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LOYAL TY You’re Doing it Wrong

Loyalty You're Doing It Wrong

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Page 1: Loyalty You're Doing It Wrong

LOYALTYYou’re Doing it Wrong

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Your loyalty program is more than just a point earning experience.

+10

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It’s about creating the perfect relationship…

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at every touch point…@

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with an entire community who shares those same values.

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But even the best designed programs will see engagement rates decline if any of these mistakes are made:

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1Barrierto Entry

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Simple Complicated

ONBOARDINGFirst impressions are difficult to change. When a customer opts into your loyalty program, are they expected to fill out a 16 page profile? Is there a complex onboarding process? Keep this experience easy, fun, and focused on the customer. Offer an early win to spark engagement immediately.

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2One SizeFits All

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Tailor the experience to the individual

It’s not just about communication preferences (but that’s a good start). There is a strong link between personal values and program engagement. Realize what drives and sustains engagement is unique to each customer.

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3LengthyFeedbackCycles

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Feedback {noun}

/ˈfēdˌbak/

Feedback is a process in which information about the past or the present influences the same phenomenon in the present or future.

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In other words…

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In other words…

FEEDBACK CHANGES BEHAVIOR

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Motivation Principle: In order to receive maximum benefit from feedback, it should be delivered as soon as possible after performance of the activity.

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4SuckyRewards

:(

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It’s not about offering the most rewards It’s about offering the right rewards.

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Motivation Principle: Rewards need not always provide economic benefit to the end user.

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Motivation Principle: Rewards need not always provide economic benefit to the end user.

(status is an emotional reward in itself)

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5No SocialProof

329 1,598 4,827

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@

Human interaction matters more than you can imagine.

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Motivation Principle: Experiencing social acceptance amongst peers activates the same centers of the brain as earning money.

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The bandwagon effect is very real.

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CONCLUSIONBy leveraging these best practices, your loyalty program has the power to drive high value behaviors.

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