Loyalty Matters

We’ve hand picked & curated enlightening articles and informative news stories…Enjoy!


https://betravingknows.com/weekly-reports/host-player-development/2019/06/casino-loyalty-club-eagle-chameleon-flounder/

Is Your Casino Loyalty Club an Eagle, Chameleon or Flounder?

In the casino industry, loyalty clubs are the relentless workhorses of marketing. Loyalty clubs effect casino operations like veins, carrying offers and touching almost every departmental function. Many loyalty clubs are content to flounder and remain the same. Or, like a chameleon, only change after a competitor lights up the market with a new and better offer….Read More


https://cstoredecisions.com/2019/06/03/data-segmentation-boosts-loyalty-success/

Despite news of the recent Facebook data breach and other high-profile misuses, data is not something to be feared. It is something to be captured and used in a way that benefits both c-stores and the customers they enroll in loyalty programs. 

According to the Bond 2019 Loyalty Report, 73% of people are “more likely to recommend brands with good loyalty programs,” while 79% are more likely to do business with those brands and 66% spend…Read More


https://www.mediapost.com/publications/article/336498/bridging-the-brand-loyalty-gap.html

2018 Maritz study revealed that nearly 70% of consumers identified themselves as “transient” loyalists to brands. This means they can be convinced to buy a competitor’s brand. Only 29% of consumers considered themselves to be “resolute” loyalists who only buy their favorite… Read More


https://www.adweek.com/digital/4-reasons-emotional-data-is-key-for-building-brand-loyalty/

Brands looking to win customers for life should consider their emotional states and incorporate that data into all relevant touch points along the path to purchase.

That’s according to a new study from Deloitte Digital on how emotions impact long-term customer loyalty. Here are the top… Read More


https://complinks.co/2018-loyalty-statistics/

What can you learn by the numbers? See how your loyalty program stacks up against some of the most popular loyalty and customer engagement statistics. It will help you understand what works and doesn’t work in the world of loyalty… Read More


https://csnews.com/are-you-mining-loyalty-gold

Equipped with loyalty programs, convenience store retailers are collecting more data on their customers than ever before and the reasoning behind it is clear to data experts.

“It’s imperative to use loyalty data to retain customers since it’s seven times more expensive to acquire a new customer than it is to encourage a visit from an existing… Read More


https://complinks.co/2019/04/15/does-your-casino-marketing-program-pass-the-10-year-test/

The 3 (glaring) reasons you’ll fail to keep customers coming back. It used to be much simpler.

People had vacation spots that were their vacation spots. People had casinos that were their casinos. To keep them coming back, all you had to do was make sure they had fun. But things are different, now. People only spend their money after scrolling… Read More


https://www.forbes.com/sites/servicenow/2019/05/16/what-it-takes-to-inspire-true-customer-loyalty/#54b6bb581d45

Over the last decade, the alignment between business and IT has become increasingly critical to an organization’s success. This shift has given IT leaders a seat at the table as accepted partners of the business…. Read More


https://www.forbes.com/sites/forbesagencycouncil/2019/05/06/seven-tips-for-successful-customer-loyalty-programs-in-2019/#3fb88572f823

Customer loyalty programs can be a key element in attracting new customers and retaining existing ones, but not all loyalty programs are created equal. A superior loyalty program at a similar company can lure a formerly loyal customer away. Boosting customer loyalty is an ongoing challenge for marketers, and below are seven strategic tips for increasing engagement… Read More


https://www.casinojournal.com/articles/91972-player-loyalty-programs-its-time-to-get-personal

We are in the age of expectation. Our customer expects complete knowledge of every spend they make and every click they take and every piece of information they leave about themselves across the organization. We’re not exactly there with that kind of knowledge at many of our properties… Read More


https://www.forbes.com/sites/blakemorgan/2019/05/02/when-it-comes-to-customer-engagement-loyalty-matters-at-citi/#50ebfc927fb6

Homing in on your ad target through technology is only half a marketer’s job: The other half is maintaining that customer relationship. Seductive rewards programs give consumers easy access to brands they already buy and give companies lots of data to mine—and the better the program, the higher the adoption rate… Read More


https://adage.com/article/data-driven-marketing/how-use-data-build-relationships-customers/2167321

Homing in on your ad target through technology is only half a marketer’s job: The other half is maintaining that customer relationship. Seductive rewards programs give consumers easy access to brands they already buy and give companies lots of data to mine—and the better the program, the higher the adoption rate… Read More


https://skift.com/2019/04/26/marriott-and-southwest-airlines-top-annual-loyalty-awards/

Marriott and Southwest Airlines on Thursday night once again took top honors at the annual Freddie Awards, recognizing the top travel industry loyalty programs. A few new players, including Hyatt and IHG, were able to sneak onto the podium, too.

The rankings are compiled from millions of votes across business travelers in the industry. The ceremony for the awards, named for eccentric… Read More

“What’s the significance of this achievement?

All the winners in their respective categories have a coalition loyalty component which allows their members to earn rewards for shopping online.

Southwest, Marriott, Caesars… That’s good company to be in…”


https://www.forbes.com/sites/forbestechcouncil/2019/04/15/the-misconception-of-baby-boomers-and-the-age-of-technology/#5f44c7e1b7e7

Walk into any digital marketing meeting and you’re bound to hear “Target millennials,” “This is what Gen Z wants,” and “The new generation responds well to this content.”

