LOYALTY PROGRAMS BY REWARDS STRUCTURE

Zinrelo supports loyalty programs for a variety of verticals such as retail, brands, travel, business services, internet & software, education, financial services, real estate, media and entertainment, non-profit etc. However, each business has a different objective for the rewards program.
Zinrelo enables loyalty programs that offer a variety of rewards structures to meet different business objectives.

Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure
Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure

Discount Program


This program focuses on rewarding customers via discounts.  This is the most common type of program.

Objective:

The objective is to ensure that the customer makes a repeat purchase.

  • Customer collects points for every qualified activity. 
  • Points can be exchanged for a discount on the next purchase.
  • Discount can be in the form of a coupon, gift card or account credit.
  • Points acceleration can be enabled at higher tiers.
  • Customer can earn points for purchases, referrals, reviews, social media sharing, newsletter subscription and much more.
  • Businesses with mid to high margins.
  • Wide variety of businesses including but not limited to cosmetics, apparel, nutrition supplements, gifting sites,  airlines, travel, electronics, customizable products, service businesses selling warranties and maintenance contracts.
  • Avoid discounts on the current purchase.
  • Prevent customers from purchasing with competition.
Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure
Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure

Discount Program


This program focuses on rewarding customers via discounts.  This is the most common type of program.

Objective:

The objective is to ensure that the customer makes a repeat purchase.

  • Customer collects points for every qualified activity. 
  • Points can be exchanged for a discount on the next purchase.
  • Discount can be in the form of a coupon, gift card or account credit.
  • Points acceleration can be enabled at higher tiers.
  • Customer can earn points for purchases, referrals, reviews, social media sharing, newsletter subscription and much more.
  • Businesses with mid to high margins.
  • Wide variety of businesses including but not limited to cosmetics, apparel, nutrition supplements, gifting sites,  airlines, travel, electronics, customizable products, service businesses selling warranties and maintenance contracts.
  • Avoid discounts on the current purchase.
  • Prevent customers from purchasing with competition.
Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure

Status Program


This program focuses on rewarding customers via VIP status. In such programs, there is no direct correlation between points and rewards. The rewards are associated with the tier that the customer has reached.

Objective:

The objective is to ensure that the customer feels special about their status.

  • Customer collects points for every qualified activity. 
  • Customer reach a higher tier when they earn a certain number of points every year. 
  • Reaching a higher tier entitles the customer to better benefits, discounts, special treatment, priority customer service, invites to exclusive events etc.
  • Typically, these programs are based on spend levels. Therefore, only points for purchases qualify the customer for a tier upgrade.
  • High end brands and products who frown on discounting.
  • High end Product Retailers and Luxury Brands
  • Customers buy more to earn VIP status.
  • Retain customers without discounting.
  • Establish an emotional connect  with customers. Make them feel really special.

Paid Program


This program is designed to make people pay for additional benefits.

Objective:

The objective is to make the value of the perceived benefits outweigh the amount that customers pay for the program.

Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure
Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure

Paid Program

 

This program is designed to make people pay for additional benefits.

Objective:

The objective is to make the value of the perceived benefits outweigh the amount that customers pay for the program.

Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure

Low Margin Program


This program focuses on rewarding customers for making larger purchases that deliver higher margin to the business.

Objective:

The objective is to increase the Average Order value and margin.

  • Customers earn fixed points for every order that crosses the order value threshold. Award higher points for first 3-5 purchases to maximize interest.
  • Between purchases, keep awarding a very small number of points to customers for email click through, site visits, app opens. This is to remind customers about you.
  • Continuous communication to remind customers that they are within reach of the promised rewards. 
  • Customer can earn points for purchases, referrals, reviews, social media sharing, newsletter subscription and much more.
  • Businesses with low margins or low Average Order Value (AOV).
  • Examples are Electronic Retailers, Affiliate sites, Grocery Stores
  • Reward your customers without cutting your margins.
  • Increase AOV

MOST TRUSTED LOYALTY PLATFORM

Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure

G2 CROWD NAMES ZINRELO AS A LEADING LOYALTY MANAGEMENT SOFTWARE

283 Loyalty companies reviewed by G2 Crowd. Zinrelo ranked #1

Loyalty Programs by Rewards Structure, Loyalty Programs- Rewards Structure

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