RSS feed Get our RSS feed

News by Topic

BizReport : Loyalty Marketing : February 10, 2011

Loyalty expert: Large or small, rewards must first be relevant

Large rewards or small? That is the question many rewards programs are facing in 2011 as they look at ways to engage and re-engage their client lists. The key, according to one expert, isn't the size of the reward but the relevance of it, just as in typical advertising.

by Kristina Knight

The best ads in the online space work because the content and products are relevant to the consumer - they have queried a search engine, they have made a prior purchase or have joined an email list. The same holds true for rewards programs, which is where the platform e-Miles comes in.

Through the platform consumers opt-in, review offers and choose only offers relevant or interesting to them. They accrue rewards points according to the offers chosen and can then transfer those points to partner company rewards programs.

"E-Miles customizes ads to the member's stated interests, providing an unparalleled level of engagement," said James Burrows, Executive Vice President of Global Sales with e-Miles. "[The consumer] controls both the type of offers and their level of involvement. Companies can't do a blanket approach for all consumers. Engagement with rewards brands is all about relevancy. Some consumers participating in rewards programs might only want the biggest brands; others may be interested in just coupon savings."

Another tip from Burrows? Audiences need to be segmented and targeted according to their specific interests for long-term program growth and results. This is where e-Miles is different from many programs because consumers opt-in and note their preferences for accruing points. That anonymous data is then worked into a program to fit the right consumer with the right brand at the right time so maximize program results.

"Brands need to not only target the proper groups, but also use all of their data and profiles to extract maximum customer value," said Burrows.

Consumers in the program also complete short questionnaires about the offered products, ads or companies in the program. This gives the brand necessary feedback to tweak or change campaigns for better ROI.

Tags: eMiles, James Burrows, loyalty marketing, loyalty programs, reward programs

Subscribe to BizReport

  • M. Belevedere

    Creating messaging that's relevant opens up a lot of doors with your targeted audience, allowing for acceptance and reception. A recent blog in the automotive direct marketing realm associates relevancy with a recent ad campaign by Dodge/Chrysler depicting Eminem and his ties to Detroit. The message creates association to all three as each strives to comeback to...relevancy.



Copyright © 1999- BizReport. All rights reserved.
Republication or redistribution of BizReport content is expressly prohibited without the prior written consent.
BizReport shall not be liable for any errors in the content, or for any actions taken in reliance thereon.