But what about the rest of the consumer base? Often, in meeting with my own marketing teams, I look around at the young and hip employees who know how to navigate the digital sphere and social media, but have no idea how (nor inclination) to reach the older… Read More


https://loyalty360.org/content-gallery/daily-news/cheetah-digital-executive-says-if-you-re-not-perso

Most marketers understand that customer expectations have increased in the last few years. Before the advent of mobile technology, brands could content themselves with push marketing and mass communications. Now, though, customers have a vast warehouse of information available to them at every moment. If they’re going out to dinner, they no longer have to… Read More


https://www.forbes.com/sites/forbesagencycouncil/2019/03/01/mobile-loyalty-isnt-coming-its-already-here/#7e141eee770e

More people than ever before are online while on the go. In fact, the growth of broadband in the home has actually slowed. A full 20% of Americans primarily use their smartphones instead of having internet access at home, according to Pew Research Center. This means the need to explore and take advantage of the possibilities of mobile loyalty programs… Read More


https://complinks.co/2019/02/20/the-gaming-industrys-big-data-revolution-how-casinos-big-and-small-can-drive-customer-acquisition-retention-and-loyalty/

Imagine if the second someone walked onto your casino, you knew: the color they just painted their living room, the fact that they just had a baby, their favorite places to shop, their love of martinis, and the last few vacations they’d gone on. It’s not far off. We buy everything online—paint swatches, strollers, barware, flight tickets… Read More


https://www.fool.com/investing/2019/02/23/caesars-entertainment-takes-another-crack-at-a-rew.aspx

For more than two decades, Caesars Entertainment has been trying to convince investors that a loyalty program is a big value adder for the company. The Total Rewards loyalty program was one of the reasons private equity firms acquired the company in 2006, reasoning that a large database of customers would allow… Read More


https://blog.currencyalliance.com/2018/11/lessons-in-loyalty-5-universal-truths-of-a-successful-marketplace/

“I am not happy with it [the 15% commission rate], but you do get a constant stream of millions of users…”

This quote comes from a 2015 Guardian article on Amazon, but the sentiment could apply to almost any business that ever paid a fee to participate in a marketplace.

This challenge – the give-and-take of marketplaces – now firmly belongs on the agenda of loyalty strategy meetings.

In the past, running a brand loyalty program was simple. Any business could offer a reward, in the form of a discount on a product or service.  While 71% of consumers want discounts in exchange for loyalty, they also demonstrate a significant willingness to accept higher prices: almost 40%… Read More


https://www.mediapost.com/publications/article/330510/in-age-of-amazon-your-brand-needs-new-loyalty-pro.html

In Age Of Amazon, Your Brand Needs New Loyalty Program Now!

In the past, running a brand loyalty program was simple. Any business could offer a reward, in the form of a discount on a product or service.  While 71% of consumers want discounts in exchange for loyalty, they also demonstrate a significant willingness to accept higher prices: almost 40%… Read More


https://www.forbes.com/sites/forbesagencycouncil/2019/01/22/is-it-time-to-add-gamification-to-your-loyalty-strategy/#a36cd2d52b35

More than 80% of millennials and nearly two-thirds of baby boomers have reported an interest in getting rewards not just for purchases but also for engagement with brands. Companies can use gamification marketing to drive engagement, which is key to loyalty.

In the same report, nearly one-third of all participants and 40% of millennials say there should be games with loyalty programs. One advantage… Read More


https://theconversation.com/rewarding-your-shopping-loyalty-with-points-108026

How many “points” have you collected so far this holiday shopping season?

Like millions of consumers, you likely belong to at least one loyalty rewards program. These programs give you “points,” “miles” or some virtual currency when you buy from…. Read More


https://multichannelmerchant.com/blog/124187/

Loyalty, as they say, must be earned. For retailers and other merchants in a crowded and competitive marketplace, earning customer loyalty is a top priority…. Read More


https://www.adweek.com/digital/mobile-shopping-is-on-the-rise-but-remains-split-between-the-mobile-web-and-apps/

Mobile’s influence on shopping behavior has been on the rise since the advent of the smartphone, but recent data indicates consumers are becoming more comfortable finalizing transactions on their phones… Read More


https://www.digitaldoughnut.com/articles/2018/november/how-to-improve-customer-loyalty

In today’s digital age, consumers have access to an unprecedented level of information. Never before has it been so easy to find information that can potentially make or break… Read More


https://complinks.co/2018/12/11/7-reasons-why-coalition-loyalty-matters-for-casinos/

Casinos have perfected marketing, loyalty, and engagement tactics with their patron while they’re on property, with plenty of data to back up strategic decisions to drive more revenue year over year… Read More


http://customerthink.com/brand-loyalty-is-about-engagement-conversion-and-retention-not-points/

During the Mad Men-era of advertising in the 1960s, there was a significant creative revolution that changed how products and services would forever be marketed to… Read More


https://www.nasdaq.com/article/3-reasons-why-loyalty-is-more-important-than-ever-cm1050192

Loyalty isn’t about points or miles or discounts. It means more than collecting an email address in exchange for a discount… Read More


http://www.incentivemag.com/Gift-Cards/Retail/The-Rise-of-Coalition-Loyalty-Programs/

There’s a trend rising in the loyalty space: More companies are looking to expand their earn and redemption offerings outside of their own loyalty programs — specifically, through coalition loyalty programs…. Read More