59% of Millennials will go to Amazon first when online shopping. It’s no surprise then that the retail giant is one of your biggest competitors.
Sustaining growth and still protecting your bottom line is becoming more and more difficult to achieve. According to Demand Jump , the median cost per customer acquired for the ecommerce industry is around $45.27 . This will only increase as ecommerce continues to boom, bringing with it more competition trying to convert new shoppers.
Customer retention is the quickest and most cost-effective way to increase sales. It costs seven times less to retain an existing customer than it does to acquire a new one. On top of that, loyalty program members for stores who use our platform have up to a 40% higher annual average spend than non-loyalty members. Redeeming loyalty members, in particular, have up to a 164% higher annual average spend than non-loyalty members.
LoyaltyLion is leading the charge in helping merchants bring customers back to the store more often and keep their competitive edge. We’re the most flexible loyalty platform on the market because merchants can customize their loyalty program in stages to drive personalised and meaningful interactions with their customers.
We’re going to take you through each of those stages and show you examples of our limitless customization in practice.
Using an array of in-built features you can quickly build and customize your loyalty program without development or outsourcing to third parties. With this, you can:
Loyalty Widget – customize your loyalty widget to match your brand identity by choosing theme colors and tailoring your welcome and sign up message. The widget can also notify visitors who are on site with a tailored message.
Now you’ve built a loyalty page, time to set up activities that matter to you and your customers. Luckily it’s super easy to customize your loyalty program to reflect your brand values that have helped you carve a niche in the market and attracted so many customers.
Custom rules require integration with LoyaltyLion’s API so will involve development work, so please make sure you have the expertise to support this. We have over 200+ ecommerce agency partners that we can recommend to you as well.
You have a loyalty program that reflects your brand identity and ethos. Let’s take it up a level and truly make it part of your customer and store experience.
Check out our Pinterest for more examples of Integrated Loyalty Programs.
This is a whistle-stop tour of the different levels you can customize your loyalty program to deliver a unique loyalty experience. Contact one of our loyalty experts today and see the features live in action.