CRM Reward Options
CRM Reward Options
The CRM supports a variety of reward methods. Each option offers different benefits depending on business needs.
1. Printed Vouchers at Spending Targets
Example: Spend $300, receive a $10 voucher.
Advantages:
Encourages customers to return to redeem the voucher. Provides a visible reminder in the customers possession they have a reward.
Increases overall spending by rewarding higher purchase totals.
2. Electronic Rewards Balance
Advantages:
Builds long-term loyalty by allowing customers to accumulate rewards over time.
Provides a clear and easily traceable value for customer engagement.
3. Buy X, Get 1 Free (Item-Based Tracking)
Example: Buy 10, get 1 free.
Advantages:
Drives repeat purchases of specific products.
Encourages consistency with preferred items or brands.
4. Automatic Discount Percentage on Sales
Advantages:
Seamless for customers, discounts apply automatically at checkout.
Provides an immediate sense of value.
Exceptions can be configured when necessary.
5. Trade Pricing for CRM Members
Advantages:
Supports high-frequency or high-value customers with preferential pricing.
Clearly distinguishes CRM members from standard retail customers.
6. CRM-Only or Early-Access Promotions
Advantages:
Creates exclusivity for CRM members.
Drives CRM enrolments and increases promotional engagement.
7. Invite-Only CRM Events
Advantages:
Strengthens customer relationships through personalised experiences.
Helps build brand loyalty and encourages customers to become advocates.
8. Anniversary Vouchers
Example: Send members a voucher one year after joining.
Advantages:
Provides a personalised reward tied to the customer’s relationship with the business.
Encourages re-engagement from customers who may not have visited recently.
Reinforces loyalty by recognising membership milestones.