Here is a great article grabbed from BizReport.
Main points as follows:
- Why loyalty programs are the way forward
- The need to pinpoint when members of loyalty programs become disinterested and unsubscribe and;
- Shows how consumers want to be engaged by their loyalty programs across one or more channels.
The latest Loyalty Report from Maritz Loyalty Marketing found that almost half of loyalty program members have stopped participating in one or more programs over the past year. Using mobile apps to engage consumers in loyalty programs could be the way forward.
“Our study revealed that 47% of members have stopped participating in one or more programs in the past year. This number is disconcerting for program operators, yet of even greater concern is that only seven percent of these defecting customers actively defect – meaning, they actually formally request to leave a loyalty program,” said Scott Robinson, senior director of loyalty consulting for Maritz Loyalty Marketing.
“Given the high percentage of passive defection, it is paramount that loyalty marketers proactively identify the early warning signs of disengaged members.”
Consumers want to be engaged by their loyalty programs, across more than one channel. Almost all (94%) of the surveyed member want communications from their loyalty programs and almost half (46%) want those communications to come via at least 3 channels, mobile being one.
Of the 6,000 U.S. consumers surveyed, three-quarters (73%) expressed interest in using their mobile device to interact with loyalty programs and 91% would likely download an app for a program they enrolled in.
Original article found here
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