Business Live features the Truth Loyalty Whitepaper
Amanda Cromhout, founder and CEO of Truth, said SA there had been rapid growth in loyalty programmes available to customers in SA across almost every industry sector.
“More recently we’ve seen a number of brands really up their loyalty game in terms of innovation and designing offerings that their customers really want. The figures reflect this because now customers actually experience tangible benefits,” she said.
In banking, FNB’s eBucks programme was the most used, followed by Absa’s Rewards, Standard Bank’s UCount and Nedbank’s Greenbacks.
Other insights in the report included the types of rewards customers preferred. Cash ranked first while referring a friend to gain access to a reward was ranked as the least desirable.
Pick n Pay CEO Richard Brasher said the Smart Shopper gave customers something to treat themselves with.
“People grocery shop on a regular basis. The Smart Shopper allows us to understand what it is they are putting in their shopping bag. It’s a win-win situation for the customer and the retailer,” said Brasher.
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