Welcome to Retailing 2.0

[LA Times, June, 2010] Today’s consumer is a multichannel shopper and consequently demands the same conveniences the web offers when shopping in-store. With the latest trend coined “Retailing 2.0,” traditional brick and mortar stores are changing the way they do business to better meet the needs of shoppers while also remaining competitive with Internet retailers [...]

Is Your Loyalty Program Up to Par for Today’s Consumer?

[SmartMoney, June, 2010] In a time of both  lingering recession and more choices for consumers’ precious dollars than ever before, retailers are being forced to think differently about how to achieve brand loyalty. According to a new study by comScore, the percentage of brand loyal shoppers has steadily declined across all categories over the past [...]

Retailers Reap Rewards From Online Coupons

[Compete, June 8, 2010] Savvy consumers have long looked to coupons for additional savings, but a recent study shows that online coupons can have a significant impact on a retailer’s bottom line. According to a recent “Online Shopper Intelligence” survey conducted by Compete, one-third of online shoppers generally use coupon sites while shopping online. What [...]

Recession Pushes Loyalty to the Next Level

[Forbes, April 9, 2010] Ford’s VP of global marketing, Jim Farley recently described the recession simply as a “blessing” for the automaker. With plummeting sales and loss of consumer sentiment, companies have been challenged to reexamine their business models, listen more closely to their customers, and offer greater value in order to retain customers. Marketers that [...]

Social Media Creates Relevancy and Customer Loyalty

Consumers today are time-starved, overwhelmed by messaging and more digitally enabled than ever before. In this fast paced world, retailers struggle in finding ways to still offer the personalized experience consumers expect. According to a recent study from Empathica, loyalty marketers are increasingly taking advantage of social media to foster customer loyalty. The inherent customization [...]

Data Driven Loyalty… Across Multiple Channels

As retailers continue to evolve loyalty programs to meet the changing needs of today’s consumer, channel integration is more important than ever; but data is key. A recent survey conducted by the Aberdeen Group of 100 retailers revealed the greatest challenge companies are facing today is the inability to capture customer data. Chris Cunnane, senior [...]

Loyal Customers are Checking-in Foursquare

[New York Times, April 28, 2010] The potential of location-based mobile applications has been enticing marketers for a couple of years now, but it seems that Foursquare may be turning this potential into a powerful reality for some. Anyone can download Foursquare on their iPhone, Blackberry, Andriod, Palm or other mobile device to “check-in” and [...]

Is 2010 the ‘Year of Mobile’ for Loyalty Marketers?

In just two years, over 2 billion downloads of more than 100,000 iPhone apps have been completed. The mobile web experiences more than 450 million users worldwide. 40% of all U.S. adults have downloaded as least one mobile application. A recent report published by COLLOQUY explores how smartphones are transforming the way consumers shop, buy, [...]

One-Size-Fits-All is Not An Effective Loyalty Strategy

[CMO Council Report, 2010] Consumers’ wallets are filled with loyalty program cards these days. Yet, a recent report by the CMO Council revealed that… 54% of consumers polled feel that programs lack personalized messaging and valuable rewards. This consumer sentiment is one of greatest challenges for loyalty marketers. Advancing programs beyond basic structure must be [...]

Loyalty and the Post-Recession Consumer

As retailers realize recovering sales, a new post-recession consumer is emerging. New behaviors and decision making processes have led consumers to be much more cautious about how their money is spent. Loyalty marketers have hardly ignored this increased demand for value and savings. Some companies have offered double and triple rewards points for purchases while [...]