How Generation Y is Embracing Customer Loyalty
We’ve been hearing a lot about how gift cards have become the most coveted gift this holiday season, as well as their rise to the number 1 spot for workplace incentives, but; do gift cards have a strong hold on the most redeemed item in loyalty programs? Really…we want to know! A recent study released in the United States, called “Born This Way: The US Millennial Loyalty Survey”, concluded that Gen Y, AKA “Millennial” consumers (those born between the mid-1970s and the mid-1990s) “will change the way companies and brands build sustainable customer loyalty”. HOW?
Gift Card Marketing as an Advertising Strategy
Retailers' preparation for the holiday shopping season is now in full swing, and as retailers look for last minute ways to boost their year end revenue; gift marketing becomes a very effective option. Gift marketing uses gift cards as a device for loyalty and rewards. Giving bonus gift cards to shoppers for spending a certain amount turns a gift card from a one-transaction device into a revenue boosting loyalty device that keeps shoppers coming back. It shows appreciation and gives the essential value-added incentive that shoppers look for as they shell out their holiday gift spending.
From our Q3 Industry Trend Report: The Bright Side of Negative Engagement
Although our industry trend reports are typically focused on B2B gift card topics and industry events; we thought that “Turning Negativity into Engagement" is a particularly important topic as our clients and customers enter into an uncertain holiday season. At this year’s MoShow we were reminded of some valuable lessons in listening and reacting. We’re happy to share with you a presentation around embracing technology to
listen to your customers, to bring your brand and brand programs closer to enlightenment. Are you willing to accept social media and online networks as listening tools, to assess your customers’ opinions and react? Many believe that adopting these technologies could back-fire on a brand in an all-too-public forum. But consider that negative conversations about your brand are happening online, whether you are present or not…how you listen and address them could be the difference between a proactive leader and a tarnished reputation. Some really great advice and answers to these nagging concerns come to us in a presentation given at the MoShow’s Incentive Gift Card Council (IGCC) meeting. This presentation, by Mike McDonnell, Vice President, Product Management & Client Solutions at
Affinion Loyalty Group, offers fresh perspectives and real-world examples of how to turn negativity into opportunities for engagement in
The Bright Side of Negative Engagement. This presentation will help you determine a critical response to a negative customer experience and help you answer the important question,”What’s Your White Chocolate Mickey?”
Click here to read the rest of GCP’s Industry Trend Report
9 Tips for Health Benefits Enrollment Season
Since employers typically renew health benefits in January, employees receive their health benefits options for 2012 around now, giving employees plenty of time to think about what they want in their health benefits plan for the coming year. As expected employees will be facing changes, most of which include paying more and receiving less coverage. While employers engage employees in healthy practices with rewards for healthy behaviors through health and wellness programs, health coverage still comes at a high cost, and is often an easily downsized benefit. Here are 9 tips from
GoLocal Prov in Providence, Rhode Island on how to make smart choices when choosing health benefits.
You may not have to break the bank to reward your employees this year
A new MarketWatch survey release this week indicates that employees don't need much to feel rewarded during this holiday season.