soumyajyoti Datta rated it liked it Mar 06, There are 0 reviews and 0 ratings from India. Read it and profit. Here you can find out why. What Tesco learnt about subclubs. Jan 08, Cecilia rated it really liked it. Show details. Report abuse Translate review to English. Deals becomes Freetime. Customers who bought this item also bought. The Rolling Ball. What made the launch a success? The problem with data warehouses. Solo shared and outsourced. Very good summary of how to use data to grow a brand and a business. Read more Read less. Launching a bank. Valerie rated it liked it Feb 10, If you are reading for general interest, it provides a clear explanation as to how and why Tesco's loyalty system developed. Get to Know Us. See all free Kindle reading apps. Scoring Points: How Tesco Continues to Win Customer Loyalty Writer Audible Download Audio Books. A fascinating tale of what can be achieved through vision, a strong team ethic and a company-wide commitment to customer satisfaction, it is an inspirational read for anyone in business, from junior marketers or salespersons working in an FMCG environment, to any practitioner looking to better analyse their customer base. Can Clubcard make promotions work better? Average rating 3. See all free Kindle reading apps. Thanks for telling us about the problem. Show details. Four loyalty currencies. The customer contract renewed. I really loved this book. Electronic Green Shield Stamps catch on. Welcome back. How its different online. Can Clubcard remain the most popular loyalty programme in the UK? See all reviews. Lists with This Book. It can be read on two levels. Usually dispatched in 6 to 10 days. Today, it is not only the United Kingdom's number one retailer, but also the world's most successful Internet supermarket, one of Europe's fastest growing financial service companies and arguably one of the world's most successful exponents of Customer Relationship Management CRM. Real shoppers real stores real advantage. Is customer loyalty genuine? Readers also enjoyed. As leading specialists in data-driven marketing, CRM, segmentation and customer loyalty, Clive and Terry together have been major influences behind the development, launch and creative management of Tesco Clubcard. It's perfect for students and for workers too. More Details Clubcard Pizza. Waiting for the zero sum effect. Scoring Points is the compelling and dramatic inside story, told from a project point of view, of how the Tesco Clubcard was conceived, launched and developed. Original Title. There are some really interesting stories included and I found it entertaining to look up via LinkedIn the key Tesco staff involved and other people mentioned to see what they are up to now. Sort order. Verified Purchase. Amazon Prime Music 60 million songs. Aug 04, Bruce Humbert rated it really liked it. Aug 11, Zabetta Camilleri added it. Authors Clive Humby and Terry Hunt, two major influences behind the project, and Tim Phillips, a leading business writer and broadcaster, bring a compelling, behind-the-scenes account of Clubcard -- the successes, failures and lessons learned. Published February 1st by Kogan Page first published October 3rd Keeping the Magazine fresh. Just a moment while we sign you in to your Goodreads account. Auditing the Clubcard statement. Scoring Points: How Tesco Continues to Win Customer Loyalty Reviews Enlarge cover. Synopsis Scoring Points is the compelling and dramatic inside story, told from a project point of view, of how the Tesco Clubcard was conceived, launched and developed. Hardcover , pages. There are no discussion topics on this book yet. Making loyalty pay. The foundations of a loyalty scheme. How Clubcard helped Tescocom. They show how Tesco made customer loyalty marketing work, even when almost every other loyalty program failed, thanks to vision, a strong team ethic and a company-wide commitment to customer satisfaction. Jul 08, Jomz rated it it was amazing. It explains in detail how Tesco collected, analysed and used customer data to become a retail giant, making customer loyalty marketing work when almost every other programme failed. Here you can find out why. Audible Download Audio Books. This is the future of marketing. Interesting look into how a loyalty programme can revolutionise the way a grocery retailer operate. The first quarterly mailing. Alexander rated it liked it Feb 21, Launching a bank. He is the chief information architect behind Tesco Customer Management and its segmentation programme. Read this for work. Just a moment while we sign you in to your Goodreads account. Scoring Points: How Tesco Continues to Win Customer Loyalty Read Online Frequently bought together. Read it and profit. English Choose a language for shopping. Scoring Points is the compelling and dramatic inside story, told from a project point of view, of how the Tesco Clubcard was conceived, launched and developed. Tim Phillips is a renowned business journalist and broadcaster. Solo shared and outsourced. By pairing its loyalty scheme with sophisticated information technology, Tesco set a new standard for knowing your customer. Scoring Points is the compelling and dramatic inside story, told from a project point of view, of how the Tesco Clubcard was conceived, launched and developed. Does a loyalty programme pay? The authors show how Tesco made customer loyalty marketing work, when almost every other loyalty programme failed. