We all know that building customer loyalty is very important. We need to get new customers, and make sure the older ones keep coming back. The most proven formula for building customer loyalty is providing great customer service. Along with great service, another way to increase loyalty is by rewarding your customer for coming back to you, incentivizing them for choosing you over your competitors. Offering cash back or redeemable reward points to your customers is one of the best ways to get them to keep coming back.
One of our clients a cement company increased Customer Retention by over 65 % by following a simple method. They printed QR codes on tokens, and placed these tokens inside cement bags. All the customer had to do was to download the app and scan the token found inside the bag purchased. The platform was extended on web, mobile apps, SMS and Interactive Voice Systems. Each token had a specific amount, which was returned to the customer. Customers were happy as they were getting cash back, and the company was happy with the retention rates increasing drastically.
This model can be applied to all businesses and services. Are you are selling a product? Print the QR code and place it inside your product. Are you running a restaurant or a store? Your customers can scan the code found on their bill, and earn loyalty points and/or discounts. You can also send push notifications to your customers about discounts and notices using the app. If you would like to know more about the solutions and how your business can benefit from it, contact us.