In one way or another, we've all encountered loyalty schemes. In fact, there's a high likelihood that you are signed up for one yourself, and with this rise in popularity comes a market saturated with generic, out-of-the-box loyalty programmes promising to accelerate your business and grow your customer base. But are these white-labelled programmes as effective as they seem to be?
We at Loyalty Works specialise in bespoke loyalty schemes and we do so for a reason. Whilst we could simply dissect a loyalty programme into its basic ingredients, there is much more to the success of a loyalty programme than its constituent parts.
The mechanics of two different cars will work the same, each will get you from A to B as and when you need. But what about everything else? What sets apart a cheap, basic car from a more premium model? The simple answer is, how it makes you feel. This comes down to details, to providing things that other cars don’t, but most importantly, it comes down to knowing your customer. This is the great pitfall of generic loyalty programmes, they don’t know your customer at all. And so they can implement the correct mechanics, but they will always fall short of achieving the desired goal. Eventually, they will break down and no amount of repairs will make them the same as the premium version.
So, today let us talk to you about the white-labelled loyalty scheme alternative and explore the benefits and necessities of implementing a bespoke loyalty programme to truly connect with your customers, deepen your relationships and broaden your customer base.
Why Bespoke Loyalty Schemes Offer Greater Value
A generic loyalty programme can offer to set up a simple, out-of-the-box loyalty scheme utilising modern technology to provide you with prepackaged software that can be integrated into your business. They are cheap and simple, so the draw can be enticing but you may want to take a moment to consider what you’re missing out on.
A loyalty scheme is made up of several parts, from points-based reward systems, to reward tiers, subscription models, dedicated apps and more. The main aim of a loyalty scheme is to track your customer's spending and interactions with the business, be that in-store, online, or through social media or apps, and reward customers for their engagement and purchases. We reward them by offering them something of value. But how can you know your customer's value, if you don't know your customer?
This is where bespoke loyalty programmes shine.
By taking the time to understand your customer base as well as your own aims for the loyalty scheme, Loyalty Works can tailor every aspect of the loyalty programme to fulfil those aims.
This means creating customised reward programmes that are thematically relevant, ensuring the design and execution of them for the end user is in alignment with your branding, so it looks and appears uniquely yours. It means ensuring that the engagement incentivised by the loyalty scheme is dedicated to your goals, whether that is to highlight certain products, push certain services, retain more customers, or increase average spending. A loyalty scheme can be tweaked in a thousand ways, but none of those ways can come to fruition unless we create something just for you.
Through a bespoke loyalty scheme Loyalty Works can track the right kinds of data to understand your customers better, and so better understand what draws them to you and where and how a loyalty scheme will be most effective. We can decide whether to include gamification and where to include it, along with the kind of gamified elements that will most resonate with your audience. We can choose and curate the perfect rewards, offers and prizes that will showcase to your customers that you are always putting them first.
And finally, we can manage your customer satisfaction by ensuring impeccable and world-class customer service to ensure every step of the loyalty rollout and every inquiry that follows is handled with professionalism and care. To summarise the benefits of bespoke loyalty programmes, it is the ongoing support, and the ability to adapt, change, and tailor the loyalty programme that ensures the value of a bespoke loyalty scheme pays dividends for years to come. Something a generic loyalty programme cannot do.
How Loyalty Works Creates Tailored Programmes for Businesses
So, how can you expect Loyalty Works’ tailored solutions to go from the drawing board to a fully implemented loyalty programme?
Well, we begin by first immersing ourselves in your business, your products, and services, as well as taking the time to get to know your customers and the target audience for your loyalty scheme. We gather data, analyse, dissect, digest, and use this in-depth discovery process to begin designing a loyalty scheme that aligns perfectly with your business objectives.
We take these insights and utilise innovative loyalty programme design to find ways to leverage them by choosing the right kind of solutions for you and your business. Whether we choose to explore a sophisticated points-based system, subscription, tier-based schemes, provide gamification elements or all of the above, these will all be options presented to you with the reasons why we see this as the best route to take. Each of our elements will be designed to encourage repeat behaviour, increase spending, and deepen loyalty.
We specialise then in crafting an embedded loyalty programme to ensure seamless delivery and execution for your customers, as we know that the less they have to do and think about, the more willing they are to engage with loyalty schemes, so we create that convenience for them.
And to reward your customers we offer a wide range of gifting and prize services that can source everything from smart tech and gift cards to unique travel experiences and luxury products, whatever the needs of your customer or programme, we can find the rewards that suit you.
To ensure the longevity of your programme and your ongoing success, long after implementation, we will continue to manage the entire process, providing insights, adjustments, strategies, and improvements as and when they are needed, whilst providing world-class customer service to your customers.
We follow the changing preferences of your customers and ensure that your loyalty programme can keep up with and adapt to them, something a generic programme certainly cannot do.
Case Studies: Bespoke Loyalty Success Stories
Using this tailored approach continues to yield significant results for our clients across a variety of industries, because our work is adaptable and we take time to know you and your customers, we can apply our services to any industry and provide loyalty programmes that work the world over.
- West Fraser: We are very proud to have worked with West Fraser, a large lumber manufacturer with over 60 facilities across the world, to help promote their business whilst rewarding and retaining their most loyal customers. We created a claim form prize draw so that customers could provide proof of purchase in exchange for entering a draw to win fantastic prizes. West Fraser has found excellent success with this scheme and we can happily say we helped achieve their goals, so much so they proudly display our company name alongside their own at trade events and shows.
- Wella Red: A very well-known brand in the hair industry, Wella approached us asking us to devise a loyalty programme that showed their support financially, economically, and educationally to help increase profitability and knowledge throughout their customer base. To help achieve this we settled on a points-based reward system, in which customers gain points for purchasing products which can then be redeemed for fantastic prizes, and so Wella Red was born. We built a brand-new site and deployed marketing materials to successfully onboard a large number of their clients into the loyalty scheme.
Conclusion: Invest in a Loyalty Scheme That Reflects Your Brand
So, loyalty programmes are the latest business innovation driving customers, creating loyalty, and driving profit. Unfortunately, due to this success, there are many companies offering basic, out-of-the-box loyalty schemes that simply cannot achieve your personal aims, and do little more than make you appear to be someone who cares about their customers.
Enter Loyalty Works. A company that truly cares and will settle for nothing less than a bespoke loyalty programme tailored directly to you and your customers. From this, we can provide greater resonance with your customer base, provide better and more relevant rewards, and choose the kind of loyalty scheme that will be most effective and engaging to your audience.
Quality speaks for itself, it is built slowly and deliberately, it doesn’t come out of a box like that, it must be crafted to reveal its quality. That is what Loyalty Works does. We know the ins and outs of Loyalty Programmes, and we tailor them directly to you to drive the results that you desire and achieve what generic programmes could never.
So if you’re ready to create a loyalty scheme that truly reflects your brand, contact Loyalty Works today to get started!