Follow Us

Services

Content Development
Learn More

Social Media                    Learn More
Analytics + Reporting
Learn More

Loyalty is more than just points, rebates or tiered privileges.

Customer loyalty is determining what attracts and motivates your most valuable customer and how to proactively identify and target those customers most likely to churn.

Research conducted by the Harvard Business Review indicates that companies in the U.S. lose nearly 50% of their customers every five years. The study concludes that a 5% increase in customer retention can increase profits by as much as 100%.

Customer Loyalty Program Design

By integrating social listening platforms, advanced analytics and personalized content, One Red Bird first understands the motivations that drive retention or attrition in your customers. We will validate our assumptions with data and develop detailed buyer personas.

Next we will determine your objectives and how we will design these into the program strategy. Objectives we frequently see include:

  • Increased product turnover and profit
  • Improved customer retention
  • More customers engaged in established long term relationships
  • Product Trial
  • More frequent customer referrals
  • Increased purchase frequency
  • Increased basket size
  • Fewer mark-downs
  • Improve the effectiveness of direct marketing

Once we have identified your target segments and desired behaviors we will cultivate meaningful marketing conversations with customers that optimize retention, generate growth and improve profitability.

As well, One Red Bird will work with you to determine an appropriate rewards strategy that has high appeal to your customers, is achievable and makes sense for your business.

Finally we will ensure a measurement framework is in place in order for you to track and optimize your ongoing loyalty marketing activities.

Recent trends suggest that the costs associated with acquiring a new customer are five to six times what it takes to generate an equal amount of new business from an existing customer.