Are loyalty credit cards still worth bothering?

Are loyalty credit cards still worth bothering?

Brands are tapping into technology, with the use of mobile devices and apps leading the trend for a more sophisticated transaction – often removing the need for a physical card altogether.

Are you still using reward cards to retain customers & purchase frequency in the 21st century?

Loyalty cards may seem like a sweet deal but there are barriers to customers joining up as they often involve lengthy form filling. Then on top of all this, customers get fed up with carrying multiple reward cards in their pockets.

9/10 of customers have smart phones. It just made sense to have an app they could replace their coupon card with. Do you wish for a better way to track customer through your reward points?

COIN presents a novel mobile based loyalty rewards management solution to the problem. COIN's mobile APP can replace the physical smart card and eliminates all issues related to the smart card and point rewards. With built-in Email, SMS, Social Media & WhatsApp, COIN app helps to extend brand promotion. This pushes real time notifications to the customer's smartphones.

Also, COIN enables to identify how many rewards customers have claimed, & whether their promotions are driving results. COIN boosts customer retention and makes lasting connections.

So, say good bye to the reward cards & start using the COIN loyalty card app.

Comments

69% of loyalty-program members are likely to engage in a loyalty program if a mobile app is available!

A Recent study conducted by Nielsen stating that loyalty programs are more effective if it is available on mobile. Digital loyalty-program characteristics or features are particularly appealing in the Asia region. Asia has the highest percentage of loyalty program members when compared to rest of the world. Mobile apps are particularly attractive in India (80%), Thailand (78%) and China (74%). Integration with digital payment systems (78%) and third-party apps that combine loyalty-program information (63%) also are more appealing in the region than globally (67% and 51%, respectively), with India, China, and Thailand the most enthusiastic supporters. COIN’s mobile app benefits retailers as well as customers. It assists the retail owner to keep an eye on every business data accessible from anywhere around the world. Similarly, for customers, COIN mobile APP stimulates loyalty programs and shows latest offers and discount vouchers directly from the retailer...

Make an offer your customer cannot refuse!

A study conducted by Firstdata related to consumer loyalty reveals that customers are inclined to purchase if they receive rewards. Link to the study is as follows https://www.firstdata.com/downloads/thought-leadership/fd_specialtyretailrewardsprograms_research.pdf Reward programs induce consumers' buying pattern that ignites sales for the business. Reward programs tend to increase sales revenue but providing the right reward to the right customer is a laborious task. To do this you ought to have a business partner who places the card correctly. COIN CRM proposes customer targeting strategies for each consumer segment like active, nonactive consumer in order to propel their engagements by offering rewards. Unlike any other CRMs, COIN performs this task using a unique set of analytics tools. These functionalities elude investing on wrong customers besides usher investing on the right ones. Ultimately, it helps businesses to decide right rewards for their consum...

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