Upload
gauri17288
View
217
Download
0
Embed Size (px)
Citation preview
7/31/2019 loyalty_28.05.12
1/14
Click to edit Master subtitle style8/1/12
Loyalty Programs of :
Lifestyle
shoppers StopWestside
Central29.05.2012
7/31/2019 loyalty_28.05.12
2/14
8/1/12
Loyalty Program
Loyalty programs are structuredmarketing efforts that reward, and
therefore encourage, loyal buyingbehaviour behaviour which ispotentially beneficial to the firm
7/31/2019 loyalty_28.05.12
3/14
8/1/12
Benefits For Company
Retaining the customers or clients
Acquiring new customers
Easy to implement
Maintain and increase sales (eg. Inducecross product buying)
Loyal customers are less price sensitive
Positive Word-of-Mouth by customers
7/31/2019 loyalty_28.05.12
4/14
8/1/12
Benefits For Customers
Better Deals
Special incentives
Ease of Shopping
7/31/2019 loyalty_28.05.12
5/14
8/1/12
Loyalty programs
7/31/2019 loyalty_28.05.12
6/14
8/1/12
LIFESTYLE The Inner Circle
Cards entry fee: Rs. 200
Bonus points on new card: 100
Mechanism of points:Point issuance: 2 points for every 100
Rupees
Point redemption: Rs. 100 off on 166 points Additional Benefits:
Gift voucher of Rs. 1000 from FCUK
Gift voucher of Rs. 300 for purchase of any
7/31/2019 loyalty_28.05.12
7/14
8/1/12
SHOPPERS STOP- First citizen
Cards entry fee: Rs. 300
Bonus points on new card: 100
Mechanism of points:Point issuance: 1 point on every 100 Rupees
Point redemption: Points can be redeemedanytime irrespective of the number
of points1 point= 70 paise
Additional Benefits:
Refundable parking
CD
7/31/2019 loyalty_28.05.12
8/14
8/1/12
SHOPPERS STOP
Points can be redeemed at: Shoppers Stop,Home Stop, Mother care
Tier System:
Classic : 1 Point on every 100 Rupees
Validity 2 years
Silver: Classic gets converted to silver on purchase worth
of Rs. 10,000 within 2 years.
2 points on every 100 Rupees
Gold: Silver gets converted to gold after purchase worthof Rs. 40,000
3 points on every 100 Rupees
7/31/2019 loyalty_28.05.12
9/14
8/1/12
WESTSIDE CLUB WEST
Cards entry fee: Classic Fee ofRs. 150( without any purchase) or
Complimentary on purchase worth of Rs.2000 Bonus points:25
Gold Complimentary onpurchase worth of Rs. 5000 Bonus points:50
Mechanism of points:
Point issuance: Classic: 1 point for every100 Rupees
Gold:1 point for every 80
Rupees
7/31/2019 loyalty_28.05.12
10/14
8/1/12
WESTSIDE
Other information:
Associate member card- enables use of member plusspouse
- on payment of Rs.50
- points credited to account of main memberfor any purchase against this card.
Validity of cards- 2 yearsPrivileges for gold members-
Complimentary tea/ coffee/ soft drinks
Free home delivery after alteration to purchases-minimum value Rs. 2500
7/31/2019 loyalty_28.05.12
11/14
8/1/12
CENTRAL- PAYBACK
Cards entry fee: Free issue
Mechanism of points:
Point issuance: 4 points for every 100 Rupees
Point redemption: Rs. 50 gift voucher for every200 points
Additional Benefits: - Points can be redeemed at: Central, Big
Bazaar, Pantaloons, e zone, Home Town,
Brand Factory, Food Bazaar,f t r z r. m
7/31/2019 loyalty_28.05.12
12/14
8/1/12
Pantaloons
1 Star MembersGift Voucher worth Rs. 200on enrolment
3 Star Members5% discount on every
5 Star MembersAn exclusive 7.5% discount
on every purchase7 Star MembersA whopping 10% discount on
every purchaseSwipe card atthe time of purchase to avail
7/31/2019 loyalty_28.05.12
13/14
8/1/12
Trends- India
India is a nascent market for loyalty
programs, holds tremendous
potential Consumer choices are being shaped
through unparalleled access to
information
7/31/2019 loyalty_28.05.12
14/14
8/1/12
Some facts
76% of US retailers and 75% of US
shoppers are engaged in loyalty
programs Shoppers Stop claims more than
60% of sales from loyalty members
Subhiksha claims 80% of sales
comes from loyalty members