REWARD & INCENTIVE PROGRAMMES

REWARDS AND INCENTIVES PROGRAMMES

In this competitive retail market, those who reward consumers for their business see increased loyalty, higher spending and in turn more revenue. The reward market is becoming highly competitive and consumers are increasingly more selective. Retailers offering immediate benefits often gain the most in this market. When redeeming rewards, consumers often add cash to make higher value purchases. Valuable consumers can be given VIP status with bonus points for birthdays or in-store promotions, which strengthens your brand identity and increases consumer loyalty. Also consumer trend information can be collected and used for targeted marketing and promotions, increasing program effectiveness.

ReD can deliver a fully hosted reward programme to your business that will give you immediate benefits to programme members

• Increased member loyalty and your revenue
• Members can earn instant real-time rewards whenever they spend
• Full integration into payment processing systems for tracking buying behaviour
• Rewards can be redeemed instantly in store making it easy for the member to spend which in turn delivers more sales
• Online redemption at the retailer web site is also supported
• Reward accounts can hold either value or points; instant conversion is provided
• Real-time reporting and tracking giving retailers an immediate view of rewards as they are issued and redeemed and reduces your internal administration costs
• ReD provides a consumer web interface for participants to view their personal balance and transactions which promotes further brand loyalty

Please contact us if you would like further information about any of Reward & Incentive Programs.