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Ships from and sold by Fastech Book Center. Tesco emerges as very different to the uncaring monolith of media lore. Tim Phillips is a renowned business journalist and broadcaster. Keeping the Magazine fresh. It explains in detail how Tesco collected, analysed and used customer data to become a retail giant, making customer loyalty marketing work when almost every other programme failed. Is customer loyalty genuine? This is the future of marketing. Baskets become Buckets. Hardcover , pages. A fascinating tale of what can be achieved through vision, a strong team ethic and a company-wide commitment to customer satisfaction, it is an inspirational read for anyone in business. The story, itself, is not the key essence of the book, but it reveals the principles of loyalty card establishment, including do's and dont's. Amazon Prime Music 60 million songs. The bubble that didnt burst. The inner circle. Discovering that you are what you eat. Jul 08, Jomz rated it it was amazing. Bryan Baecker rated it really liked it Oct 09, Average rating 3. If you are reading for general interest, it provides a clear explanation as to how and why Tesco's loyalty system developed. Outbanking the banks. He is the chief information architect behind Tesco Customer Management and its segmentation programme. It was definitely worth reading, I'm glad I did. Read this for work. Every little helped. Tesco has developed an impressive tool for communicating with its customers, something to which every major retailer must aspire. Translate all reviews to English. Welcome back. Terry Hunt ,. See all reviews. https://cdn.starwebserver.se/shops/inezaxelssonix/files/business-continuity-for-dummies-205.pdf https://files8.webydo.com/9583042/UploadedFiles/D9FA7E40-814A-76A1-9084-871395113D88.pdf https://files8.webydo.com/9583791/UploadedFiles/AB242A49-1E20-5ACE-38CF-60AEC5BAD613.pdf https://files8.webydo.com/9583890/UploadedFiles/60B666A6-E0AC-7943-CAAF-839662F6F858.pdf https://cdn.starwebserver.se/shops/aaronhermanssoniv/files/quotracequot-is-a-four-letter-word-the-genesis-of-the-concept-1st-edition-660.pdf.
Recommended publications
  • Retail Change: a Consideration of the UK Food Retail Industry, 1950-2010. Phd Thesis, Middlesex University
    Middlesex University Research Repository An open access repository of Middlesex University research http://eprints.mdx.ac.uk Clough, Roger (2002) Retail change: a consideration of the UK food retail industry, 1950-2010. PhD thesis, Middlesex University. [Thesis] This version is available at: https://eprints.mdx.ac.uk/8105/ Copyright: Middlesex University Research Repository makes the University’s research available electronically. Copyright and moral rights to this work are retained by the author and/or other copyright owners unless otherwise stated. The work is supplied on the understanding that any use for commercial gain is strictly forbidden. A copy may be downloaded for personal, non-commercial, research or study without prior permission and without charge. Works, including theses and research projects, may not be reproduced in any format or medium, or extensive quotations taken from them, or their content changed in any way, without first obtaining permission in writing from the copyright holder(s). They may not be sold or exploited commercially in any format or medium without the prior written permission of the copyright holder(s). Full bibliographic details must be given when referring to, or quoting from full items including the author’s name, the title of the work, publication details where relevant (place, publisher, date), pag- ination, and for theses or dissertations the awarding institution, the degree type awarded, and the date of the award. If you believe that any material held in the repository infringes copyright law, please contact the Repository Team at Middlesex University via the following email address: [email protected] The item will be removed from the repository while any claim is being investigated.
