Data-driven Loyalty

More and more consumers are openly sharing their data in return for a truly personalised experience. A recent study showed that "90% of customers are willing to share data with businesses if it results in a better shopping experience for them.”

Businesses should use data obtained from loyalty programs to inform;

👉 Personalised offers
👉 Relevant rewards and discounts
👉 Customer journey
👉 Personalised experience
👉 Content recommendations
👉 Future business strategy and decision making
👉 Customer segmentation based on behavioural data
👉 Customised marketing communications

With customer expectations shifting, it's likely that data-driven loyalty will soon shift from a nice-to-have to a must-have.

Always remember, only collect the information that your business needs!