Loyalty Stats That Prove The Value of Loyalty Programs
Using past years' gathered statistics is a crucial part of making your marketing plan for the upcoming year. Looking through the numbers and data...
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3 min read
Kimberly Lyons 10/12/22
When it comes to unlocking the full possibilities of what a customer loyalty program can do, one aspect brands shouldn’t overlook is integrations. A loyalty program’s ability to seamlessly connect and share data across a wide scope of different technologies is an important function. The right integrations help increase a loyalty program's abilities and performance, and a high-performing loyalty program is what helps a brand grow.
To find the loyalty program that fits best within your tech stack, here are the main categories of loyalty program integrations you should look for in a loyalty program provider.
Customer loyalty programs with POS system integrations enable brands to provide a unified loyalty experience for customers across their preferred shopping channels. POS integrations ensure that a customer’s loyalty membership is fully accessible both online and in-store. This allows a customer to use their loyalty program benefits, points, or rewards wherever and however they want.
This added convenience makes customers more likely to use their rewards and perks, which is a major benefit. Past research shows that customers who use their perks are more likely to stay active in a loyalty program and for longer periods. A loyalty program without a POS integration can create a disconnect in the customer's loyalty program experience that hinders performance.
Successful customer loyalty programs are easy to use, and having all their loyalty data in one place while shopping definitely makes things easier for the customer. Integrating a loyalty program with an ecommerce platform helps to increase omnichannel sales for businesses by encouraging the loyal actions of existing customers while promoting the loyalty program to new customers.
Customers can see how many points they earn for buying a product, the points to redeem for a product, and what applicable loyalty program rewards they have, all without having to log off the ecommerce site.
Companies utilizing an ERP can benefit from integrating their loyalty program to help further streamline operations and improve customer shopping experience. From identifying opportunities to up-sell, providing more accurate inventory numbers, and addressing service issues, integrating an ERP with a customer loyalty program helps to capture valuable data and provide actionable customer insights that lead to greater sales.
These insights can also help identify loyalty-driving touchpoints during the buyer journey and further build customer loyalty.
Integrations between loyalty programs and customer relationship management software (CRM) provide businesses with a more strategic and comprehensive approach to engaging with customers. A CRM is used to collect and organize customer information; at the same time, a customer loyalty program provides incentives that motivate desirable customer behaviors and actions.
Together these two systems can provide data that improves how a company communicates, interacts, and engages its customers. Working together, CRM and loyalty programs help businesses create more personalized customer interactions that increase satisfaction and build loyalty.
Loyalty programs and marketing automation platforms are both powerful tools for communicating with customers. When integrated they can work in tandem to enhance your loyalty marketing strategy. Companies can maintain relevant communications and targeted messaging across all customer channels and segments, from new customers to long-time loyal customers.
Loyalty programs can bolster your marketing automation platform’s capabilities even further by allowing customers to earn points or rewards for interacting with different marketing communications.
Advancements in technology and the rise of mobile payments amplify the need for customer loyalty programs that can interact with all types of payment hardware and software. These loyalty program integrations give companies multiple ways for customers to join the program and earn rewards, including ones that pay for their purchases through payment processors such as Stripe, PayPal, Quickbooks, and more. These types of integrations allow merchants and companies of any size to offer loyalty incentives or rewards to customers for actions such as paying an invoice or making a purchase.
Your loyalty program integration needs can vary depending on your brand, industry, products, and even customer base. Some loyalty program providers include integrations with commonly used mainstream business software or systems that are already built-in to the platform from day one, which is helpful.
However, one of the most important factors to consider when choosing a loyalty platform and loyalty program provider is the ability to add new or custom-built integrations onto an existing platform. If a loyalty program build is too rigid and unable to accommodate new integrations, that conflict will eventually start causing issues for the brand.
The technology needs and requirements of companies today are extremely fluid and are likely to change over time. The long-term success of a customer loyalty program depends in part on it being flexible and adaptable enough to incorporate new additions of technology or software without having to completely redesign or overhaul the loyalty platform system on the backend. To give your loyalty program the best chance of success, ensure the loyalty platform and loyalty program provider you choose has the right integration capabilities you need.
To learn more about Brandmovers custom integration services and how our loyalty platform was created with a flexible, modular build that allows for more customization and capabilities, reach out to us today!
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