    [Show full text]
  • Hvordan Kan Bedrifter Gjøre Best Nytte Av Kundelojalitetsprogrammer? F
    50 FAGARTIKLER MAGMA 0413 HVORDAN KAN BEDRIFTER GJØRE BEST NYTTE AV KUNDELOJALITETSPROGRAMMER? f MATILDA DOROTIC er førsteamanuensis ved Institutt for markedsføring ved Handelshøyskolen BI. Hun har en PhD fra Universitetet i Groningen i Nederland og en Master of Science grad fra England. Hennes forskning omfatter kundelojalitet og effekten av ulike markedsstrategiske tiltak, som blant annet kundelojalitetsprogram. LINE LERVIK OLSEN er førsteamanuensis ved Handelshøyskolen BI, Institutt for markedsføring. Hun har ansvar for Master of Management-programmet Marketing Management, og faget tjenest- emarkedsføring på flere studieretninger. Hennes forskning har fokusert på markedsføring av tjenester, teknologi og tjenester og i den senere tid innovasjon av tjenester og sosiale medier. INNLEDNING1 En undersøkelse av amerikanske handlevaner viste Ett av de vanligste spørsmålene dagens forbrukere at betalinger fra mobiltelefoner er fordoblet det siste blir stilt er: Har du vårt bonuskort? Både I-land og i året (McPherson 2012). Ettersom Norge har 5 250 land under økonomisk utvikling kan handlende samle 900 mobilbrukere, og alle de store leverandørene til- bonuspoeng fra en rekke ulike dagligsvarebutikker byr betalingstjenester på mobiltelefon, er det svært (f.eks. Trumf fra NorgesGruppen, LittDitt fra COOP), sannsynlig at vi vil se denne utviklingen også i Norge. flyselskaper (Norwegian Rewards, SAS Eurobonus) Også veksten i ulike kundelojalitetsprogrammer vil og fra ulike non-profit-organisasjoner, alle med egne øke i Norge. medlemsprogrammer. Undersøkelser fra amerikan- Internasjonalt har ulike bedrifter hatt ulike erfa- ske markedsorganisasjoner2 anslår at fra 70 og opp ringer med sine KLP-er. Mens noen har erfart at pro- til 96 prosent av husholdningene i Europa og USA grammene har gitt dem bedre avkastning på bunnlinjen, er medlemmer i minst ett kundelojalitetsprogram.
    [Show full text]
  • The Effect of Framing on Loyalty Points Redemption
    The Effect of Framing on Loyalty Points Redemption by Ali Ammar A Thesis presented to The University of Guelph In partial fulfilment of requirements for the degree of Master of Science in Marketing and Consumer Studies Guelph, Ontario, Canada © Ali Ammar, August, 2018 ABSTRACT THE EFFECT OF FRAMING ON LOYALTY POINTS REDEMPTION Ali Ammar Advisors: University of Guelph, 2018 Vinay Kanetkar Sunghwan Yi This research was conducted to understand the effect of framing on loyalty program (LP) points redemption. Specifically, this study investigated whether the frame of a promotional message (gain frame or loss frame) had an impact on the customer’s likelihood to redeem their reward points. This study also asked the question whether attribute framing affects consumers’ purchase choice. This study’s final question was whether LP customers consider the worth of points offered the same as those points’ equivalent dollar value. The results showed that loss framed message’s effect on participant’s likelihood to redeem was marginally more significant than that of the gain framed message. The study also found that when customers were presented with promotional offers of equal financial benefit, they did not show a significant preference towards either earning (gaining) or redeeming (losing) miles. Finally, the study also found that LP customers did not consider the worth of their loyalty points to be same as equivalent dollar value of those points. The findings have important implications for loyalty marketing managers as they suggest tactics that can be used to enhance redemption in existing LPs. iii ACKNOWLEDGEMENTS I would like to thank all the people that have helped me through my master’s thesis and the MSc.
