The changes mean Nectar customers will receive points based not just on how much they spend, but also on how frequently they shop and how long they’ve been shopping with the retailer.
Contrary to common belief, consumers are more likely to take action if the incentive is of uncertain value, offering a way to make loyalty schemes both cheaper and more effective.
Labelling the current loyalty system ‘broken’, Yoyo Wallet is on a mission to sign up retailers and banks as it looks to digitise loyalty and put consumers back in control.
The acquisition of Nectar-owner Aimia’s UK business is part of a strategic drive to help the supermarket know its customers “better than anyone else”.
As new research shows British consumers are among the least likely to have their shopping decisions influenced by a loyalty scheme, brands are warned that loyalty now is about more than discounts and must focus on customer experience.
The loyalty market is ripe for disruption, according to a number of brands who believe blockchain is the answer to building trust and improving customer experience in the long term.
The supermarket sees Clubcard as one of the key ways it can build on improving consumer perceptions of the brand, which have already tripled over the past three years.
Retailer promises to speed up pace of innovation after a challenging year that saw profits plummet and its staff bonus fall to the lowest level in 63 years.
Sonos is replicating the experience people have at home with its sound systems in its first European store as it looks to boost advocacy and bring the brand to a wider audience.
The department store’s marketing director Becky Brock believes delivering human experiences can be its differentiator over the years to come.
After a busy first day at the Festival of Marketing we round up all the highlights, from Unilever making chatbots ‘less boring’ and micro-targeting at Sainsbury’s to celebrating neurodiversity at Direct Line.
There are more similarities between gaming and marketing than you might realise as brands tap into the human desire ‘to win’.
Students become independent consumers for the first time when they go to university so brands that communicate with them in the right way stand to forge long-term relationships with this hard to reach group.
Mobile network Giffgaff is betting on its community of highly-connected and passionate advocates to make it one of the nation’s favourite brands.
The Data Storytelling Awards celebrate excellence in the use of data tools and techniques in insight and analytics.
Sky VIP is the first loyalty scheme in the TV and broadband sector as Sky looks to reward long-term customers.
Former Tesco marketer Matt Atkinson is overseeing big changes at the brand as it looks to appeal to an age group that is healthier and more adventurous than ever.
Just three years ago, Tesco unveiled ambitious plans to digitalise its Clubcard loyalty programme. However, the changes it outlined last week looked very different.
Short-term thinking will lead brands to disaster. Instead marketers must understand the value their product provides the customer to be better prepared for the future.
Brands must understand every aspect of consumers’ lives and strengthen social bonds if they want to secure loyal, happy customers, but first they need to empower employees, according to new research shown exclusively to Marketing Week.
Customer satisfaction scores such as NPS hide your brand’s problems. Instead of focusing on a simplistic number, take a big data approach to analysing customer comments says University of Cambridge researcher Mohamed Zaki.
The relationship between financial services brands and consumers is broken. Jaywing managing director Maria Vardy looks at why and how marketers need to connect with customers emotionally.
Shadi Halliwell admits she joined a brand that “needed polishing” but as she announces her departure believes she has overseen a new strategy that positions it for future growth.
Brands ready to embrace data, promote agile thinking and build teams with customer-centricity at their heart are reaping the benefits of customer loyalty and retention.
From Coca-Cola finally pulling the plug on its Coke Life product to Pepsi landing itself in hot water with its latest ad, here are the five stories you need to know about this week.
Brands should be using data-driven insights to be more like Amazon and replicate the consumer and shopkeeper relationship of the 1950s at mass scale, according to Air Miles founder Sir Keith Mills.
The new partnership means Daily Mail readers can earn Nectar points every time they buy the Daily Mail or The Mail on Sunday.
Brands should forget drones and driverless cars and instead invest in the customer journey and areas such as personalisation, payments and delivery.
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