Are you a small business owner or a marketing manager?
Then you probably know about the struggles of keeping your customers loyal and increasing retention.
We have the solution to this problem: loyalty software. It’s easy to integrate, doesn’t cost much, and it has lots of benefits for your company.
In this article, you will talk about the top loyalty platforms and apps for increasing retention.
Regardless if you own a small or a large business, there is a solution for everyone.
Before we get started, here’s how we rate loyalty software and which factors you should use when choosing loyalty software for business:
And now, here are the top loyalty programs to use!
One thing is for certain- you will not only want to simply set up a loyalty program, but you will want to create a loyalty program that lasts!
It is therefore very important to take each development step carefully and thoughtfully and to design a simple, appealing and comprehensive loyalty program.
Here is a guideline of key questions to consider, when deciding how to set up and run a successful loyalty program:
Let’s take a closer look at the top loyalty programs and software to use for your loyalty program:
Preferred Patron Loyalty is a private-label program for loyalty marketing, customer engagement, marketing automation and gift card processing.
They offer one of the most complete loyalty solutions available today, serving small, medium and large businesses across most industries since 2004, including B2C (business to consumer), B2B (business to business) and B2E (business to employee).
From incentive programs to VIP points, digital rewards, cash back, referrals and gamification to SMS and Email Marketing, your loyalty program won’t go unnoticed! Supply your own rewards or offer digital rewards from major brands.
Preferred Patron Loyalty is best used by brick-and-mortar businesses, either standalone or within POS platforms such as Square, Clover and VendHQ Retail POS.
Additionally, clients with an online presence benefit from seamless integrations to e-Commerce systems like Shopify, Pxier and Gloria Foods Online Ordering, as well as options for selling eGift Cards online.
Pros:
Cons:
Pricing: $29.95 to $299/mo per store.
Website: https://www.preferredpatron.com
P2P Rating: 4.8/5
And, of course, our favorite loyalty software, Smile.io!
Smile.io allows you to launch a program with features such as VIP, points, and referrals. It currently serves over 50 million members and keeps growing.
Pros:
Cons:
Website: smile.io
Pricing: $59-$299/month
P2P Rating: 4.5/5
Candy Bar is a web-based loyalty software for brick-and-mortar stores. It aims to create reward programs for engaging repeat customers. With every visit, customers earn a stamp that resembles a digital version of a standard loyalty punch card.
Pros:
Cons:
Website: https://www.candybar.co/
Pricing: 30-day free trial, then $45/month.
P2P Rating: 4/5
Perkville is perfect for membership-based businesses that are looking to reward their customers. Perkville integrates with various industry-specific POS systems allowing you to give out rewards to those who complete certain actions.
Pros:
Cons:
Website: https://www.perkville.com/
Pricing: Starts at $99/month per location.
P2P Rating: 3.5/5
SpotOn is a loyal software best used by brick-and-mortar businesses that want to increase new foot traffic. It has various additional features such as online review access, marketing solutions, and an analytics dashboard. There is an app for customers to find your business, search for deals, and track rewards from multiple businesses.
Pros:
Cons:
Website: https://www.spoton.com/
Pricing: $35-$195/month
P2P Rating: 3.5/5
Loyalzoo is a loyalty software that uses the gamification concept to help businesses improve their retention. Just like CandyBar and SpotOn, it works with digitized punch-cards. LoyalZoo strives to increase the interaction between the merchant and customers.
Pros:
Cons:
Website: https://www.loyalzoo.com/
Pricing: Free trial, then $27-$7-/month per store.
P2P Rating: 4/5
Marsello is a very effective omnichannel marketing app, which focuses on turning promising shoppers into loyal customers. This Shopify app offers a great customized rewards program, through targeted SMS and email marketing campaigns. Marsello is a wonderful tool for assisting you in your business, particularly when it comes to understanding your marketing and reaching out to your customers in the most effective way. Behind the scenes, the app will segment customers based on their shopping history, spend data and visit frequencies, and automatically send emails that encourage customer engagement, customer retention, and increased purchase frequency.
Pros:
Cons:
Pricing: starts at $49 per month, with additional add ons.
P2P Rating: 4.5/5
Rise.ai is a great, user friendly Shopify app, used to boost a business’s customer sales and loyalty through an automated credit store solution. Customers who participate in the program receive a store-valued digital loyalty card and are able to top up and purchase items accordingly. This app also allows businesses to customize their loyalty programs through automated rule settings, based on order values, customer lifetime values and other customer segmentations. Customers are also able to follow an easy referral process through the app.
Pros:
Cons:
Pricing: $19.99 – $599.99/ month
P2P Rating: 3.5/5
For those of who are still unsure about what customer loyalty software to use, here are our picks:
All in all, loyalty programs are perfect for raising loyalty levels and increasing retention. These are definitely the 10 best tools around. So, if you use one of these, you will definitely succeed in your job.
When choosing a loyalty program software for your business, it is important to assess the software based on the following criteria:
1. User reviews- what are people saying about the software at the moment?
2. Demos & trials availability- are you able to clearly see how the software is used and can you access a free trial?
3. Price range- does it fit within your budget?
4. Product features & functionality- do the features function within your specific loyalty program and business niche?
Harrah’s Entertainment Customer Loyalty Program, or formerly known as the “Total Rewards” program is considered as one of the leading, gold standards of loyalty programs today. This loyalty program operates as a tiered program, where gamblers can earn a combination of Tier Credits and Reward Credits. Harrah’s uses a combination of good customized messaging and is powered by Unica’s marketing management software, as well as by SAS’s predictive-analysis program.
Here is a guideline of key questions to consider, when deciding how and why you want to set up a loyalty program:
1. Set your goals- what are you trying to achieve with the loyalty program? Example: to encourage brand engagement; drive footfall; enhance personalization; or to incentivize repeat purchases.
2. Numbers- how will you measure results?
3. Focus- what is your target audience and what percentage of customers do you want to be a part of the loyalty program?
4. Money- how much are you going to spend on your loyalty program?
5. Technology- how will you implement your loyalty program?
6. Actions- what customer actions are you trying to encourage?
7. Incentives- try to understand why customers will be drawn to your loyalty program?
8. API- how will you link your loyalty program to your online store or POS?
9. Promote- how to keep people engaged long term?
10. Adjust- generate customer feedback and assess how you can improve your loyalty program?
Here is a list of helpful tips to consider when running a successful loyalty program:
• Offer customers a unique set of rewards, not just freebies.
• Offer gift cards and cash.
• Socialize your program, by using social media platforms (word of mouth) to grow your loyalty program. Encourage website and app interactions also.
• Shift your brand from “legacy loyalty” to “cult loyalty” which encourages customers to have a stronger relationship with the brand.
• Move away from money-backed to non-money-backed reward systems.
• Appreciate your customers before they purchase, by saying thank you.
• Listen to your customers- allow multiple routes for customer feedback, to keep hearing where you can improve. It will be helpful to also develop a thick skin!