    [Show full text]
  • Cranfield University Adam Manikowski the Impact of Product, Service and In-Store Environment Perceptions on Customer Satisfactio
    CRANFIELD UNIVERSITY ADAM MANIKOWSKI THE IMPACT OF PRODUCT, SERVICE AND IN-STORE ENVIRONMENT PERCEPTIONS ON CUSTOMER SATISFACTION AND BEHAVIOUR CRANFIELD SCHOOL OF MANAGEMENT Doctor of Business Administration DBA Academic Year: 2012 - 2016 Supervisor: Professor Emma Macdonald September 2016 CRANFIELD UNIVERSITY CRANFIELD SCHOOL OF MANAGEMENT Doctor of Business Administration DBA Academic Year 2012 - 2016 ADAM MANIKOWSKI THE IMPACT OF PRODUCT, SERVICE AND IN-STORE ENVIRONMENT PERCEPTIONS ON CUSTOMER SATISFACTION AND BEHAVIOUR Supervisor: Professor Emma Macdonald September 2016 This thesis is submitted in partial fulfilment of the requirements for the degree of Doctor of Business Administration © Cranfield University 2016. All rights reserved. No part of this publication may be reproduced without the written permission of the copyright owner. ABSTRACT Much previous research concerning the effects of the in-store experience on customers’ decision-making has been laboratory-based. There is a need for empirical research in a real store context to determine the impact of product, service and in-store environment perceptions on customer satisfaction and behaviour. This study is based on a literature review (Project 1) and a large scale empirical study (Projects 2/3) combining two sources of secondary data from the largest retailer in the UK, Tesco, and their loyalty ‘Clubcard’ provider, Dunnhumby. Data includes customer responses to an online self-completion survey of the customers’ shopping experience combined with customer demographic and behavioural data from a loyalty card programme for the same individual. The total sample comprised n=30,696 Tesco shoppers. The online survey measured aspects of the in-store experience. These items were subjected to factor analysis to identify the influences on the in-store experience with four factors emerging: assortment, retail atmosphere, personalised customer service and checkout customer service.
    [Show full text]
  • 2Aa29d2d64b4edbcc26daf970b
    Customer Relationship Management VSF Customer Relationship Management Concepts and Tools Francis Buttle AMSTERDAM BOSTON HEIDELBERG LONDON NEW YORK OXFORD PARIS SAN DIEGO SAN FRANCISCO SINGAPORE SYDNEY TOKYO Elsevier Butterworth-Heinemann Linacre House, Jordan Hill, Oxford OX2 8DP 200 Wheeler Road, Burlington, MA 01803 First published 2004 Copyright © 2004 Professor Francis Buttle except Chapter 3 (© 2004 John Turnbull). All rights reserved The right of Professor Francis Buttle to be identified as the author of this work, with the exception noted above, has been asserted in accordance with the Copyright, Designs and Patents Act 1988 No part of this publication may be reproduced in any material form (including photocopying or storing in any medium by electronic means and whether or not transiently or incidentally to some other use of this publication) without the written permission of the copyright holder except in accordance with the provisions of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency Ltd, 90 Tottenham Court Road, London, England W1T 4LP. Applications for the copyright holder’s written permission to reproduce any part of this publication should be addressed to the publisher Permissions may be sought directly from Elsevier’s Science and Technology Rights Department in Oxford, UK: phone: (+44) (0) 1865 843830; fax: (+44) (0) 1865 853333; e-mail: [email protected]. You may also complete your request on-line via the Elsevier homepage (www.elsevier.com),
    [Show full text]
  • Annual Information Form 2015
    ANNUAL INFORMATION FORM FOR THE FINANCIAL YEAR ENDED DECEMBER 31, 2015 March 23, 2016 i TABLE OF CONTENTS EXPLANATORY NOTES ............................................................................................................................................ 1 Forward-Looking Statements .................................................................................................................................... 1 Trademarks ................................................................................................................................................................ 1 CORPORATE STRUCTURE ....................................................................................................................................... 2 Name, Address and Incorporation ............................................................................................................................. 2 Intercorporate Relationship ....................................................................................................................................... 2 GENERAL DEVELOPMENT OF THE BUSINESS .................................................................................................... 3 History ....................................................................................................................................................................... 3 THE BUSINESS ..........................................................................................................................................................
