This guide is designed to help businesses understand the myLoyalty solution and the benefits it offers to them and their clients. The guide is set up around a fictitious business that provides digital rewards/offers in the form of conditional cashback awards to its clients. Clients can manage their rewards easily and at any time via the myLoyalty mobile app.
Why myLoyalty?
myLoyalty allows businesses to target and reward their customers simply for their loyalty and for their preference towards their brand in a super modern and digital approach with cashback awards and eWallet-based mobile application without the need of having plastic loyalty cards or collecting old fashioned points.
Optionally, businesses have the options to opt for a white label app and set it up as per their brand identity with their own flows and their own app available for download at the app stores.
Richness of wallet-based offers
Businesses are provided with a broad range of reward offers such as incentives for improving client engagement within the business. Each offer defines a goal that clients should reach in order to earn a monetary award. Every offer type has its own conditions that affect how and when an award will be provided and spent. The fact that the awards are in the form of conditional cashback allow the business to award more, utilize its free capacity and drive sales on slow-moving or specially promoted products.
Businesses can award their clients on sign up, on referral, on birthdays or name days, on profile completeness, based on the purchase amount, based on the purchased products (on white label apps and assuming CRM.COM is integrated to the POS), based on the venue of purchase, the day and/or time of the purchase, on a lottery basis or as a thank you gift.
Targeted and personalized
CRM.COM’s segmentation allows the business to target its audience and provide personalized rewards to specific customer segments, rather than having a flat offer applicable to all. Segments are easily built based on common characteristics such as demographics, buying behavior etc.
Client engagement via notifications and automations
CRM.COM allows businesses to interact with its clients via notifications using different channels such as in-app notifications, email or SMS. The content of the notifications can be set up in multiple languages and can include images, links etc. The notifications can be sent for marketing purposes to promote new products, new store openings, new offers or as part of automations such as automated notifications on a new award or on spend.
Real time business data and performance
The business has the ability to monitor the performance of its stores, offers, customer registrations, awards given, spends performed etc. via graphical dashboards.
Unique rewards experience for the client
The wow experience the clients have from interacting with myLoyalty but also specifically with the business’s ultra modern rewards scheme allows the business to earn a huge and loyal customer base in zero time.
Join myLoyalty today. See pricing below:
Businesses can join myLoyalty via the below pricing options:
Option A: Pricing based on spend Minimum 1000 participants on a multi-tenant app | Monthly Fee € |
---|---|
Transaction fee on spend | 1% |
Fixed recurring fee | Based on participants: |
Option B: Pricing based on participants Minimum 1000 participants on a multi-tenant app | Monthly Fee € |
---|---|
0-5000 participants | €0.03 per participant |
5001+ participants | €0.02 per participant |
Add-Ons | Monthly Fee € | One Off Fee € |
---|---|---|
Private white label app | 5000-10000 participants €50 | €1000 |
SKU-based offers | extra fee per participant €0.01 | |
Business Intelligence (BI) | extra fee per participant €0.01 | €1000 |