A Comprehensive Guide to the Coalition Loyalty Program - PowerPoint PPT Presentation

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A Comprehensive Guide to the Coalition Loyalty Program

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As the year passes, the customer behavior has also seen a drastic change. Brands should adopt new and innovative strategies to keep their customers loyal, thus by enhancing their brand credibility. Incorporating a loyalty program in a brand is considered to be a successful strategy. So what is a loyalty program? A loyalty program rewards customers for their repeated purchases. It is designed to encourage customer retention and also drive more customers towards the brand, thus by promoting brand awareness. Among different types of loyalty programs, one such popular one is the coalition loyalty program. A coalition loyalty program bring multiple brands together in a single program. A customer can earn rewards or points from one brand and redeem it in another brand of their own choice. – PowerPoint PPT presentation

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Title: A Comprehensive Guide to the Coalition Loyalty Program


1
COALITION LOYALTY PROGRAMS
  • Building strong collaborations

www.retyn.ai/
2
What is coalition program?
  • A coalition loyalty program is a loyalty program
    that brings together a diverse range of brands to
    offer a unified loyalty program, providing
    enhanced benefits and a seamless customer
    experience.
  • It allows customers to earn and redeem rewards
    across all participating brands. 
  • This loyalty plays a major role in businesses to
    build brand loyalty. 

3
The Logic
Store 2
Store N
Store 1
4
Benefits of coalition loyalty program
  • More footfall and dwell time
  • Customer identification
  • Easy enrollment
  • Cross-brand promotions
  • Global customer management

5
More footfall and dwell time
  • A brand that offers incentives for repeat
    purchases, such as points or coupons, is much
    more likely to retain their customer base.
  • With many brands combining together, customers
    will get more time to explore thus by redeeming
    the coupons or points given by the brands.
  • An increase in footfall can lead to a greater
    number of customers purchasing goods and
    services, which will generate more profit for the
    brand.

6
Customer identification
  • Identifying customers is important for a brands
    success. Customer identification is the process
    of linking customer data with a specific
    individual or account. 
  • Brands should enable latest technologies which
    has the ability to track customer behaviour and
    purchases, giving insights into how to better
    market to them in future.
  • This enables brands to know who their customers
    are and create personalized offers for them. 

7
Easy enrollment
  • A brands loyalty program is an important
    strategy to generate more revenue.
  • By integrating loyalty program with card linking,
    receipt scanning, or cloud printing etc, the
    number of loyalty program members increases.
  • This will also helps brand to increase customer
    loyalty and brand credibility.

8
Cross brand promotions
  • A coalition loyalty program allows for customers
    to earn and redeem rewards across different
    stores, brands, or industries. 
  • This strategy can be used by brands to create
    promotions that have a cross-branding effect on
    the customer.
  • This will increase footfalls and brand loyalty.

9
Global customer management
  • As more and more customers shopping habits
    changes, brands must adapt their strategies to
    meet these changing needs.
  • The coalition program is a single customer view
    that can span multiple brands with benefits from
    membership programs across different brands.
  • By adopting this approach brands can increase
    loyalty.

10
Ideal for,
Shopping Malls
Airports
11
Summary
  • Coalition loyalty programs are an emerging trend
    among companies who want to establish a
    partnership with other brands.
  • Customers can also enjoy various benefits and
    incentives with this program because they have
    access to so many brands at the same time.
  • These programs are created by brands that share a
    common goal of increasing customer engagement and
    brand awareness.

12
THANK YOU
Read more on coalition loyalty program https//w
ww.retyn.ai/program-types/coalition-loyalty
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