    [Show full text]
  • Level 3 Extended Certificate IT - Cronton
    Level 3 Extended Certificate IT - Cronton Welcome to the resources to help prepare you for your further study of Level 3 Extended Certificate IT at Cronton Sixth Form College. We are very much looking forward to seeing you at enrolment and for you to start the course with us in September. The Year 1 units include: • Information Technology Systems • Creating Systems to Manage Information In these preparation resources, you will be completing some tasks to provide you with a wider understanding of the topics that you will study with us. TRIPS – In your first terms we will be going on two trips (with many more to follow) including Bury Arcade Club, where you can experience different retro and modern games, and Liverpool John Moores Open Day. These trips are a great opportunity to catch up with old friends and make many new ones. Letters will be given out at enrolment. If you have any questions about enrolment then please speak to the school liaison team by emailing [email protected] If you have any questions about studying IT then please contact Ryan Turner at [email protected] Unit 1 – Technology Systems IT systems have a significant role in the world around us and play a part in almost everything we do. Having a sound understanding of how to effectively select and use appropriate IT systems will benefit you personally and professionally. In this unit you will explore the relationships between the hardware and software that form an IT system, and the way that systems work individually and together, as well as the relationship between the user and the system.
    [Show full text]
  • The Accuracy of Customer Reward Program As Loyalty Marketing Tool
    School of Management Blekinge Institute of Technology The accuracy of customer reward program as loyalty marketing tool Philip Law Supervisor: Anders Hederstierna Thesis for the Master’s degree in Business Administration Fall/Spring 2008 Abstract ABSTRACT Relationship marketing is perceived as a leading trend in marketing and twenty‐first century consumers have evolved into becoming ‘increasingly promotion‐literate’ (Harlow, 1997 cited in Egan 2001, pg 381). The knock on effect of this is a decrease in reliance on traditional and most frequently used methods for building customer relationships. For over a decade, supermarkets have transformed the shopping experience through the creation of out of town locations which can accommodate the development of considerable sized outlets, extensive product ranges expanding beyond food. Offering a wide range of services one would not normally associate with a supermarket such as telecommunications, finance and insurance, and with this the additional incentive of customers collecting and redeeming points through customer loyalty programs. Categorically today Tesco is not only the UK’s largest grocer, but also the world’s most successful internet supermarket (Humby and Hunt, 2004, pg 1). The Tesco Clubcard is widely considered to be a pioneer and success story in loyalty marketing, helping to propel Tesco to be the number one supermarket retailer in the UK (Tapp, 2005, pg 176). By carrying out a literature review on previously published materials and the use of a quantitative survey, this study aims to uncover and identify the value of the Clubcard scheme and how significant it is it in creating true customer loyalty to Tesco.
    [Show full text]
  • Multi-Loyalty Card” for a Business and Consumer
    An Empirical Study into the potential of a “Multi-Loyalty Card” for a Business and Consumer. Author: Fionnuala Faherty Research Supervisor: Monica Nielson This Master’s thesis is submitted in partial fulfillment of the req uirements for achieving a Master of Business in Strategy and Innovation Management at Galway-Mayo Institute of Technology I hereby declare that this thesis is my own work, except where acknowledged and has not been submitted to any other institute for grading/examination September 2011 Acknowledgements I would like to thank my supervisor Monica Nielson for all of her help and support to me throughout the course of my thesis. Thank you for your constant advice and encouragement. Thank you to all of the interviewees who assisted me in understanding how loyalty cards worked and the benefit they had to their businesses, especially John O’Brien from Tesco Galway. 1 would like to thank all of my family and friends, who were always there for me during the year when I needed them most, especially my amazing sister Anne; Deirdre, Imelda and Michelle. Thank you for always being there for me. Finally, I would like to thank my Mum and Dad for their constant love and support my whole entire life, I wouldn’t be where I am today without you. Thank you for everything, I love you both very much. Page | 2 Table of Contents Introduction.......................................................................................................................... 8 Purpose of the Study........................................................................................................8
