Imagine a world where retail apps treat loyalty programs like the MVPs (Most Valuable Players) they are, attracting users like a box of fresh donuts in a police station break room. Sadly, too many apps fumble this golden opportunity like a butter-fingered quarterback. Just how crucial is this, you ask? Well, a 2021 survey by Accenture revealed that a whopping 77% of consumers partake in retail loyalty programs, while another survey by CodeBroker found that 70% of consumers are more inclined to do all their loyalty-related activities on a phone. So, let's take a peek at what retail apps often do wrong and how they can up their loyalty game to be on the way to turning their customers into die-hard fans!
Some retail apps act like a coy crush, playing hard to get when it comes to their loyalty programs. But hey, if the app wants to win over users, it needs to shout the benefits from the rooftops! Clear and enticing communication about loyalty perks is key to wooing users into signing up for the program.
Imagine a loyalty program sign-up path smoother than your favorite jazz tune. Sadly, many apps miss the mark with a clunky, cumbersome process that turns users away like an off-key karaoke performance at a swanky cocktail party. A report by Forrester found that 28% of US online adults abandoned a loyalty program due to a poor experience during sign-up.
Here's how to create a smooth, harmonious experience that'll have users tapping their feet all the way to the loyalty program:
Clear and enticing communication about loyalty perks is key to wooing users into signing up for the program.
The Loyalty Card View is prime real estate in the retail app world, like a 30-second TV commercial slot during the Super Bowl. But too many apps fail to take full advantage of this prime position. Because it’s probably the most often shown screen, it is the sweet spot for displaying top offers or introducing new features.
Retail apps, it's time to roll out the red carpet for loyalty programs! By putting these plans in the spotlight, creating a seamless sign-up experience, and making the most of the Loyalty Card View, your app will be on the way to maxing out its business potential. A study by Bain & Company found that increasing customer retention rates by just 5% can increase profits by 25% to 95%, underscoring the importance of a well-executed loyalty program in driving long-term success.