Your retail mix is the only reason shoppers visit your store. So, a better catchment will not delight them – after all they are in your store only for this very reason. But that’s where your loyalty management program comes in handy.
Because you can reward them for what they consider it as a mundane task – shopping. That’s how you delight customers. Further, a properly designed loyalty program not only rewards loyal customers, but also helps you provide a window to understand them more – what are they like, why do they buy what they buy, and finally, how do they see you (your retail store)!
Our Head Quarter solution (HQ) allows retailers to roll out, monitor, as well as manage loyalty program.
There are three things you require to manage a loyalty program – Loyalty Card, Loyalty Card Pattern & Loyalty Program Manager.
Let’s see how you can delight customers.
Step 1: Create a Loyalty Card. Assign a meaningful name to it – one that makes business sense, (say) Gold Membership. You can do this through our Loyalty Card Master module.
Step 2: Create a card series using Loyalty Card Pattern Assign module. Here you will specify important loyalty card information such as how many loyalty cards will the series hold, their naming pattern, card value (for points), validity period etc. For e.g. a Gold Membership can have 100 cards (100 customers), with the prefix GM, running from GM00 to GM99 and valid for say six months.
Remember, a loyalty card is unusable without proper matching pattern.
Step 3: Assign the card(s) to different stores/outlets. HQ allows you to do this using Pattern Assign History module. Now, you have a loyalty card to be given to customers.
HQ gives you the Loyalty Card Program Manager module!
Step 4: With it, you can create loyalty programs for a specific category (say Kid wear), Items (say Jeans) or Bills (value). Here, you specify important details such as the min & max value etc. and assign it to different stores/outlets. For e.g. you can create a Gold Program such that customers gain 1 point for every instance of purchase they make for bill value over 1000, situated in (say) City Mall.
Step 5: Assign the loyalty card to the program.
Done!
Wait. You can actually do more than just that.
Your customers can decide on whether they want to redeem or collect loyalty points from their subsequent purchases, upgrade/downgrade loyalty programs, reassign loyalty cards, view program performance through reports and so on.
But that’s for the next week. Watch this space for more details.
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