Loyalty Programs for Businesses
Strengthen your customer relationships with an effective loyalty program. We are experts at building strong customer relationships helping you achieve increased sales and improved competitive advantages. With Awardit’s loyalty solutions for businesses, you can take your loyalty efforts to a completely new level!
Increased customer loyalty and enhanced your competitive advantage!
A well-thought-out loyalty program can become your most important strategic tool for achieving the company’s business goals and creating stronger bonds with your customers. Your loyalty program becomes more than just a customer benefit and contributes to creating a sense of belonging and trust. With a well-developed loyalty program, you can achieve the following effects:
Reduced focus on price
A loyalty program creates additional customer value and contributes to a reduced focus on price. This means that over time, the loyalty program contributes to increased margins and improved profitability.
Increased sales
Loyal customers typically increase their purchases over time and recommend your company to other potential customers, generating higher revenues and new business opportunities.
Data-driven insights
A loyalty program gathers valuable data on customers' purchasing behaviors and preferences which can be used to develop both customer relationships and offerings.
Increased customer communication
A loyalty program provides you with extended opportunities for positive communication with your customer base. Based on customer data from the program, communication can also be tailored to different customer segments, making it more effective and targeted. It will also be easier to apply different types of marketing automation flows and tactics.
Increased lifetime value
By rewarding repeat customers, you create a strong incentive for continued purchases. This not only strengthens loyalty but also increases the average lifetime value in your customer base. Each reward becomes an investment in long-term and profitable business relationships.
Increased purchase frequency
Loyal customers tend to shop more frequently as they choose you over your competitors. With a well-developed loyalty program, you have better opportunities to activate your customer base and thus increase purchase frequency and revenue.
We help you achieve success!
Customized solutions
Awardit has extensive experience in designing and delivering successful loyalty programs across a wide range of industries. We offer comprehensive loyalty solutions tailored to your company’s specific goals and requirements. Whether you want to engage customers or strengthen relationships with partners and resellers, we have the right expertise to create programs that meet your requirements and needs.
Expertise and experience
With our solid experience in designing and running loyalty programs, Awardit can offer guidance and support throughout the entire program design and implementation process. Thus, we can guarantee that your program is both effective and successful in the long term.
Flexible and scalable
Awardit uses a range of innovative solutions for customer loyalty. Our technology platform is both flexible and scalable, allowing us to smoothly adapt your program to match your specific objectives and needs.
Long-lasting effects
Our loyalty programs have proven their effectiveness through increased customer engagement and sales. We use points as both a “metric” and “currency,” enabling us to measure success clearly. Moreover, we are actively involved in monitoring, refining, and developing your program for continuous success.
Curious to learn more?
Contact us today for more information about how our loyalty solutions can create value for your company!
Why should I invest in a loyalty program?
A loyalty program is much more than just a way to reward your customers. By investing in a loyalty program, your company can also gather valuable data about your customers’ behavior. By analyzing this data, you can gain insights into the purchasing behavior, preferences, and habits of your customers. You can then use this information to tailor marketing strategies, improve the customer experience, optimize the customer journey, and develop your products and services. A well-designed loyalty program contributes to increased customer interaction and engagement and can serve as a marketing channel to both existing and potential new customers.In addition, the program can become your “virtual salesperson” and support your sales organization.
Why is investing in a loyalty program more important than ever?
Several studies show that customer behavior is extremely volatile, mainly due to changes in needs and preferences brought about by the COVID-19 pandemic. Customers are more demanding and aware than ever before, and it is crucial to be transparent and honest. Furthermore, it must be realized that customer groups are not homogeneous, with significant differences between generations such as “Generation Z” and “Baby Boomers.” Building customer trust takes time, but losing a customer can happen quickly. Investing in a loyalty program is a strategic measure to meet these challenges and strengthen relationships with your customers in the long term.
How can you create engagement in a loyalty program?
To capture and retain customers’ interest, a loyalty program must consist of more than just transactions—it should be an experience! This is where gamification comes in as an important part of modern loyalty program design. Gamification relies on mechanisms from the gaming world that trigger activity, conversion, and participant engagement. Awardit has been working with gamification for a long time and can help you develop strategies and activities to increase engagement among your customer base, linked to the loyalty program.
Some of our services
Customer references
Englund-gruppen Flooring AB
Englund-gruppen Flooring AB has achieved increased upselling and improved profitability.
Entercard
Entercard wanted a program for their own brand re:member that provided added value to their credit card customers.
SAS
This is how we help SAS with a comprehensive solution for redeeming EuroBonus points.
Curious to know more?
Read more about how Awardit has helped other companies achieve success, or get inspired by articles in our knowledge base!
Reward and be rewarded