    [Show full text]
  • 1 Tesco's Clubcard Customer Relationship Management
    Tesco’s Clubcard Customer Relationship Management Programme: The challenges of coming to terms with a changing market Synopsis For almost two decades, Tesco was seen to be one of the most successful retail organisations in the world, with a pioneering Clubcard-based loyalty scheme and the development of a strategic CRM (Customer Relationship Management) programme that provided the company with the basis for true customer insight and greater brand engagement. However, in 2011 the company began to suffer as the result of a more competitive environment and a series of internal pressures. In 2012, it issued its first profit warning in 20 years and saw £5 billion wiped off its market value. Within this case study, we examine Tesco’s spectacular growth, the development of its highly successful Clubcard, and some of the problems that began to emerge after the departure of its boss, Terry Leahy. Background In 2003 Management Today voted Tesco the UK’s Most Admired Company and its boss, Sir Terry Leahy, Most Admired Leader. In 2005, the company again picked up the two awards, a feat that had not been achieved since Management Today, in conjunction with Mercer Consulting, launched the Most Admired Companies scheme in 1989. In doing this, they also won outright two of the nine criteria used to judge companies: Capacity to Innovate and Use of Corporate Assets. In 2009, the company was ranked by The Financial Times as the 106th most valuable company in the world. However, in 2010, Terry Leahy, one of the principal architects of the company’s success, announced that he would retire the following year and, within two days, £778 million was wiped off the company’s stock market value.
    [Show full text]
  • Loyalty Schemes in Retailing: a Comparison of Stand-Alone and Multi-Partner Programs
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Hoffmann, Nicolas Book Loyalty Schemes in Retailing: A Comparison of Stand-alone and Multi-partner Programs Forschungsergebnisse der Wirtschaftsuniversität Wien, No. 61 Provided in Cooperation with: Peter Lang International Academic Publishers Suggested Citation: Hoffmann, Nicolas (2013) : Loyalty Schemes in Retailing: A Comparison of Stand-alone and Multi-partner Programs, Forschungsergebnisse der Wirtschaftsuniversität Wien, No. 61, ISBN 978-3-653-03515-5, Peter Lang International Academic Publishers, Frankfurt a. M., http://dx.doi.org/10.3726/978-3-653-03515-5 This Version is available at: http://hdl.handle.net/10419/178473 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents
    [Show full text]
  • Digitizing Retail Payments Building a Successful Loyalty Model
    , 2014 CGAP Photo Contest Photo CGAP 2014 , Doroon Photo Credit: Ullas Kalappura, 2016 CGAP Photo Contest Photo Credit: Remus Credit: Nicolas Photo Digitizing Retail Payments Building a Successful Loyalty Model Peter Zetterli and Rashmi Pillai Contents Global loyalty picture Success / failure of loyalty Global trends in loyalty • Benefit of loyalty • Characteristics of • Increasing accessibility programs successful programs • Going mobile • Successful programs • Underperformance in • Move to revenue based • Types of programs loyalty programs models • Case study: credit card • Retaining customers loyalty programs through emotional incentives • Price matching and price lowering A case for a mobile merchant payment loyalty program • Segmentation of loyalty markets • MNOs’ suitability for operating loyalty programs • MNO-operated loyalty programs, driven by merchant payments Section 1: Global loyalty picture Global loyalty picture Success/ failure of loyalty Global trends in loyalty • Benefit of loyalty • Characteristics of • Increasing accessibility programs successful programs • Going mobile • Successful programs • Underperformance in • Move to revenue based • Types of programs loyalty models • Case study: credit card • Retaining customers loyalty programs through emotional incentives • Price matching and price lowering A case for a mobile merchant payment loyalty program • Segmentation of loyalty markets • MNOs’ suitability for operating loyalty programs • MNO-operated loyalty programs, driven by merchant payments Loyalty programs across the world can provide important lessons for incentivizing usage of merchant payment platforms Loyalty programs • These programs reward customers for specific behaviors, such as transactions, with the aim of promoting those behaviors directly • The programs also allow the acquisition of data that can later be used to further promote the behaviors, through better understanding of customers’ behaviors and needs • Across various industries, loyalty programs carry some similarities in design and execution.
    [Show full text]