Metro Personalizing All Shopper Interactions
The personalized communications include
targeted promotions sent with quarterly reward checks, personalized
fliers and store assortments tailored to the needs of its most loyal
customers.
For example, Metro has defined certain items that are important to loyal shoppers as the “diamond line.” When store associates replenish stock, “they know which items are key and should be over-stocked, never understocked,” said Giroux.
The combination of loyalty rewards and personalized offers has led to “a good increase in the frequency of visits and the average size of the baskets by our most loyal customers,” said Giroux.
On the other hand, data programs like Metro’s are not without a significant investment. Retailers may need to spend between 1% and 2% of top-line sales “to have a successful loyalty program,” said Marc Fischli, chief operating officer, international markets, Dunnhumby Canada, who also spoke at the NRF session.
For example, Metro has defined certain items that are important to loyal shoppers as the “diamond line.” When store associates replenish stock, “they know which items are key and should be over-stocked, never understocked,” said Giroux.
The combination of loyalty rewards and personalized offers has led to “a good increase in the frequency of visits and the average size of the baskets by our most loyal customers,” said Giroux.
On the other hand, data programs like Metro’s are not without a significant investment. Retailers may need to spend between 1% and 2% of top-line sales “to have a successful loyalty program,” said Marc Fischli, chief operating officer, international markets, Dunnhumby Canada, who also spoke at the NRF session.
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