Building Loyalty – Placing Value on your customers

Loyalty is no longer about cards, discounts, or points; it’s about intimacy, intelligence, and timing. For franchises, that means shifting from “How many people are in our program?” to “How well do we actually know our best guests, and do we act on that knowledge in real time across
A guide to making your value proposition even more attractive

Loyalty programs live or die by how compelling their rewards feel relative to what they cost to deliver. Most brands can only fund 1–5% of customer spend toward rewards, which isn’t always enough to create the “wow” factor members expect. Instead of simply increasing that funding rate and squeezing margins, the approach focuses on stretching every reward dollar by emphasizing rewards with high perceived value and lower underlying cost.
