And customers are less loyal than ever before. Differentiation is critical, but most traditional loyalty programs feel so similar. Anyone can replicate discounts and free shipping. That’s why we have to stop thinking only in transactions. We have to rethink loyalty.
Some call it subscription loyalty. Others call it membership loyalty. We call it premium loyalty. Customers pay a fee in exchange for 24/7 benefits that traditional loyalty programs can't touch. You go from being "just another program" to being an irreplaceable part of customers' lives.
With premium loyalty, your best customers buy more often, spend more when they do, and evangelize for your brand. You get additional revenue from membership fees and unparalleled data on buyers' habits, likes and dislikes. You get loyalty as an outcome, not just a series of transactions.
Retailers make huge investments in the technology and people behind traditional programs. Hopefully, they break even after a year or two. But premium loyalty throws that risk out the window and works on a revenue share model. There’s no upfront investment needed. Our revenue comes from a percentage of the membership fees. In other words, we only succeed if your program does, which is why we bring our full suite of services to the table at no additional cost.
In the Age of the Customer, when brand differentiation is more important than ever, most traditional loyalty programs are the same. But what works for one brand won’t work for another. That’s why from a product perspective, we build each program to make sense for each retailer and its best customers. You won’t get an off-the-shelf solution. And from a marketing perspective, we continue to analyze and optimize each program so that it continues to stay on-brand and resonate with its members for the long run.
Consumers want to use benefits that are important to them. One-size-fits-all doesn’t work. That’s why our flexible, scalable benefits infrastructure lets you offer the rewards your customers will value most. From discounts and rebates to exclusive content and experiences, we can deliver exactly what your program members want. It’s all about balancing transactional and experiential benefits to build a true emotional connection.
Our Momentum Platform™ works with any IT infrastructure. Handle billing yourself or pass it to us. Host program web pages on your servers or ours. Integrate with any third-party services and platforms you’re already using. Upload content through our CMS or your own. Our platform is built to work how you want it to work.
We have your back well beyond your program’s launch. From day 1 to infinity, our team is available 24/7/365 for technical issues, and we provide unparalleled analytics data, reporting, and regular strategic reviews. We don’t set it and forget it. We’re working on behalf of our retailer partners every day to ensure the continued success of their programs.
It's safe to say we've been doing this a while.
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July 11, 2019
In our second edition of Retail Recap for 2019 we saw a prevailing theme around the power of loyalty programs. Whether newly launched or revamped, loyalty programs can entice elevated customer engagement and achieve competitive differentiation. Here’s what stood out to us in the second quarter: Reebok to “Unlock” Greater Customer Loyalty As more…
July 9, 2019
What does it cost to build a premium loyalty program? It’s a very common question because traditional loyalty programs have always had a large upfront cost associated with them. We don’t charge anything upfront to build a loyalty program. Many retailers don’t understand how our pricing model works because it’s quite different than what they’re…
July 8, 2019
Investments from two prominent private equity firms allow Clarus Commerce to advance leadership position and innovation in the premium loyalty market. Rocky Hill, CT — July 8, 2019 — Clarus Commerce (“Clarus”), the only company specializing in building, managing and optimizing premium loyalty programs, today announces its acquisition by Marlin Equity Partners (“Marlin”), a global…
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